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Why does inflation in one country or continent affect the others. Why does it seem like the whole world is experiencing a global economic downturn all at once despite having different economies, different policies, different politics? Here's what I mean from these news headline

- Major fears are sweeping into Israel’s economy (https://www.cnbc.com/2023/03/02/major-fears-are-sweeping-into-israels-economy.html)

- Stubborn inflation will remain at a very high level, German central bank president says
 (https://www.cnbc.com/2023/03/01/stubborn-inflation-will-remain-at-a-very-high-level-german-central-bank-president-says.html)

- Saudi Arabia drops $5 billion in Turkey’s central bank to help its struggling economy (https://www.cnbc.com/2023/03/06/saudi-arabia-deposits-5-billion-in-turkeys-central-bank.html)

- U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says
 (https://www.cnbc.com/2023/02/14/bill-smead-us-inflation-is-far-stickier-and-could-last-a-decade.html)

- Inflation resurges to 21.82 % over rising food prices (https://www.vanguardngr.com/2023/02/inflation-resurges-to-21-82-over-rising-food-prices/)

- Sky-high prices burn Indians’ pockets, drag savings to 30-year low amid K-shaped recovery (https://economictimes.indiatimes.com/news/economy/indicators/sky-high-prices-burn-indians-pockets-drag-savings-to-30-year-low-amid-k-shaped-recovery/articleshow/98445723.cms)

The main  reason are the economic policies most countries around the world adopted.

The idea was basically to increase spending (and money printing) during lockdowns so they could avoid a recession.  So they did, and now the bill is coming.

More money in  circulation  = more inflation
https://preview.redd.it/rxuo34jiqd561.jpg?width=1080&crop=smart&auto=webp&v=enabled&s=57e122f17096709d879cdc3754d13527f0ad9d82
https://www.reddit.com/r/CryptoCurrency/comments/kdpc24/35_of_all_us_dollars_in_existence_have_been/

Inflation has been in place for long but there are factors that do make the effect to comes out bold, one of it is a bad economy activities runnings which might have been as a result of natural occurrences, poor market as a result of decrease in demand and decrease in supply, weather, middlemen and many more activities, this call for a set of programs that could help fight against the consequences that may come through them when in a prolonged situations.

Pandemic? Why is it so shocking that the pandemic was a global thing and caused a lot of nations to print money which of course triggers inflation. Thats a normal thing and I feel like we are going to end up with such a normal thing for a long period of time. I am not saying that this is going to end up with anything good or bad, maybe it could trigger growth, maybe it won't. All in all inflation is a bad thing, but we are already getting it under control, its too late to open this topic, the recession that follows each inflation is already on its way right now and we will deal with that for a few years as well.

We live in the global economy. Everything and everyone is linked. So the crisis in one place affect the rest of the world. Butterfly effect.

Dependency of each other to another and blame the fed for the high inflation that we're all having. Remember the brrrrrr money printing that they've made and other countries did as well during the height of pandemic.

I am not an expert on this but I think also their adjustment of interest rates also contributes to the inflation and it all depends to what they think they should done to stimulate or control it.

Combination of many factors, the war, opec controlling oil supplies, food shortage, etc and all of those do contribute to inflation of each country.

Inflation in one country will affect others that have beneficial relationships with these countries and in like a chain reaction the effect will be transferred to other countries that benefit from these countries. Inflation can be caused by many reasons, and crisis can result to inflation. When many major players in the world economy are experiencing one form of crisis, It can result in leading to inflation that will be experience by the many countries that are dependent on them for one thing or another.

I also see it from a different perspective. Inflation occurs because the IMF family provides financial assistance to countries that request assistance for stimulus. As a result of covid. Then the IMF family creates a Ukrainian-Russian war (thus fossil oil and wheat) steps across all importing countries.

And the effects of money printing by the IMF and the Ukraine-Russia conflict have begun to appear, which were deliberately created by the IMF family. When a secular economy is used throughout the world, this is how inflation happens all at once throughout the world.

The world's currency reserve was printed in Trillions. It would affect every currency since they are all trading in USD. Purchasing power of the USD falls, and all other currencies also fall. Every other country is relying on what the US does.

When gas price skyrockets in USD, all other prices go up as well since the production cost increases including the freight. Even when it's just within the US, the prices will have a big difference from state to state.

This. Is. Globalization.

An economic crisis is no exception to the ramifications of a globalized economy. The more globalized the world is, the more every country is inter-twined financially. The more each country relies on one another, the more intertwined they become financially. In my opinion, I believe that the banks and the money that the banking system created unnaturally is what not only accelerated globalization, but the economic catastrophe to come.

Economies of countries are interconnected: one country experiences inflation, for sure its exports will be higher, and the receiving country who buys their exports will have to higher prices that they have to pass on to the consumers. It's a domino effect, and all of these happens on the daily. If it doesn't, then you won't be seeing a lot of these countries experience economic hardships at the same time. The only differentiating factor is how well these countries can cushion the blow. While they may all be experiencing inflation all the same, some countries can easily handle it while others do not.

Because today countries are much more tied to each other through trade than they were in the past. If one major country is in the crisis, it can't buy as much goods from other countries, so they enter a crisis too. Plus we're still living in post-covid times, and all governments responded to covid by increasing spending, which is one of the biggest causes of inflation.

I think the main reason is that most nations followed the U.S. in creating huge amounts of their currencies during the pandemic.

What did the importing countries do with the fossil oil and grain they had while the Ukrainian-Russian war was still hot? Because when Covid was going on, almost all activities and work were always stopped and constrained because of this, so there wasn't much work that could be done by everyone around the world when Covid conditions occurred.

This is interesting to discuss further because I don't know much about what the IMF actually did in the past and also now or during the covid period and also when the Ukraine-Russia conflict started because I also believe that the inflation problem also arises from two reasons for this although I don't think that it was deliberately done by the IMF.

Current era inflation, is a perfect storm. Where a number of environmental, economic and private sector variables align to produce a negative cycle which occurs only once in 50 years? 100 years? 1,000 years? It all depends on how bad things get. Some of the damage is environmental. Elevated cases of earthquakes, flooding and natural disasters destroying crops. With elevated drought also destroying crops.

I think every aspect of current state of affairs is known and reported on by journalists. Its not hard to use a search engine to research, map and blueprint the minutiae of how things are broken. The overwhelming majority appear to not follow news trends. If they follow them, they seem to not remember much of past history. Which makes it difficult for us to recognize most of the main contributing factors. Much less address them.

Ancient rome used a silver coin known as the denarius around 200 BC. Which was known to be an era of high inflation for rome: https://en.wikipedia.org/wiki/Denarius#Debasement_and_evolution (https://en.wikipedia.org/wiki/Denarius#Debasement_and_evolution) They reduced the amount of silver in the denarius over time, which led to inflation. That could represent a good text book case of inflation. As well as an excellent example for how gold and silver standards do not prevent inflation. Apparently we live in a strange world where we can put a man on the moon and achieve technological miracles. But when it comes to solving problems like inflation. Our developmental curve is probably lagging behind where we could like it to be.

If you were the architect of a system designed to reduce risk of inflation in the future. How would you approach it? If 1 ounce of prevention is worth 1 pound of cure. Then prevention might be a goal worth pursuing. But somehow we have not seen much supply or demand of that type of mentality in the 2,000+ years of inflation wreaking havoc with the world's economies.

