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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?

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.

Economic experts are not perfect, they are only speculative based on their experience and the available data at their disposal, so their speculation might be right or wrong. However, it should be noted that inflation is a global issue now and might have subsided months ago. But the recent inflation figures are now causing panic again as the curve is now shifting higher globally.

https://i.postimg.cc/jjqJDBJN/US-inflation.png (https://postimages.org/)how to check if my keyboard is working (https://keyboardtester.co/)

The US which is most referenced in this regard since its currency is vital to the world, is facing increased inflation and it was not a good figure last month. Experts believe that it will be rising till 2025 as you can see in the graph above, so we should get ready for it. While below image shows the last CPI figure of the US. The previous value was 0.1% and the last value was 0.1%, which speaks that inflation is still bitting.

https://i.postimg.cc/DyMmTsPQ/CPI.png (https://postimages.org/)

And for your reference, inflation doesn't necessarily have to grow with the rates as I've experienced, other factors are contributing as well. It's the USD that has the blessing of inflation as the currency is a Safe-haven asset.

We cannot avoid inflation that will occur in the next few months. This is due to unstable global geo-political problems, weather problems, and many other problems which cause inflation to occur. Even the most real threat is that the US will default if the government does not find a meeting point with parliament. It will threaten the American economy and there will be many people who are threatened with being fired and it will disrupt the stability of the US economy. This default problem can be considered quite massive for the US and could have an impact on the world, even though it is not too significant, it can cause inflation for other countries. But you don't need to worry too much about the problem of inflation, as long as you are sure that you have enough money to survive, you should be safe.

Inflation is creating a major problem everywhere in the world and it affected local and global markets heavily. The whole world is going through a bad time today due to inflation and it is slowly taking a dire shape. A few days ago, the alliance of oil producing countries OPEC Plus said that they will reduce their production. As soon as this news flushes, the market begins to have a major impact. They decided to reduce oil production by 1.6 million barrels per day and on the basis of their decision the current situation is starting to get worse. They said that this situation will continue till the end of this year.

Inflation is increasing every year and this year also it will increase. You can take some steps to fight against it like investing in good stocks instead of keeping money in banks.

If the factors that cause inflation still exists, then inflation levels would no doubt rise. But mind you that this is somewhat a global issue and is not peculiar to a particular country's economy or currency. When the Corona virus was at its peak, the measures taken by governments around the world to curb it was definitely going to result in inflation, and that's what's happening now, coupled with other world issues like physical and economic wars, as well as sanctions.

Having said that, we're not really in a crisis as people tend to say, that is a misconception, the dollar isn't going extinct as many people want to believe, and most governments of the world are working continuously to stabilize the economic situation.

inflation does not increase every year. Prices go up every year if there is no deflation (and usually there isn't) and inflation fluctuates up and down.

And what whill happend in 2023 and beyond? in my opinion, the scenario of 1940 and 1970 (previous periods of great inflation) will repeat itself. What happened then? After the initial inflation spike and decline, there were 2 more waves. it all took about 10 years before we got back to normal.

Something like this:
https://s3.tradingview.com/snapshots/d/dcJ5Iawd.png

So 2-3 months of inflation going down before turnover.

The global inflation in 2023 is definitely going to be lower than the 2022 inflation(unless World War III begins). I cannot predict exact percentages. Do you really want someone to try and predict the future of the global economy for you? Not going to happen. ;D
Some countries are going to have lower inflation than others, but the overall situation is going to be better(until the recession kicks in).
The markets are unstable by nature. Low price volatility doesn't mean stability. I don't rely on the opinions of economic experts, because I have a degree in macroeconomics and I'm not that dumb. ;D

Unfortunately yes inflation is going to increase more in 2023 because of economic instability and I am specially talking about third world countries and developing countries their currency is not stable and that is the main cause of inflation plus the debt burdens on those economies are crushing the poor and middle class people.

However, inflation will still occur and has become a pattern when the government is still printing money, especially in the US, which is now just waiting for an official announcement. So we only need to prepare for all possibilities, and various anticipations in order to survive amid the onslaught of inflation that will occur. Whether relying on the opinions of economists or not, it is clear that there must be certain benchmarks so that vigilance is maintained. Each country has its own inflation percentage but it is possible that the increase in value will be quite high compared to the previous year.

How ironic that you are doubting economic experts' research and finding its validity in a forum discussion.
Even when there is no official statement of banks of any country according to you. It is evident that inflation is real and it is continuously growing. Prices are going higher, be it food, materials, products, or services. It is also in many forms like shrinkflation where product packaging is getting smaller. What more, the only sword and armor you can have against inflation is price appreciating assets. Have an investment. Bitcoin can be one of those. But requires lot of risk. It could also be stocks, metals, or real state.

The first point, if this continues of course, This could trigger general public concern about rising prices of goods and market instability. Everyone can predict but in this case it is deemed necessary to monitor economic indicators such as interest rates, global events, geopolitical tensions and natural disasters that can also affect inflation.

Now, regarding the views of economists and international organizations, I think it can also help in understanding the situation that continues to evolve more or less, but we as a society, who are the main object of this impact, remain alert to economic changes.

I personally can feel the increase in the prices so it's not even surprising if we will be seeing an increase in inflation for this year. I also have no doubts with the economic experts since they wouldn't be called an expert if they are not knowledgeable in that field. In addition to that, it's a forecast so they're just expecting based on their studies but doesn't mean it will completely happen.


Their currency and economy being not stable is already a factor that adds to their inflation rate. I'm just also going to add that when a developed country is also struggling and experiencing increase in inflation, expect that it will affect those third world countries since they are also depending a lot on the first world countries.

Always depends on the economic status of the world. If there's crisis will happen or even war for sure inflation will rise up, if you are worried about this scenario because.you have money in the bank better find some ways to generate more income for using it since you lost the purchasing power if you insist to hide it on banks. We can also feel the inflation by seeing the price of basic products and services rise so we really need to do something so that we will not get affected by heavy inflation that might come in future.

Inflation is a complex economic phenomenon influenced by a multitude of factors, such as monetary policy, fiscal policy, supply and demand dynamics, global economic conditions, and geopolitical events. While forecasts from economic experts can provide valuable insights, it's important to note that predictions are not infallible and future outcomes can deviate from expectations.

