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Topic: Save your environmental economic cycle - page 10. (Read 1533 times)

legendary
Activity: 2254
Merit: 1256
December 26, 2022, 05:19:28 PM
#5
It's actually quite important to "shop local", it creates local employment and maintains
the service which is important because it helps to maintain a sense of community
for local people.

We cannot get everything locally but we should not buy everything online either.

We buy all our fruit, veg and meat from local growers and farmers, we pay a little
extra for this but we want to support local.
hero member
Activity: 2786
Merit: 578
December 26, 2022, 04:44:56 PM
#4
High inflation triggered by different world situations, war, pandemic and high oil prices.

You just can't stop people if they're shopping online as it's convenient and choose not to go to the nearest store to buy their needs. Well, not at least for me, I shop to the closest one as it is economical and cost saver.

Whatever is the way of purchasing stuff, it's still helping the economy.
hero member
Activity: 1498
Merit: 562
Leading Crypto Sports Betting & Casino Platform
December 26, 2022, 12:58:11 PM
#3
We have to pay attention to the economic circulation around us, I totally agree with that. But sometimes things like this become a separate war for us. I will give a little description of what happened to me personally. Buying at dealers around the house is much more expensive than buying at wholesalers or something, so the choice is when I need a lot I will choose to shop at a store that offers lower prices, unless my needs are few, I prefer to shop around the house.
Sometimes our humanity is at war with our needs too, that's what gets difficult. When shopping we will definitely take into account the money we spend with what we get. And also we all know everyone is in a phase or heading in a more difficult direction in the future.

Maybe this is what traders around us need to pay attention to, they have to raise prices that are not too far from the prices offered at large wholesalers to attract buyers around them. That way we will mutually benefit each other, we as buyers will not go too far to shop, and they as traders will not lose their customers.
legendary
Activity: 1638
Merit: 1156
December 26, 2022, 11:18:17 AM
#2
It's mostly about moral.

Customers and suppliers has a different goal, so they both will have a conflict. A customer will want the best product with the lowest price, while a supplier will want to get a income with the lowest cost. You can't blame if there's a customer don't want to buy from retailers since they don't have a lot money and want to use their money to invest or other thing.

Actually those retailers need to lower their price if they want to compete against a big company.
hero member
Activity: 1400
Merit: 674
December 26, 2022, 10:59:35 AM
#1
Hi, friends.

We are currently in a chaotic phase of global economic uncertainty, everywhere in the world is almost similar to this situation in terms of economy, energy scarcity, food scarcity and many others. but that's not what will be discussed with friends here.

A few days ago I was walking around the housing complex, and I noticed that a lot of grocery stores and other needs (conventional/retailers) had gone bankrupt, maybe this happened because prices were soaring even worse, and people prefer to buy from online stores instead of buying from neighbours, which causes the economy to slow down is undeniably this is the impact of the global economic chaos and technological advances.

If you are a person who has money to shop for daily needs, I suggest you buy from merchants around you instead of shopping online whose stores are far from your place. This must be done to turn the wheels of the economy in your neighbourhood and save them from bankruptcy, at least you give them space to live.
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