Topic: Will inflation in the world grow by 2023? - page 3. (Read 770 times)
Sometimes the inflation that occurs is described as big and makes it difficult for everyone, but what happens and I experience is normal, normal inflation is usually around below 10%, and what often happens in my country is around 5%, of course with a salary increase which can reach 10% per year, the problem of inflation is not problem.
In my opinion, inflation will continue to occur because countries are currently interdependent, for example, country A depends on country B, and country B is experiencing inflation so that the commodities sold will automatically increase and of course country A will directly experience inflation, and according to analysts from experts the economy that in 2023 will experience inflation due to many factors.
Inflation keep growing Everytime and we need to be prepare for us to get through it. Since the COVID 19, inflation had bounce back on us and things are becoming more complex fro people to achieve. It is very hard for those who do not have a good job to make money from the market unless they have family that is financially bouyant and can help.
We will know actually once we get there. But I have high expectations that inflation will continue to grow in the next couple of years. So we should instead start to embrace and live by it because for me, it’s already becoming more uncontrollable. That is why we should increase our source of income so we can still sustain providing our basic necessities in spite of its never ending price growth.
Yes. Understanding inflation is very important because it sheds light on the dynamics of currency exchange rates and their impact on international trade and investment and the economic stability of society. In general if i not mistaken, when inflation decreases, the dollar exchange rate has the potential to increase or stabilize against other currencies. When inflation decreases, the purchasing power of the dollar strengthens because goods and services become cheaper in the United States than in other countries. This can drive demand for the dollar, leading to its appreciation against other currencies.
But what happens when in response to that the rest of the countries also begin to print more of their own currencies? They will counter that effect, and by the way that is exactly what they do, so no one gained anything out of it and the only ones that lost on that race to the bottom are the citizens of each country, since now they have to pay more for the same products.
We will know actually once we get there. But I have high expectations that inflation will continue to grow in the next couple of years. So we should instead start to embrace and live by it because for me, it’s already becoming more uncontrollable. That is why we should increase our source of income so we can still sustain providing our basic necessities in spite of its never ending price growth.
Yes. Understanding inflation is very important because it sheds light on the dynamics of currency exchange rates and their impact on international trade and investment and the economic stability of society. In general if i not mistaken, when inflation decreases, the dollar exchange rate has the potential to increase or stabilize against other currencies. When inflation decreases, the purchasing power of the dollar strengthens because goods and services become cheaper in the United States than in other countries. This can drive demand for the dollar, leading to its appreciation against other currencies.
Inflation will continue to occur due to many factors, and the biggest factor that causes inflation to occur is because many countries use paper money so that the value of paper money will always decrease, when the value of money decreases, inflation will occur and the inflation trend will continue to occur in 2023.
I don't have to believe that the use of paper money is the cause of inflation because paper money is not new in the system it is there a longtime with inflation but now inflation is increasing. the reason I think can be mentioned is increasing population which is having pressure on the economy because the government is not properly planning the budget to take care of new environment challenges because facilities to use for small population is not the same with increased population which will cause shortage in all facilities including paper money and that cause government to print more money in circulation.
We will know actually once we get there. But I have high expectations that inflation will continue to grow in the next couple of years. So we should instead start to embrace and live by it because for me, it’s already becoming more uncontrollable. That is why we should increase our source of income so we can still sustain providing our basic necessities in spite of its never ending price growth.
It's a vicious circle, you're trying to increase your earnings while inflation continues to rise, it will never end. You will work to save something, but the money set aside will depreciate, due to inflation, you will try to earn more, but your funds that you have set aside will have less purchasing power over time.The only way out of this situation, it is to invest in something that will not be able to depreciate it so quickly when inflation will lead to the fact that the asset you bought will grow in price along with inflation, and also be able to generate income.
There is no definite answer to this question as inflation rates can be affected by a variety of factors, including changes in government policies, global economic conditions, and natural disasters. However, many economist predict that inflation may increase in the coming years due to factors such as rising commodity prices and increased government spending. Inflation can be caused by increase in demand for goods and services exceeds the supply prices tends to rise. Increase in production costs, increase in money supply, decrease in supply of goods and services prices tend to rise due to scarcity. Natural disasters can impact also Inflation rate.
I also think that it is impossible to remain without attention to this topic, because even natural disasters really increase the impact on the population. Therefore, it is worth preparing for everything.
