The value of money will decrease further because of the fact that inflation is always two digits higher than the interest on bank savings, so automatically the value of money decreases day by day. The value of money will be even worse if the increase in the price of goods is higher than the interest rate or the level of business profit.
To get around the decline in the value of money due to inflation is not to save all the money in the bank but to save more of his assets in the form of assets whose value is fixed or tends to rise but is easily disbursed at any time such as gold and other precious metals.
Topic: Money value inflation Feeling that money is not worthed?? - page 2. (Read 351 times)
And by the way, everyone here is worried about inflation, but no one remembered deflation, when money strengthens on the contrary, and deflation can create much more problems for the country's economy. The most striking example was in Japan, when there was a decline in production due to the strengthening of the yen.
Now Japan won't have the same problem since they can use other coins instead of Yen. The biggest problem is that there is no competition in currency market, so that the supply of one single currency will affect so many things in a country. And other coins can not enter mainstream market in a good way
Fiat money works like this: The government print lots of it and use those money to create large project, hire people, construct many useful or useless things, and everyone got a job so that they are satisfied
However, since bitcoins are mined and people hold it like treasure, they have very little effect in creating large project and hire people etc... so it will not become many people's salary and will not get spent
And by the way, everyone here is worried about inflation, but no one remembered deflation, when money strengthens on the contrary, and deflation can create much more problems for the country's economy. The most striking example was in Japan, when there was a decline in production due to the strengthening of the yen.
Yes absolutely i feel the same way in everyday will pass the value of the 100$ will go down and its because of the inflation. So we need to save money as much as we can for incase of emergency we have a money to use for.
Don't waste money save it!
Don't waste money save it!
I also feel inflation closely. I live in Venezuela and the purchasing power of Venezuela has greatly diminished. You know the crisis we are going through, we are news globally. I only get up every day to do my best to cope with all my responsibilities and if I can help someone I do too.
Thank God we have the joy of a new dawn and the opportunity to stand.
Let's continue creating our crypto space!
Thank God we have the joy of a new dawn and the opportunity to stand.
Let's continue creating our crypto space!
For every business man, every of your money has value to you, though it is not always enough at any time. But on like in time like this especially when you have seen your money in High value during the bull run and by now it has so devalued. One tend to get discouraged and feel the token is nothing, compared to what you have seen. Secondly, during inflation, the prices of everything around kills the value of the money on you. And it appears as though it has not value since it can't obtain up to what it is worth before.
I doubt any country didn't feel any sort of inflation from then to now. Of course, people born just recently (around 20-25 years past today) wouldn't feel it much, but those at a much older scale would probably feel quite an impact seeing something worth $5 then be at around $15 today (just an example).
The scales are tipping but only towards the prices. Jobs at times don't even pay as much compared to the past, and even if IT did, it isn't enough to answer to the inflation problem. Not to mention adjustments to the costs of everyday lives is pretty difficult to manage if again, the inflation problem keeps on continuing while the minimum salary wage stays the same.
The scales are tipping but only towards the prices. Jobs at times don't even pay as much compared to the past, and even if IT did, it isn't enough to answer to the inflation problem. Not to mention adjustments to the costs of everyday lives is pretty difficult to manage if again, the inflation problem keeps on continuing while the minimum salary wage stays the same.
When economy crashes down and less money in circlelation then money will have biggest value Again and assets will be cheap!!
Uhhh, you do know that when the economy crashes down, every bill would be pretty useless? But having less money in circulation is indeed the idea, but It'd then be difficult for people to manage money if the values become ranged too high. A balanced amount would be the best for me tbh. Do you feel the same?
No matter how much money you got you feel that has no value??
Really!? I think that was just over reacting. Anyway, it's your own opinion so I respect it. Well, if you can feel the inflation there in US (I presume) then what more here in my small country in the SEA No matter how much money you got you feel that has no value??
. We can also feel it. Imagin this, When I was in highschool a single egg costs P5 (Six Pesos) but right after I finished my college it now costs P8. See? Though the price hike is not that big but it was still a burden because most of my fellow counrrymen here don't improve their means of living — they got the same amount of salary over the costly goods and services 
. I guess the inflation is inevitable. So the best thing we can do I guess is to work harder and be wiser when it comes to money management 
Everybody feels the same. This is why we should plant our money to several legit investments which will grow soon and it will help us to fight the yearly inflation.
