Bitcoin Forum
December 12, 2024, 01:47:00 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Inflation is trick for average joe but financial people know truth  (Read 190 times)
325btc (OP)
Jr. Member
*
Offline Offline

Activity: 224
Merit: 5


View Profile
March 18, 2022, 09:49:11 AM
 #1

Average pleb the 9-5 kind of guy have idea how the finances working.
But but... we know central banks do rate hikes so it will decrease money supply we will have shortage of money ohh you not been told that this inflation is just temporary.
But in speed how the prices going up soon 90% people will be out of money its like in crypto we been learned assets prices been pumped up.
The money what was printed it will not last long much so you pay for all high prices as you been duped of this "inflation"

Oil energy food goods and all others is just everbody will pump their own bags.
Futures positions will be long now but dont forget the wall street can make good profit shorting market such us oil and energy and then everybody will be surprised and everybody try to catch a dip but the truth is OUR world works how much central banks do money supply.

Amd very soon we will have shortages of money and prices will fall fast once the average JOE is empty of any money amd savings.
Tytanowy Janusz
Legendary
*
Offline Offline

Activity: 2198
Merit: 1649


Top-tier crypto casino and sportsbook


View Profile
March 18, 2022, 03:26:18 PM
 #2

Average pleb the 9-5 kind of guy have idea how the finances working.
But but... we know central banks do rate hikes so it will decrease money supply we will have shortage of money ohh you not been told that this inflation is just temporary.
But in speed how the prices going up soon 90% people will be out of money its like in crypto we been learned assets prices been pumped up.
The money what was printed it will not last long much so you pay for all high prices as you been duped of this "inflation"

Oil energy food goods and all others is just everbody will pump their own bags.
Futures positions will be long now but dont forget the wall street can make good profit shorting market such us oil and energy and then everybody will be surprised and everybody try to catch a dip but the truth is OUR world works how much central banks do money supply.

Amd very soon we will have shortages of money and prices will fall fast once the average JOE is empty of any money amd savings.


Go and tell your story to people living in Germany after WW1 or now to people from Wenzuela, Zimbabwe or Turkey. While fighing inflation central bankers reduce money supply as much as they can but there are limits to that. For example try to raise rates from 1% to 20% so that people with variable rate mortgage loans get their loan installment pumped by 500%. Try to pay your own debt (as govement) with 20x higher debt servicing costs... Inflation is not something you control like the color of the socks you plan to wear the next day. It is the result of complex processes and after exceeding certain levels it is unstoppable.

avikz
Legendary
*
Offline Offline

Activity: 3304
Merit: 1532



View Profile
March 18, 2022, 03:38:23 PM
 #3

It's nice to read your conspiracy theory but it's doesn't really ring a bell! You have to understand that everything is connected in a mainstream economy. So if common people like you and me run out of money, everything else within the economy will suffer. It's a chain reaction really!

When people have money, they buy things and when they buy things, manufacturers produce those things. To produce those things, manufacturers need employees so they create job opportunities. When employees get paid, they start buying things which in turn creates demand in the market.  Everyone and everything is connected. One part falls out, the entire system will collapse.

Common people will never run out of money. Temporary ups and downs are there but largely it's a lookout of the government to maintain the demand in the market.

passwordnow
Hero Member
*****
Offline Offline

Activity: 3164
Merit: 592


Leading Crypto Sports Betting & Casino Platform


View Profile
March 18, 2022, 03:54:14 PM
 #4

Amd very soon we will have shortages of money
Tell this to the banks that have been printing money since the start of the pandemic or more of that they've been doing it for ages. One reason why inflation is there and won't stop coming because of the continuous printing of money.
So if you're thinking that there will be a shortage of money, you've got to think about it again because that's not going to happen. In food and other resources, shortage is really possible but if it's about money, the banks can produce that anytime.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
passwordnow
Hero Member
*****
Offline Offline

Activity: 3164
Merit: 592


Leading Crypto Sports Betting & Casino Platform


View Profile
March 18, 2022, 10:44:40 PM
 #5

Amd very soon we will have shortages of money
Tell this to the banks that have been printing money since the start of the pandemic or more of that they've been doing it for ages. One reason why inflation is there and won't stop coming because of the continuous printing of money.
So if you're thinking that there will be a shortage of money, you've got to think about it again because that's not going to happen. In food and other resources, shortage is really possible but if it's about money, the banks can produce that anytime.


