I've seen a huge spike in sugar, flour, pasta, meat and dairy products. As a matter of fact, for some reason, in the supermarket chain I'm working at, there's a constant shortage in sugar, which is concerning.

Actually, governments can take measures in order to tackle inflation and the increasing prices, by imposing a cap, limiting how much certain goods can rise in price and by limiting and punishing speculation. Unfortunately, lots of goods have increased in price, simply in the name of war, a large percentage of the inflation we're experiencing is speculative.

A few weeks ago I've been reading the news regarding the recent heatwave which struck the UK, it's said to be the worst July since 1935. Yet, there are people who still don't believe in global warming and climate change. The heatwaves and the droughts that are caused are a huge threat to the environment and humans. Firstly, due to the lack of humidity, we're very prone to wildfires, in 2022 alone, it's claimed that more than 660,000 acres of land have been burnt since 1st of January*, surpassing 2017's record by 56%. Secondly, forests are vital for our well-being, due to the oxygen they produce, but also because they're capable of preventing floods.

* Source: https://www.dw.com/en/europe-set-for-record-wildfire-destruction-in-2022/a-62802068


_{UK's drought July 2021-2022}

I wouldn't say that it's a conspiracy theory, the west always had the upper hand, history repeats itself, Germany was ruling Europe during WW2 and despite what happened and the damages they caused, they're still ruling, taking advantage of smaller countries, especially in the Balkan area.

It's no surprise that most countries in the Balkans are behind development compared to Western countries, while were subject to political games such as the Yugoslavian war. 

In my opinion, the Balkans should have never joined the Eurozone and should have kept their own currency (Greek Drachma, Czech Corona etc.), that way, EU wouldn't have such a large influence on them.

Even if that's the case, do you believe that such measure is enough in order to prevent pollution? In my opinion, underground water pollution is just as important, and is certainly occurring to an extent, despite what officials claim. That water is finding its way to our seas and beaches, affecting humans and animals altogether.

I find it outstanding that we still haven't figured out a reasonable way to deal with our waste than simply dumping or shipping it somewhere we can't see it. If I remember correctly, Singapore has one of the most advanced waste management facilities by burning waste (which is slightly controversial if you ask me), filtering the generated fumes and use it for power.

I'm working at a known supermarket chain and constantly face the increasing prices. Especially meat, eggs and dairy have skyrocketed. I used to buy a kg of chicken fillet for approximately €6.50 - €7.50, now the average price exceeds €9, and that's only one example, I have plenty similar scenarios.

My main concern is that since March, I'm unable to save as much as I used to, and some months I'm spending more than I've made, even though I've severely reduced my consumption.

So did I, but it honestly looks pretty pointless anymore. I started hoping for a small relief after Crude oil's value dropped, but it wasn't long lasting. Not only did oil surpass $100/barrel, but also the exchange rate of EUR/USD has gone downhill.

The worst thing in this situation is our government, it's so corrupt that's not helping its citizens. Greece has made the headlines several times in the last few months, by world renowned news websites, such as NY times, exposing our corrupt government and the scandals they're involved it. How am I supposed to not be hopeless when I'm working so many hours and seeing them not give a single damn for the country and its citizens.

I hate religious people's views regarding suicide and death. It was either God's will or your fault for not being religious enough. Despite that, since OP started a pretty sensitive subject, has any of you lost someone close to suicide?

A few years ago, my English teacher committed suicide, we spent 3 years having English lessons as a teenager, including summer sessions during my last year of my Proficiency certificate. He always looked so cheerful, could have never imaged that he'd do something like this. He was always dressed neatly and had a great personality and style, nothing could possibly foresee that in reality, he was suffering. The last time I saw him was during my first year in university, a year later, he suicided.

As I've mentioned earlier, I'm not facing major issues currently, however, I'm working a lot, have cut back on most expenses, and it's a huge struggle to put money aside, while in the past, I spent a lot more money for personal entertainment (dining out, going to a bar etc.) and still managed to save each month. Nowadays, there are months that I'm spending more than I make, slowly draining my savings.