Mostly due to Russo-Ukrainian war I guess. Germany has issues due to increasing energy prices, US has issues because it's spending billions on military support of Ukraine. Turkey's economy was ruined even before the pandemic started. Can't comment on Israel and India I have no idea what's going on there.  ;D

Most likely because the one thing that most of our countries rely on is energy and seeing that the Russia- Ukraine war is still going on this will keep affecting other sectors of industry which means spending more to cushion the rising price of energy...thanks to a limited number of energy/ crude oil suppliers.

I also believe because things aren't done the user way,we are been forced to pay a premium as their are a few goods to go around for everyone, also possible that there is an artificial shortage as suppliers try to milk consumers for extra cash to receive less.

Simply because we are talking about irregularities with monetary policies or the way how marketable goods are being managed as they are being sold in the market. Also has something to do with supply and demand wherein there are times capitalists are hoarding to trigger a demand. There are countries who are taking advantage on the exclusivity of a particular market good and this does not exist across countries but even within a single country.
Definitely, and between those ties, some countries are simply taking advantage of stocks which pushes other ties to reflect the higher market price towarda other countries, eventually triggering a domino effect towards other economies.
Not only U.S. Maybe this ideology is because of the currency trading value across different countries such as USD to other fiat? I think that is not the reason. In the first place, marketable goods does not come from a single nation only.

i also believe that this inflation is highly influenced by the aftermath of the covid/pandemic period. it was the event that all humanity had experienced in the past couple of years. and each country has their own way of coping up with the impact of this pandemic. and now, with the russian-ukranian war, it further fuels the struggle of many nations to rise up from their troubles.

this sounds really logical, so many countries are really depending on each other, i'd say when a country which become a market for other countries is about to get some crisis which means the spending power of the general masses has greatly reduced, it could be said that gonna also affect the country which supplies commodities, etc to the country and also lower income of such country, it's all connected to each other.

Inflation or expansion of the monetary base is bad enough but loosening money supply while the actual supply of goods and consumption fell was quite extreme alteration to normal business.   Even now some parts in cars and other products are not still allowing the free flow of production, which elevates prices at all levels of the economy.   Demand for energy has risen and also we have seen supply removed via the problems and war in eastern Europe.  Similarly food and fertilizer has caused actual constriction to supply, all of this has helped alter prices probably long term.   Energy and food are both in demand growth so to get ahead of that again in order that prices reduce is not easy to do.

the inflation today is much scarier, people no longer worry about having job security, they are worry about food security all over the place, you would not believe folk are quiting job voluntarily, we were once taught having no job is very poor indicator of economy, but we have never seem the full picture yet.

I think, the COVID-19 virus that spread all over the world is the caused of inflation around the world, because during that pandemic that took over many years and some months in the land, really destroyed some government plan. Many governments spend a huge amount of money to made the COVID-19 drugs available for people to use to prevent them from the virus and to allow organisation to resume operation so that there will be products for people to consume. I believe, this inflation will soon give way in the world because many countries are very ready to adopt Bitcoin to grow their economy that is collapsing in their various countries.

So is there any solution to this problem, or we all slowly will move towards default like Srilanka? There was similar crisis in 2008 but we saw big powers somehow survive that economic crisis. The real issue is big powers will again survive current crisis but it will create more problems in underdeveloped countries and they won't be able to survive.

Because all these supply chains affect one another. Also it’s usually when one manufacturer is affected, many others are affected also.

In Ukraine they make harnesses for many vehicles. Not just one brand. Hence due to the war, many cars can’t be build just because of one part. And as a result there are less vehicles in many countries so the inflation goes up.

Basically inflation is influenced by economic conditions and policies in each country, there are sources closest to the relationship that affect one country to another, for example cooperation, export/import and other policies that are bound as cooperation between countries. Interpreting inflation from its true meaning is an increase, which means that goods and money circulation that is not balanced are also a factor in global inflation and are also inseparable from other policies that are closer to influencing it.

To find out more about the factors that cause inflation, there is space that cannot be seen only with the news sources that you share, there must be specific approaches and data to review the main issues and each country usually has a different inflation control formula, and usually when it happens needed a more effective solution to handle it.

Why does it feel like the global economy is going through a downturn? Maybe due to the inaptitude of leaders and misguided policies! It's outrageous how narrow-minded decisions can have such extensive consequences. Rather than prioritizing the long-term well-being of their economies, leaders are too often focused on short-term gains and political maneuvering.

The worst part is that average citizens suffer the most. Inflation has a greater impact on the poorest, and soaring food prices and low savings rates can lead to significant difficulties. It's high time for leaders to set aside their egos and work for the benefit of their people, before it's too late. And I never trust the government will do that. I will buy bitcoin instead

When a large country is hit by inflation, it can cause other countries to be affected because many countries are newly developing or underdeveloped and have not been able to stand alone. They still need support from these big countries so they can be more advanced than before.

But I think other big powers will replace the big powers because as we know, developing countries are starting to free themselves from dependence on big countries. They know that if they don't try to stand up for themselves, they will be affected by inflation and will not be able to survive because the inflation that comes can be bigger than before.

So far we have seen example of Sri Lanka going to default and it has nothing to do with economic crisis in other countries rather it was because of there own domestic problems like taking too much loan from China etc. I can give you another example of my country i.e. Pakistan which is in great economic crisis and this too is because of internal issues. I am of the opinion that internal problems are more threat to your economy then crisis happening in other big countries.

Wow this is some meaningful graphic. Everyone knows and gets to fee on a daily basis that inflation went through the roof, but these graphics help reminding ourselves of how bad it actually is and how costly it will turn out to be for all of us in the long run. When policy makers talk about a "crisis", it implies that these are bad times but bad times must end when the good times will start again. It also has some character of temporariness. In this case inflation will have severe long-term consequences, many of which haven't yet enfolded to their full potential. Demographics come into play, pension funds/insurances are under massive pressure, real estate markets could collapse again in light of rising interest rates and people are not able to refinance their mortgages, more government money needed to cushion social hardships, etc.....

Because the whole world is connected, as the real estate crisis of 2007 showed. It would seem that loans and the USA are a personal matter of the USA. But the whole world has gone into crisis, because if banks go bankrupt, then people lose their jobs, projects and investments stop, strikes begin, and supply disruptions. And this process affects the whole world, because we have all been living in globalization for a long time.

I agree so much with you that the problem behind global inflation that is hitting every country as of their economic policy.
It is very difficult to find a government that thinks on its own without depending on what the other governments are doing to achieve results.
Apart from China and other countries in Europe that could think on their own so many countries in Africa will just copy the exact method of financial policy of another country without knowing how it works in the country. So when such system is faultt in one country, it would therefore be faulty in the other countries that emulated it.

Yep, that's absolutely true, if you look at it historically, a lot of new money has been created to deal with the Covid-19 pandemic, such as buying anti-viral clothing, medicine, vaccines and providing free assistance to the community, in terms of polarization it is indeed the same in this case, and this was accompanied by economic congestion due to restrictions on economic movement to stop the spread of the virus, and then continued by the Ukrainian and Russian wars, I think this is still relevant for most western countries.
In my country, the main cause of inflation is printing too much money and distributing it to the public for free.

Couldn't be better with this reason!

Inflation is dominating the global economy, in fact there are many reasons leading to high inflation and I agree that the high level of money printing abuse is a good reason that it has accompanied every year,  The energy and food market scenario is just a revelation and a seasoning for money printing to become serious, increasing global inflation.  That caused a slowdown in the economy.

