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Topic: Not easy times in the world but how the goverment will improve? (Read 400 times)

legendary
Activity: 2520
Merit: 1073
The current financial system is done and no matter what the fed will do or try to rescue Market might not move anymore according to rate cuts or rate hikes neither.
They can hike rates or not some things might not functioning the way they should.
The smart money coming out of the debt based economy and moving into more assets based financial system.
Yes, it's not the FED's fault anymore but like he said, the issue is coming from the government of some countries in which they may be corrupt or they are weak in terms of running their country well but this is not what you called as done because when you say that, it sounds like there is no hope anymore to change this but actually there is and that is by electing another official.

People will only need to be more wiser this time by voting the right people, as sometimes it's also their fault because they just choose those who bribe them money even though they already know that this official won't do good once they are already sitting on their positions.
hero member
Activity: 1694
Merit: 516
What i think that there is no easy solution or just magic lazy quick solution but we all have to think how to better organize and develope our lifes so we all can make more with energy efiecnt ways.

The money printing when ever we want it made the society as whole lazy and even If they find method how they can still print easy money the society will be even more lazy and by lazy i mean lazy in their mind.
Also Im not fan of Green energy or that kind of things but i see that printing money will give a lot more easy money to society we consume more and it's not good for envoirment and nature If we just consume grazy ways again Im not the Gretha Thunberg fan...but that's all got me think about it more we all are apart of our society and what Ever happens we all have responsebility.

I am not really sure if the governments around the world really want to improve the current situations, or if they are just trying to keep pushing ahead and are fine with the current status quo? Sure, it would be nice to fix some of the big problems we have in the world, but this will likely require a lot of capital and unpopular decisions. All the politicians I met where more concerned with their personal image and their chance to get re-elected that in making the world a better place. For them it was all about avoid the tough question than giving straight answer. Which is why all the politicians talk in a similar way and seem so different from the rest of the population. In my opinion we shouldn't wait for the government to try and fix things for us, but rather work towards our own solutions. For me it's all about financial independence, if I ever can reach that than it would be so much easier to live economic friendly, save nature and only consume healthy products.
legendary
Activity: 1904
Merit: 1096
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Government plans? Definitely brewing. The health, unemployment, and debt crises are profound cuts. You think pain is normal now? Though pessimistic, it's realistic. To assume governments will jump in, capes flying, when we hit rock bottom? That's fantasy.

Printing money? A bullet wound bandage. Not sustainable. Transferring inflation to another nation? A transient remedy and unethical at worst. Printing money keeps leading us astray in a maze.

Your demand for smarter education and society efficiency? That's it. Making money work smarter, not printing more, is the goal. Efficiency, innovation, and sustainability are lifelines, not buzzwords. Governments must lead with resilience, innovation, and financial literacy programs, not just printing. As for us? We must change how we live, work, and consume. Our consumption patterns need a reality check, regardless of green energy skepticism. For our own survival, not Thunberg's.
member
Activity: 392
Merit: 12
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The simple way the economy would be better for the comfort of its citizens is a good governance that eliminates political corruptions. Most of these countries that experiences hardship and inflations are capable countries that generates more valuable revenues that the more developed countries in the world today. Bad leadership is the problem and the solution is to invoke active and uncompromisable commission that would either be a centralized or decentralized bodies but wouldn't be answerable to the leaders but a commission of its own that stands to be anti corruptible leadership.
By so doing, all the leaders would be adjusted and come up with promising infrastructures that would enhance the growth of the economy.
Yeah clean governance is needed to ensure sustainable economy and inclusive development these are being undermined by the corruption of political leaders. And all the opportunities and possibilities for the livelihood and prosperity of the common man will be opened only when the accountable government runs the state. The anti-corruption commission should increase its effectiveness by increasing its capacity and efficiency.
member
Activity: 154
Merit: 33
Eloncoin.org - Mars, here we come!
The simple way the economy would be better for the comfort of its citizens is a good governance that eliminates political corruptions. Most of these countries that experiences hardship and inflations are capable countries that generates more valuable revenues that the more developed countries in the world today. Bad leadership is the problem and the solution is to invoke active and uncompromisable commission that would either be a centralized or decentralized bodies but wouldn't be answerable to the leaders but a commission of its own that stands to be anti corruptible leadership.
By so doing, all the leaders would be adjusted and come up with promising infrastructures that would enhance the growth of the economy.
full member
Activity: 2478
Merit: 210
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The idea that it is up to the government alone to fix everything in the country is wrong. Think about it like this: the government basically lays out the ground rules and it is up to the citizens to play accordingly. Of course the government has the task of making it easier for their people so that they can win the game of life easily thus improving their way of life and along with it the economy of the country.

The improvement of a country is something that is done by both the government and its citizens. The government can only do temporary fixes. What about those countries that are way in too deep to be fixed? Debt.