Nop they can not they cant go over inflation rate.
Its not game money is real and if they did too much they have to take it back agressive ways more rate hikes also until they get balance sheet what was b4
Because it's not just all about the bank but as well as other sectors should take a participation to reduce inflation. But they're contributing a lot with the inflation.
A continuous printing of money, makes a lot of supply and that helps to raise inflation. It's true that one way of defeating or delaying it is through hikes in interest rates and they've been doing that at most times.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Tytanowy Janusz
Legendary
*
Offline Offline

Activity: 2198
Merit: 1649


Top-tier crypto casino and sportsbook


View Profile
March 19, 2022, 02:42:42 PM
 #6


Nop they can not they cant go over inflation rate.
Its not game money is real and if they did too much they have to take it back agressive ways more rate hikes also until they get balance sheet what was b4

IF and only IF they are able to achieve that without destroying companies and jobs, without creating recession or economic crisis. Because at the and of the day people in charge care about winning next election only. You will not win one if, under your control country have seen collapse of economy. So you print just a little bit more to survive next few years. Its easier to avoid peoples anger with 10% rather than 20% unemployment considering a fact that the level of education in the field of economics is so negligible in society that the concept of inflation is foreign.

Tytanowy Janusz
Legendary
*
Offline Offline

Activity: 2198
Merit: 1649


Top-tier crypto casino and sportsbook


View Profile
March 20, 2022, 11:29:12 AM
 #7

Money value must be protected and when inflation the fed hast put the brakes on full speed to not hit fully crash yes it hurts but we all have to pay price for the inflation

Only if they will succeed to protect value of money. Its not something we can take for a certain. It was questionable even before WW3 has started (many foreign policy specialists say that World War 3 has just begun). Studies shows that average fiat currency life span is equal to 27 years. Dollar is already super old.

tyz
Legendary
*
Offline Offline

Activity: 3360
Merit: 1533



View Profile
March 20, 2022, 11:47:45 AM
 #8

Amd very soon we will have shortages of money and prices will fall fast once the average JOE is empty of any money amd savings.

Do you know the term "Fed Put"?

In principle, it describes at the latest when the central bank will intervene again to print more money in order to prevent stock prices from collapsing, which will inevitably happen if consumer prices fall as you describe. Currently, Americans have about 45 trillion invested in stocks. Neither the central bank nor the politicians can accept sharply falling stock prices. So the scenario as you describe it will not happen.
freedomgo
Legendary
*
Offline Offline

Activity: 3318
Merit: 1185


Playbet.io - Crypto Casino and Sportsbook


View Profile
March 20, 2022, 12:38:48 PM
 #9

It's a trick for most people because the majority of the people are employees and they would certainly suffer from the high inflation rate of a country. Unlike those who are in the business sector, they can always makes an adjustment as they are in control of their business, and being a business owners, they'll make sure that they still operate profitably.

███████████████
█████████████████████
██████▄▄███████████████
██████▐████▄▄████████████
██████▐██▀▀▀██▄▄█████████
████████▌█████▀██▄▄██████
██████████████████▌█████
█████████████▀▄██▀▀██████
██████▐██▄▄█▌███████████
██████▐████▀█████████████
██████▀▀███████████████
█████████████████████
███████████████