Why would not it affect all of them at once? The whole world depends on each other. Whether it is internet cable running under water to grain getting exported and imported from one country to other, everything is connected and will affect each other now and then. When it comes to the inflation it is but obvious that one country will raise the costs and thus depending on that the receiving country would have to update the costs in their country as well. This applies to almost every country because now and then some country is connected to other with multiple trade and investment strategies.

Developed nations always comes first in line because they hold most of the important powers in their hands and then slowly the chain reaction happens throughout developing and under developed nations. Though the time is pretty same, the reverse recovery is also true and happens in the same manner.

It's not only about how bad or good their leaders are because why the problem happens in all countries and not just on the countries that has a bad leaders? An economic downturn might only be a natural problem. It could not be 100% avoided but there are measures that can do in order to survive it.

For inflations, I know that Bitcoin is one of the best solutions for this. There are some leaders who are not patient enough and they focus on the short-term ideas first but I think once they proved that it wasn't really beneficial, that would be the time that they will change their approach and try long-term plans this time. We should be calm and wait for it.

Covid-19 pandemic was globally and there was lock down,which lead to lack of production and depreciation of economy world wide. People were only feeding from what they had and so many people  lost their jobs, the government was caring for its citizens which lead to the idea of printing money by the government, thinking that it will be a solution to the problem,without having the knowledge that printing money will increase  inflation. Secondly,the ongoing war between Russia and Ukraine is eaten up the economy and causing inflation. If you think that you are not part of the war, but you are partaking in the hardship that the war is causing. This is hitting hard on the third world country who have corrupt leaders and whose citizens can't fight for their right

This is happening because the US decided to print a lot of dollars in a very small amount of time, most countries have their reserves on US dollars, so the moment the US did that they lost a great deal of their savings and they became victims as well, not only that, such move weakened the US dollar and gave it a competitive advantage over other currencies which meant more exports and less imports for the US, so those countries faced a choice, to accept this or to inflate their currencies as well in order to combat those effects, and you should know what path they took.

The whole inflation emernated from the effect of Covid19 and till today, that is what we are still fighting even if we don't see the disease around. During that time, there were lots of zero Jobs, no food, no proper medications and all lock down, what do we expect after all that, it will definitely be economic lapses and any country who is not strong will suffer the cause after that, look at it today, US is also feeling the heat and my West African countries who are inexperience are all crying of the same inflation, no country is left out from this inflation and shortage of food supply.

Humanity has colonized the entire planet Earth.  This led to the fact that the whole world became one.  This is called globalization.  

Meanwhile, this was not always the case.  

For example, in 1933 there was the Great Depression in the USA, the closure of factories and industries, mass unemployment.  In the USSR at the same time there was an economic boom.  The five-year plan for the development of the country was successfully implemented (moreover, the plan was completed ahead of schedule - in three years).  

The modern world economy is based on a deflationary US dollar and interest on loans.

Under these conditions, high world inflation is inevitable.

I am actually wondering why the inflation is still within tolerable limits. Here in India, it is still in single digits. If you remember, back in 2020-21 during the COVID period, a lot of countries used that excuse to print unlimited amounts of banknotes. The M1 monetary supply suddenly went up by 3x or 4x in most of the countries. Given this, I was expecting inflation to shot up to at least in double digits. But somehow the excess supply of money seems to have vanished from the economy. I don't know where it went, but inflation seems to be under control now.

I quite agree with you. Today, countries of the earth are closely aligned with and dependent on each other for either resources and or energy. And when one major supplier of this energy or resources goes into a crisis, the countries heavily dependent on it would also go into a crisis.

Also, poor economic policies of a lot of countries would in the long run add to the economic problems rocking the country. The government response to the aftermath of the covid pandemic too probably has a part to play as to increase spending, more money needed to be printed and more money in circulation in the economy equals high inflation.

From the headlines, I think most of these countries are closely affected by the Russian/Ukraine war ongoing. Food shortage and low export/import rate has been the news coming out of that region. There is also the talks of the cost of gas across that region. No wonder other sectors and nation's around are suddenly affected by trying to adjust their prices.
Although, some countries are taking advantage or trying out new policies to see how best to checkmate prices and balance with their deficit  from budgets.
All these talk of inflation even started after the COVID -19 elapsed. It is more as a result of the rippling effect of world curfew.

In some countries, first world countries, I've seen the numbers of their inflation to be in double digits and that's not really surprising at all. And for those countries that has managed to keep it on a single digit then it only shows and good to assume that something good is happening lies in their economy. It's hard to tell if those numbers are being projected by the government itself. In the coming months, I'm also expecting that the inflation rate is going to be lesser and I guess we've just came from its all time high and managed to survived it. Still, I do get a lot of goods noticeably skyrocketed on its price and that had made my pocket so tight.

The modern world economy is based on a deflationary? US dollar? I am sure you meant to say the opposite, but anyway yes you are right that the hyper connected world is impacted when a crisis happens in one of the global centers for finance and trade or in a place where the world is dependent on for sufficient supplies in resources (Ukraine + Russia).

But there are still countries that manage to keep their inflation under control through smart monetary rules and policies. But there are also circumstances that due to its nature can either be more or less influenced by the government. Whenever it comes to monetary unions, as soon as the central bank makes mistakes or conducts bad policies, the entire union is inevitably affected automatically. The difference in the impact then results from the level of national debt and that is indeed a factor that distinguishes countries from one another in the European Union for example.

Trade and logistics have a major impact as well. If logistics are interrupted or even fully discontinued temporarily, prices for goods that do not reach their destination will go up as they become scarce due to external events.

That looks acceptable to me. Do you trust sources for these numbers? I ask this because in Türkiye there is a general belief that official sources explain inflation low. That's why independent companies do their own research and the inflation rate is actually much higher. Last year there was inflation in the 3-digit numbers. Although there is inflation all over the world, Türkiye has one of the highest inflation rates. This is something that can't be explained by the pandemic alone, the effect of bad economic policies on this is huge. There will also be an election this year. I'm curious about the results and the effect on the economy.

In short, its world trade. Each other has the other countries' back for their trade. That's about goods and even in services, there's a world trade on it and that's why the rotation goes on for each country's economy.

It was a domino effect and when small and poor countries saw what the USA did about printing money, they've also come up with that idea that they should also print money and will just deal with the effect of it afterwards and that's what we're dealing with now, inflation.

Regarding the trustworthiness of the monetary supply, I would rather consider them as reliable, as the numbers are published by the central banks. And regarding inflation, whatever data the government publishes seems to match with what I am witnessing at ground level. As per official data, inflation rate here in India right now is somewhere between 6% and 7%. And it looks accurate, when I cross-match the price levels of various commodities and services. That said, I don't have any information on how reliable the official numbers are for countries such as Türkiye.

The non independent companies are often influenced in their analysis  and journalism. The government media is the government and they collaborate to feed you with filtered and altered information that will control your emotion and mindset.
When the inflation is in 3 digits and information is released that it's in 1 digit.  You wouldn't know, while you will feel the impact of 3 digits, you will feel 1 digit.  That is the power of manipulation.

Inflation can be devastating to any economy. It also affects everyone differently and occurs for many different reasons. For example, an increase in unemployment might cause inflation because as companies lay off workers, they have to increase wages so they can stay competitive.

For an economy to collapse, many things have to go wrong at once. Communications between people and banks are crucial as information needs to travel quickly.  It's true that what goes on in one country or continent affects the others and it's also true that when one economy collapses, everything follows suit.