The Covid-19 pandemic distorted the global production and distribution chain leading to an increase in the cost of raw materials and finished products. The world was about recovering from the pandemic before Russia invaded Ukraine. This led to high costs of crude, gas, and power. Many firms couldn't cope with these unfavorable economic conditions leading to a high rate of unemployment. The sanctions and counter-sanctions between NATO and Russia caused inflation. Russia and its allies are economically relevant to the world because most nations depend on Russia for some goods and services. Except NATO get a capable nation that can replace Russia in the global economic market inflation will remain. But the surest pathway to reduce world inflation is to end the war in Ukraine and review sanctions.

Economic experts have in-depth knowledge and experience in economics, their predictions are worth our reference but do not mean that what they predict will definitely happen. Predicting the future is something that almost no one can do, no one has a crystal ball to do it with. From what is happening, it is clear that inflation is showing signs of cooling down, and if the world does not have more negative news, it will certainly continue to decrease. But if we have a few more bad events like pandemics or wars, surely inflation will rise again. In short, a prediction is still just a prediction, there is no guarantee it will happen for sure and no one knows for sure the future.

Another point worth noting is that many people think that the Fed will stop raising interest rates, and if that happens, it will mean that inflation this year will decrease, not continue to increase.

Yes even Covid started 3 years ago, the damage of it to the economy of an country is still could be seen and feel currently today as prices of the products increased and the salary of an average person remain the same. Some country might recover but it took a long process since even the starting of new normal there's still a few restrictions for people to go outside. Yes war also one of the major influence to countries economy as it's affect the supply and demand of products. The import and export to one country might have a huge impact especially people prefer imported products.

Many different factors affect inflation. Currently, inflation is increasing in many countries, but the pace of this increase has decreased. It is difficult to predict whether the increase in inflation will continue or move backwards. That's why many people should base their predictions on concrete foundations. If these tangible values are really believable, I can value their estimates accordingly.

When it comes to inflation forecasts and economic stability, it is indeed valuable to consider the opinions of economic experts who specialize in analyzing and predicting such trends. These experts often utilize various economic indicators, data analysis, and models to provide insights into potential future developments. However, it's important to remember that economic forecasts are subject to uncertainty and can be influenced by numerous factors.

Inflation may increase in the future and we cannot predict it precisely. We can only prepare ourselves not to be affected by inflation by working as well as possible and being able to earn more money. We are fortunate to know crypto because crypto can be a long-term investment and can help us earn money to survive.

Inflation can affect the world economy and everything may turn out worse than now. We can listen to the opinions of economists who have issued many opinions about the possibility of inflation. But we also have to be able to find our own way to survive in these difficult conditions.

Maybe inflation has occurred in several countries and will lead to the next country. But if we can prepare to defend ourselves, we don't have to worry about anything.

Yes it is true that inflation is increasing day by day and I don't think that it will end soon because every country face inflation this time. Inflation may be due to the minimum resources and large number of population and also there are lots of countries which does not have any management systems for these resources.

I think inflation is on its peak therefore if a person's income increases annually then there is no effect of these income on inflation because a everything increases in cost regularly. Inflation can end if the management of resources become accurate and if some resources are scarce so some steps should be carried out to enhance  these resources.

At present, the inflation rate has exceeded the global inflation, and food prices have increased, If the prices of daily necessities continue to rise like this, it is affecting poverty. Even if the price of big people's things increases, nothing comes only the middle and lower classes are killed When the economy goes bad, jobs go prices go up, and the standard of living goes down the pressure continues to rise for better or worse, the middle class is always getting worse and worse the thought is here the main challenge for governments around the world is to control the prices of daily commodities and ensure food security. Because hungry people never forgive and no government wants to face this risk.

I think it is hard to predict the exact impact of inflation on the global economy, as there are many factors and uncertainties involved. However, I do think that economic experts have some insights and models that can help us understand the trends and risks better.

You never hear any country where inflation is going down   this is world wide problem and entire globe is facing that . Hit you are right rich never get affe Ted by inflation the ones who suffers the most are poor and middle class people they literally give up their lives for overcoming this and to meet theri expense.

I think this will not be big news, but we all noticed that inflation, both this year and this year, is more aggressive than usual, which has its own reasons, such as wars and natural disasters for example. Banks will not say that everything is bad, as they will lose their profits. The most reliable option is to build your investment portfolio on your own and make savings, since the forecasts are not the best at the moment.

we have been seeing over the news that inflation is increasing every single day and there had never been a time where we hear that the government of a country reduced interest rate to cube inflation. Everything always goes up and surely we expect to see more inflation this time when things are obviously not balance at all. A better day is coming but we are still not sure if that time would ever come looking at what is happening in the world currently.

I think this year will not be as high as previous years obviously and that means a lot better situation for a longer term. I know that it is not going to be low neither, just not as high as what we would be last years and we should be a lot better. I believe that we could not be really considering this as a good thing for now, because even though it is going down, that doesn't mean that we are going to end up with anything other than trouble for now neither.

The amount of money we are making hasn't changed much so even if inflation is low, which it won't be, that doesn't mean we are doing great. I thing we will be seeing some rare situation, not inflation, not recession, like a combination of both that I can't really put a name on it just yet.

Quite often we can see news getting popped as inflation is increasing. This has hit hard in some countries, and I'm not that good about the inflation that is making downturn in people's life.

I personally find my country to face hard inflation in the upcoming months. End of the year 2016 the ruling government announced demonetisation and people suffered, many died waiting on the ATMs. The prime objective was to bring the tax evaded money into calculation. The government failed and once again the government have now announced for another demonetisation where 2000 Rupee notes need to be settled on the banks before September last.

Based on what you mentioned, it seems like inflation might go beyond predicted percentages, leading to economic instability worldwide. While there haven't been official statements from banks yet, the trends show that inflation is on the rise along with the annual bank rates. With high inflation levels globally, we should expect price hikes and market instability. However, the exact impact on the global economy is uncertain. It's a good idea to keep an eye on the situation and seek advice from economic experts to stay informed.

A way to consider the rate of inflation or not in the world we can look like the direction of the war going in Russia and Ukraine because this two country are important in the world and now that they are fighting endless war it is affecting the world in there supplies. russia reduce the rate of oil and gas to europe and this I believe affect in manufacturing of products which means no growth in manufacturing sector and that drops money in circulation. government will try to raise printing money and there you have inflation because too much money in circulation for purchase of the goods not available.