Inflation will continue to occur due to many factors, and the biggest factor that causes inflation to occur is because many countries use paper money so that the value of paper money will always decrease, when the value of money decreases, inflation will occur and the inflation trend will continue to occur in 2023.
We will know actually once we get there. But I have high expectations that inflation will continue to grow in the next couple of years. So we should instead start to embrace and live by it because for me, it’s already becoming more uncontrollable. That is why we should increase our source of income so we can still sustain providing our basic necessities in spite of its never ending price growth.
Reading the morning summaries of the newspaper, I came across an article that, according to forecasts, inflation will not remain within the limits of the predicted non-percentages, but will increase and grow, thereby creating economic instability in the world. Do you think it is worth relying on the opinion of economic experts? There have not been any official statements from banks by country yet, but the dynamics show that inflation is growing along with the annual rate of banks. But now it is quite high in all countries, respectively, the rise in price and instability in the markets should be expected or a slight increase in inflation is possible, which will not affect the economy of the world?
Personally I do think that inflation is going to keep rising this year. In my country Economicst predict a more slowly rising inflation and energy and food prices are evening dropping a bit in price this year. However I am very sceptical about such moves, why would any company that tries to maximise it's profits going to lower it's price considerably? Both food and energy are two sectors where people need to but regularly, there is no way to live without it. I expect prices to rise again later this year. Another big trend is that workers demand huge pay rises this year. In many sectors we saw strikes that were eventually settled with giving workers one time pay off payments and 10% salary rises. All these additional cost are going to make products more expensive and will be passed on to the consumers.
I don't think even economists are heroes. it is not about how inflation is handled. but I am aware that inflation will make those who are in poverty even poorer, they will find it difficult to survive. but for those who are already rich I think they don't care about the poor, I mean how those who lead a region should care more about inflation because it can make many people starve to death.
There’s no way to stop inflation from rising, though you can just slow it down but eventually when the whole economies rises, inflation will also follow even if we don’t want it. Those who are suffering already because of expensive goods might suffer more in the future, the only way to fight this is to make your money work for you and beat the inflation, the world inflation will grow more, as technologies are advancing as well. Inflation will increase higher and higher is inevitable. our economy will recover in the near future as it did in past crises. but there is one thing we cannot change even if inflation passes, which is the devaluation of money over time, and there is no way to stop this. you are right, there is no way to stop inflation completely, and there will come a time when this economy will collapse when things get overwhelmed.
Earning money is one of the tasks to fight inflation but to beat future inflation, we need to hold deflationary assets like gold or bitcoin, holding fiat will not help you against inflation even if you have a lot of fiat.
I don't think even economists are heroes. it is not about how inflation is handled. but I am aware that inflation will make those who are in poverty even poorer, they will find it difficult to survive. but for those who are already rich I think they don't care about the poor, I mean how those who lead a region should care more about inflation because it can make many people starve to death.
Unfortunately that's the truth. The rich will get richer because inflation means higher returns and higher priced goods and higher profits for them. Look at oil companies and amazon and all the likes, they made a lot more money during pandemic, the peak point of inflation, why and how? Because they took advantage of that inflation to increase the prices of the goods they were selling and they made much bigger profit.In return, did they paid their workers a lot more? When they were breaking profit in a single year records, did they gave people same increase as well? Of course not, the most they did was based on inflation rate, and not their profit rate, and hoped that people wouldn't resign. That's why poor gets poorer while rich gets richer.
Inflation happens every now and then. The more time goes by, the more we will face it. I have never seen inflation going back to normal or to the previous point. It could happen for many different reasons. But it effects stays the same. Over the year, we see more and more inflation happening all over the world. It's not a surprise that they say that it will grow more. Maybe not to that extreme, but it will happen. But the future is not much predictable, so can't say for sure. It may happen in an extreme or less, which will not affect the world economy that much. Only time will tell that.
inflation continues to grow it will not be hindered by anything now. I think the cause of inflation is the ignorance of the people at the top towards microeconomics such as small traders, turnover to buy branded goods which are expensive and will decrease over time makes this inflation even higher. fortunately gold is the best solution to really become an investment vehicle to deal with inflation in money.
Yes, that's how it is because inflation is not caused by economic factors alone, but there are many things and it can be said that it is quite complex,
However, we are waiting for the government's policy to suppress inflation,
We'll see whether the inflation will increase or not.