Despite all of this, it's important to remember that a weak economy doesn't necessarily mean a significantly weaker dollar. The U.S. may be going through tough economic times right now, but that doesn't automatically mean the dollar's value is going to suffer as a result—we could very well see inflation here in the States while a country like China experiences deflation. Ultimately, it's tough to predict what will happen with the U.S. dollar at any given time.

The answer is simple, every country printed lot of money in 2020 to keep their economy alive while there is worldwide lockdown so now the results are coming due to that excess money in the circulation. Also another reason is war between Russia and Ukraine affected the economy all around the world, increased the cost of fuel so people lost their spending power now feeling the loss to the value for the money they own.

Inflation is also a part of the world economy, and it has been repeated many times in the past and will continue to happen in the future. I believe that if there is no pandemic, no inflation war, inflation will still happen. Pandemics and wars are just catalysts for inflation to come faster and hit harder. Today's world is an interconnected chain that needs to rely on each other to coexist and develop, so if supply and demand are disrupted, it will cause chaos throughout the chain. Inflation is inevitable, we need to be better prepared for the next inflationary period.

Even during the global pandemic, there was talk that the consequences of this would be very tangible for many countries. I'm not sure if this has affected the whole world, in my opinion the Scandinavian countries did not succumb to this panic very much and they did not have such significant restrictions. Therefore, their position and economy is in a much better condition.

They did not follow everyone else, did not succumb to the herd principle, but decided to make decisions on their own, to some extent I support this approach, as we see it was right.

But besides the pandemic, there are a number of significant reasons that affect the global economy. In any case, it is also cyclical, after a period of development, there is always a decline.

Inflation is a classic problem that will continue to happen and be repeated, unfortunately many countries still use traditional methods so that inflation continues to occur, inflation occurs globally because the global financial system is almost the same, namely using paper, if we can go back to the old days when using gold and silver then there will never be inflation again, unfortunately many countries seem to use inflation to keep poverty.

I guess because all currencies are interconnected, I mean even a country's currency has value against another country's currency.
so it's like competing to be the best.
that is why if a currency like the USD experiences a decrease or increase it will have an impact on other currencies.

As far as I am concerned, I think that that is because of COVID-19 virus that made people conditions worse and in future it may impact more..
And I can see that there are some natural Disasters than we have ever seen. And Like Earthquake In Turkey, Wars like In Afghanistan, Yemen, Iraq and also Floods like In Pakistan and that was disaster for the Third Wolrd countries and that is concerning and insane too.

Not a single, even the most powerful state can now produce all the variety of products that both the state mechanism itself needs for its normal work, and the citizens of this country. Therefore, all countries are forced to exchange their products through trade transactions. If cataclysms periodically occur in one region, this entails consequences in other regions, since the established supply chain of products is disrupted. We can now see this in the example of the war unleashed by Russia in Ukraine.
Moreover, for the past few years, the coronavirus pandemic has raged in the world and all states, without exception, have been forced to spend colossal sums of money to fight it and suffer large material losses. All this affects the growth of inflation, its growth was predicted several years ago, when the coronavirus was just beginning to spread around the world.

In my personal opinion, as long as a country or whatever is in debt to the IMF/World Bank, inflation will continue to get to a critical point, right now the debts of all countries in the world are enormous and impossible to pay off. The situation will improve if the world bank is willing to forgive all countries' debts or there is a great reset and maybe a new currency replaces paper money.

The whole World has been ensnared in this degenerate system and will not be able to get out, Bill Gates, Jeff Bezos, Elon Musk are just a speck of dust compared to the people behind this system, they can create a world crisis in just a matter of hours. Please correct if I'm wrong.

The point you have mentioned about Turkey aid - isn't it recently when after the earthquake Saudi helped Turkiya?
However inflation is happening after the Ukraine war - Its the price of oil and gas which has affected the inflation since all the prices are attached to the transportation.

I think the thing that makes an economic impact can happen simultaneously around the world because of a chain or attachment between one another, as we know that no country can fulfill its own needs, so it will work together to bring in raw materials or to sell production, Naturally, if there is a problem with one country, many developed countries are trying to provide assistance so that it does not have a widespread impact.

While printing money does cause inflation, it is not until that money begins to circulate when you begin to feel its effects, during the first world war Germany printed a lot of money and yet the inflation was very low, this was because the German citizens afraid of what it was to come saved every single penny and did not spent it, but once Germany lost the war and all of them wanted to use their savings to buy the small basket of products available inflation went sky high, so my suspicion is that a great deal of the money printed by the governments went to the stock market.

More precisely producing more money in circulation is the inflation, its in existance at that point of production.   However the system we use to measure inflation only notes inflation apparent when its registered via higher prices on the high street, it filters down from the QE bonds of very large amounts eventually into the smallest transaction sizes.     Some of the inflation of the last 20 or 30 years will not appear until pension funds have cycled as one of the largest buyers of QE bonds are other government departments who represent millions of people with no choice in the matter.
  When people retire and rely on that value to be there in their pensions, it will much harder to find unless growth exceeds inflation.  It will be decades before the full picture is known and those in politics who allowed the excess debt to be put into issuance for their various schemes will be long out of office and probably dead.    Its far easier to create inflation via debt then justify to a population why you are now more obviously and increasingly taxing them in direct greater amounts.

I am looking from different prospective inflation is rising levels higher than we've seen in decades, for reasons largely related to spending practices and other factors of the pandemic, as well as Russia's invasion of Ukraine. Inflation can be reduced by making people understand about investing money, potential for long term returns. While cash is undoubtedly safer than shares, it's unlikely to grow much as money losses its value over time.  :-X :-X :-X

Inflation comes from an increase on the money supply and this happens because the governments and banks print too much money, the participation of the average person in this process is minimal, the governments are the ones that should learn how to live with as little as possible and stop creating more bureaucrats for every single problem they have to face, however this is never going to happen until the fiat system collapses and they have no other option but to become way smaller than what they are right now.

Almost all countries around the world are facing inflation problems. It just depends on the skill of a leader as to how he will find a way to control the price in the market from basic commodities and others.

      Every country cannot avoid it either. that is why the rate of each country's currency is different because of the inflation they face.
So if the leader of a country is careless, for sure the value of their currency will fall.

Yes, a hot issue and most frequently discussed. Inflation is a complex economic phenomenon that can be influenced by a variety of factors in my opinion. There is some truth as you convey. Economic policies implemented by countries during the pandemic such as increasing spending and printing more money to avoid recession have contributed to inflation. However, that is not the only cause of inflation and other factors such as supply chain disruptions, increased demand for goods and services, and rising commodity prices also played a role. My view, Inflation is a complex phenomenon that is influenced by many factors, and it is important to consider all of them when trying to understand its causes.

Could attribute it as an aftereffect of the overprinting most countries did during the height of the pandemic. Most countries during those times are eager to help their citizens cope so loans, stipends, allowances, and cash grants (most famous of which are the stimulus checks) are what countries employed to help people have something to spend and still enable the economy by encouraging people to purchase despite the lack of business movement. Since thingns are settling down and the establishments have once again opened their doors to the public, the effects of the overprinting kicked in which lead to the apparent inflation rate increase across the planet. This is not to think that these governments and authorities all banded up to devise a plan to make their currencies even more useless, just a normal course of things.