These governments can ask for money and in this money they should decide where to best spend it that will generate the most profit.
full member
Activity: 406
Merit: 109
Even the solution you gave doesn't seem right to me in solving an economy's problem. First of all, it's a large country which means they are powerful and has a lot of influence. So if their economy went down because of printing too much money, it will affect other countries as well like their allies and the developing countries who rely with its influence. Once that country experience great inflation, it could result to the thing you mentioned which is devaluing their currency. But it will definitely impact your economy as well and the others. Instead of giving a solution, it'll being more problem. Let's take an example, if that country have inflation, the prices will increase so if they are a heavy exporter country, those country who imports their products will also be affected due to the increase of the price.

Economic problem has been an ongoing issue of a lot of countries. It's hard to find a perfect solution to this. For me, in order for the economy to strive, the government should focus on developing or improving in something that their country can offer. For example, if your country has an abundance of agricultural lands, they can take advantage of it by producing crops that they can supply to people and other country.
sr. member
Activity: 1302
Merit: 324
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I hoped you would write more on why you’re not a fan of green renewable energy and how exactly it relates to governments printing more money into the economy or fighting Inflation.
You noted yourself that we’ve got to solve problems with new (and better) methods. Be more energy efficient, hence the renewable energy sources being touted all over today. 
Change is difficult to accept hence the slow adaptation of these renewable energy sources.

I have a conspiracy theory that says that one of the reasons why renewable energy is difficult to accept and develops so slowly, is because if renewable energy were widely adopted it would be very detrimental to oil refineries and oil companies in the world. All oil owners in the world do not want renewable energy to replace oil.

Well, it's just a conspiracy theory but I find it very interesting and more plausible than the conspiracy theory about area 51. Grin

But about the Government printing money to solve problems I think that is very bad and I see that it is not a solution but just a way for the government so that they can continue to be in power. Printing a lot of money will have an inflationary impact. People will complain about rising prices of goods but government employees can easily increase their salaries with tax money.
sr. member
Activity: 672
Merit: 251
Chainjoes.com
Will the goverment have plans to improve?
I mean it will be bad for health the suffering and unemployement and problems with debt.
Or you think it is now new normal ? Or the goverment will rescue the world when things will go too bad.
But If they rescue they can't print much money again the inflation problem.
The only solution i see If they take some large country and they will try to do some money printing and then directing the inflation into that country to devalue that country currency so that's the only possible way.- but that could be only temporary method.
Otherwise the goverment can't do much about it only way If they try make new ways to educate people with new smarter ways so instead of turning on money printer they will try to solve problems with new methods how to do things cheaper and how to organize our world and society smart and more energy effient ways because the world can't go on the way like it use to be when ever we have problem...we just print more money - but now i guess that's not an option because of inflation.

What i think that there is no easy solution or just magic lazy quick solution but we all have to think how to better organize and develope our lifes so we all can make more with energy efiecnt ways.

The money printing when ever we want it made the society as whole lazy and even If they find method how they can still print easy money the society will be even more lazy and by lazy i mean lazy in their mind.
Also Im not fan of Green energy or that kind of things but i see that printing money will give a lot more easy money to society we consume more and it's not good for envoirment and nature If we just consume grazy ways again Im not the Gretha Thunberg fan...but that's all got me think about it more we all are apart of our society and what Ever happens we all have responsebility.

Governments typically strive to improve citizens' lives, as social unrest can arise when they fail to do so. While printing money may seem like a quick fix, it often leads to detrimental effects like inflation, devaluation, and loss of confidence in the currency. As responsible citizens, we can contribute positively by upskilling ourselves, increasing our value in the job market, and even exploring entrepreneurship to create employment opportunities for others.

hero member
Activity: 784
Merit: 732
If there were not so many wars at this time, perhaps the world economy would be able to recover more quickly. But the current heated political conditions in the world or country are the thing that has the most impact. Some countries have even cut off economic ties or stopped importing and exporting. And clearly this also has quite a broad impact on a commodity which can trigger an increase in prices in a country. And of course every government in a country is currently looking for ways to get out of the problems currently being faced. But every country has different solutions. So the results are different. in my country maybe inflation is starting to slow down. But the price of one of the staple foods is still experiencing large and uncontrolled increases. It's just that the majority of prices are still remaining at last year's prices, which indicates that inflation is also starting to be controlled here. But unfortunately, while inflation is starting to come under control, people's purchasing power has decreased. And yes, regarding the number of job opportunities and the number of job applicants, there is still quite a big gap. And this is not good news. because this triggers the unemployment rate to increase quite rapidly. We can only survive for now and keep trying the best for ourselves and our own families for now.
hero member
Activity: 952
Merit: 541
Solving problems in a country is not as easy as saying nice words when running for president or head of state. It takes time, energy and thought to solve problem after problem which is still hampering people's lives. Economic problems are at the heart of all the problems that occur, the government must intervene by positioning itself as a parent for the entire community whose level of life is still lacking in economic terms.

