The cost of living is trying to kill the living - page 10.

GeorgeJohn

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Quote from: wajik-tempe on March 07, 2023, 12:42:07 PM

sorry to hear that, some countries may experience higher inflation rates due to factors such as political instability, economic policies, or natural disasters, while others may have lower inflation rates due to more stable economic conditions or effective government policies.
However, it's not uncommon for many people around the world to experience the same difficulties you described. Inflation can be a global issue that affects people's ability to afford basic necessities like food, housing, and healthcare.

We might not know really the factor that caused some country inflation, the way I looked at it I believe that government of a country is the factor behind the high prices of things in a country, so I believe that economic management of country are the brain that brings course of high living of a country, when the financial management of country have a good control of a country its when a country can be inflation free, but a process whereby a country governing council are incompetent of management of economy of a country, a difficult living will continue to increase on a day bases. So in summary, its obvious that government of a nation are the custodian factor that behind its cause of hardship and devalue or cause of high rate prices of country currency to consumed items.

Kadal Ijo

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I live in a city with a living cost that I feel is about $ 300 per month, I work in a food production company and get a salary of about $ 400, and almost every month the salary runs out, but I'm happy because I can still support myself without bothering my parents, I hope after knowing cryptocurrencies can change my destiny in the future, i invest bitcoin and altcoins and i hope it will skyrocket in 3 or 4 years.

S A KHAIR

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Quote from: Aanuoluwatofunmi on March 13, 2023, 04:30:44 AM

There's always a continuous inflation in the economy of today whereby you get to the market to buy an item to discover that after sone days the price had got inflated the more, what is now the solution the people can take in tackling this since the governments are showing incapable to control and manage the price economy system, because this is part of what contributes to high cost of living in some specific areas where it is more dominant.

The government has neither the solution nor the ability to control them, so do you have a solution? Society is becoming more and more complicated, so management is also more and more difficult, don't blame anyone if you are poor because not everyone is poor. I am poorer than my friend, not because the government treats me badly and treats my friend well, but because I am worse than my friend.

Aanuoluwatofunmi

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There's always a continuous inflation in the economy of today whereby you get to the market to buy an item to discover that after sone days the price had got inflated the more, what is now the solution the people can take in tackling this since the governments are showing incapable to control and manage the price economy system, because this is part of what contributes to high cost of living in some specific areas where it is more dominant.

abralzain17

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Quote from: Kara3 on March 06, 2023, 04:36:28 PM

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

I don't think you need to hate the government in your country, almost all countries experience the same thing as you described above. I respond that the problem you described in the article above was caused by the current global economic recession, the price of every staple food is so high that it seems as if the money we have has no value. we also feel like that in our country. Under such circumstances, it is better for people who work in the government not to rely solely on their monthly salary, but they must think about how to create other opportunities that can cover the economic needs of their families every day.

Dragonfund

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Quote from: puloweh555 on March 10, 2023, 02:13:28 PM

Inflation and deflation are the roots of a country's problems, it's one of the government's challenges in managing a country. Rising and falling prices are a natural thing, of course there are natural factors, technical and non-technical factors that we cannot predict when they will come and go. It's just how we are able to adapt to situations and conditions until everything returns to a reasonable and normal point accompanied by the government's ability to manage a country. All countries are struggling with their respective struggles. We hope that the best solution will soon be found and the situation will improve

The government knows very well that there is inflation, they know the implication when a country enters into inflation but they don't look at the implication when they print money the way they like. When there is excess money in circulation, they print more instead of them to work on some segments of the country they have failed to perfom but they would rather not do anything than print money and use some grants and relief fund as excuse and the problem is, people collect this money from government without asking or considering the implication, it is after the deed has been done, they do realize.

serjent05

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Quote from: Zlantann on March 07, 2023, 11:24:47 AM

Quote from: Kara3 on March 06, 2023, 04:36:28 PM

~snip~

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.

The problem with this approach is the availability of the job and demand for such kind of services. A person must be creative and strategic on the services he should offer since when a person saw that what he is doing is profitable many will follow his steps and competition arises.

the government must implement law that will strengthen the sources of basic needs of people. They must also create projects that can be fruitful and alleviate the status of its citizen.

Quote from: Zlantann on March 07, 2023, 11:24:47 AM

Quote from: BADecker on March 06, 2023, 08:26:39 PM

~snip~

I don't disagree with everything your said about cooperative. It is one of the potent solutions to the current food and other essential commodities crisis most people are facing due to this global economic problems. But currently, human needs has become very complex and might not be handled by cooperative. Human need more than food and other basic needs to live a comfortable life. And most of these essential commodities are controlled by big companies that are not willing to lose their influence on they have on the people. Data and airtime for internet and phone communication might not be basic needs but they are so essential that some people might not be able to survive without them.

