Why is life getting so expensive?

[Fortify]

I think it depends heavily upon where you live, the annoying thing where I live is a lot of products shrink in size but the price stays the same. The best thing to do is buy in bulk as much as possible, if you're buying a drink in a can five times a week out the vending machine, it'll cost way more than buying a 2 litre bottle of the same drink from the supermarket.

[Stgsurya]

The rise in prices - inflation - is an age-old phenomenon. Economists disagree as to what its causes are, though it is fairly widely accepted that it is in part influenced by variations in the money supply.

[portotoi]

yes why is it? for me it is so frustrating...my salary before was low...but now...even my salary increases i can't even buy my desired clothes for myself ...maybe this is because when we get paid a low salary we are satisfied in small things but when it will increase, our demand will also increase...

[AzamiFayda]

you dont increase your income faster than the inflation, so you are loosing to inflation.

[Eric Cartman]

Free market.

People rise the prices, people keep buying, prices keep rising.

[BADecker]

Life is getting expensive because you are using money made by someone else.

If you traded your products or services that you personally made, directly with people who made the products or services that you needed, WITHOUT using money, things would be different.

With money, the people that make the money also control it to some extent. They manipulate it so that they get a cut off every transaction... often without anyone knowing it. It might be in the form of taxes. Or it might be inflation.

Consider Bitcoin. If Bitcoin ruled the world, how long would it take for the miners to raise the transaction fees? It might not take a very long time. We might be up to 10% in transaction fees rather than a few satoshis, if we wanted out transactions to go through in a timely manner.

[Gaos]

Life is getting expensive for two reasons. On the one hand, the quality of things and products is growing up on and on and on and on and life is getting better and more comfortable, so the cost is getting better too. On the other hand, the people who control all the money in the world, they just wanna more money, on and on and on and on. So, the prices are growing up and they get what they wanted.

[BitcoinUKmedia]

The dollar today is devalued and worth so much less these days - government controls the money supply and keeps issuing more money 'quantitive easing' which causes 'inflation' and so FIAT becomes worth less and you can buy less with it. Also watch out for greedy corporations that reduce the portion size of everything so you get less food in a packet  etc etc.

Bitcoin and cryptocurrencies are generally deflationary and have the opposite effect on your funds - their increasing scarcity is designed to work the opposite to FIAT. That is why I am a big supporter for our ecosystem.

[Juel rana]

To make people poor, so that they accept crappy jobs.

[MoonIsBlue]

Few years ago I was able to buy all I need to survive for €100 ($120) a week (rent not included). Today I at least need €200 ($240), although I mostly buy the same stuff as before. What do you think is the reason and what implication does it have long term?

Also depends on what your living standards are, not to say you live luxury but others do with a smaller budget. If you spend more in an area such as going out for drinks then yeah it has gotten allot more expensive, or if you smoke it's atleast 3x or 4x as expensive. Not saying you do. But if you really find yourself paying allot of means of living and relaxing then it's best to revise your spendings.

[tatalin]

Because of inflation wherein prices tend to go up. Because of the increase in salaries and wages, then the company makes the prices of their product to go up so that it will compensate the wage increase.

[Lamzn6]

Few years ago I was able to buy all I need to survive for €100 ($120) a week (rent not included). Today I at least need €200 ($240), although I mostly buy the same stuff as before. What do you think is the reason and what implication does it have long term?

Inflation. Bitcoin is coming to rescue!

[MommyElsa]

Simply because the price of the goods ate getting higher and your salary is not enough to sustain your needs.

[Capeshifter]

if life is too expensive where you live, change your country. There are countries with a much lower cost of living which can give you the life quality you're looking for. Check numbeo.com

[edenmorris2017]

the economy is about people with a minimum salary do not think .. everything is done for rich people ... the poor survive

[kie]

the amount of the goods we consume raised but the salary are still the same.

[legos]

You gotta find a different job

[rizki_rizki]

Our lives become expensive because we give priority to prestige rather than the main needs

[yinyangwinwang]

1) rich are getting richer while poor get poorer
2) not living off necessity but rather the wants ie poor lifestyle choices

As the disparity widens society struggles. We need to ensure there will be more middle class, this will provide for a efficient society.

[zmkriel]

everything is getting expensive that's why life becomes expensive. even our basic needs becomes expensive from time to time, from bills to our daily needs everyday. here in philippines wages is a little lower that our daily expenses.