We are not gonna know it for sure but here in my country Indonesia it seem the inflation spikes is comes to an end. Maybe Country in developing country or third world country only has two option they following US and collapse or their economic slowy recovery and stand out.

https://snips-asset.stockbit.com/c28397cd-1c53-4959-88a1-2150f37f2250_pict%206.png

Inflation is now a complicated problem and occurs in almost all countries, even countries that have strong economies like Europe or the USA often experience inflation, of course this is a classic problem that often occurs, and it's time for countries to think smartly by using an anti-inflation currency, gold. and silver is money that will never experience inflation.

The experts may know more about the economy than we do, but their predictive abilities are no better than the average person, because they do not have the insider information that politicians have and because they are unable to think outside the box as we routinely do.

So keep your eyes open and protect yourself, maybe inflation does not go up anymore and it finally gets under control by the governments, but what if that does not happen? If you fail to take those preemptive measures now then by the time you do so, it will be too late already.

Using gold or silver can actually be a solution to the inflation problem, as long as the value of the currency corresponds to its real value. When gold and silver become physical commodities of a currency, it makes the currency more resistant to inflation. This is because anyone who possesses that currency has the same value when converted to gold or silver.

The concept of using physical commodities like gold and silver as currency was adopted during the development of Islam in the Middle East. However, this concept started to fade away due to the progress of time and the influence of other countries' cultures in using paper and ordinary metal as raw materials for currency production.

What other chance they got other than printing more money? They tried to raise the interest rates and banks started to go bust. Now they see they can't do that anymore, they will go back what they do best. Printing. You might ask now, "but weren't they trying to stop the consequences of printing money?" and you are right, they were. They were. Since they can't stop the inflation, what else is left to do? Making it even greater.

A wise man once said: "If you can't beat them, join them."

Another one said: "Fight fire with fire."

These 2 wise men know what will happen next. It is hyperinflation.

Continually based on the state of global economics. If a crisis or even a war occurs, inflation will undoubtedly increase. If you are concerned about this scenario and have money in the bank, you should look for ways to increase your income so that you can spend it since, if you continue to keep it hidden in banks, your purchasing power will be destroyed. We may also feel the effects of inflation by observing the rising costs of necessities, so we must act now to protect ourselves from the potential effects of future, severe inflation.

I hope that doesn't really happen because if it does then we are going to end up in so much trouble. I know that there are a lot of people who will do their best to prevent this from happening and they will try to stop printing of money and figure out a way to just focus on how to drop the inflation.

The problem is that most of those people who will fight against it are people who do not have the power, and we need to give these people their rights and power so that they can do that. How can we do that? We can do that with our votes in our own nations, pick the politicians that will make the nation better and the economy better so that we can get better. But you know what's the issue? Those people not get enough votes, and we end up with demagogs who rule however they want.

The cost of production of goods keeps increasing as we move into the future, and that causes an increment in the inflation of a country since companies producing these products will tend to sell them at a higher price, and then merchants sell them at even a higher price to the public. The government can control inflation but only if they manage to generate enough money within the country to spend on things that cause this.

Some governments manage to control inflation by reducing the cost of agricultural products which then reduces the production price of different products and the public gets better prices for those products.

I doubt it, if the government gets inflation under control, they won't let this inflation get as bad as it is now. All countries in the world are interconnected and depend on each other to survive, so once there is a supply and demand problem, it will affect the entire system. As a result, some governments will find it difficult to control inflation to their liking. How will the government reduce product costs in the context of higher-than-normal import prices of raw materials, supplies, and energy? It sounds simple, but the solution is not as easy as you say.

I understand what you mean and where you are going. Inflation, even at moderate levels, can affect consumer behavior, investment decisions and business strategy. Yes. This is a complex economic phenomenon that is influenced by many variables, ranging from monetary policy, fiscal policy, supply and demand dynamics, and market expectations.

Good action (anticipation) is needed especially from the government and central banks as a measure to guard against rising prices and market volatility especially when prices rise quickly and unexpectedly because this can erode purchasing power, disrupt supply chains, and create uncertainty in destination markets ultimately managing inflationary pressures in a place in particular and the country in general.

2022 Inflation has been felt all over the world, entering 2023 Inflation is much more severe which is felt by several countries, maybe almost every country is experiencing inflation economically in terms of goods and others.

Currently what the public feels about rising prices, which does not subside, is getting worse day by day, many small and large entrepreneurs are out of business because of the continuing price increases, raw materials are swelling, while the people's economy is declining, indeed 2023 is the year bad inflation occurred for the world, this is happening more and more widely, now not only one or two products are experiencing an increase, on average almost all of them are swelling.

Inflation can occur by many factors and we cannot be sure that this year there will be inflation, but from the current economic situation indeed inflation has almost occurred because many people have felt depressed by the increase in prices of goods, but this cannot be sure that inflation can just happen, although economists have collected a lot of data about the occurrence of inflation but we must all be able to prepare ourselves so that later it will be easy to live everything  existing problems.

and it seems that our people have understood the impending inflation, they seem to have become friends with an increasingly difficult economic situation because all prices have increased significantly, especially for employees who have not experienced a salary increase, of course they will rack their brains to make ends meet. therefore we cannot depend on one source of income, we must be able to find additional income. once the price has gone up, it will be difficult to go down, it seems that everyone already understands that

The problem of inflation is now a common thing in almost all countries, this is because the country only thinks of continuing to print the amount or supply of money so that the value of money will continue to decrease, the best solution at this time is to use gold so that the value of money even though it is made 100x than the current stock then it will never come down.

No matter what each country does and no matter how good the leader of each country around the world is, nothing can get rid of the inflation problem. That's why I see only two options there, either we control inflation or inflation is controlled in each country. So it depends on what the government will do about that matter. Just like this year, I think it will be paused because they are avoiding the recession because it is a bigger problem when there is a recession.

IMO, forecasting inflation and its impact on the economy is a complex matter and requires many factors to be considered. Economists often use data and analytical models to forecast inflation and make recommendations on economic policy to stabilize the market and manage inflation.