If this situation worsens in the near future, something which is certain, then I'll definitely face financial issues. Money isn't the only matter troubling me, as I've said previously, higher paying jobs are quite limited while the current political party is sending the country straight to the gutter, driving us, citizens, into a state of despair. We're officially one of the most corrupt countries in the EU and the lowest ranked European country for press freedom.

Not always the case, I have a degree in Economics and a Master's in progress, I didn't find much in my town and those available weren't paying more than I'm earning now.
That's partly true, however, the energy and fuel crisis was already starting from September 2021, certainly, it wasn't as awful as now, but it didn't magically happen due to the war. You're right, though, the sanctions totally backfired, and it was expected. I don't understand what they were thinking when imposing them.

All countries are suffering from inflation, however, some are experiencing it worse than others. I'm from Greece, the situation is worsening day by day due to the elected party of Mitsotakis New Democracy, we've been featuring headlines for some of the worst corruption scandals in the world, while Mitsotakis instead of taking measures to tackle inflation, he's boosting rich corporations by subsidizing them, achieving billions in profits per month.

Things were getting better when Tsipras with Syriza was elected, for sure, he wasn't the best, but wages had increased while V.A.T was reduced in food items. On top of that, it was the first in years that the economy (in terms of GDP) was improving. It was going downhill with other political parties and during Tsipras election, the fall was halted and started recovering.

Kudos to you for the effort, however, it doesn't seem to be working properly. As others have already mentioned, it's showing the wrong price, at $20.000. As you've already mentioned, your developer is already working on it, but that's not my main concern.

The conversion from dollars to BTC isn't working. For instance, if I want to see how much Bitcoin I can get for $100, it displays nothing. I didn't see any of the previous posters mentioning it.

The domain is short indeed, but the lettering is a bit confusing. Everyone was used to Preev.com, examplens' Preev.net domain is almost identical to the original.

Edit: Tried again, always in incognito of course, and the price after a few attempts is displaying correctly. However, I can't seem to able to type any decimals, such as 0.08 BTC.

Are you sure about that? I searched for a while, but can't find a point where it reached $0.98/EUR. It seems to be falling slow and steady, if it continues like this, it won't take long to reach $0.98/€. It's currently trending at $0.9916/€, while previous user's predictions about reaching $0.90 - $0.95 sound way too realistic now. If that happens, we're bound to see an increase in fuel again, which will spark an additional row of price increases to everyday goods, boosting inflation once again.

I acknowledge that this is simply the beginning. That's the main reason why I mentioned that I'm not too frustrated today, but in the future, the worst is yet to come. As someone who is already seeing his balance slowly drain, while renting a relatively cheaper than average house (which has several issues, but you're unlikely to find one that doesn't for €250), it's disheartening to see that after all these long working hours, you're still going slowly in debt, or just barely enough to cover your expenses.

I've come to the conclusion that inflation is a vicious cycle. Electricity and fueling becomes more expensive, producers struggle making ends meet and are forced to increase the prices, burdening the consumers. This pattern goes on and on, breaking it sounds impossible.

As someone who has struggled with mental illnesses in the past, and still have issues with stress and anxiety, it's never the answer. Unfortunately, suicides are rising at an alarming rate, especially after the pandemic, while the economic recession is the icing on the cake. Quite a few people have committed suicide due to financial issues, and while Greece has relatively low suicidal rates, they have almost doubled after the economic recession in 2010.


_{Chart taken from TradingEconomics}

I'm not going to say that it always gets better, life is full of ups and downs, you adapt and improve your coping mechanisms. It's saddening that society's pressure is starting from an early age and has detrimental effects to mental health. The American Psychology Association (APA), in a survey conducted in 2018, has reported higher levels of stress in teenagers than adults.

This is not the typical type of thread I'd make. Honestly, I'm not one of those people who always moan and think about money, with it being all that matters to them, while trying to cut corners on everything. Don't get me wrong, I'm not against saving/investing while being resourceful and frugal.

Approximately since March, inflation has started taking a toll on me, first financially and then psychologically. At first, I wasn't really bothered; it wasn't that extreme and wasn't too worried. I was still making ends meet without too many issues and still managed to save a little, without taking into account my cryptocurrency investments. However, as time passes by, it gets worse and worse. I believed that the tourism sector could slow down the recession in Greece, but that didn't happen. Prices of goods are increasing every week, while electricity bills have soared.