Inflation affects most states at the same time, primarily because strong economic ties have developed between them due to the fact that not a single modern state is able to fully ensure the production of all the necessary goods and products for the normal existence and development of its economy. Therefore, a certain specialization has developed in the world depending on climate, soil, natural resources, concentration of production capacities, and so on. Failure in one part of this specialization automatically causes failures in related production and supply. Well, significant cataclysms and phenomena such as the coronavirus pandemic generally hit the economies of many states at once. All this leads to world inflation after some time.

I agree since countries do have financial links in terms of trade and commerce and this would result to an effect to the overall economy of one to other since the specific economic factors that driven the rise of inflation in one country could have a domino effect on the economy of the others. Also, we can never deny that all countries are hit by the pandemic and some economies were hit hard causing some economic issues that is still felt up to this day. It may seem that pandemic is over, but we can still expect to see its effect on each country's economy and how would affect others.

Isn't the reason very clear. That is, everything really started from the Pandemic that hit almost all countries in this part of the world. Many countries have printed a lot of money during the pandemic and distributed it to the public as aid. and so that people can still shop even though at that time several areas were quarantined. Because if this step is not taken, it is precisely during the pandemic that economic paralysis can occur due to the flow of money which may be hampered due to quarantine. but because the steps to printing money were indeed effective in avoiding the paralysis of economic flows in that country at that time. but the real problem happened after that, when the pandemic ended. Too much money in circulation will make the value of money decrease slightly and cause a sizeable increase in prices (inflation). and after that the central bank simultaneously raised interest rates to slowly withdraw excess money circulation so that inflation was again under control. and this is happening all over the country. so it is not surprising that all countries experience inflation. The second factor is due to war and natural disasters.

Because We live in a global economy where all countries are connected to each other. Inflation in one country can affect other countries in various ways. For example, if a country experiences high inflation, the prices of goods and services imported from that country may become more expensive for other countries that buy them. This can cause inflation in these countries if they are forced to increase the prices of their products to offset higher costs.

In addition, crises in major countries such as the US, China or the European Union can impact other countries with which they have close economic ties. This crisis can cause their currency to depreciate, and this can cause imported goods to become more expensive. In such a situation, these countries may have to spend more money to pay for their imports, which in turn can fuel inflation. Another assumption is that inflation can also be caused by internal factors, such as increased domestic demand and increased production costs. because inflation is not always caused by crises or external factors. However, external factors such as the economic crisis can exacerbate the inflation situation and result in a wider and more serious impact on the global economy.

I think as much as it is domino affect, there is also the reason that whatever caused the inflation in one nation, probably caused it in the other as well. Like for example the pandemic was the start of it, and it wasn't just in one nation, it was all over the world and every government had the same reaction to it, which was printing more money.

There was no money in peoples pockets and in order to keep everyone at home they needed to give them some money to keep them staying at home, and that is why I believe that most of them just printed money and gave it to people so they could not work, stay at home, and still survive as well. This resulted with every nation to have a higher inflation, even though it was domino to each other, it was terrible individually for them as well.

It is happening because of the lockdowns that happened in 2020 and 2021. The whole world economy stopped for many months. People didn't go to work and the governments handed them out free money. The central banks all around the world printed billions and billions of their local currency. You don't have to be a rocket scientist to see why is that happening. People that are governing us, people who are supposed to be smart, they all fucked up pretty bad... or.... this was all intentional. Which one you believe? Do you think they are stupid?

In my mind, I've been thinking who invented this inflation because it sucks. It's not just sucking my life but entirely everyone's life and all of us do suffer from all of these increased prices of commodities and services that we use. Whilst our salary remains stubborn and don't have an increase that's enough to cover these inflation rates.

When everyone is aware that there are only two permanent things in this world which are death and taxes. Make it three and include inflation.

Since the world economy is interconnected, and there is no longer such a thing as everything needed being produced in one country, inflation in one country has an indirect effect on the economies of neighboring countries - and further down the chain. The problem is that it is still difficult to find measures to effectively reduce inflation

Unfortunately there is not much that can be done as inflation is just a symptom and not the real disease, the real problem is that governments and banks keep printing money for no reason at all, abusing the power they were giving by their citizens, this is like someone having an infection on their body and as a consequence their body temperature goes up, treating the increase on the temperature could be important but it does not resolve the cause of the problem at all.

Reverting back to a standard where currency actually was representative of something tangible would be sufficient. Seeing as all the global inflation is due to COVID related money printing, you would only need a system that disallowed you to generate new currency units.

Bitcoin is the only solution that actually works in a modern era. If currency was based on tangible assets, the protocol could be shifted away from that standard at any time. Bitcoin doesn't have this issue because we're forced to obey the protocol.

Maybe one of them caused it. nowadays even the awareness to save and invest seems to be getting higher. so that a lot of flow of funds goes into the realm of investment, be it crypto or stocks. but the one that has the highest increase is the crypto realm. Inflation is currently under control because the government itself has found the right solution to handle it. such as raising interest rates that make people deposit more money in the bank to earn interest. And some invest in property and other things. So that inflation began to be under control. but the current global concern about the issue of recession. it's just that it seems that it can happen when people start to save extremely. so that the velocity of money continues to decrease over a long period of time. And now the indications of this are starting to show. inflation is almost under control. and a Recession could then emerge. and to overcome this I think that soon the bank interest rate will be lowered.

There are so many factors why inflation occurs, so it's not just the fault of the leaders who are careless or the negligence of the leaders, everything that is happening like what we are feeling today is because of the covid pandemic, all governments allocate state budgets for development and others pile on solving one problem namely covid and apparently most governments couldn't solve it with the amount of money they had at the time so they were forced to print more money to deal with it. the circulation of goods became scarce because production activities were not running which prevented money from circulating as it should be in the normal cycle but only focusing on a few needs, this also pushed up inflation.
Today there are still many governments suppressing inflation in their respective countries, including the US, which is said to be in a position to fight their very high inflation.

It's not today that money has been printed and it's not all countries of the world that are printing money at the same time, this proves that the reason for global inflation is beyond this, it is a global issue. The US, for example, had printed money in the past and did not trigger hyperinflation since there are measures.

And yes, policies and careless decisions cause inflation, still, it's not all the time that this is happening in countries and still does not trigger global inflation in most cases.

As for me, what causes this present global inflation is too much dependence of some countries on other countries for goods and services and the war between Russia and Ukraine. In such a setup, when something goes wrong in those contributory countries, it has a chain reaction in the dependent countries as we see it now.

Mind you, no policy is perfect and there are always good reasons for them. And the policies that worked this time might boomerang without much reason for it at times, nonetheless, the effects stay in the country most times, not what we experience globally now.

Governments are trying to mix the definitions so people do not blame them for what is obviously their fault, when the price of a set of products goes up there could be many reasons why this is the case, like scarcity of the product, delays on the production or the delivery, a sudden increase on the demand and so on, but those effects are temporary, inflation is an increase on the money supply and its effects are permanent as governments never make an effort to decrease the money supply once they have increase it.

I completely agree with this statement. Inflation is often falsely attributed to temporary market conditions or external factors, when in reality it is caused by an increase in the money supply by governments or central banks. This is a form of financial manipulation that can have far-reaching consequences for everyday citizens and the economy as a whole.

When governments increase the money supply, it devalues the currency, which can lead to rising prices for goods and services. This erodes the purchasing power of people's savings and can hurt low-income individuals the most as they struggle to afford basic necessities.

Governments and central banks may use inflation as a tool to stimulate the economy or pay off debts, but it comes at a cost. It can lead to economic instability and even hyperinflation in extreme cases.