However, the exact effects of inflation on the world economy cannot be certain. Rising prices and instability in the market are obvious effects of inflation and can cause difficulties and pressures on the economy. However, there can be various factors, such as political stability, economic strength, currency value and economic policies adopted by countries, that can have an influence on How inflation affects the economy. Therefore, making decisions and economic policies need to carefully consider and make accurate forecasts and assessments to ensure the stability of the world economy.

As the rate of inflation will increase more in the coming days, the prices of various commodities will increase and this may be a bad news for those who have deposited money in the bank because the bank is heavily indebted due to inflation and if the amount of loan increases, the bank declares itself bankrupt. As a result, people who keep money in the bank lose all their wealth. Therefore, it may be a good decision to convert your money into Bitcoin in this period of inflation without taking the risk of losing your assets. Because we never want to lose our hard earned wealth.

Inflation affects the entire economy of a country. When that happens, the government can increase the money supply, which can contribute to inflationary pressures, but that carries a lot of risks. Moreover, the relationship between money supply and inflation is complicated, and other factors are involved. Although it is difficult to keep up with information related to the economic situation, it is also difficult to deal with it. In addition, each country has different inflation rates, so it is difficult to specify and make policies suitable for each economy.

I still consider this as factual analysis and there are many answers to this. First of all inflation is literally unpredictable and situation could turn upside down any moment. For example, what if war between Russia and Ukraine stops suddenly? What if all the Russian bans are uplifted, there forms a nice and calm treaty amongst the nations and oil circulations starts back online.

Such changes can literally happen at anytime thus giving the inflation an entirely different direction. Or this could go even in the wrong direction. Now consider nothing that is mentioned above happens, and there is worsen situation of the war which turns towards the mega nations around the world. Well that day we don't want to see and feel, and it could lead to years of inflation with non ending crisis.

So basically anything is possible for sure.

I think the question now will be..... Will inflation still persist by 2024 or something must have been done by various countries government.
We in ending of Q2 2023 and most of the country still experience high inflation rate which now makes one to wonder these could drag into next year or there will be solution before this year runs out. The situation is very serious, in my country, things are damn too expensive, the standard of living is so high most people are struggling to survive.

Debt and money printing become a positive feedback loop once the government intervenes. There is no chance at reversal.

The government will spend money that doesn't exist, flood the economy with too many dollars causing demand to increase, and then the central banks try to raise interest rates as a result. The cycle repeats itself over and over again.

I don't expect to see hyperinflation soon, but there is a "greater than zero" probability of hyper inflation given the current protocol of reckless future borrowing, as far as USD is concerned. Most recently I've seen Argentine pesos inflate at triple digits, and the situation there has deteriorated quite rapidly. They're not at a hyperinflationary stage yet -- their central banks hiked interest rates rather severely.

Unless there is another catastrophe to hit the world, like China invading Taiwan, then it feels like things are slowly getting better right now. Russia's invasion of Ukraine created some huge domino effects which rippled around the world, not least of which is Russia ending up much poorer and with less influence - especially as it has showed up their ridiculously bad military. Sure, Europe has to pay a bit more for oil and gas, but to preserve freedom it makes sense to accept that. We probably took for granted that they wouldn't do something so stupid, because a lot of staple ingredients like wheat came out of these two countries which have been ravished by war. It's always the poorest who will suffer first and the richest countries that suffer last.

Inflation will grow even more, there has never been such a rollback. Therefore, it is better to buy real estate or invest in crypto. In these areas you will be able to save your savings.

Op, if you read about inflation prognosis, it would be helpful to see the links and understand what exactly you are referring to.
Inflation is really different in different countries. For example, Japan, the third economy in the world, frequently has negative inflation (deflation), and when it has inflation, it's very mild. Their latest inflation rate was around 4%. China seems to be doing really well with inflation, too, having it below 3% in 2022 and over the last few years.
EU has a target of 2%, but it doesn't usually reach it and won't reach it this year as well. It's around 7% now, and it seems that the worst is left behind in 2022. As for the USD, it's currently around 5%, and it also seems that the worst is behind us.
So will there be some inflation this year? Of course. Will some countries not reach their target? Surely. But will there be a crisis over it? Probably not, unless something like another major war starts (which, to be honest, is not completely unlikely).

Inflation is on track to decrease compared to inflation in 2022, but the Fed raising interest rates too high has made the world economy much more difficult. And that's what they want because when unemployment is high and the economy starts to slow, it shows that their rate hikes are working, which drives inflation down. But this also has two sides: it is very easy to bring the economy into crisis.

Real estate and crypto are two very different investments now even if you say it saves money, I don't think investing is the only way to save money. Because the common thing that can make everyone to save is saving and not spending more money on things that are not needed. And as for the problem of inflation which may still continue to grow, I think the government in every country has been able to overcome this, although sometimes it is also difficult because each country needs to have its own product to fight inflation.

In addition, everyone also needs to work hard to be able to get additional funds so they can continue to live a better life without having to depend on the government. Because it can also make everyone fight inflation and will never be affected by inflation because they have extra income in their lives, although not everyone can work hard to fight inflation, but if there are more people who are able to do well in every their respective countries, I think that inflation will soon disappear by itself.

It is true that inflation has a lot of impact on people. When the inflation rate increases and the prices of goods increase, the need to spend a larger amount of money to buy them causes the purchasing power to be significantly reduced. In addition, companies are also affected when input costs increase and profits or competitiveness are significantly reduced. A not-small challenge related to the survival of a whole group in difficult times Therefore, it is necessary for the government to take various measures to mitigate the negative consequences and find a path towards stability and recovery.

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.

Saving but not on the sense that you would really be stashing out fiat because we know that inflation is something an inevitable thing to happen on which it would really be just that right that saving up fiat on your bank account is something that not recommendable and if you are making yourself tend to avoid about it then investing would really be something that recommendable and it is really just that right on dealing up with real estate too but of course it would really be depending on the property because not all would really be having that kind of appreciation when it comes to this on which it would really be depending on what are the things
that you've been dealing or involved with. You should be smart on making yourself in terms of investment because there are lots of factors to consider first before you would really be
successfully finding yourself that able to sustain against inflation.

If they know more about the economy then they can predict better than us when it comes to these matters because they can use certain information. Politicians might influence the inflation so there is no need for them to have an insider information. Inflation is not a joke so yeah we need to be observant and see if it's coming already or not but it's always better if we can prepare early for it.