.... ..Playbet.io..Casino & Sportsbook.....Grab up to  BTC + 800 Free Spins........
████████████████████████████████████████
██████████████████████████████████████████████
██████▄▄████████████████████████████████████████
██████▐████▄▄█████████████████████████████████████
██████▐██▀▀▀██▄▄██████████████████████████████████
████████▌█████▀██▄▄█████▄███▄███▄███▄█████████████
██████████████████▌████▀░░██▌██▄▄▄██████████████
█████████████▀▄██▀▀█████▄░░██▌██▄░░▄▄████▄███████
██████▐██▄▄█▌██████████▀███▀███▀███▀███▀█████████
██████▐████▀██████████████████████████████████████
██████▀▀████████████████████████████████████████
██████████████████████████████████████████████
████████████████████████████████████████
jrrsparkles
Sr. Member
****
Offline Offline

Activity: 2520
Merit: 280


Hire Bitcointalk Camp. Manager @ r7promotions.com


View Profile
March 20, 2022, 02:48:52 PM
 #10

Average pleb the 9-5 kind of guy have idea how the finances working.
But but... we know central banks do rate hikes so it will decrease money supply we will have shortage of money ohh you not been told that this inflation is just temporary.
But in speed how the prices going up soon 90% people will be out of money its like in crypto we been learned assets prices been pumped up.
The money what was printed it will not last long much so you pay for all high prices as you been duped of this "inflation"

Oil energy food goods and all others is just everbody will pump their own bags.
Futures positions will be long now but dont forget the wall street can make good profit shorting market such us oil and energy and then everybody will be surprised and everybody try to catch a dip but the truth is OUR world works how much central banks do money supply.

Amd very soon we will have shortages of money and prices will fall fast once the average JOE is empty of any money amd savings.
You are talking about deflation?

Because with inflation the supply of money will increase so its actual value will decrease against USD or any assets which makes the prices of goods and service will increase but for salaried people it is going to make their life tough year by year and it has been since the creation of paper bills.

█████████████████████████████████
████████▀▀█▀▀█▀▀█▀▀▀▀▀▀▀▀████████
████████▄▄█▄▄█▄▄██████████▀██████
█████░░█░░█░░█░░████████████▀████
██▀▀█▀▀█▀▀█▀▀█▀▀██████████████▀██
██▄▄█▄▄█▄▄█▄▄█▄▄█▄▄▄▄▄▄██████████
██░░█░░█░░███████████████████████
██▀▀█▀▀█▀▀███████████████████████
██▄▄█▄▄█▄▄███████████████████████
██░░█░░█░░███████████████████████
██▀▀█▀▀█▀▀██████████▄▄▄██████████
██▄▄█▄▄█▄▄███████████████████████
██░░█░░█░░███████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
███████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
R7 PROMOTIONS Crypto Marketing Agency
By AB de Royse Campaign Management

███████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████████████████████████████████████████████████████████████████████████████████████████████████
WIN $50 FREE RAFFLE
Community Giveaway

██████████████████████████████████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████
██
██████████████████████
██████████████████▀▀████
██████████████▀▀░░░░████
██████████▀▀░░░▄▀░░▐████
██████▀▀░░░░▄█▀░░░░█████
████▄▄░░░▄██▀░░░░░▐█████
████████░█▀░░░░░░░██████
████████▌▐░░▄░░░░▐██████
█████████░▄███▄░░███████
████████████████████████
████████████████████████
████████████████████████
Fortify
Legendary
*
Offline Offline

Activity: 2884
Merit: 1202


Get $2100 deposit bonuses & 60 FS


View Profile
March 20, 2022, 03:31:03 PM
 #11

Average pleb the 9-5 kind of guy have idea how the finances working.
But but... we know central banks do rate hikes so it will decrease money supply we will have shortage of money ohh you not been told that this inflation is just temporary.
But in speed how the prices going up soon 90% people will be out of money its like in crypto we been learned assets prices been pumped up.
The money what was printed it will not last long much so you pay for all high prices as you been duped of this "inflation"

Oil energy food goods and all others is just everbody will pump their own bags.
Futures positions will be long now but dont forget the wall street can make good profit shorting market such us oil and energy and then everybody will be surprised and everybody try to catch a dip but the truth is OUR world works how much central banks do money supply.

