Is it just me or people are out of liquidity ( money ) ?

[marilynmanson21]

everyone must have felt liquidity to the point of ZERO but all returned to each other how is our effort not to always be financially empty, as long as COVID hits my country the same as you the economy is running slowly because there are barriers that don't go away, but for the sake of smoothness live, all efforts continue to be made to stay alive and have money

[Leviathan.007]

You didn't say where do you live because I think there is a different situation in each country but if you want to speak generally I can see during the recent years due to the economic crisis all over the world many people lost their jobs and many businesses were closed also the financial markets were surfing some emotional reactions buy newcomer traders and we saw many sharp price movements also this could make some people rich but in the other hand there are more people suffering economic problems.

[Oceat]

You didn't say where do you live because I think there is a different situation in each country but if you want to speak generally I can see during the recent years due to the economic crisis all over the world many people lost their jobs and many businesses were closed also the financial markets were surfing some emotional reactions buy newcomer traders and we saw many sharp price movements also this could make some people rich but in the other hand there are more people suffering economic problems.

You aren't reading the replies above you.

Romania is my country

Anyway, for OP, people are just spending wise since inflation is almost everywhere and I think it happens to every country. Plus the pandemic is one of the reasons too that's why people have to spent less on luxurious stuff and since you said that there's a limit to every product they buy then, I think your government already knew that there might be people who wants to hoard buying the basic stuff that already happened last year ever since the COVID-19 started.

[The Sceptical Chymist]

The crypto market isn't out of liquidity though, the price went up overnight from $37K to $41K. Volume and the spike are certainly not a confirmation of what you are saying.

Yeah, I was certainly surprised to see that.  I wasn't sure which way bitcoin was going to move, but the fact that it was upwards a few thousand dollars means there's likely still a lot of money to burn on risky investments--which means there's still a lot of money floating around out there.

I'd also say that the fact that OP doesn't see a lot of people at malls and shopping centers near where he lives may be deceptive.  People could be buying a lot of stuff online, and obviously that wouldn't be observed by anyone other than the people who bought said stuff.  I'm also really not sure what "liquidity drying up" means in the context of the general economy.  That phrase has meaning in trading markets, of course, but the general public not having enough cash available to them should never be a problem--especially since most transactions are done with smartphones or debit/credit cards. 

[TimeTeller]

The crypto market isn't out of liquidity though, the price went up overnight from $37K to $41K. Volume and the spike are certainly not a confirmation of what you are saying.

Yeah, I was certainly surprised to see that.  I wasn't sure which way bitcoin was going to move, but the fact that it was upwards a few thousand dollars means there's likely still a lot of money to burn on risky investments--which means there's still a lot of money floating around out there.

I'd also say that the fact that OP doesn't see a lot of people at malls and shopping centers near where he lives may be deceptive.  People could be buying a lot of stuff online, and obviously that wouldn't be observed by anyone other than the people who bought said stuff.  I'm also really not sure what "liquidity drying up" means in the context of the general economy.  That phrase has meaning in trading markets, of course, but the general public not having enough cash available to them should never be a problem--especially since most transactions are done with smartphones or debit/credit cards. 

That is very right. With the pandemic, a lot of people are shopping online whether food or basic necessities.
The e-commerce industry definitely gained so much during this period because it is like our new normal.
As most people prefer to stay at home these days, you won't really find many people just roaming around for nothing like before.
Also, as much as possible, people are learning their lessons this pandemic. Many are spending their money only to necessary supplies.

[spy100]

The crypto market isn't out of liquidity though, the price went up overnight from $37K to $41K. Volume and the spike are certainly not a confirmation of what you are saying.

Yeah, I was certainly surprised to see that.  I wasn't sure which way bitcoin was going to move, but the fact that it was upwards a few thousand dollars means there's likely still a lot of money to burn on risky investments--which means there's still a lot of money floating around out there.

I'd also say that the fact that OP doesn't see a lot of people at malls and shopping centers near where he lives may be deceptive.  People could be buying a lot of stuff online, and obviously that wouldn't be observed by anyone other than the people who bought said stuff.  I'm also really not sure what "liquidity drying up" means in the context of the general economy.  That phrase has meaning in trading markets, of course, but the general public not having enough cash available to them should never be a problem--especially since most transactions are done with smartphones or debit/credit cards.  