There are times where the inflation rates are stable but there are also times it isn't. Governments can control it sometimes but there are also the ones who can worsen it. Anyway let's hope 2023 will be a good year for now because the past years seems a tragic one.

You could never know, you gave a great example with Taiwan, we wouldn't really know if that will happen or not, maybe it will, maybe it won't. The whole world is on the verge of collapsing and we are watching, why do you think we have more and more floods and fires every single year, wait for this summer and I guarantee you 100% that there will be huge fires somewhere on the world, no idea where it will pop up this time, but it happens every summer, didn't when I was back in college or high school.

So we could definitely have world shattering stuff at any time, or maybe we won't. If we do, then we are going to see financially strain billions this time, and there is no pretty way out of that, it is going to screw over everyone, even rich people will be impacted hugely this time around.

You do not need the government if your country or the banks to release a reliable inflation index for you to know the status of the economy and how it's gonna be beyond.
The inflation rate is on the rise and it will continue on this leather till the bubble is bursted.
Take actions now to save you family, invest, diversity and take up more than 1 job if possible. This will be the thing to save you from the high inflation we are witnessing and the one to come.

It's Already mid of 2023 and I  think we have faced a lot of crises in the crypto market this year and 2022 but ups and downs are the reality of life we can't complain about it. Inflation in 2023 is heading up and I think a maximum of the countries faced economic disaster due to inflation in my own country the current inflation rate is around 60% on the domestic products and the consumer products are inflated over 100%. I think my country is top 10 lists of the most inflated countries across the world reason is political instability.

✱ Venezuela — 1198.0%
✱ Sudan — 340.0%
✱ Lebanon — 201.0%
✱ Syria — 139.0%
✱ Suriname — 63.3%
✱ Zimbabwe — 60.7%
✱ Argentina — 51.2%
✱ Turkey — 36.1%
✱ Iran — 35.2%
✱ Ethiopia — 33.0%

From how things continue to move economically, my personal prediction would point out to a increase of inflation worldwide (or at least in the biggest economies on the planet) however, I am also expecting inflation to go slower as times goes on and economy recovers.

Of course, I am assuming politicians from Europe and the United States won't screw up the chances of recovering by defaulting on their debts or even weakening the strength of the union of the countries in Europe, as Russia tries to take over Ukraine.

This can be grim now, but things can improve if we leave cheap politics to one side and embrace common sense.

What are the signs that inflation will continue to increase in the near future? According to various reports of countries' governments, especially the US economy, inflation gradually decreases over time.

The banking industry in the US is in a state of crisis, and that does not mean that all banks in the world are in the same situation. Banks in my country are still operating normally, not a single bank has collapsed. I also disagree with you when you say that taking all our money out of the bank and putting all our assets in bitcoin is risk-free. Bitcoin is still considered the riskiest asset because of its volatility and uncertain future, it is only suitable as a speculative asset, not a safe-haven asset. We invest in bitcoin because we want to get high returns and become rich, but at the same time, we will also face increased risks. In short, nothing is perfect, so when it comes to our safety, the best way is to diversify.

Does it mean that it will now stand still or will it increase at a small pace?

Have you for once stopped listening to the media and view inflation from the chart to see what has been happening by yourself? Inflation is synonymous with a price increase, once it goes up, no way the price will be coming down, there is every tendency that it may stabilize and stay there for a while, but it wouldn't depreciate and even if it does, it will be by a small ratio but mostly shoot up and if you check yearly inflation rate of any country, there is always a yearly increase. Regarding your question, I believe there is going to be an increase in inflation for sure and don't expect the price of groceries to remain the way they are by the end of next year.

As it is, more time is needed to study and conclude on the next decision regarding global inflation as some countries are now recording more down curves, but the US inflation seems to be rising. The inflation between 2021-2022 was so obvious, and towards the end of 2022, inflation subsides and the curve flatted and even later pointed lower. Bt later flatted back and point slightly higher for the US, which could only mean that inflation in the US might continue to rise again as suggested by the last CPI data stated above.

Nonetheless, since the time that it did last two flattenings are not so farther from each other, it is better that we are patient and not rush to conclusions, With more monthly economic data, we will be able to ascertain where the inflation is heading.

Economic experts certainly have a mature analysis of their opinion about this inflation. So if you trust economists, there's actually nothing wrong. But we as people who will definitely always be faced with the so-called economy, must continue to do independent analysis, according to our own point of view. Because as is happening now, inflation is not easy to contain. Like the forecast of the economic situation that will occur this year, I'm sure it will be very difficult to predict. Because what I feel right now, the economic situation in the country where I live, can be said to be quite stable. When compared to 2022, this year can be said to be better. Although there are indeed a number of things that have experienced an increase, such as food staples and building raw materials. But all of that can be neutralized, right, with the return of the workers who were expelled first. So with that current situation, I don't think it's too bad.

I think inflation continues to grow every year. Therefore, I think we also understand that if the poverty rate in the world continues to increase, this is also due to the price of basic goods that always goes up, even though the income remains like that or even decreases. those who survived were those who kept the gold. and I think this inflation cannot be completely avoided we can only prevent but there is no way to stop it.

I still believe that you need to go into debt in order to save. Not a lot of people could just put money aside, you need to put them in debt and make them pay that debt and that debt has to be an asset. Real estate is a great one for that because you get mortgage and you pay that mortgage or bank will take the home back, so you are forced to save money for investment.

Bitcoin doesn't have that right now and that's the issue, I can't take out a 60k dollar loan to buy bitcoin, it's not allowed. This is why I believe that we should be considering this situation a lot more proper for people who can't save, just get real estate and then pay it, if you really want to get bitcoin, then resell the house and use the money to buy bitcoin when the debt is done.

Officials will never give the real inflation rate, they just use the basket which will give the most minimal rate so they can convince the people nothing worse is happening but as an individual who faces the circumstances in reality knows what is happening and the possibility of the inflation will be higher in future.

Based on my personal experience the prices of day to day products increased atleast over 10 to 20% and the condition depends on the currency we are talking.

I would like to make a short comment as I live in a country that has been fighting inflation for many years. Of course, if I'm going to comment on a country basis, of course, it would be the best option to make an assessment on the currency, management, political decisions and economic situation of that country. Since I will express my comments around the world here, it will suffice to state some details that I have observed throughout the inflation process.