The government must create conditions for solving problems without increasing problems. The impact of printing money in excess of market needs can cause very high inflation. Preventing the level of poverty and economic difficulties experienced by the wider community must be done by opening up large employment opportunities and utilizing all land to produce food to help improve the farmer's economy.
legendary
Activity: 2716
Merit: 1102
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In my opinion, it just looks like a good solution, but the truth is, it is not. Because it can produce a negative result in the end when printing a lot of money. What will even happen there? The value of a country's currency itself can fall even more.
Printing too much money in a country can indeed cause other things in society, especially in the economic environment. Because this can clearly affect the value of the currency itself when there is too much money circulating in society so that the government itself will find it difficult to control this. Money printing must always be controlled by the government in order to create a stable economy in its own country in addition to being able to maintain the value of the currency to remain stable at the rate it should be.

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In addition, inflation is a problem for all countries around the world, and all countries are working on ways to somehow solve this inflation rate problem. Maybe the only thing that the government of a country can do is create a program in which they promote entrepreneurship training in their jurisdiction, which can provide employment to the majority in the end.
Inflation makes it difficult for all countries, but that doesn't mean it can't be handled by the government because the government in every country always holds important events to support a good economy, such as entrepreneurship training and also using the state budget for other things. other things, such as building infrastructure which is really needed by the community and trying to create new jobs that can be used by the community to increase their income so that they don't have too much difficulty in inflationary conditions.
full member
Activity: 770
Merit: 106
Quote
The only solution i see If they take some large country and they will try to do some money printing and then directing the inflation into that country to devalue that country currency so that's the only possible way.- but that could be only temporary method.

In my opinion, it just looks like a good solution, but the truth is, it is not. Because it can produce a negative result in the end when printing a lot of money. What will even happen there? The value of a country's currency itself can fall even more.

In addition, inflation is a problem for all countries around the world, and all countries are working on ways to somehow solve this inflation rate problem. Maybe the only thing that the government of a country can do is create a program in which they promote entrepreneurship training in their jurisdiction, which can provide employment to the majority in the end.
hero member
Activity: 2534
Merit: 585
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Every country have their own problems, and some are improving over time while many are still suffering.
There will be no perfect government honestly, and every country have to be more prepared on how to handle this to avoid further economic losses. What we can do as an individual is to make sure that we are always liquid and make sure that have various sources of income to support our needs, we have to work for our own benefit and the benefits of our family, the government will always be there no matter what the economic situation is, its just that the ordinary people will suffer a lot.
Those who are improving can still experience a problem sometimes but it may not be enough anymore to pull them down again on their previous state. There are no perfect in this world, even god the creator too because he is said to be a sinner, so as the governments that we know but they are like a second god too because they may have more knowledge, power, etc... and this is why they are on this position to lead a country and its people.

All countries must have their own preparations but it's just that it may not be enough sometimes but what important is that they try their best and this makes their people proud of them, while I know there are still who are ungrateful. They s*ck.
sr. member
Activity: 1442
Merit: 390
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You want to know how to improve the government? That's easy, it's much easier than most people think but the problem is that we all have to settle our differences and make sure that we're not prejudiced, voting for the right people that deserve to be in their position is the only right thing to do, someone that's not scared to go against the interest of companies that are secretly running the country through lobbying is probably the best kind of leader that we can all get.
hero member
Activity: 2702
Merit: 517
In my country the government and its officials are busy looting public fund without remorse, since no one is to monitor them, there yes and no stands without challenge from any angle, my country's president before he assumed office once said during one of his campaigns that it is his turn to rule, I want to ask what do we expect from a president whose manifesto is mockery in the sight of the citizens, a country that's is blessed with everything is now suffering from hunger, inflation is hitting us hard and the government is not doing anything about it, no economic step taken so far, with the mineral resources we have in my country more especially the state where I come from is not suppose to be lacking employment and basic amenities but embezzlement of public funds and abandoning the citizen to lavish in poverty has become a normal thing in my country, at this point is only God that can come to our rescue.
Government projects and funds are audited for sure and many corrupt officials get caught for not using it properly and overpriced projects but sadly, only a few got punished by the law, and they are still free and continue doing their illegal use of funds. Honestly, most of these government leaders don't care about the poverty situation of the people but just their personal interests. This is why we don't have to expect and wait for any help from them as they might give us some food donations that only last for a few days. The government never finds a long-term solution, if we never work hard, we never survive.
full member
Activity: 1554
Merit: 101
There's not a one-solution-fix-all the governments are hiding from their citizens. If it is the case then we'll have no problems when it comes to inflation and unemployment. The best thing governments can do is to try to lessen the negative effects but not to eradicate it as that would be impossible. There are different ways to achieve this, such as QE and other such financial techniques, but most of them are inefficient but somewhat 'useful' to an extent.