Human needs are still the same, it became complex because of the additional unimportant wants of people. Cooperative had been proven to be effective to help in this kind of problem. And in times of depression the priority should be the basic needs for survival and not anything that can complicate the situation. Afterall, it all depends on how the cooperative will deal with the rising needs of its member.

samcoin

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Quote from: Kara3 on March 06, 2023, 04:36:28 PM

An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

This is the case in most of the world's regions. The USA is trying to solve their financial problems by exporting its problems to the world. They printed billions of money during the Corona pandemic to solve their problems and are now withdrawing these billions on the back of the world's economy. Unfortunately, this situation seems to be lasting for a longer term as the economic signals in the USA don't look good, so we should expect more tightening, thus fewer jobs opportunities and wages. In addition, the Russian-Ukrainian war contributed to product prices rising, which reflected more daily life expenses. My advice for everyone is to always expect the worse and drop off the luxuries from their buying lists, as well as keep on with the investment opportunities that show up from time to time.

Ataiwo913

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The cost of living is trying to kill the living. We have to work harder and longer just to afford a good life. Sometimes we don't even know how much longer we can survive. It's getting harder and harder to get by - there are many things that are easier just not possible anymore for us

Yawa2020

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Quote from: BADecker on March 06, 2023, 08:26:39 PM

In the Great Depression of 1929, nobody could afford the cost of things. So, what did people do? They got together and formed their own mini-governments called co-ops. Some of these co-ops are still around today.

What did a co-op do? Everybody in the co-op did what they could to make and supply something that other people needed. If they didn't have a profession, they simply became labor for those who did.

Some people supplied land they owned. Others built buildings on the land. Others tilled the ground. Professional farmers grew all kinds of crops. Everybody worked. They supported themselves.

Is it almost time to form some new co-ops? Co-ops can be made legally stronger these days, because they could be started as Private Membership associations. PMAs have been legally set in place as a sound structure, keeping standard government out.

This is my first time hearing about this Grin

sorry to ask but where exactly did this happen? I'm curious.
But come to think of it, the inflation will still affect them unless the influential among them decide to cover the less privileged by buying at high rate and distribute. Talking about farming, how about the high cost of fertilizer, chemical and seeds? Everybody will work and support each other but that does not exempt them from feeling the effects of high inflation.

Alisha-k

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Quote from: Kara3 on March 06, 2023, 04:36:28 PM

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

it's exactly the same situation in my country, things are hard even for the rich not to talk of the average man. Life is really tough and prices of things are on the high on a daily basis, the only difference is that, unlike your country where the government and it's agencies have refused to do anything about it, ours are the ones responsible for inflicting the suffering and pain on us.

Alisha-k

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Quote from: bosede1 on March 12, 2023, 03:23:57 PM

Presently in my country Nigeria, we are in the era of buying money with money, for instance, if you need 10,000 naira cash you will have to collect it with 2000 naira that is if you are so lucky to get it. Since the new currency was issued the cost of living has been difficult. The fact is that income is not increasing but needs and wants are increasing there is no balance of any sort and this is affecting a lot of things.

I'd like to know what state you're in really, my area charges 4000 for 10000, and some places share the charges at 50/50.

The cash is hard to get, network to transfer is bad and even if it's accessible, vendors reject transfer, what a bad time to live in a country as this.

bosede1

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Presently in my country Nigeria, we are in the era of buying money with money, for instance, if you need 10,000 naira cash you will have to collect it with 2000 naira that is if you are so lucky to get it. Since the new currency was issued the cost of living has been difficult. The fact is that income is not increasing but needs and wants are increasing there is no balance of any sort and this is affecting a lot of things.

Spaceman1000$

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It's an unfortunate situation we've found our selves as human beings, for all the creatures God created, is only human being that need money to survive.
Government control the fiat currency, they control the inflation situation of a country, they are literally holding the potatoes and also holding the knife, that's why we need Bitcoin to be an integral part of our lifestyle, so we can survive some of this inherent impediment created by government to keep us at bay.

lizarder

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Quote from: Kara3 on March 06, 2023, 04:36:28 PM

An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

Almost all countries are experiencing economic difficulties, due to the worsening post-inflation situation due to several reasons, starting with Covid-19 and the impact of inflation is increasingly widespread in the absence of economic stability. Everyone should try to be more independent in managing their family's financial resources. You cannot fully depend on government policies in conditions like this, because they have many things to take care of and it is not certain that they can prevent inflation quickly.

To get basic needs is not that difficult, one thing is difficult because people are too spoiled and don't want to be involved in agriculture that can be utilized. In some areas they provide basic needs from farmers and the tradition of growing vegetables is still maintained today, so the price range is definitely cheaper. The question is, why do so many people not take advantage of conditions like this?

Hispo

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Quote from: wiss19 on March 10, 2023, 01:19:04 PM

We think life is easy when we are still young and no other obligations to do other than having fun but as we grew older and started to have a family we realize that we were wrong. The government should increase your pay. Don't tell me they can't feel these issues happening around? If they won't, maybe it's time for you guys to switch on other careers. If you are afraid then just find another small job.

This should make you an extra money to sustain the life that you want if you can not adjust. Problems that you are currently facing are also felt on other parts of the world but I think some governments are kind enough to help. People there are just lucky.