But I'm worried for those people that don't understand the concept of inflation. They don't educate themselves financially and don't even practice saving nor investing.
But I'm worried for those people that don't understand the concept of inflation. They don't educate themselves financially and don't even practice saving nor investing.
This feeling has existed since the association with gold was disengaged in 1971, "gold standard/ coverd money", but the speed of influence varies from one country to another. For example, in Venezuela, you will notice that the money is losing its value quickly against the major currencies, while this matter differs in other countries.
In short, inflation will get worse over time, but you have a lot of investment portfolios/tools that will hold their value in the face of this inflation.
In short, inflation will get worse over time, but you have a lot of investment portfolios/tools that will hold their value in the face of this inflation.
I feel everyday that my 100$ have less and less puraching power!
And high inflation is to blame here!
Do you feel the same?
No matter how much money you got you feel that has no value??
Do you feel same?
I have lived for 30 years in this world and the since I have no interest and whatsoever about the basics of economics until I came to college. I felt like my money that I was a kid to buy candies yesterday isn't the same amount of today anymore. So yeah, I felt it, my money needs to be more. to buy the same candy again. We maybe feeling this slowly but you know it's there, losing it's value even more. And high inflation is to blame here!
Do you feel the same?
No matter how much money you got you feel that has no value??
Do you feel same?
I also feel a decrease in the value of currency because inflation in my country is between 5-6% / year and the value of inflation indicates that the prices of goods are rising so make our money lose the value. We can rise our money value with investment not saving, investment in stock or crypto (but this is very high risk).
Money is not worthless but the government who is controlling it is , they are not able to crater to the needs of a growing population so they are mowing down forests , creating a havoc for the wild life , Making things more costly , decreasing the amount of jobs , taking more and more taxes from the people and at the end when they are not being able to control the inflation they try and control the market.
Do you know the government withholds a lot of things and burn them also to prevent it's price to be increased ?
Do you know the government withholds a lot of things and burn them also to prevent it's price to be increased ?
When economy crashes down and less money in circlelation then money will have biggest value Again and assets will be cheap!!
Money is not worthless but the government who is controlling it is , they are not able to crater to the needs of a growing population so they are mowing down forests , creating a havoc for the wild life , Making things more costly , decreasing the amount of jobs , taking more and more taxes from the people and at the end when they are not being able to control the inflation they try and control the market.
Do you know the government withholds a lot of things and burn them also to prevent it's price to be increased ?
Do you know the government withholds a lot of things and burn them also to prevent it's price to be increased ?
When economy crashes down and less money in circlelation then money will have biggest value Again and assets will be cheap!!
Money is not worthless but the government who is controlling it is , they are not able to crater to the needs of a growing population so they are mowing down forests , creating a havoc for the wild life , Making things more costly , decreasing the amount of jobs , taking more and more taxes from the people and at the end when they are not being able to control the inflation they try and control the market.
Do you know the government withholds a lot of things and burn them also to prevent it's price to be increased ?
Do you know the government withholds a lot of things and burn them also to prevent it's price to be increased ?
We should all be prepared for this, let me make it clear, inflation is not a thing to be feared. This is just a phenomenon where there is a lot of money that it inflates its value. Think of it as a balloon that will be pumped with more air until bursts out and deflates.
Absolutely. It's a quite smooth transition from today's purchasing power to tomorrow's weaker purchasing power, so on a daily/weekly basis it's not that big of a change.
I don't know if countries using USD or EUR feel the same, but 10 years ago here in Romania you could've filled a shopping cart with ~100-150 EUR while today you'd fill half of it with the same amount of money.
Inflation is very real and a very legit problem we're most likely all experiencing. I've always admired this following statement: "Gold does not become more expensive. It's fiat losing its purchasing power."
I don't know if countries using USD or EUR feel the same, but 10 years ago here in Romania you could've filled a shopping cart with ~100-150 EUR while today you'd fill half of it with the same amount of money.
Inflation is very real and a very legit problem we're most likely all experiencing. I've always admired this following statement: "Gold does not become more expensive. It's fiat losing its purchasing power."
I feel everyday that my 100$ have less and less puraching power!
And high inflation is to blame here!
Do you feel the same?
No matter how much money you got you feel that has no value??
Do you feel same?
And high inflation is to blame here!
Do you feel the same?
No matter how much money you got you feel that has no value??
Do you feel same?
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