Instead of 7-10%+ range, we are back to 4-7 range nowadays and I am sure that in another year by 2024 we are going to have a 2-4% range once again like the old days. Which means that high inflation already happened and that's over, we are getting better, the prices do not drop, it went up and stayed there, but now we have a chance to fix our income to match that.

At first when the high level of inflation happened, that was hard to handle because our income was small compared to that, but now that everything is getting back to normal, if you get like 10-15% salary increase whereas the inflation is 4% then you actually get more money, it was more like 10% salary increase but 15% inflation so you lost. I think in a few years we will all be doing a lot better thanks to this.

as far that I know Inflation is always happening the rate somewhere around 1-2% per year.

But at the past year inflation is out of control or above government wants and why is happening all over the wold at once I think because the domino effect

- Covid 19 I think the first problem of high inflation, the first 21st century pandemic.
- War russia and ukraine russia like it or not is biggest supplier of oil and gas while the ukraine is one of the biggest exporter of wheat
- and government decision itself against the inflation

and so many things wold is still at recovery phase but the problem keep coming hahaha

Inflation is a common thing in almost all countries, in my opinion this is because countries use paper money that is worthless, it's different if there are countries that use gold and silver so the value of money will continue to follow commodity prices and will never drop like what happened to paper money.

I think main thing that triggered this inflation waves was obviously covidonomics. Nearly all governments of the world printed money out of thin air to pay wages for working people that didn't work. Obvious. But also, there is huge supply crisis going on right now. Even with containers. Global trade isn't as cheap as before. Production costs were increased. Chip crisis is bonus over top of it. I think only thing to do is to pull money from markets. Some countries raise interests do it but that can cause another issues. Hard to tell for me.

I think the factor that affects inflation can occur simultaneously throughout the world is due to the increasing dependence of a country on other countries, for example oil dependence on other countries will of course have a big impact on the economy, when oil-producing countries raise oil prices, it is certain that inflation will occur in many countries. country even global impact.

Let's take a look at the current impact of inflation which has pushed countries to migrate from dollars to yuan. Didn't the Brics become the pioneers to fix inflation. When the United States experienced inflation, all were affected. Even more so after the pandemic required a country to make full repairs to the country's economy in order to stabilize income again. Dedollarization is still related, which means that foreign countries' trust is no longer concerned with US policy.

Inflation is the common factor in the economy,because it cause at two different reason.If the demand increase above the product supply,it leads to the inflation.So the market create the inflation and make the producers to produce as per the demand was increased.When the product demand was increased,the government itself give the wavier to the manufacturers.So the final product was produced and the supply meet the demand of the economy.The inflation was solved and economy condition became a normal.If the product supply cross the demand ,it also cause the inflation to the economy.It will be solved by increase the money supply to economy.

Pandemic + supply problems + very high employment.


Lots of money was printed during the pandemic. Once everything started back up and people started spending money again that naturally leads to higher prices.

Supply problems occurred after the pandemic. There were shipping blockages and also demand slowed down so shipping slowed down then when economy started up again shipping amounts couldn't handle supply. More demand and less supply leads to higher prices. Same thing happened with gas, plus Trump negotiated with middle east oil industry to ship less oil for a couple years so when things started up gas shot up. And then the Russia-Ukraine war happened, affecting gas prices even more. And of course with higher gas prices the cost of shipping goes up even more so prices of everything went even higher.

I don't know about other nations but the US has very high employment past 1-2 years since the pandemic started going away. Because employment is so high that means when companies want to hire they need to pay out more. Wages go up, more spending, higher prices on everything.


All these things built on top of one another to create high and persistent inflation.

For now inflation is a common phenomenon in various countries, right as OP said one of the main reasons is the increase in demand for goods and services, coupled with the shortage of supply and overprinting of money by the government.

In addition, if you look at inflation, it can also occur due to external factors, such as changes in international commodity prices or exchange rates. For example, if a country is heavily dependent on imports and the value of its currency decreases, it can cause prices to rise, leading to inflation. In addition, political instability or natural disasters can disrupt supply chains and increase the price of goods and services, which contributes to inflation.

While gold and silver can provide a stable store of value, they are not without their own drawbacks and limitations as currencies because they are not the most practical or efficient currency for a modern economy.

It is felt when the central bank takes other actions to fight inflation through measures such as raising interest rates and reducing the money supply what has happened. This policy has caused an increase in the money supply causing inflation to occur. Good intentions indeed but it takes time to fully manifest in changing economic conditions to stimulate their economy during a pandemic.

Inflation is happening all over the world at once is because of the global supply chain shortage during the pandemic, which have led to shortages of goods and services and increased in production costs. Most of the countries are experiencing this kind of inflation, a lot of people are affected due to high cost of foods, recession that leads to unemployment. Thus many people are having a hard time dealing with the inflation, because their budget for their daily needs will be tighter. The people who had been laid off need to find another job to be able to survive.

We must understand that this global economy is like a blockchain chain so that if there is a chain that is disturbed or broken it will have an impact on others, this is certainly natural because the world has good cooperation, and of course other factors are debt and inflation that occurs, if there is Countries that fail to pay debts, this will make difficulties and eventually also have an impact on other countries.

I think because all countries are interconnected, for example a country establishes cooperation with other countries, then the country experiences problems, of course the countries that work with them also experience problems or are affected by these countries because they have worked together both in the export of goods and other things. other.

In economics it is said that if the money supply of a country increases then inflation occurs in that country. There may also be other reasons such as wars and natural disasters. In the current context, the effects of war are almost everywhere. As a result of the war in Russia and Ukraine, the production of goods or agricultural production greatly disrupted. As a result, the demand is high and the productions are comparatively less by this reason major impact fallen in around the world.

As we know the US dollar is the main reserve currency around the world, and we know as well that they printed a massive amount of money during the pandemic, this forced foreign governments into a very difficult position if they did not printed more money like the US did then the US will be able to export more products as the US dollar will become weaker, while the opposite will happen to them, however if they printed more of their own currency then they will suffer from high inflation, and due to the effects that we are suffering it is easy to see which one of the options they selected.

The biggest problem a country faces when the economy plummets is unemployment which causes further issues among the masses since there is already high inflation, on top of that, people find it difficult to find or stay at their jobs since companies start laying off their staff to cut down expenses and survive in difficult times.

Those who get laid off find it too difficult to get work and earn a livelihood for their families. Such times are too difficult for the citizens, countries with sensible and good governments do everything possible to tackle such issues while in some countries, the government doesn't even care for the lower classes.

This inflation has been a headache for a long time in all countries around the world, to be honest. Since it cannot be removed from every country, this is where the ability of a leader in each country can be measured as to how he will solve it without affecting the economy of the country.

And as far as I can see, the leaders of each country are doing it in my opinion. Because if not, the number one thing that will affect the goods of the people they are in is the number one thing.

There are many factors that increase global inflation, but I think the most important was the energy crisis. We have experienced a global energy crisis. Energy prices have reached new highs and continue to do so. In this case, we all had to grapple with a common problem, but countries dependent on foreign energy have to grapple with bigger problems. Also, we have all faced problems in the balance of supply and demand. So, because we have common problems, we faced a common problem. In order to solve these problems, we need a common mind that can provide an environment of peace and trust.

The amount of money in circulation continues to increase will cause inflation in a country, this will have an impact on prices which will also continue to rise. If the amount of money in circulation doubles, prices will also double. An increase in the amount of money in circulation can occur, for example, if the government uses a deficit budget system.

Not just that, the other factor is an increase in oil prices. Everything that we consume is being transported and these vehicles are required to have oil or petrol for their transport.
And that affects the commodities and goods to have higher prices so, with these situations that we're having, it takes a lot of effort for a government to take down these price hikes.
But I know that there are counties that manages to lessen the inflation rate that they're taking and that's also because of good governance and how they're planning well dealing with these unforeseen incidents related to economy.

The world is a global village and different nations inside it depends on the goods and services of each other to survive. Therefore inflation in one nation will somehow spill into the nation that they supply goods or services to. In turn the supplied nation will also have something to transaction with another country. So the oil that touches one finger will find it's way to affect other fingers.

Like some members have commented here, any global disaster will somehow affect the economies of all the nations. An example is the covid19 pandemic.

The answer to your query is very straightforward, Out of 195 (https://www.worldometers.info/geography/how-many-countries-are-there-in-the-world/#:~:text=Countries%20in%20the%20World%3A&text=There%20are%20195%20countries%20in,and%20the%20State%20of%20Palestine.) countries 65 countries (https://www.investopedia.com/articles/forex/040915/countries-use-us-dollar.asp#:~:text=4%20The%20U.S.%20dollar%20remains,States%20maintains%20a%20strong%20economy.&text=More%20than%2065%20countries%20peg,their%20official%20currency%20of%20exchange.) are using US dollars as the national reserves. (it could be more). The point is, Devaluation of the US dollar will cause to decrease in the value of national reserves as well and they will bleed with the US dollar. As it is happening right now.

People in my country are earning in PKR and their wages were incremented from 25k per month to 30k pkr (lower wages for labor). While the overall international market is earning more but the prices are almost the same. Which increases inflation. The financial system of all over the world is broken because big investors (4%-5% of the overall population) are controlling them.

Banks are making it easy for people to borrow more money and more money in the hands of people causes more demand of supplies which increases the prices (inflation) plus to meet the gap banks increase the interest on the loans which in return effects the overall economy in the long run if proper practices were not adopted (by the government) which results in bankruptcy of Banking system and USA dollar will start to bleed and other 65 countries will also bleed with them.

Because of a couple of reasons.

For one, the Dollar which is the global standard currency is failing. Mainly due to the fact that they abused the fact that they aren't backed by gold anymore by printing more money than they can handle during the height of the pandemic. Which I see as a way to help julpstwrtbthe economy and help the Americans get by during a time of great need but it's coming back to bite them in their asses.

Another reason is the fact that we are in a global crisis. Wars left and right, economic and housing collapses left and right because of the pandemic and uncontrollable greed by tycoons and corporations, among many others. Every transgression made against the average joe is coming back to bite the people in their asses basically. The problem only being the fact that it also would affect us because well we use money for everything.

It's because the whole world became so connected and most big corporations have a global supply chain. The manufacturing and production of most goods happens in different countries then where the products are being sold. And between all those countries you have a huge logistic industry that relies heavily on cheap fuel and energy. Let's say a company buys cheap material around the world that will be shipped to country A for production and then shipped to country B to be sold. If now food prices rise globally, the workers in country A will ask for a higher salary which will lead to higher cost for the product. On top of that are fuel prices rising and making the transport more expensive. This means that in country B not only fuel and food prices are rising, but also all the products produces in country A. So the salaries in countries B have to rise even higher. It's a spiral that keep spinning globally and it's hard to stop.

Inflation happening all over the world all at once because of some like increase in money supply, rising of production cost of different manufacturers including the high cost of raw materials, the high demands for goods and services. The causes of inflation may vary from different countries. I think the most contributor in inflation is the pandemic we had faced due to Covid 19 it caused a lot of shortages of goods from other countries. It also result in downgrading manpower and cutting costs.

In my opinion, the thing that influences inflation to occur simultaneously around the world is because of the ease of getting information and global trade or transactions that are getting easier, when there is inflation or a fantastic price increase for a product in a place or country, it will be easy for someone to meet those needs, and when the country of origin experiences a price increase it will automatically affect the consumer country.

I believe it's because of globalization. Even with different economies, policies, government, and such. Every countries are working very hard to be in good terms with other countries because it'll benefit their economy. Being in good terms with other countries gives you easy access for trading, importing and exporting goods, and making allies whenever you need other countries help. Also another thing is getting loans and investments from your allies. You can apply the saying "no man is an island". You'll thrive when you have connections and help from your friend country. And since countries are trying to be close with others, when one country faces a crisis, it'll also affect another country. For example, if one country's economy starts declining, those countries who lends that country or when they have investment, it'll affect them. Also in trading. Since countries are importing and exporting goods, if there's an inflation, that will also affect the amount they can import or export.

Inflation is the great equalizer. It makes no difference if you're wealthy, poor, young, elderly, or if you're a lefty or a righty. A unifier of nations that has thrust us all into a financial arms race. Who, though, is responsible? Aaaah, those banks! Taking the fun out of the playground by stealing the kids' toys and reselling them for a profit. Investing heavyweights? Don't start anything! They are the cosmic puppeteers who set the world on fire. Nevertheless, at least we're dealing with this together. Let's work together to stop inflation and bring down the powerful. Working together, we can make a difference.

Energy crises and war are only catalysts for higher inflation, not the cause of global inflation. In my opinion, whether there is war or not, energy crisis or not, inflation still occurs, which is caused by the government printing money out of control. It can be said that the government is having a hard time managing our economy, and every time something goes wrong, they can't find a better solution than printing more money. And when prolonging the money printing will lead to inflation is inevitable. This is not the first time that our economy has had inflation.

This can be one reason for the inflation which is make by the government of any particular country. Do you think current inflation is make by the government? Defiantly not in most countries today, inflation has been identified as the main reason for the War which is consisted by Russia and Ukraine. Generally, if the demand of any product increased in the market, people have to buy that product with more money. Due to the war, food shortages and a large fuel crisis make a big impact in the market. As a result, the cost from both sides has increased a lot.

There are numerous worldwide events that have an impact on the economy and aggravate the inflation crisis. The government cannot handle it immediately, and we must deal with it. Natural catastrophes and geopolitical events can all have an impact on the availability and cost of products and services. When supply is limited, prices may rise.
As ordinary citizens, we can't help but look for alternate ways to survive this humanitarian crisis. We should seek out as many work options as possible in order to triple our wages and afford a standard of living.
I don't think the inflation situation will stop any time soon, therefore as it worsens, we need to strengthen our foundation through proper financial management to be able to deal with it.

It is so surprising that even the United States is battling with the problem of inflation that had made a lot of fans to be agitating for Donald Trump who was the previous president to come back to seat because his regime was quite better than the one of Biden which is the current president. The COVID-19 had made things becomes more complex and difficult for people to adhere to because of the rate of inflation that had made so many to think of how they are going to survive the high surge if price of goods. We'll hope this will stop soon but we are not certain how long it will continue.

Economy, culture, politics, all of this may vary from continent to continent. But the major need of people which are food, clothes etc, will still remain the same. When that is lacking, and it's the government who are unable to ensure that, they just simply print more money in order to circulate them. That's how demand makes something's price go up. And in order to tackle that situation, more money is needed.
Export and import of goods slowly spread the economic crisis to other countries, and in the end, effecting the whole world. This is what I understand. Correct me if I'm wrong.

Over the past hundred years, technology and technology have become much more sophisticated in the production of a variety of goods. Now no country in the world is capable of producing all this variety of such goods. Therefore, there is a certain specialization of countries in their production, taking into account various factors, such as location, the state of the economy, the availability of energy resources, transport routes, and so on. Therefore, if failures occur in certain regions, they immediately spread to other regions of our planet. This generally explains the effect of simultaneous inflation throughout the world.