- First of all, I believe that the inflation problem will grow more this year due to the fact that the world economy is getting worse day by day. Moreover, this situation will be a serious problem that will affect not only developing countries but also developed countries, and even chaos will occur in the inflation environment.
- The fact that countries are not able to control inflation and that they continue to printing fiat money will cause inflation to increase by accelerating.
- Due to the inflation problem, many consumers will feel the need to stock up in order not to buy a product at a more expensive price later. This will lead to stock shortages, increased demand, and indirectly to uncontrolled inflation.
- The depreciation of currencies due to inflation will frighten consumers a little more and consumers will turn to many various investment tools in order to protect their savings. This will result in a financial market that is not a serious bullish signal for the markets, but will have intense cash outflows.

In this comment, which I started briefly, I touched on some scary details. You should remember that these are assumptions based on my observations and personal opinions and it is not clear that all of them will come true.

In my opinion, the source of inflation is a country that uses a centralized financial system so when a problem occurs it will be more difficult to overcome, it is time for the country to try a decentralized financial system so that it will provide opportunities and opportunities for anyone to save, of course the country has a large financial stock so it can do intervention when there is a problem of inflation.

There is a lot of ununderstandable stuff going on which cannot be understood by the normal person. So its better one should mind their own business and do what is in their best interest disregard what is going on in the market unless they are linked to it!

In addition to not listening to what the media is talking about, it would also be worth it to just take and calculate by how many percent the prices of the products you are familiar with, those that you buy most often, have increased. It is likely that many will be surprised by the fact that prices have not risen by 5-6%, as they are trying to tell us, in reality inflation is more and this will definitely not change any increase in interest rates, which is so much talked about. In fact, raising rates cannot slow down inflation as expected, it's just that the more money they print, the higher inflation will be and it will not change anything.

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.

Your savings will potentially be on the verge of getting devalued in times of inflation if you are saving them in fiat since we all know when a country is hit by inflation, the value of money doesn't stay the same. If the country makes international trades using US Dollar, the value of it will significantly increase against the local currency of that country.

When you invest your money in real estate or any asset like Gold or Bitcoin, it will at least be safe from devaluation, although it will have the risk of dropping value if its invested in Bitcoin but it also has chances of appreciating as the price of Bitcoin can go up as well.

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 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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.

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 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.

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.

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.

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.

Unfortunately things are not that simple, it is true that if the dollar goes through a period of inflation this could help the US economy by making the products produced there more attractive and competitive against the rest of the world.

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.

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.

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.

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.

Inflation is still going on, and we can't expect it to end anytime soon. But it is clear that it is decreasing over time, not increasing like crazy like last year. I believe we will have inflation under control by 2024 and the economy will recover strongly by that time as well.
But what we need to be more concerned about is that inflation will return in the future, so instead of being happy when it passes. Instead, focus on accumulation and build yourself a solid economy to avoid panic when inflation returns.

Various economic analysts fear that global inflation will emerge very soon. Inflation causes major changes in economic systems around the world.Various volatility occurs in the market. As the currency of the country where deflation occurs, the price of essential goods goes up and many banks become insolvent due to financial debt. As a result, many people leave their money in the bank and become destitute. If we are already predicting inflation then we should be cautious. We should prepare now by thinking about future inflation.

OP: lf I understand correctly, do you still read traditional newspapers?!  :)

I think that first of all it is necessary to understand that inflation varies, so 15% inflation in any country can mean a catastrophe in others.

On the other hand, the inflation indices are there, look for them by country, you can find them even with different periods of time, but if you read the newspapers, then the information is at least 24 hours behind.

On the other hand, it is a matter of common sense plus intuition according to each country, then understanding how to protect weak Fiat money, the most common thing for people who do not take risk investments or protect in some type of hard asset, is to pay their TDC debts, buy or make improvements to their homes, etc. So, It depends on country as measuring inflationary growth rates for 2023 varies depending on the country of origin.

Inflation is one of the main and most dominant stories for the world economy in 2022. And this year, too, inflation is still happening with monetary policy adjustments in major economies too, inflation is still happening with monetary policy adjustments in major economies. not stop until the target of inflation control is met. So when the policies of the countries have appropriate aspects, the expectations can be positive. While there is room for growth-oriented policies in the region, in many other parts of the world, high inflation is forcing central banks to tighten conditions. But there are still many uncertain variables in the world economic outlook this year. The challenge is still there; global economic dynamics are expected, but handling the impact of external challenges well is not easy.

There are enough wars and various crises in the world now, so it’s not surprising that we should expect an increase in inflation, many economists predict exactly this, sanctions on various states and start this process, besides, we forgot about covid, it was he who launched this process around the world .And now we see its consequences.

Increase in the inflation rate continues as the need increases. The ongoing war, lack of management, oil and gas availability. More issues push the inflation high. The sufferers were the common people, whereas the elite and rich doesn't gets affected much. From COVID things went worse and till date we weren't able to make a recovery.

In the upcoming years we can expect small countries to show better growth against the grown economies of the world. Right now people have started to move cross border for few dollars and Euros profit. The retirees leading life with the retirement funds have got scheduled spending and now the amounts weren't sufficient. In all levels people are suffering out of the inflation and governments too weren't able to handle it.

What stocks can I take? there is a rollback in some, but I'm afraid they will start falling again.

Yeah I think I will support on that although their are millions of other factors that have lead to this outburst of world inflation currently and even to the further speculation by economist's that the rate of it will still increase but a certain portion of this inflation was due to the series of pandemic that has struck the world and if I can recall not only covid that gave the world this blow but also pandemics like EBOLA.

The puzzle of inflation indeed twists and turns like a labyrinth, and keeping that sweet equilibrium feels like balancing a candle in the wind. We're all on the lookout for that "just right" inflation - not too hot, not too cold. The whole shebang - economic expansion, demand, production costs, and monetary policy - all these factors tango in a meticulous choreography that steers inflation. Picture it like a precisely conducted symphony of economics, with each component hitting its notes right on cue.