Amd very soon we will have shortages of money and prices will fall fast once the average JOE is empty of any money amd savings.

Every country in the world goes through periods of boom and bust. It is every politicians aim to keep their economy going smoothly, but unfortunately there are events like Covid and the war in Ukraine that come along which are able to throw things all out of whack and occasionally it is bubbles like the financial crisis of 2008 which just blew up. Central banks can only work with a few tools with interest rates being one of them - you could argue that they were left far too low for far too long and "cheap money" creates all sorts of asset bubbles. It's long overdue that they are raised, but it might be a little too late because the next crash could arrive before they are raised high enough that they can be later dropped to remove some pressure. It's all a very fine balancing act and while these bankers are well paid, in crisis it's a job no one should envy.


░░░░░░░░░░░▄▄▄██████▄▄
░▄██▄░░▄▄███▀▀▀░░░▀▀███▄
░░░░░░░░░░░░░█▄█░▄░░░░░░░░░░░░░▄▄▄
░░▀██████▀
░░░░░░░░░░░███▄░░░░░░░░░░░░░▄▀▀▀░░░░░░░░░░░▄██▀░█░░░░░░░░░░░░░░░▄█
░░░▄████
░░░░░░░░░░░░░░███░░░░░░░░░░░░███░░░░░░░░░░░░░██░░█░░░░░░░░░░░░░░░▄██
░░██▀░▀██
░░░░░░░░░░░░███▀░░░░░░░░░░░▄▄▄░░░▄▄░▄▄▄▄░░░███░█▄▄░░░░░░▄▄▄▄░░▄▄██▄▄▄▄
░██▀░░░▀██
░░░░░░░░░░███▀░▄▄█▀▀██▄░░░███░░▄██▀▀▀███░░███▀▀███░░░▄██▀▀██░░░██
███
░░░░░███░░▄▄▄▄████▀░▄██▀░░░██▀░░███░░░██▀░░░██▀░███░░░░██░░██▀░▄██▀░░███
██░▄
░░░░░██░████▀▀▀░░░▄██▄░░░██▀░░▄██▀░░███░░░███░░██░░░░██▀░█████▀░░░▄███
██▄▀█░░░▄██░░▀███
░░░░░▀█████▀██████████▀██░░░██████▀█████████▀▀██▄▄▄██▀▀███▄▄▄██▀
░███▄▄▄███
░░░░▀███▄░░░░░▀▀▀░░░▀▀░░░▀▀▀░░▀▀░░░░░▀▀░░░░▀▀▀▀▀░░░░░░▀▀▀▀░░░░░░▀▀▀▀
░░▀▀███▀▀
░░░░░░░▀███▄▄░░░░▄▄
░░░░░░░░░░░░░░░░░░▀▀███████▀
░░░░░░░░░░░░░░░░░░░░░░░▀▀

 ▄▄▄▄▄▄▄▄░░░░░░▄▄▄██▄
██████████████████████▄
██████████████████████▀
█████████████████████
██████▀▀▀▀██████████
▀████░░░▄██████████
░░░░░░░▄██████████
░░░░░░███████████▀
░░░░▄████████████
░░░▄████████████▀
░░░█████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████

UP TO
60 FS

.PLAY NOW.
teosanru
Hero Member
*****
Offline Offline

Activity: 2114
Merit: 619


View Profile
March 20, 2022, 03:42:53 PM
 #12

Average pleb the 9-5 kind of guy have idea how the finances working.
But but... we know central banks do rate hikes so it will decrease money supply we will have shortage of money ohh you not been told that this inflation is just temporary.
But in speed how the prices going up soon 90% people will be out of money its like in crypto we been learned assets prices been pumped up.
The money what was printed it will not last long much so you pay for all high prices as you been duped of this "inflation"

Oil energy food goods and all others is just everbody will pump their own bags.
Futures positions will be long now but dont forget the wall street can make good profit shorting market such us oil and energy and then everybody will be surprised and everybody try to catch a dip but the truth is OUR world works how much central banks do money supply.