and also the greed of the government, do you really think all governments in the world are good?
I'm sure not, sometimes they use their power to make money that's why there are poor developed and developing countries, apart from looking at the development of a country we have to look at its government system too.
full member
Activity: 392
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In my country the government and its officials are busy looting public fund without remorse, since no one is to monitor them, there yes and no stands without challenge from any angle, my country's president before he assumed office once said during one of his campaigns that it is his turn to rule, I want to ask what do we expect from a president whose manifesto is mockery in the sight of the citizens, a country that's is blessed with everything is now suffering from hunger, inflation is hitting us hard and the government is not doing anything about it, no economic step taken so far, with the mineral resources we have in my country more especially the state where I come from is not suppose to be lacking employment and basic amenities but embezzlement of public funds and abandoning the citizen to lavish in poverty has become a normal thing in my country, at this point is only God that can come to our rescue.
loudmouth
Activity: 1098
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A country that has a working system and officials that truly put the needs of the country before their own will succeed. Such a country may indeed go through so challenging times, but they'll always come out better in the end.

Economies that are at the verge of collapse or collapsed have few common problems aka they take too much loans and are heavily dependent on foreign products. If a country is surplus in making essential products then it wont be affected because of current hard time. Take example of Iran, it has sanctions but they still dong good because they are self sufficient in making essential items while gulf countries who have oil with no sanctions are finding current time hard because they are heavily dependent on foreign products. 
Indeed, countries that are self-sufficient in producing essential goods are better positioned to weather economic challenges, including sanctions or global disruptions in trade. Iran serves as a notable example of a country that has managed to maintain stability despite facing sanctions due to its self-sufficiency in producing essential items. By reducing reliance on imports and focusing on domestic production, Iran has been able to mitigate the impact of international sanctions on its economy to some extent.

The current challenges faced by gulf countries underscore the importance of diversifying their economies and reducing reliance on foreign products to enhance resilience and sustainability. Promoting self-sufficiency in essential goods production can indeed bolster economic resilience and mitigate the impact of external shocks on a country's economy. By prioritizing domestic production and reducing dependency on imports, countries can better navigate challenging economic conditions and ensure stability and prosperity for their citizens.
member
Activity: 392
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Every country's governance system is very difficult so even if try to print money it is not easy to solve the situation quickly. In order to run the country the government has to consider many things. If there is no proper intelligence the government will never be able to improve the economy. If more money is printed corruption will increase with inflation the government will have to run everything in a smart way.
full member
Activity: 1064
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Printing loads of money might seem like a quick fix but it often causes new problems like inflation. Maybe they should focus on smarter ways of doing things through better education and sustainable practices. It's not just about going green but finding a balance between making money and taking care of our planet. We all need to rethink how we live, use resources and come up with clever solutions for a better, more sustainable future
legendary
Activity: 2646
Merit: 1176
Will the goverment have plans to improve?
I mean it will be bad for health the suffering and unemployement and problems with debt.
Or you think it is now new normal ? Or the goverment will rescue the world when things will go too bad.
But If they rescue they can't print much money again the inflation problem.
The only solution i see If they take some large country and they will try to do some money printing and then directing the inflation into that country to devalue that country currency so that's the only possible way.- but that could be only temporary method.
Otherwise the goverment can't do much about it only way If they try make new ways to educate people with new smarter ways so instead of turning on money printer they will try to solve problems with new methods how to do things cheaper and how to organize our world and society smart and more energy effient ways because the world can't go on the way like it use to be when ever we have problem...we just print more money - but now i guess that's not an option because of inflation.

What i think that there is no easy solution or just magic lazy quick solution but we all have to think how to better organize and develope our lifes so we all can make more with energy efiecnt ways.

The money printing when ever we want it made the society as whole lazy and even If they find method how they can still print easy money the society will be even more lazy and by lazy i mean lazy in their mind.
Also Im not fan of Green energy or that kind of things but i see that printing money will give a lot more easy money to society we consume more and it's not good for envoirment and nature If we just consume grazy ways again Im not the Gretha Thunberg fan...but that's all got me think about it more we all are apart of our society and what Ever happens we all have responsebility.

Wow your trail of thought is all over the place and barely comprehensible. What is "the government"? What government are you referring to, as there are around 200 different countries in the world with different governments, all with different agendas and trying different strategies in all areas of life, there is no single entity. Yes, it is the objective of most governments to improve the lives of their citizens, but there is also the reality that in some countries corruption is more liable to seep into the equation and politicians may simply seek to enrich their own lives without substantially improving the lives of the people they oversee. Money printing is simply one tool among many that, if you live in a rich country, can actually benefit you because it makes your overseas debts worth less.
sr. member
Activity: 1652
Merit: 298
There's no way I can defend the government or even speak in thier Favour.I obviously do not know where all these economical threats seem to be coming from but whatever it is,I just hope light will definitely come.
 There's never anytime when we'll hear or see something positive and impressive about the economic system,its always bad to bad and bad again.
 We don't have a perfect government and the government has no capability to make us happy.They only ensure that they  work to protect their citizens from harm by enacting and enforcing laws that promote safety and security, and by providing emergency services like healthcare services,supporting the educational system and also grant access to social and basic amenities.
  Every country is facing several challenge and their dealing with it in a way that is acceptable and easy so that they can promote the living condition of the citizens.like presently,so many countries are on the verge of economical crisis that we formly know as "Recession."
And it's undoubtedly a traumatizing situation for the leaders of every country and we all know what that means.Even so,government has no business in telling citizens how to live any aspects of their lives. Perhaps,we should not Also blame the government for our predicament.
hero member
Activity: 882
Merit: 540
A country with a surplus of essential products will have enough to sell to other countries who are in need of these essential item. Because of the important essential products that they produce they can never face too much problems because their items are in demand.

Painfully I think that not all governments are focused on facing and fixing the problems that they have in their country, Poverty has been weaponized in some places and used as a tool to keep the citizens under bondage. It is not a magic wand but a few better economic policies from the goverment can improve the standard of living for citizens living in the country.

There is no doubt that certain governments want there population to live under poverty line so they can be suppressed. I am witness of this in my country (Pakistan), there are political parties who deprive people of basic necessaries like education, clean water, employment opportunities and more . The idea is to keep people struggling for there basic necessaries so they never question government about the bigger picture of the economy and about there corruption. It's painful to see families of politicians living luxury life in developed countries while local people struggle for clean water.   
full member
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Will the goverment have plans to improve?
I mean it will be bad for health the suffering and unemployement and problems with debt.
Or you think it is now new normal ? Or the goverment will rescue the world when things will go too bad.
But If they rescue they can't print much money again the inflation problem.
The only solution i see If they take some large country and they will try to do some money printing and then directing the inflation into that country to devalue that country currency so that's the only possible way.- but that could be only temporary method.
Otherwise the goverment can't do much about it only way If they try make new ways to educate people with new smarter ways so instead of turning on money printer they will try to solve problems with new methods how to do things cheaper and how to organize our world and society smart and more energy effient ways because the world can't go on the way like it use to be when ever we have problem...we just print more money - but now i guess that's not an option because of inflation.

What i think that there is no easy solution or just magic lazy quick solution but we all have to think how to better organize and develope our lifes so we all can make more with energy efiecnt ways.

The money printing when ever we want it made the society as whole lazy and even If they find method how they can still print easy money the society will be even more lazy and by lazy i mean lazy in their mind.
Also Im not fan of Green energy or that kind of things but i see that printing money will give a lot more easy money to society we consume more and it's not good for envoirment and nature If we just consume grazy ways again Im not the Gretha Thunberg fan...but that's all got me think about it more we all are apart of our society and what Ever happens we all have responsebility.
Your thought process is quite unconventional. Considering a scenario where one thinks of importing inflation from one country to another just to save their own, this is both inhumane and not a viable solution. Additionally, printing more money can lead to the devaluation of other countries' currencies, causing their people to suffer. Instead, governments should face their own problems and work towards resolving them internally.
legendary
Activity: 1246
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Economies that are at the verge of collapse or collapsed have few common problems aka they take too much loans and are heavily dependent on foreign products. If a country is surplus in making essential products then it wont be affected because of current hard time. Take example of Iran, it has sanctions but they still dong good because they are self sufficient in making essential items while gulf countries who have oil with no sanctions are finding current time hard because they are heavily dependent on foreign products. 
A country with a surplus of essential products will have enough to sell to other countries who are in need of these essential item. Because of the important essential products that they produce they can never face too much problems because their items are in demand.

Painfully I think that not all governments are focused on facing and fixing the problems that they have in their country, Poverty has been weaponized in some places and used as a tool to keep the citizens under bondage. It is not a magic wand but a few better economic policies from the goverment can improve the standard of living for citizens living in the country.

hero member
Activity: 1400
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Do you think is that easily for any country to print money so quickly without looking at the demand and supply curve?
Like our country with the rate of hardship our government could have printed more money but instead they aren't doing this rather would go borrow from other nation, if they could go borrow money this shows that they don't wanna print excessive to avoid much circulation of paper money. in other hands they wouldn't want their currency to keep devaluing whereby the top currency will start declining. For a country to maintain and remain in their economic position (power) they have to be more productive to export more of their products whereby their currency would have more value since the rate at which the buying pressure will increase over the opposite currency.
hero member
Activity: 882
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A country that has a working system and officials that truly put the needs of the country before their own will succeed. Such a country may indeed go through so challenging times, but they'll always come out better in the end.