I am afraid that how things are going with the artificial intelligence and the mechanics, in the mid term "finding a small job" may not the possible, since the robots are starting to develop up to levels where the can take care of more complex tasks.

Just take a look at this video I found on youtube: https://www.youtube.com/shorts/R1NDNDZpneA

We could argue that this advances in automation could mean what products will be cheaper, but that would be naive to assume companies will slow prices instead pocketing the difference they saved in human personnel.

bbigtart

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Quote from: Ngewex Yuk on March 11, 2023, 01:00:18 AM

The cost of living continues to increase because inflation continues to occur, government reports state that inflation occurs around 6% per year, but what I feel is the price of basic necessities has increased by more than 20%, for example cooking oil has increased by more than 40%, of course this makes us must think about finding a source of income to be able to survive the increasingly difficult economic conditions.

about inflation and the cost of living. The reality is that capitalists are making huge profits in Canada. An example is the real estate industry, high property prices affect the entire market and high inflation. Reducing the budget limits capitalist profits and increases the windfall profit tax. To reduce the cost of living of the people. Canada already has heavy taxes.

Food prices have risen so high Business people have the responsibility to reduce costs, otherwise prices are high, consumption is weak, no business, in the end it will be the failure of the operators. Maintaining purchasing power is a success factor. The reality is the high cost of living. Canadians suffered a lot, but the capitalists never lost big profits or real estate.

Fakhrulenclix

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Quote from: CageMabok on March 11, 2023, 11:56:16 PM

Quote from: Ngewex Yuk on March 11, 2023, 01:00:18 AM

The cost of living continues to increase because inflation continues to occur, government reports state that inflation occurs around 6% per year, but what I feel is the price of basic necessities has increased by more than 20%, for example cooking oil has increased by more than 40%, of course this makes us must think about finding a source of income to be able to survive the increasingly difficult economic conditions.

You will feel a greater increase in the price of basic necessities when you don't have a lot of income in your life. Because rich people who have large incomes will never feel pressured by an increase in the price of basic necessities in their life even though they have to spend more money for it. However, they are very used to it and will be very comfortable dealing with it, so it is very true if you want to think about finding more sources of income in order to survive in these difficult economic conditions.

that's right, it really feels like the price increases for people with low incomes but right now the focus is on those with low incomes so it's very difficult when the cost of living increases.
in fact, all of this can be overcome by trying to supplement their income by working harder without having to complain and question state policies that make it difficult for them.
life is always stressful for people on low incomes, and we have to try to get out of it.

CageMabok

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Quote from: Ngewex Yuk on March 11, 2023, 01:00:18 AM

The cost of living continues to increase because inflation continues to occur, government reports state that inflation occurs around 6% per year, but what I feel is the price of basic necessities has increased by more than 20%, for example cooking oil has increased by more than 40%, of course this makes us must think about finding a source of income to be able to survive the increasingly difficult economic conditions.

You will feel a greater increase in the price of basic necessities when you don't have a lot of income in your life. Because rich people who have large incomes will never feel pressured by an increase in the price of basic necessities in their life even though they have to spend more money for it. However, they are very used to it and will be very comfortable dealing with it, so it is very true if you want to think about finding more sources of income in order to survive in these difficult economic conditions.

speedy963

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Quote from: irhact on March 11, 2023, 02:43:38 AM

Quote from: xSkylarx on March 09, 2023, 02:30:12 AM

Opportunities are everywhere, but you also need to have determination because it is not that easy to earn money online, even though it is still good for us to get hired and just work from home, but our bosses are from other countries. Though this opportunity is only for those who have gadgets and have internet access, what worries me more are those people who are not computer literate and are relying on physical jobs since there are still companies that are not open right now and there are low hirings, so the unemployment rate is still high.

The opportunity that are everywhere isn't for everyone since not everybody learnt those skills that have job openings online. This is why we have to be prepared ourselves by getting educated on the trending things. Now that we have blockchain technology taking over, we should equiped ourselves with this knowledge so we can get the jobs when we see the opportunity.

Many people still don't understand this, the manual jobs are crowded and unavailable but this online jobs lack skillful workers and companies are out there looking and waiting on someone they can hire for the role, we just have to make ourselves available by shifting our attention to learning the skills needed to be hired for this online jobs.

Exactly as you say! Opportunities are everywhere? It's just a sarcastic way of telling you can do it as long as you do it. As you've said, not every opportunity is for everyone since not everyone has learnt that skills, aside from that each and every country depends on what job available for them.

I learn that the hard way while searching for jobs, and as I was looking for it, I was disappointed at the same time confused as to why there are different jobs offered for varying countries as well as the salary given. Of course that depends on someones strategy so one could still do side hustles that're available, and yes, I also did that just to earn extra coz they said "don't just talk and complain, you should work".

Yes there're so many job opportunities online, but are we sure that out resume are checked by the company? Mostly not, if your profile isn't something noteworthy, they'd just skip it even if you have the skills to do it. Not unless you have someone who can refer you.

Topic: The cost of living is trying to kill the living - page 10. (Read 1669 times)