Not that commonly though, there is a difference. I mean this one was caused by pandemic as it is not about war at all or energy, this one started with something that impacted the whole world, we all got closed down in our homes and governments printed out money to give us so that we could live without problems and that printing of money caused inflation.

However, all wars and energy crises end up impacting inflation as well, we do need energy there is no way around it and we die when war happens, these are all true. This is why it is important to remember that they are not helpful neither, they may not impact it instantly but it is better when we do not have that and we look at something that will benefit us a lot more, like peace and alternative energy sources.

Inflation has seriously hit some countries that the rate of poverty in the country keep increasing with time. If this should continue this way, I don't know how the world would be in 2030. It's high time something should be done to correct this.

IMO, Fiat is monopoly money, going back and forth is also wrong. The higher the interest rate, the greater the inflation and if the interest rate is lowered, the inflation will remain the same, but the effect will be different. because it is the monopoly nature that refers to the fact that only the government has the authority to print or issue such fiat.

Because Inflation is a complex economic phenomenon that is influenced by many factors as well, including monetary policy, fiscal policy, demand and supply and external factors such as commodity prices. Inflation can also be affected by global events, such as fluctuations in world oil prices or changes in international trade policies. So, inflation occurs all over the world because there are factors that are interrelated and vary in each country. That's why inflation occurs all at once throughout the world.

Inflation is happening all over the world at once due to disruptions caused by the Covid-19 pandemic, expansionary monetary policies, geopolitical tensions and trade disputes and rising commodity prices. During the pandemic it caused shortages of goods and services as well as disrupted of supply chains, which led to increased prices. Central banks around the world have implemented expansionary monetary policies, such as low interest rates and quantitative easing, to stimulate economic growth. While these policies have been successful in boosting demand, they have also led to an increase in money supply, which can lead to inflation. Geopolitical tensions and trade disputes have disrupted global trade and increased the cost of goods and services. Commodity prices such as oil and gas have also contributed to inflation.

yeah that's right. In essence, everything really started from the Covid19 Pandemic which hit almost all countries on this earth. So it is only natural that now the economic impacts experienced by all countries also have similarities. Starting with inflation caused by various factors as you mentioned. and also then the other fear right now is RECESSION. where the level of economic growth has not yet recovered and the unemployment rate has also increased quite rapidly. but this recession is also the result of the government trying to avoid inflation by raising interest rates which makes the circulation of currency withdrawn slowly. so that the economic downturn also occurs. And now even the US has temporarily stopped raising interest rates because a recession is in front of them. but in contrast to inflation that hit almost all countries. it turns out that the Recession did not hit the whole country. because in Asia it seems that the recession is not too worried for some countries.

That's not always the case, although I do agree, the bigger factor would probably be the leadership in a country because if the government is corrupt, even if they're not affected much by their relationship with other countries, the economy will still suffer because corruption robs people what they deserve. So even if you say that the world is a global village, each village doesn't really like it when other villages try to meddle with their affairs. It won't be labeled as a global disaster if it doesn't affect everyone in the globe.

There are many factors that cause inflation, not only the excessive printing of money but there are also other factors caused by supply that trigger an increase in the bid price of an item, including goods that must be imported into a country. as well as the prices of goods controlled by the government such as the increase in the price of domestic fuel oil, the increase in world oil prices and the increase in the basic electricity tariff. Supply activity has a very significant impact on inflation in a country or even the world.

Apart from this, the continuous increase in production costs over an uncertain period of time can also trigger inflation in a country. But in simple terms, the impact that directly occurs is on the supply of goods. In addition to other causes, inflation is caused by increased demand and increased supply. a situation where supply and demand are unbalanced or demand for goods and services increases. This is what causes production factors and the availability of goods to experience a downturn and substitute goods to be reduced, limited or eliminated. This moment is usually used by sellers to increase the price of goods drastically causing inflation.

Through the trade, import and export every economy is connected to each other. This means everyone have got the advantage and better money making on some products. When this gets affected the entire budget gets affected. This is a major cause. Another thing is the additional need, based on the budget the allocation for specific need will be specific amount, but the inflation doesn't let this to be fulfilled. This also causes additional money requirement. So, the planned money flow won't happen and more compromise takes place. From COVID every country have affected with its supply and the money shortage have arisen. Some countries kept printing currencies and that causes heavy inflation.

Whats the statistic that I saw, one quarter of all dollars ever created since the origins of the USA have been done in a single year recently.   If thats true you dont need any elaborate explanation for why there is a sudden lump of rising prices occurring.   The face value of a currency note must equate to a value exchangeable in some way, if all they did is produce suddenly twice as many notes then the value halves and every price doubles.     To me the most simple reason is also the most likely.

Inflation can occur globally and has a domino effect because no country can provide for itself, it is proven that when a country is subject to an economic embargo, the country slowly weakens, interdependence makes problems impact other countries, this is the source of the problem why inflation can occur over the world at oncee.

I coincidentally saw your post here and read that you believe higher interest rates increase inflation, but do you understand why the FED increased interest rates significantly for a while now? Because higher interest rates incentivize people to hoard their money instead of spending it, thereby removing it from circulation. Higher interest rates are supposed to decrease inflation and that does not only count for daily purchases in the super market, but also to the real estate market. A hike in interest rates make it harder for people to borrow money, buy a house and repay the mortgage. Less mortgage-financed houses means less demand for houses, means house prices go down as less demand meets more or less stable supply. I say more or less stable because I assume that the supply side is less elastic to interest changes than the demand side. I actually didn't check that, it is my assumption. But to summarize, increased interest rates are supposed to decrease inflation, not to increase it.   

The world is interconnected and this plays a major role. Countries rely on each other for sourcing of goods and services and thus when inflation hits a country, it affects the prices of importation of goods leading to higher cost for the other nations and can contribute globally. Also, currency exchange rates can influence inflation such that if a country’s currency depreciates drastically, the cost of imported goods also increases. Trade relationships, foreign investments, financial flow, amongst others link countries together and can contribute to a global economic downturn.

There are many causes to inflation and this is what is commonly affected to most countries in the world, the natural pandemic occurrences constitute to this, low economy performance also increases the chances for having inflation and when the country is too dependent of other countries for their existance, there need to be a way we can adopt to develop ourselves by being independent and take measures to reduce the rate to economy lost globally.

This is a factor that must be prioritized for initial treatment. Many people who complain about the increase in the price of staple foods here are not the reduced supply, but the government's policy in dealing with prices not to increase beyond reasonable limits. What is causing it is that the average person's income is no longer enough to handle it and other issues. Just like a car if there is no oil which one can run??

The main reason is that in times of covid, almost everything stopped, economists warned about the consequences of this actions, and they predicted that this would not happen immediately, but after some time.

At that moment, to stimulate this comic country began to print a lot of money. Most countries with higher inflation and without covid have been printing a lot of money, and in times of crisis this value always increases. The US also surprised with its decision to print so many dollars, which also had a global impact on the entire world economy.

The big problem is that governments don't see any other way to save economy other than printing new money, which is the easiest way they know of, but it has never led to good results globaly.

Inflation can occur simultaneously because many countries depend on 1 or 2 currencies such as the USD, and we know that America is currently experiencing many difficulties so that when economic problems occur with the owner of the world currency it will automatically spread to other countries throughout the world.