Economies that are at the verge of collapse or collapsed have few common problems aka they take too much loans and are heavily dependent on foreign products. If a country is surplus in making essential products then it wont be affected because of current hard time. Take example of Iran, it has sanctions but they still dong good because they are self sufficient in making essential items while gulf countries who have oil with no sanctions are finding current time hard because they are heavily dependent on foreign products. 
sr. member
Activity: 476
Merit: 283
The officials are also looking after themselves. They are busy making wealth while they are still in office. Their power is temporary, after all.

This right here is part of the major problems. Officials just go for office to acquire wealth for themselves. They're not really there to improve the country and that's why things keep getting worse.
In my country, the government has been complaining about how they can't keep paying for specific things, how they can't keep subsidizing some things because there is no money, but they keep increasing the salaries of politicians and buying the most expensive secured vehicles for them with public funds. They just do not care.

A country that has a working system and officials that truly put the needs of the country before their own will succeed. Such a country may indeed go through so challenging times, but they'll always come out better in the end.
legendary
Activity: 2828
Merit: 6108
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Will the goverment have plans to improve?
I mean it will be bad for health the suffering and unemployement and problems with debt.

And what government might that one be?

You do realize there are countries with little unemployment, bets healthcare in the world and manageable debt!
So, are we going to talk about the Govemermnt of Finland or the government of Nigeria?! Cause it's one problem to complain about animal welfare and animal rights and a total different about people being forced to buy rejected rice meant for farm consuming because they can't even afford that!

I really doubt you can "fix' Singapore the same way you would fix Venezuela!
legendary
Activity: 1680
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The smart money coming out of the debt based economy and moving into more assets based financial system.
This is true, but it will not succeed easily. Old governments ruled by corrupt officials love the old debt-based economic system because it allows them to control and steal people’s money with ease.

We are now living in a transitional period, that is, a transition from an old corrupt system to a new economic system, and this requires a lot of work and time. The new economic system will not succeed in replacing the old system easily because it is strongly permeated and requires a long time to replace it.

Bitcoin was the starting point for this transition, but it needs a lot of time and patience to be able to complete what it started.
legendary
Activity: 3752
Merit: 1864
Please don't take offense to my response, but it's true..... It may not be a pleasant truth, but only by really assessing the essence of the problem can we find a solution.
Please tell me - if the government, which was elected by us, makes wrong steps, promotes corruption and other lawlessness - maybe it should be replaced! And not wait and hope that one day this government will suddenly come to its senses and start thinking about you ! No, they will not think about you ! These people have their own business, and they do not care about the people. Because they are sure that the people will obediently continue to work, and in the evenings dream about how "the government will do something good for us". We choose and support the power, and we have only ourselves to blame for inadequate power. And, accordingly, deprive them of your trust and, as a consequence, of power. Power is not a gift from God, it is the trust of people who are the only legitimate sweetness in their country.
legendary
Activity: 1638
Merit: 1156
Make sure if the government is completely clean, if it's full of corruption and nepotism, any plan, strategy or proposal won't give any improvement. Is there any country has a clean government? I doubt it.

What the government can do is increase the tax rate for rich people, this will make them to give the country a lot money and it will be used to give subsidy to the poor. As simple as that, but it's not 100% achieved due to corruption.
hero member
Activity: 2702
Merit: 517
The government takes actions very slowly, that is what we experience in our country, and maybe in other countries are opposite as I presume. In this case, I hate to say this but we can't rely on them to give us a better solution to our economy. They are just good at speeches, they promise something good in the people but their actions are missing.

We better carry our own and discover opportunities that help us improve rather than wait for the government to work. Otherwise, we get hungry and die from their hopeless promises.
jr. member
Activity: 126
Merit: 1
In my country, to each his own. You are to look after yourself because no one else does. I'm speaking in general terms. You can't rely on the government. The officials are also looking after themselves. They are busy making wealth while they are still in office. Their power is temporary, after all.
Their appearances are ridiculous when they appear on television to lecture about plans and magical solutions to get out of the economic crisis and improve people’s lives, and they tell them that they must be patient and give them some advice about austerity and reducing expenses due to lack of resources, while in reality they are riding luxury cars and hoarding the money they stole in banks. .

Here in my country, the politicians are often talking about grand visions and slogans. But visions and slogans are pointless if there are no actual steps done on the ground. They envision of a new country, for example. Such generics don't say much and it won't take us anywhere. They're acting as if everyday is a campaign day. Their mouths are still spewing out promises even long after elections.