As you can see from the following chart, inflation in Greece keeps increasing every month, with July only showing tiny and unimportant signs of improvement. The situation in Europe isn't great either, especially in the Balkans and Baltic countries.



No matter how you look at it, it's terrible. Although, I believe that Balkan countries are in a worse position due to the low wages in most of them. For instance, the minimum wage in Greece is €713 before taxes, approximately €620-€650 after taxes, while the average rent for a single bedroom apartment exceeds €300-€350. Don't get me started on electricity and fuel.

Every end of the month, energy suppliers announce the prices for the following month, with kw/h increasing every month. The Public Power Corporation in Greece announced an increase from €0.486/kWh to €0.788/kWh, while in other suppliers it might cost up to €1/kWh. It's astonishing. In the meantime, the government is funding oil and electric suppliers, who are soaring millions in profits in the past few months.

This situation is only worsening; living is constantly becoming more expensive and has started to have psychological effects too. As I've said earlier, I'm not used to moaning about money, because I still have cryptocurrency investments and so on, and there are plenty of people who are struggling way worse than I am, however, working two jobs, over 10 hours a day and I still see my bank's balance being slowly drained every month. I'm not anxious about today, but for the future, since the situation only seems to worsen day by day, making me sick to my stomach from anxiety.

How are you currently coping? Do you believe that we'll see any kind of improvement in the next few months/years? What coping mechanisms have you developed?

---

Sources: https://ec.europa.eu/
https://www.keeptalkinggreece.com/

After several weeks of the exchange rate of EUR/USD trending at $1.02, today it crashed even further and practically achieved 1:1 parity. It's currently at $1.0037/€ and wouldn't be surprised if it went even further below. A few weeks ago, some users mentioned that we could also see Euro falling below $1 but many of us thought that it was too extreme. I hope we're not proved wrong.

Don't get me wrong, the website itself is great, simple, minimalistic and certainly aesthetically better than the original Preev, the black background is way more attractive than a plain white one. You served the community by replacing a service which stopped functioning, with an improved version of the previous one.

There's certainly always room for improvement, but I can't find any issues with the website that need improvement.

Thank you for your contribution, I'm glad someone did this, and I already proceeded to delete Preev.com from the suggested websites so yours pops up first now. It's honestly a great alternative, but I'd like to point out some minor things that would render it perfect. Firstly, the favicon has a white background instead of it being transparent, tiny detail indeed, but it's a 2-minute fix, so why not?

P.S I have a tendency to spot such little imperfections, don't mind me 

Honestly, it depends on the occasion, but the general rule does apply into building your future. However, there are others who claim that it's best to cherish today, because you don't know what the future holds for us. The majority of people neglects the importance of investing and either simply save their money to a bank or is unable to save at all. In the first scenario, your money is susceptible to inflation and just sits there losing value, while in the latter, you live from paycheck to paycheck.

Bitcoin has enabled myself to look forward to a better future, which is essential, especially now, that everything is going downhill. Personally, I'm holding as much as I can accumulate, while investing another sum of money into DeFi, achieving an average of 10% APY, at least till I can come up with a better plan.

We're stuck between $20.000 - $25.000 for quite a while now, it's funny that when Bitcoin was at $17.000 - $18.000, people were sceptical to buy because many claimed that it's dying and crashing below $10.000 was inevitable. However, when Bitcoin showed signs of recovery, people were afraid of missing out and started purchasing at a way higher price.

From my point of view, if you have money available for investments, buying now is an opportunity. Your investment may be subject to volatility but in a few years, we'll be back on track.

I don't think that the issue with bank investment programs is safety, but the extremely disappointing yield they offer. Especially for deposits, which have less than 0.01% interest, earning a few euros at max every three/six months. Even time deposits a few years ago, when they were a lot more popular, provided you with less than 1% interest, nowadays, you'll be lucky if you even get 0.10% on your deposit.

It's extremely rare to lose money due to bank security issues, and even if such an incident occurs, you're likely to be reimbursed, unless it was purely your fault (e.g. phising victim).