Money value inflation Feeling that money is not worthed??

[Polo7]

I feel everyday that my 100$ have less and less puraching power!

And high inflation is to blame here!


Do you feel the same?
No matter how much money you got you feel that has no value??


Do you feel same? 

[20kevin20]

Absolutely. It's a quite smooth transition from today's purchasing power to tomorrow's weaker purchasing power, so on a daily/weekly basis it's not that big of a change.

I don't know if countries using USD or EUR feel the same, but 10 years ago here in Romania you could've filled a shopping cart with ~100-150 EUR while today you'd fill half of it with the same amount of money.

Inflation is very real and a very legit problem we're most likely all experiencing. I've always admired this following statement: "Gold does not become more expensive. It's fiat losing its purchasing power."

[Krillin61]

We should all be prepared for this, let me make it clear,  inflation is not a thing to be feared. This is just a phenomenon where there is a lot of money that it inflates its value. Think of it as a balloon that will be pumped with more air until bursts out and deflates.

[fiulpro]

Money is not worthless but the government who is controlling it is , they are not able to crater to the needs of a growing population so they are mowing down forests , creating a havoc for the wild life , Making things more costly , decreasing the amount of jobs , taking more and more taxes from the people and at the end when they are not being able to control the inflation they try and control the market.
Do you know the government withholds a lot of things and burn them also to prevent it's price to be increased ?

[Polo7]

Money is not worthless but the government who is controlling it is , they are not able to crater to the needs of a growing population so they are mowing down forests , creating a havoc for the wild life , Making things more costly , decreasing the amount of jobs , taking more and more taxes from the people and at the end when they are not being able to control the inflation they try and control the market.
Do you know the government withholds a lot of things and burn them also to prevent it's price to be increased ?

When economy crashes down and less money in circlelation then money will have biggest value Again and assets will be cheap!!

[FanatMonet]

Money is not worthless but the government who is controlling it is , they are not able to crater to the needs of a growing population so they are mowing down forests , creating a havoc for the wild life , Making things more costly , decreasing the amount of jobs , taking more and more taxes from the people and at the end when they are not being able to control the inflation they try and control the market.
Do you know the government withholds a lot of things and burn them also to prevent it's price to be increased ?

When economy crashes down and less money in circlelation then money will have biggest value Again and assets will be cheap!!

What nonsense, if this is not sarcasm, then I don’t even know what I can advise you. If the global economy collapses, the only way you can use banknotes is to use them as toilet paper. Because, their value will become insignificant, as examples, this is Germany in 1918, and Zimbabwe.

[Strongkored]

I also feel a decrease in the value of currency because inflation in my country is between 5-6% / year and the value of inflation indicates that the prices of goods are rising so make our money lose the value. We can rise our money value with investment not saving, investment in stock or crypto (but this is very high risk).

[kaya11]

I feel everyday that my 100$ have less and less puraching power!

And high inflation is to blame here!


Do you feel the same?
No matter how much money you got you feel that has no value??


Do you feel same? 

I have lived for 30 years in this world and the since I have no interest and whatsoever about the basics of economics until I came to college. I felt like my money that I was a kid to buy candies yesterday isn't the same amount of today anymore. So yeah, I felt it, my money needs to be more. to buy the same candy again. We maybe feeling this slowly but you know it's there, losing it's value even more.

[hugeblack]

This feeling has existed since the association with gold was disengaged in 1971, "gold standard/ coverd money", but the speed of influence varies from one country to another. For example, in Venezuela, you will notice that the money is losing its value quickly against the major currencies, while this matter differs in other countries.

In short, inflation will get worse over time, but you have a lot of investment portfolios/tools that will hold their value in the face of this inflation.

[sunsilk]

Everybody feels the same. This is why we should plant our money to several legit investments which will grow soon and it will help us to fight the yearly inflation.

But I'm worried for those people that don't understand the concept of inflation. They don't educate themselves financially and don't even practice saving nor investing.

[NavI_027]

Do you feel the same?
No matter how much money you got you feel that has no value??

Really!? I think that was just over reacting. Anyway, it's your own opinion so I respect it. Well, if you can feel the inflation there in US (I presume) then what more here in my small country in the SEA . We can  also feel it. Imagin this, When I was in highschool a single egg costs P5 (Six Pesos) but right after I finished my college it now costs P8. See? Though the price hike is not that big but it was still a burden because most of my fellow counrrymen here don't improve their means of living — they got the same amount of salary over the costly goods and services . I guess the inflation is inevitable. So the best thing we can do I guess is to work harder and be wiser when it comes to money management

[Wexnident]

I doubt any country didn't feel any sort of inflation from then to now. Of course, people born just recently (around 20-25 years past today) wouldn't feel it much, but those at a much older scale would probably feel quite an impact seeing something worth $5 then be at around $15 today (just an example).