The blood sugar metaphor? Couldn't agree more! Harmonizing inflation is paramount to fend off hyperinflation or deflation, both of which can leave an economy as shaky as a house of cards. As for the government's action plan, it's like the suspense before the final act of your most-loved drama, right? We're all here with our snacks in hand, excited to witness the upcoming moves to harness the inflation dragon. History's lessons are clear as day - the grim years of the Great Depression, Japan's uphill battle post-bubble burst. Now's the time to pen a fresh narrative, and with some luck, it'll be a crescendo of success!

Inflation will continue to occur as long as the country does not have a strong economic foundation, many countries only rely on investment from foreign countries so that they can increase economic growth rates, when investors feel that they are not getting any more profit then slowly the economy will have problems and inflation is common.

Inflation that occurs is certainly caused by many factors and it all depends on government regulations, and the state of a country for example there is a natural disaster then all will affect the increase in inflation, and at this time there are indeed many problems that will cause inflation and we all must be prepared to face because the world economy is not good so inflation will be very easy to increase, And this year indeed the body's inflation is very high.

Yes, it's great if we ourselves can already prepare for inflation and we won't be up to it. You need to invest in your accounts, have a crypt.

I think that's probably not the question, I mean obviously if there are situations where it's going to matter like that then we are going to end up with something a bit more troubling, but that doesn't change the fact that we are going to end up with those changes without knowing about it beforehand. Like if floods come in, and it ruins a whole big city down, it will be a ton of infrastructure destroyed, so having a lot of trouble would cause a lot of pain and inflation will rise. But you can't know that beforehand, it's a shock to everyone.

However, the main question I believe is that, will it happen without any of that, just because economy is in shambles. I think that's also a big deal and I think that might happen as well, I do believe it's a possibility for sure.

Inflation is a problem that will often occur and may become commonplace, in my country inflation always occurs and according to the official government report in 2022 there will be around 6% inflation per year, and it is estimated that in 2023 there will be around 9% inflation, of course there are not many choices for us besides continuing to look for or increase income.

In my opinion, what you are talking about is more like devaluation than inflation (although these phenomena often go hand in hand with each other). After all, if a currency of one country falls in value relative to another country's currency, then this is already a question concerning not only the economy of the first country and its internal situation and politics, but also the question of the interdependence of the economies of different countries. And inflation is a process that takes place within the borders of one state.

     -   No one can give a correct answer to what you are saying. All I can say is that if the inflation rate continues to rise, many banks and other businesses will collapse. Even its Bitcoin value in the market can also give a bad effect to the market even to its whale investors.

And it will cause the economy to collapse as well as I know. Then inflation is also because that will not go away, the only thing that maybe the leader of each country needs to do is to control it properly and correctly so that it will not affect their communities or citizens.

Inflation would literally grow day by day, since climate change also has been an issue which could affect the economy of one country. Like for example a country's farm has been affected by the sudden changes of the climate like there's no literally rainfall that could water the plants causes them to die. Which results to shortages or scarcity of resources as a solution the country have no other solution but to increase the market price just to provide the needs of the farm. Here in my country the worst part is despite of the sudden changes of the prices due to inflation, the salary of a person still remain to minimum wage which could still be seen nowadays how else in the future?

Try to explain what options many people can do in this inflationary condition besides looking for additional income? Because when the government already knows that this year there will be around 9% inflation, of course the government will also immediately make the best way to handle it so that this inflation will not be felt by the common people in their country. And in this case, have you also researched how the government is trying to handle this now?

Inflation will increase drastically in 2023 in my country in last 5 6 months inflation has increased by 10 fold .
People are suffering because of this there is food shortages and natural calamities are happening every year so in short situation is getting worse.
Currency is losing its value which is an add on to price hikes .

Investments in different streams is the tunnel escape to the continuous inflation bedeviling the world economies today. The inflation will keep on increasing with corresponding increase in prices of goods and services. Just this year my country has raised interest rate three times which currently we're in the second half of the year and I wonder what would be before the end of the year.  Starching money in the banks is not a financial cure in this century and people needs to wake up to this awareness.

If there is an increase in inflation, there may be positive and negative sides. The positive side, for example, may be economic and business competition due to pressure between countries which causes inflation to rise for the sake of the country, not just for each other's interests. For example, on the negative side, there will be an increase in the price of any thing. This makes people very disappointed, as if the government is not commensurate with people's income. because everything needs a process to equalize this situation for a very long time

Inflation is man made. Inflation is manufactured by the wicked leaders and wicked people in the government that is causing it. In Nigeria everyone knows that two things cause inflation and these things are number is fuel. Whenever fuel price goes up then commodities price would be soaring to the sky of the eagle. Then another is the USA dollar if the dollar is higher than the country currency the prices of things will be soaring again. So any person who can control those in the government then the country  be a very nice place to dwell. Inflation might not strong as this year. In my experience oo.

As you point out, government measures to combat the COVID-19 pandemic, economic sanctions, and geopolitical conflicts can all contribute to inflation. The level of inflation in various economies can be impacted by these factors.

But, it's also important to remember that economic situations can be nuanced and multifaceted, especially when it comes to the myth of the US dollar's extinction or a global economic crisis, ok? Actually, it is typically the goal of central banks and respective governments to stabilize economies and maintain currency stability, despite any challenges and uncertainties.

Inflation is always and everywhere, deflation is impossible, so we need to get ready to spend more on ordinary products again. There is always an increase in prices in the world that no one can restrain.

2023 is here now, and we can all see that the inflation is taking over the economy, this isn't limited to a country, but it's widely spread in the world.

We pray things get better

Of course, inflation will continue to grow this year, because the economic and food situation continues to deteriorate, the political situation in the world continues to be tense. Russia continues its war in Ukraine. By blowing up the Kakhovka HPP, Russia deliberately caused an ecological disaster, turning the fertile lands of Ukraine into a desert, which means that Ukraine will not be able to export agricultural products in the same volumes and in many countries the prices for products will increase. Now the Russian occupiers have mined the largest Zaporozhye nuclear power plant in Europe, as well as the Titan chemical plant, located in the north of the Crimean peninsula. In addition, the political leadership of Ukraine has already stated that, according to intelligence, the military received an order from the Kremlin to blow up the Zaporozhye nuclear power plant and cause a radiation leak. If world states do not take preventive measures against Russia, it will be fun. For many countries, hunger and  radiation will be provided.

Covid-19 disrupted the global economy; from 2020 and onwards, inflation's growth was halted, and the current situation is the result of a paused economy along with the ongoing war.