That is very right. With the pandemic, a lot of people are shopping online whether food or basic necessities.
The e-commerce industry definitely gained so much during this period because it is like our new normal.
As most people prefer to stay at home these days, you won't really find many people just roaming around for nothing like before.
Also, as much as possible, people are learning their lessons this pandemic. Many are spending their money only to necessary supplies.

Why would people buy food online ? isn't food more expensive if you include delivery cost ?

https://www.foodandwine.com/news/delivery-app-prices-higher-fees-2021-pandemic

Avg Joe will never buy food online ... he buys the ingredients and cooks home , if he buys online must be a special occasion ...

[Darker45]

On a personal level, nothing has changed much. Prices are increasing but I can still manage to support my needs and even some wants. For now, I am not in any way tightening my belt. But, in general, a lot of people are actually having a very hard time due to the economic impact of the pandemic. A lot of people are losing jobs, losing other sources of income, losing businesses, and so on.

These times are particularly harder not only because jobs are scarce but also because prices of goods and services are increasing no end while movements are greatly limited.

[spy100]

On a personal level, nothing has changed much. Prices are increasing but I can still manage to support my needs and even some wants. For now, I am not in any way tightening my belt. But, in general, a lot of people are actually having a very hard time due to the economic impact of the pandemic. A lot of people are losing jobs, losing other sources of income, losing businesses, and so on.

These times are particularly harder not only because jobs are scarce but also because prices of goods and services are increasing no end while movements are greatly limited.

I was right ...
https://www.youtube.com/watch?v=sc1yikYbc_0

[sana54210]

it is only you or only on your country because on our country there are still people that shops on mall or on any establishments that I see but of course the number is low compared to numbers that I saw on the past but this is because of the covid pandemic where people are restricted to go out if they do not have a vaccination card.

People are now on a budget because they also lost their jobs, that is also because of the covid, that is why they are now budgeting and only buys basic items that are important. Let us hope that all of this are only temporary and we can soon go back on our previous lives where we can be more happier because we have jobs and we can roam outside freely.

I believe that we are talking about basically the same thing if that is the case. Because of covid people lost their jobs and the ones that didn't lose their value versus inflation so it ended up being making majority of the world poorer. That is why I believe that we should not really be shocked that people are out of money these days.

Obviously not everyone, like if you got a mall and there are a thousand people in it then most people will think that everyone is ok and that place will look crowded but nations are populated in tens of millions which means that you can't make a calculation based on just a thousand people. Hence, why I believe that we should not really make calculations based on that and try to guess how the economy looks in the general way.

[DrBeer]

Ukraine, Kiev. Purchasing ACTIVITY, after 2021 fell. Purchasing power also fell, but it cannot be said that globally. First of all, service companies and businesses have suffered due to lockdowns and restrictions. This is tourism, entertainment, etc. But they did not create a significant part of the market in the labor market or income generation. The situation is similar in other cities and regions.

[so98nn]

Depends on country, their situation, job status, and economic budget of the nation.

Usually liquidity is product of all the above things. If the nation is running properly, peeps have jobs and businesses are flourish then economic flow is alway healthy. This means everyone keeps getting money and they keep it spending. The circle goes on. Savings are created, assets are made and interests are flown here and there. Everything makes it greener and the liquidity stays proper.

If in your country things are not ok, then its not peeps, its the poor management that might be affecting it. Could be seeding of inflation. Idk, you have spared too tiny info to understand the exact situation there.

[wxa7115]

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

For what I can tell where I live there was a small decrease in the economic activity but nothing too serious, after all we need to remember that a lot of people were not prepared for the pandemic and they needed to change their priorities when it comes to money, and in many cases money is still tight even at the moment.

Still I think that things have improved since the worst of the pandemic seems to have passed already, however different regions will be affected differently depending on how  much the businesses on the area were affected and if people lost their jobs or not, so maybe what you are seeing is not really a reflection of what is happening in your country and it is happening only at the region where you live.

[stepwilli]

Are you really sure about what you are saying? This is not the issue in my country, the only time that things seemed like that and you would go to the mall and wouldn’t really see any much people was during the pandemic and lockdown around 2020. In those times you would go to the mall or anywhere in the market and you wouldn’t see much people around, and also people were complaining about lack of money and food. But now there has been a change, and there is no lockdown anymore, so if you go to the mall or anywhere at all, even the cinemas, you will see a lot of people.

So, I don’t really get why it’s like that in your country, when there is no lock down or anything at all. Unless there’s a situation going on?

[davis196]

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

Most of the people with below average income are hit by the inflation,so they are trying to cut their spending.
That doesn't necessarily mean that they are "out of liquidity".
Many middle class people in my country were hoarding goods,because of the expectations of higher inflation.
The poor people with lower income cannot afford the luxury of buying more goods and hoarding them,that's why they buy less goods and focus on the most basic stuff.
Having a stagnant economy with bad expectations about the future can force many people to increase their savings,in order to keep more money "for a rainy day".
Perhaps this is what you mean,by saying that the people are out of liquidity.

[SquallLeonhart]

Depends on country, their situation, job status, and economic budget of the nation.

Usually liquidity is product of all the above things. If the nation is running properly, peeps have jobs and businesses are flourish then economic flow is alway healthy. This means everyone keeps getting money and they keep it spending. The circle goes on. Savings are created, assets are made and interests are flown here and there. Everything makes it greener and the liquidity stays proper.

The economic activities in a country don’t just drop like that, and there must have been something that have triggered it to happen. Maybe there is something that the OP is not aware of or maybe he just didn’t mention it’ cause he thought that wouldn’t be the reason.

It’s quite possible that the economy can drop and the country’s currency can lose value due to inflation. But, that doesn’t mean that if you go to the marketplace that there wouldn’t be much people, and the product that people are buying would drop in quantity. There will still be people in the market, and there would be as much activities as it used to be. Unless it is a country that is all of a sudden filled with poverty.

[Kakmakr]

It is not that people are out of cash, but simply that people are paying with debt now. They opt to use Credit cards or Debit cards and most of them stopped using Cash. The whole Covid epidemic has changed people's perspective on handling something that was touched by many people before them, so cash is one of them. (Even the cards are being tapped now for small amounts.... to prevent physical contact with surfaces that were used by other people)

I also think a lot of people has lost their jobs as a result of all these lockdowns for Covid, so there are a lot less consumers spending money now. 

[Beparanf]

It is not that people are out of cash, but simply that people are paying with debt now. They opt to use Credit cards or Debit cards and most of them stopped using Cash. The whole Covid epidemic has changed people's perspective on handling something that was touched by many people before them, so cash is one of them. (Even the cards are being tapped now for small amounts.... to prevent physical contact with surfaces that were used by other people)

I also think a lot of people has lost their jobs as a result of all these lockdowns for Covid, so there are a lot less consumers spending money now. 

Agree on this, I was forced to use debit cards and credit to transact online for buying all my necessities. Physical right now in my country is still not fully open because of many restriction imposed by the government. People here like me just buy goods on online merchant website since most them are selling all the goods from food, clothes, gadgets and anything that we used in our daily lives so even if malls are now open, People still choose to shop online due to a threat of Covid-19 and also for convenience for not going outside and risk health of the family.

[Natalim]

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

I guess the pandemic affected everyone all over the world, except for those people who are really rich. Most of us are struggling, so people will choose not to spend on things that are not necessary as we don't know how far this struggle of ours will last.

[yhiaali3]

The same thing in my country, there is a great economic recession, high prices and poor financial liquidity for most people, because of the epidemic, many economic problems have appeared in many countries that have led to high prices, poor liquidity and faltering of the business sector. Governments have failed to find good solutions to this crisis and a mistake The economic policies of most countries lead to more economic stagnation and deterioration. I don't know how long this bad situation can continue, but it is really annoying.

[Marvell1]

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

For what I can tell where I live there was a small decrease in the economic activity but nothing too serious, after all we need to remember that a lot of people were not prepared for the pandemic and they needed to change their priorities when it comes to money, and in many cases money is still tight even at the moment.

Still I think that things have improved since the worst of the pandemic seems to have passed already, however different regions will be affected differently depending on how  much the businesses on the area were affected and if people lost their jobs or not, so maybe what you are seeing is not really a reflection of what is happening in your country and it is happening only at the region where you live.

I don't know what is going on Romania. But if I talk about middle-income countries like Vietnam, India, I've visited there....

They are suffering from a very serious problem due to the pandemic situation. A large part of people have lost their jobs. The price of the commodity is so high that all but a few rich people are able to afford them end the rest are struggling to make ends meet. No one has money. Another problem is that producers are failing to get the right price for their products because the brokerage class is taking advantage of their ignorance.

The job has become a golden deer. Even after getting adequate education, the youth are not getting jobs. The frustration of unemployment surrounds them.

Rich people are getting richer day by day and poor marginalized people are getting poorer day by day.