Yes, that's right, Inflation is a complex phenomenon and difficult to completely stop. Inflation occurs when the prices of goods and services generally increase continuously over a certain period of time. Several factors such as economic growth, increased demand, increased production costs, and monetary policy can contribute to an increase in inflation.However, we are waiting for the government's policy to suppress inflation,
We'll see whether the inflation will increase or not.
Inflation is like blood sugar in the body needed to form energy. When the sugar is too high we will face diabetes. when it is too low we face hypoglycemia. So inflation is necessary but on a measurable scale, just like blood sugar in the body. if inflation is 0% (not yet negative or deflation) it means there is no demand growth. If there is no demand growth, it means there is no need to increase production capacity. continued with low demand for new workers, unemployment, especially in the new workforce, the bargaining value of workers against wages decreased, stagnant even wage cuts and decreased purchasing power. demand decreases and we enter deflation, which if allowed to worsen even to the point of a deflationary spiral, the effects are as devastating as hyperinflation.
an example of an economy destroyed by deflation was the US in the 1930s or known as the great depression, while Japan struggled with long deflation following the bursting of the asset bubble. This caused Japan's nominal GDP to fall by 20% from 1995 in 2007. Labor wages fell by 13% and the quality of life. Japanese society fell to the level of 1987 in 2010. This condition also made young Japanese people reluctant to marry and have children. result in Japan's parent-dominated demographic that would result in the collapse of the pension system.
Changes in interest rates can have significant effects on borrowing costs, investment decisions, and consumer spending. Increasing interest rates are often implemented to curb inflationary pressures and maintain economic stability. However, higher rates can also slow down economic growth and increase the cost of servicing existing debts.
There is no need to worry like that mate, because the government is also very aware of this so that the increase in interest rates can be stabilized again when inflationary pressures have started to subside again. It is just part of the fight against inflation and when things are on track there will be no more hikes in interest rates. Because when problems such as inflation have disappeared, investors and lenders can carry out their activities as usual again without having to change anything to deal with problems. 
Considering that most of the world's economies depend on the United States, it is necessary to analyze first of all what is happening with them. At the moment we are seeing an increase in interest rates. Most likely, this will continue throughout this year, although there may be pauses, freezing for short periods of rates at previous levels. On June 14 FED will present new interest rates and I tend to believe there will be a preservation before a continuing rise in July. What is happening in the US banking sector is forcing to slow down economy, thus to slow down inflation. Investors escape to stock market and the US dollar right now, but how long will it be the safe harbour? Such interest rate games could cause the economy to reel with high levels of debt and we can see even more bankruptcies than before.
Changes in interest rates can have significant effects on borrowing costs, investment decisions, and consumer spending. Increasing interest rates are often implemented to curb inflationary pressures and maintain economic stability. However, higher rates can also slow down economic growth and increase the cost of servicing existing debts.
I agree with you. And I think that such changes can cause more interest in bitcoin, because bitcoin was often seen in such situations as a leverage, some kind of life buoy that could safe you from the inflation consequences, or at least lower its negative effect. That is why I am going to look very carefully at what will happen on June 14 at how it will affect cryptocurrency market.
Considering that most of the world's economies depend on the United States, it is necessary to analyze first of all what is happening with them. At the moment we are seeing an increase in interest rates. Most likely, this will continue throughout this year, although there may be pauses, freezing for short periods of rates at previous levels. On June 14 FED will present new interest rates and I tend to believe there will be a preservation before a continuing rise in July. What is happening in the US banking sector is forcing to slow down economy, thus to slow down inflation. Investors escape to stock market and the US dollar right now, but how long will it be the safe harbour? Such interest rate games could cause the economy to reel with high levels of debt and we can see even more bankruptcies than before.
Changes in interest rates can have significant effects on borrowing costs, investment decisions, and consumer spending. Increasing interest rates are often implemented to curb inflationary pressures and maintain economic stability. However, higher rates can also slow down economic growth and increase the cost of servicing existing debts.
Inflation is influenced by various factors including price inflation. When it increases, the price of everything increases, including many exports including various products that see a lot of change in the economy. Many countries find that economically the supply of goods cannot affect demand. Inflation that is adversely affected by a pandemic or war is only a matter of time before it rises again. Many experts have predicted that inflation will rise again.
Yes, that's how it is because inflation is not caused by economic factors alone, but there are many things and it can be said that it is quite complex,However, we are waiting for the government's policy to suppress inflation,
We'll see whether the inflation will increase or not.
Jump to: