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Topic: Price of goods goes up, salary never goes up!!! - page 6. (Read 1444 times)

member
Activity: 504
Merit: 10
This is the saddening reality in every economy. The prices of commodities overtake the worker's compensation, rendering the worker always in negative position or deficit. This is maybe because wage hike are often irreversible.For instance, when prices go up during inflation, it goes down also during deflation, but this is not the case with salary. They cannot revert it whenever deflation, that's why companies are a bit cautios regarding this decision. Reason why it's better to have a small business than a job where your success, time and salary is bound to the company's decision.
sr. member
Activity: 994
Merit: 252
How it will goes up if we are keep printing the money again and again?

We just in the same level for year,only money has been printed more so it causes inflation so it makes the price of everything goes up.
 I know money will be print if government will work on it and allow the people to live good life because in such expensive era with single source of earning it is not possible for poor people to live good life, I think all of us should have this opportunity to make money with crypto currency we can use it as an additional source of earning so it will help us fight this expensive era.
legendary
Activity: 2520
Merit: 1113

Over the past 30 years, salary never goes up, I know because I saw the salary today is same as my first salary 30 years ago, I’m not disclosing my age, so don’t be too paranoia, but the price of everything goes up thru the roof, the only person who salary goes up are (ikr, salary must kept secret because it is case sensitive, don’t tell anyone else!), ok, enough rant! Try to tell your kids to work for a salary in the future, I think they could barely afford a piece of beard!!

End of story! Ciao!

That is the problem with this economy especially in third world countries, there is no balance. It takes a long process for the government to pass an increase on the minimum wage. The minimum salary should change depending on the cost of living. Or if the government don't want to increase the wages, then they must subsidize the goods or provide more subsidies to lower the price of goods. Another thing about the government is instead of helping the working economy, they increase the taxes more while not increasing the wage. They are slowly killing their people.

Spot on! even though the government have passed the bill to increase minimum wage some company takes months to apply those changes
which put the workers in a tight spot.
full member
Activity: 686
Merit: 107

Over the past 30 years, salary never goes up, I know because I saw the salary today is same as my first salary 30 years ago, I’m not disclosing my age, so don’t be too paranoia, but the price of everything goes up thru the roof, the only person who salary goes up are (ikr, salary must kept secret because it is case sensitive, don’t tell anyone else!), ok, enough rant! Try to tell your kids to work for a salary in the future, I think they could barely afford a piece of beard!!

End of story! Ciao!

That is the problem with this economy especially in third world countries, there is no balance. It takes a long process for the government to pass an increase on the minimum wage. The minimum salary should change depending on the cost of living. Or if the government don't want to increase the wages, then they must subsidize the goods or provide more subsidies to lower the price of goods. Another thing about the government is instead of helping the working economy, they increase the taxes more while not increasing the wage. They are slowly killing their people.
legendary
Activity: 2912
Merit: 1068
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Don't forget your fiat salary always decrease because of inflation but at least you have some different financial economy. You can use money management for investing.
[1] Your main salary/income can be used for financial used ( like eat, bills, etc).
[2] Your other money can be used for investing/trading.

I would say that depends from country to country. In developed countries with healthy economy  salaries follow the expenses and enable people decent living and they could still save from that money.
But like it's already said Bitcoin can help to improve your personal financial situation. Trading is one way if you can invest at least some part of your salary but that also brings the risk of losing so you might get in even worse situation. That is why it's better to earn Bitcoin, find some possibilities for that.
member
Activity: 994
Merit: 11
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It means we need to work harder and invest more to sustain our needs. You are right,even here in our country price of goods keep on increasing while the salary is still not enough for our needs specially if you are just a regular employee with a minimum rate of salary. But sadly,sometimes we are over worked but still nothing had changed,still.lack of financial. If one day cryptocurrency will rise ,it will be tge one that can help us overcome financial difficulties. So,if you have even an small amount of money why not try to invest it in crypto currency. It could be another way to support our needs financially.
legendary
Activity: 2660
Merit: 1261
Don't forget your fiat salary always decrease because of inflation but at least you have some different financial economy. You can use money management for investing.
[1] Your main salary/income can be used for financial used ( like eat, bills, etc).
[2] Your other money can be used for investing/trading.
sr. member
Activity: 910
Merit: 257
Unfortunately, that is how inflation works. The price of goods, products, and services will inevitably increase/decrease depending on the economy of the country but salary must follow to the change in order to cope for it. Applying cryptocurrencies, these can be either short/long-term investment depending on your goal. If you want your kids to benefit from this change, better save-up some bitcoins!



Not just inflation mate, there are sevral other factors that lead to why people cannot cope with the rising value of many of the muh needed goods around us. Some countries even have a steady increase at salary rates, but still, there are some people who cannot seem to get a break. I think there are two views in this, for poor or borderline poor countries, it is about the low amount of salary people have, it is just too small, but many of the companies there cannot give them more because that would put them under the bus. For richer countries, I think it is just with he way they view and spend money, they tend to spend more than they earn, but they cannot seem to see that.
hero member
Activity: 1120
Merit: 554
The salary we got cant chase the inflation rate, if we only rely on salary then we will be in the poverty zone, that's why a lot of wealthy people ask us to invest and let the money work for you, crypto currencies could be the perfect investment example, you can see the price keep on climbing from year to year, we need to think how to achieve financial freedom, rely on salary wont makes us achieving financial freedom

People at the bottom don't have extra money to invest.  They are struggling to afford food and rent. Its a continuous cycle that keeps the poor from obtaining wealth.  The rich love it because it gives them a desperate pool of workers that will obey their every command.
full member
Activity: 1498
Merit: 146
If he is not satisfied with his salary, then there is no other way for him than to search for another job which will pay him more than his salary before. But that will be difficult if he doesn't have some skills or he is a multi-talent person because nowadays, the company searching for people who have a high specification to work in their company. Or he can build his own business and start to hard work to introduce his business to the public. With that, I think he can get more money from 2 sources.
Literally we are working too much to pay the debts of governments which is actually not a real debt which is man made by the banks and inflation.So the changes have to come from economical structure of government then only we can live our life or we are just going to survive here by working all the time.
full member
Activity: 1050
Merit: 100
talk about economy many think can affects the price of goods. lately the price of goods in some countries has soared high, the worst example is Venezuela, the currency is worthless because of inflation.
the fact is that workers' salaries rarely rise and the price of goods increases. even though in our country inflation impact  is still small and the price of goods is still affordable. this problem is the government duty make the price of goods is stable, and the worker's slaries get increased.
I think salaries still increase but it only increases at a negligible level when we see the value of goods rising too quickly, and although the government can through stabilizing the price of goods to control inflation but we should not wait for help from the government, their work process needs too much time. Instead of relying on them, I think people should work smarter and accumulate more knowledge, invest and create various sources of income, it will help us grow economically and not get too much influence when the currency is depreciated over time
I agree, by investing in something that can potentially make us have financial freedom, and after that of course we are not interested in becoming employees, and establishing a dream business
hero member
Activity: 1316
Merit: 502
talk about economy many think can affects the price of goods. lately the price of goods in some countries has soared high, the worst example is Venezuela, the currency is worthless because of inflation.
the fact is that workers' salaries rarely rise and the price of goods increases. even though in our country inflation impact  is still small and the price of goods is still affordable. this problem is the government duty make the price of goods is stable, and the worker's slaries get increased.
I think salaries still increase but it only increases at a negligible level when we see the value of goods rising too quickly, and although the government can through stabilizing the price of goods to control inflation but we should not wait for help from the government, their work process needs too much time. Instead of relying on them, I think people should work smarter and accumulate more knowledge, invest and create various sources of income, it will help us grow economically and not get too much influence when the currency is depreciated over time
hero member
Activity: 2912
Merit: 541
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If he is not satisfied with his salary, then there is no other way for him than to search for another job which will pay him more than his salary before. But that will be difficult if he doesn't have some skills or he is a multi-talent person because nowadays, the company searching for people who have a high specification to work in their company. Or he can build his own business and start to hard work to introduce his business to the public. With that, I think he can get more money from 2 sources.
hero member
Activity: 1120
Merit: 554
This is what happens in late stage capitalism.  Companies are loyal to their shareholders and not to their relatives.  I have relatives that were making more out of high school in the 1980s out of high school that college graduates make now and that is not even factoring in inflation.  It used to be possible for a person to just work a normal job and live just fine, now people are working multiple jobs and still can't afford rent.
hero member
Activity: 1666
Merit: 502

Over the past 30 years, salary never goes up, I know because I saw the salary today is same as my first salary 30 years ago, I’m not disclosing my age, so don’t be too paranoia, but the price of everything goes up thru the roof, the only person who salary goes up are (ikr, salary must kept secret because it is case sensitive, don’t tell anyone else!), ok, enough rant! Try to tell your kids to work for a salary in the future, I think they could barely afford a piece of beard!!

End of story! Ciao!
You are right, when viewed from the economy from year to year salaries always go up, but actually it only adjusts to the increase in the price of goods, which is why even though salary figures increase but the value is the same as our salary in the previous year, and we have to think about how to manage inflation is one of them is to invest or buy gold.
full member
Activity: 882
Merit: 126
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How it will goes up if we are keep printing the money again and again?

We just in the same level for year,only money has been printed more so it causes inflation so it makes the price of everything goes up.
hero member
Activity: 1134
Merit: 515

Over the past 30 years, salary never goes up, I know because I saw the salary today is same as my first salary 30 years ago, I’m not disclosing my age, so don’t be too paranoia, but the price of everything goes up thru the roof, the only person who salary goes up are (ikr, salary must kept secret because it is case sensitive, don’t tell anyone else!), ok, enough rant! Try to tell your kids to work for a salary in the future, I think they could barely afford a piece of beard!!

End of story! Ciao!
Yes of course, you cannot compare salary to the price of bitcoin, because even if your salary goes up, you are being paid in fiat and fiat is prone to inflation all of the time, this means that even with the increase in your salary, you might not be able to buy more things than you can buy some few years ago, it might be worst to the extent that you can't even buy up to what your salary could buy some few years ago even after a huge raise in salary, so I don't see any reason of comparing the price of bitcoin with salaries been paid.
hero member
Activity: 1274
Merit: 516
The salary we got cant chase the inflation rate, if we only rely on salary then we will be in the poverty zone, that's why a lot of wealthy people ask us to invest and let the money work for you, crypto currencies could be the perfect investment example, you can see the price keep on climbing from year to year, we need to think how to achieve financial freedom, rely on salary wont makes us achieving financial freedom
sr. member
Activity: 1316
Merit: 257
talk about economy many think can affects the price of goods. lately the price of goods in some countries has soared high, the worst example is Venezuela, the currency is worthless because of inflation.
the fact is that workers' salaries rarely rise and the price of goods increases. even though in our country inflation impact  is still small and the price of goods is still affordable. this problem is the government duty make the price of goods is stable, and the worker's slaries get increased.
newbie
Activity: 130
Merit: 0
I will suggest a stable and random table for all the workers, that every four four years of of service work there should be an increment in the workforce to make the workers happy and fully ready to work. An increment in the workforce make workers fully dedicated to work. So as to reduce the appearance of strike. But for the past 15 or 16 years now the government have not increase salary and the one approved has not been implement .
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