The scales are tipping but only towards the prices. Jobs at times don't even pay as much compared to the past, and even if IT did, it isn't enough to answer to the inflation problem. Not to mention adjustments to the costs of everyday lives is pretty difficult to manage if again, the inflation problem keeps on continuing while the minimum salary wage stays the same.

When economy crashes down and less money in circlelation then money will have biggest value Again and assets will be cheap!!

Uhhh, you do know that when the economy crashes down, every bill would be pretty useless? But having less money in circulation is indeed the idea, but It'd then be difficult for people to manage money if the values become ranged too high. A balanced amount would be the best for me tbh.

[TIDOVEE]

For every business man, every of your money has value to you, though it is not always enough at any time. But on like in time like this especially when you have seen your money in High value during the bull run and by now it has so devalued. One tend to get discouraged and feel the token is nothing, compared to what you have seen. Secondly, during inflation, the prices of everything around kills the value of the money on you. And it appears as though it has not value since it can't obtain up to what it is worth before.

[verita1]

I also feel inflation closely. I live in Venezuela and the purchasing power of Venezuela has greatly diminished. You know the crisis we are going through, we are news globally. I only get up every day to do my best to cope with all my responsibilities and if I can help someone I do too.
Thank God we have the joy of a new dawn and the opportunity to stand.
Let's continue creating our crypto space!

[arrmia11]

Yes absolutely i feel the same way in everyday will pass the value of the 100$ will go down and its because of the inflation. So we need to save money as much as we can for incase of emergency we have a money to use for.

Don't waste money save it!

[FanatMonet]

And by the way, everyone here is worried about inflation, but no one remembered deflation, when money strengthens on the contrary, and deflation can create much more problems for the country's economy. The most striking example was in Japan, when there was a decline in production due to the strengthening of the yen.

[johnyj]

And by the way, everyone here is worried about inflation, but no one remembered deflation, when money strengthens on the contrary, and deflation can create much more problems for the country's economy. The most striking example was in Japan, when there was a decline in production due to the strengthening of the yen.

Now Japan won't have the same problem since they can use other coins instead of Yen. The biggest problem is that there is no competition in currency market, so that the supply of one single currency will affect so many things in a country. And other coins can not enter mainstream market in a good way

Fiat money works like this: The government print lots of it and use those money to create large project, hire people, construct many useful or useless things, and everyone got a job so that they are satisfied

However, since bitcoins are mined and people hold it like treasure, they have very little effect in creating large project and hire people etc... so it will not become many people's salary and will not get spent

[abhiseshakana]

The value of money will decrease further because of the fact that inflation is always two digits higher than the interest on bank savings, so automatically the value of money decreases day by day. The value of money will be even worse if the increase in the price of goods is higher than the interest rate or the level of business profit.

To get around the decline in the value of money due to inflation is not to save all the money in the bank but to save more of his assets in the form of assets whose value is fixed or tends to rise but is easily disbursed at any time such as gold and other precious metals.

[Linkkoin]

Inflation as such is a direct result of fiat money becoming unrelated to even a partial gold standard. Some countries as well as weaken their currency (by printing more of it) in order to boost export and make import more expensive or simply to roll their debt or try to minimize effects of an economic crisis.

But as well we have other reasons for inflation which are indirect - increasing the labour cost, media (like water, electricity), taxes paid by companies or even in case of agricultural products weather. Anyway, the final payer for these is always the end customer.

In the modern world as well the bank savings account interest rate is often below the inflation rate - therefore it can be compared to literally burning money.

This is why there is a growing popularity of looking for more profitable forms of investments, including cryptocurrencies or stocks.

[Twentyonepaylots]

Do you feel the same?
No matter how much money you got you feel that has no value??

Really!? I think that was just over reacting. Anyway, it's your own opinion so I respect it. Well, if you can feel the inflation there in US (I presume) then what more here in my small country in the SEA . We can  also feel it. Imagin this, When I was in highschool a single egg costs P5 (Six Pesos) but right after I finished my college it now costs P8. See? Though the price hike is not that big but it was still a burden because most of my fellow counrrymen here don't improve their means of living — they got the same amount of salary over the costly goods and services . I guess the inflation is inevitable. So the best thing we can do I guess is to work harder and be wiser when it comes to money management

The observation made by yours are natural on every country. There is a price hike on products due to some factors like higher labor costs, higher minimum wage for workers or whether there is an emergency happening that the supplier are taking advantage of. You are right, the inflation is inevitable. As the world advances and so the changes from financial aspect too.

So the best thing we can do I guess is to work harder and be wiser when it comes to money management

Not for my mindset, if you really want to be rich or a financial free person you should start a business with what's on trend. like what? Crypto of course.