So, while times are hard these days, you cannot rely on the government that it will make it easier for you. People have to add jobs, add more side hustles, extend work hours, and so on to meet basic needs.


The current financial system is done and no matter what the fed will do or try to rescue Market might not move anymore according to rate cuts or rate hikes neither.
They can hike rates or not some things might not functioning the way they should.
The smart money coming out of the debt based economy and moving into more assets based financial system.
legendary
Activity: 2562
Merit: 1854
🙏🏼Padayon...🙏
In my country, to each his own. You are to look after yourself because no one else does. I'm speaking in general terms. You can't rely on the government. The officials are also looking after themselves. They are busy making wealth while they are still in office. Their power is temporary, after all.
Their appearances are ridiculous when they appear on television to lecture about plans and magical solutions to get out of the economic crisis and improve people’s lives, and they tell them that they must be patient and give them some advice about austerity and reducing expenses due to lack of resources, while in reality they are riding luxury cars and hoarding the money they stole in banks. .

Here in my country, the politicians are often talking about grand visions and slogans. But visions and slogans are pointless if there are no actual steps done on the ground. They envision of a new country, for example. Such generics don't say much and it won't take us anywhere. They're acting as if everyday is a campaign day. Their mouths are still spewing out promises even long after elections.

So, while times are hard these days, you cannot rely on the government that it will make it easier for you. People have to add jobs, add more side hustles, extend work hours, and so on to meet basic needs.
Ucy
sr. member
Activity: 2576
Merit: 401
Laziness tends to increase inflation because many aren't productive or contributing enough for the needs of others but are consuming the little that is left, and that naturally creates more demand and price increase as other consumers are willing to pay more for the little that's left. If money stops flowing easily, consumption will decrease and price will stabilize. If you start giving out easy money again to consumers, price will increase. The sensible thing to do in time of scarcity or inflation is to reduce consumption and increase productivity. The economy naturally fix inflation with price increase which tends to reduce consumption, unfortunately, easy money keeps going to people who aren't producing enough and they continue to create the inflation.
To produce enough is to sufficiently use your GOD-given abilities to solve problems in your specific area of strength, for your country, community etc. Everyone needs to do this otherwise there will be lack or inflation in abandoned areas of strength, or areas not sufficiently done by certain talents, and that could affect the whole society due to people not producing enough/atall. Others try to solve the inflation issue with robots/machines or by increasing production of the scarce products but in low quality, at the detriment of creativity and people's health/safety.

Another important thing to do when low productivity and too much consumption is creating inflation is to focus on good quality local alternative that are abundant in supply, which are typically less attractive. That should lessen the demands on the scarce attractive ones especially the imported. Unfortunately, most people are too dumb and prideful to use things that are too common and less attractive, so the inflation continues.
sr. member
Activity: 2310
Merit: 355
Every country have their own problems, and some are improving over time while many are still suffering.
There will be no perfect government honestly, and every country have to be more prepared on how to handle this to avoid further economic losses. What we can do as an individual is to make sure that we are always liquid and make sure that have various sources of income to support our needs, we have to work for our own benefit and the benefits of our family, the government will always be there no matter what the economic situation is, its just that the ordinary people will suffer a lot.
sr. member
Activity: 714
Merit: 358
Underestimate- nothing
I don't think that the government has any plan to improve because now instead of the situation improving it is getting worse. For some countries, it is even better compared to African countries that have sold themselves to corruption and have stolen money that is meant for development. the centers are bad and the country is in serious depth and they keep borrowing money till now I am still thinking of what the government is still doing when borrowing such large amounts of money and even with all the borrowing the country is not getting better, printing money can make it lose its value as a currency, the issue of inflation is now turning into something that looks like it does not have solution again we all just have to mitigate and even the mitigation has to be that we the citizen have to help our self.  and the annoying thing is not as if the government does not know the solution but they deliberately do not want to render any solution to the problem they have created.
sr. member
Activity: 2044
Merit: 329
★Bitvest.io★ Play Plinko or Invest!
...

The money printing when ever we want it made the society as whole lazy and even If they find method how they can still print easy money the society will be even more lazy and by lazy i mean lazy in their mind.
Also Im not fan of Green energy or that kind of things but i see that printing money will give a lot more easy money to society we consume more and it's not good for envoirment and nature If we just consume grazy ways again Im not the Gretha Thunberg fan...but that's all got me think about it more we all are apart of our society and what Ever happens we all have responsebility.

printing a lot of money will never be the best solution to free a country from financial problems, it will only make the value of that country's currency weaken.
the best way that the government can do to increase the economic strength of their country is by investing abroad, purchasing products sold domestically and also providing monthly cash assistance to citizens of countries with low economic conditions.
developed countries that have strong economies have implemented the 3 above, so that they are able to keep their countries' economies good and citizens living prosperously without having to worry.
sr. member
Activity: 1512
Merit: 351
Will the goverment have plans to improve?
Or you think it is now new normal ?
If the governments really has the plan to improve, first they had to eradicate corruption happening in every part of the government. It starts within them because there is already an existing rules and regulation to follow the only problem is these bastards.