The main concern is that the situation isn't improving at all. Inflation has supposedly slowed down, but in reality, whatever happens, prices will always be higher than they used to be. Thus, even if inflation's growth is halted, prices will remain the same without the necessary increase in salaries. On the plus side, I'm positive that we won't have another crisis with Covid-19 in the upcoming winter; the whole topic has really died down, and I'm hoping that it isn't brought back to the surface ever again. On the other hand, though, the war in Ukraine is continuing with unrelenting force and has minimal chances of stopping any time soon, disrupting the whole world in major export sectors.

Can't imagine if inflation increases 10 fold, of course it makes money worthless but it's very difficult for us to get, I think the best thing to avoid inflation is to continue to increase the source of income, make sure you do a lot of things to survive, growing food crops, vegetables and fruit is the thing that must be done to avoid a food crisis.

Somehow, this is wrong, you will work for the rest of your life if you think multiple sources of income are the way to battle inflation. It is not a bad idea actually to source for passive income but it will have been better if you barricade your money into an investment after removing expenses and bills; Bitcoin is an example of an asset that triples at least every 4 years when you pay attention to it but that is not financial advice, there are other ones out there you can choose instead of working hard, it will not only affect your body system, your will age quicker than you will imagine.

I'm not sure if I have lived to see any country drawn by inflation in 10 fold, it is not realistic but Zimbabwe experience something close to that end and we all see how their economy crumble but of course that was due to bad leadership and I assume is not all country that has bad leadership, even if there is they are not that dip to increase by 10 folds.

It may be true that there are many factors that cause this to happen and happen, but what we need to pay attention to is whether we have any preparations for this if it happens again in 2024. why do I say that because everything can change at any time regardless of whether this has happened or is happening. Yes, there must be a repetition of events and the only difference is time.

Without all this conflicts going on in the world like the Russian and Ukraine war, I still think inflation would have grown this year as well. Maybe the rate would had been slowly than what we're having but inflation will always be a problem we'll keep having since the government keep printing new currency into circulation and devaluing the dollars. Until the government stop printing we won't be free from inflation troubles.

Since it's a fact that the government won't stop printing money to solve their problems instead of doing other useful things we can only protect ourselves from the inflations by investing. Investing can be done in many ways to be profitable but buying Bitcoin is recommended.

Now every country in the world is suffering from inflation. But we all know that the war in Ukraine and Russia is the main cause of this inflation. Though economic experts are trying to keep this rate at a sustainable level but they are failing and it is normal. Because when the price of a product increases in the international market, no import-dependent country can control it. However, the rate of inflation is not likely to decrease for the time being but it may rise further in the future. Moreover, if the oil producing countries reduce their production, then it is not possible to control it in any way. Because everything changes depending on the oil.

I don't think the main cause of inflation is the war between Russia and Ukraine, not even the covid pandemic is the main cause. Inflation is a part of the economy, and it always comes back after each cycle, even if there is no epidemic or war, inflation still occurs. But this economic crisis has been aggravated by the effects of the covid pandemic and war.

Inflation still instills fear globally, but the impact is not the same across countries. In the US, inflation has also cooled down, but in the EU, it is still very high, and in my country, bank interest rates are also falling, showing that inflation is cooling down. But the OPEC reduction in oil production also makes me think it is very easy for inflation to rise again at any time.

Unfortunately, no country has yet taken steps to make inflation negative. Even in the U.S., the minimum inflation rate is 2%. This means that a rise in inflation is recognized as normal even in the U.S. I wonder what you would do if you were the government to lower inflation (really lower, not on paper)?

This needs to be considered according to many different factors and it is not possible to make an accurate prediction, if inflation increases sharply in 2023, then there is a high probability of an increase in prices and the possibility of instability in the market. This can affect the world economy, however, the extent of the impact will depend on many factors, including political stability and the measures that countries and economic organizations have can be done to deal with inflation. But it is true that some things have changed dramatically from the fluctuations of recent years, I have clearly noticed that the cost of living in the family has increased significantly, but the salary earned has increased relatively little, like especially the capacity is not enough to meet the wishes, but indeed many common problems of people I also see are happening with me.

The threat of inflation that will continue to increase in 2023 certainly makes us have to prepare from now on, the best thing to avoid inflation is to utilize all the existing potentials, if we are always connected to the internet network, then use it optimally to be able to make money, being a reseller is an easy thing and does not require large capital.

It's true what you said dude, when the leader of every country doesn't really care about his subjects the inflation average will increase quickly. But if the leader is good and has a lot of love for his people, he will definitely be able to keep the inflation rate low.

And it will keep the market price low which will not affect his constituents and will also raise the economy of the country he leads. But of course, if the leader is greedy and had no concerns for his country, the inflation rate will definitely increase in no time well many people will suffer in the end.

There is now a lot of inflation in all countries because of the war in Ukraine and Russia. I don't think that the damage caused by this war in Ukraine and Russia will be easily repaired. It seems that more horrors may take shape in the coming days.  All the countries of the world are facing many problems because of the war between the two countries. Yes, I also think that everything depends on oil. If oil production decreases, the countries will fall into more losses.

It seems that there has been no news that has begun to give hope from the current world economic crisis which has triggered this high inflation.
even though the covid pandemic has shifted to become endemic, which is also one of the causes of the world crisis coupled with the ongoing wars and embargoes.
I really agree with you that during a crisis like this you must always take advantage of the potential that can be done, because all the current supports are very qualified for that, such as the existence of an internet network that will be able to be used to be able to produce, although it is inevitable that finances also need to be complemented as capital. but the most important thing is the willingness to be able to escape from all the difficulties that occur.

Inflation is largely the government's fault, I totally agree with that. But to say they can control it is not as easy as you think because our world is interconnected and all interdependent. For example, Nigeria is not a petroleum exporter, fuel prices increase or decrease. The Nigerian government does not have the right to decide, everything depends on the world situation. The covid epidemic is also a cause of inflation, and it is a surprise that no one can predict and prevent it in time, how can it be blamed entirely on the government when there are many objective causes? Moreover, when the government introduces policies to reduce inflation, do we comply, or will we resist because of doubt? And will continue to blame them. I'm not defending the government, but it's not entirely their fault, and we need to take some of the blame.