New normal? Unfortunately yes! No improvement because of unfair treatment in the society justice system works only for the rich people. Total reform is needed in a government full of anomaly to achieve improvement and success in a country's economic growth.
hero member
Activity: 868
Merit: 501
Chainjoes.com
each country has its own government and will make policies for the welfare and prosperity of the people. so a government will improve a more prosperous life in its own country. not for the welfare of the world. because each country has a limited budget so of course its policies are for its own country not for other countries let alone the whole world.
legendary
Activity: 1680
Merit: 1853
#SWGT CERTIK Audited
In my country, to each his own. You are to look after yourself because no one else does. I'm speaking in general terms. You can't rely on the government. The officials are also looking after themselves. They are busy making wealth while they are still in office. Their power is temporary, after all.
I believe that this is the case with governments in most countries of the world, whether rich or poor. Here in my country it is the same. Government officials are busy amassing wealth and robbing the people as quickly as possible because they know that these positions are temporary.

Their appearances are ridiculous when they appear on television to lecture about plans and magical solutions to get out of the economic crisis and improve people’s lives, and they tell them that they must be patient and give them some advice about austerity and reducing expenses due to lack of resources, while in reality they are riding luxury cars and hoarding the money they stole in banks. .
legendary
Activity: 2562
Merit: 1854
🙏🏼Padayon...🙏
I can only speak of the government I've been sufficiently exposed to. It seems it is not improving at all. If it is in certain aspects, it is moving in the opposite direction in most. Improvements are snail-paced it simply couldn't match the rate of decadence.

In my country, to each his own. You are to look after yourself because no one else does. I'm speaking in general terms. You can't rely on the government. The officials are also looking after themselves. They are busy making wealth while they are still in office. Their power is temporary, after all.
sr. member
Activity: 504
Merit: 283
The solution to the problem of a country doesn't lie in one or two solutions. It is not as easy as writing them down on a sheet of paper. Because in reality, governance is hard, fixing a country takes a long time and it is not a one time thing but an everyday thing. It requires a synergy between all the arms of the government and is far beyond green energy or printing money or even adopting bitcoin. It entails a socio-politico, and psycho-cultural approaches to ensure that every part of governance is doing her pert to make improvement to the economy of a nation.
sr. member
Activity: 616
Merit: 274
I hoped you would write more on why you’re not a fan of green renewable energy and how exactly it relates to governments printing more money into the economy or fighting Inflation.
You noted yourself that we’ve got to solve problems with new (and better) methods. Be more energy efficient, hence the renewable energy sources being touted all over today. 
Change is difficult to accept hence the slow adaptation of these renewable energy sources.

As for fighting inflation, governments do know how to do one thing well. And that’s obviously to print even more money.
legendary
Activity: 3542
Merit: 1352
Excel is fun
There's not a one-solution-fix-all the governments are hiding from their citizens. If it is the case then we'll have no problems when it comes to inflation and unemployment. The best thing governments can do is to try to lessen the negative effects but not to eradicate it as that would be impossible. There are different ways to achieve this, such as QE and other such financial techniques, but most of them are inefficient but somewhat 'useful' to an extent.
jr. member
Activity: 126
Merit: 1
Will the goverment have plans to improve?
I mean it will be bad for health the suffering and unemployement and problems with debt.
Or you think it is now new normal ? Or the goverment will rescue the world when things will go too bad.
But If they rescue they can't print much money again the inflation problem.
The only solution i see If they take some large country and they will try to do some money printing and then directing the inflation into that country to devalue that country currency so that's the only possible way.- but that could be only temporary method.
Otherwise the goverment can't do much about it only way If they try make new ways to educate people with new smarter ways so instead of turning on money printer they will try to solve problems with new methods how to do things cheaper and how to organize our world and society smart and more energy effient ways because the world can't go on the way like it use to be when ever we have problem...we just print more money - but now i guess that's not an option because of inflation.

What i think that there is no easy solution or just magic lazy quick solution but we all have to think how to better organize and develope our lifes so we all can make more with energy efiecnt ways.

The money printing when ever we want it made the society as whole lazy and even If they find method how they can still print easy money the society will be even more lazy and by lazy i mean lazy in their mind.
Also Im not fan of Green energy or that kind of things but i see that printing money will give a lot more easy money to society we consume more and it's not good for envoirment and nature If we just consume grazy ways again Im not the Gretha Thunberg fan...but that's all got me think about it more we all are apart of our society and what Ever happens we all have responsebility.
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