Amd very soon we will have shortages of money and prices will fall fast once the average JOE is empty of any money amd savings.
Hahah the problem is that no matter if you are average or extraordinary, you just don't have solution for inflation. Until you are the part of economy you'll always face the heat of inflation in direct or indirect way. Even business persons might take loans at lesser interest rates and use them to generate money at higher interest but still when spending they will end up facing the heat of inflation anyways.
so98nn
Hero Member
*****
Offline Offline

Activity: 2114
Merit: 603


View Profile
March 20, 2022, 04:14:54 PM
 #13

Ok so the trick is to live with it or “leave” it. That’s all we can do if we are ordinary or average peeps trading in the market. The problem is not with central banks or Wall Street shorting positions, the problem is with us when we are scared and selling our assets right after this happens. We don’t think this through and we are impatient in selling the stuff. When we sell we loose that’s the simplest explanation for this. If we wanna be in the market then just choose the stable assets. For example, if I’m in bitcoin then my next move should be moving into stable coins and keeping calm until the air is cleared.
gantez
Full Member
***
Offline Offline

Activity: 1736
Merit: 121


View Profile
March 20, 2022, 04:30:50 PM
 #14

It's a trick for most people because the majority of the people are employees and they would certainly suffer from the high inflation rate of a country. Unlike those who are in the business sector, they can always makes an adjustment as they are in control of their business, and being a business owners, they'll make sure that they still operate profitably.

Business owners are still under the regulation of government and they are being watched not to over profit from the people. I think most inflation that happen is from government and the policy they introduce. If government reduce supply of money, it will give effect on the economy and if they increase supply, the same thing will happen. It should be in good data and moderate and inflation won't go high, business people too will be guided with that.
amishmanish
Legendary
*
Offline Offline

Activity: 1904
Merit: 1159


View Profile
March 20, 2022, 04:50:17 PM
 #15

Economic cycles is one of the most fundamental truths of the way economy behaves. This means that it is impossible to come to a stable, final point for an economy. This is because there are so many interactions, so many stakeholders and so many transactions involved that the overall process can never be stable, Just like Brownian motion. This randomness ensures the cycles, which ensures changes in supply and demand, which inevitably results in inflation.

The trick isn't that "inflation is not real" but the trick is that the centralized entities that govern policies have vested interests driven by politics. This means that there is no natural method for markets to weed out unethical or inefficient participants. This is why decentralization and Bitcoin is so huge. It gives an alternative to this system.
adaseb
Legendary
*
Offline Offline

Activity: 3878
Merit: 1733


View Profile
March 20, 2022, 07:49:28 PM
 #16

Most average working middle class people have no idea what inflation is until they go to the grocery store, buy gas, pay their electric bill and find out how expensive everything has gotten in the past year.

Then they look at CPI and realize that unless they get at least a 10% raise they are going to have much less buying power in the new year. Most people get like 2% raises each year because that is what the typical inflation was last few years however it’s obviously no the case. Hence why people are predicting stagflation and a recession.
Gozie51
Hero Member
*****
Online Online

Activity: 2702
Merit: 633


DGbet.fun - Crypto Sportsbook


View Profile
March 21, 2022, 01:04:17 PM
 #17


Amd very soon we will have shortages of money and prices will fall fast once the average JOE is empty of any money amd savings.

The government has ways to control inflow of money and how to cause scarcity. If JOE runs out of money, that doesn't mean that government don't know the next step of action. They can very well do that through giving out cheap loan with lower interest rate, this will attract people to pick it up and within months the system is back again. Such loans to be attractive, it will come with soft collateral and it will help to go along way for even lower class people to collect it.

jaberwock
Legendary
*
Offline Offline

Activity: 2772
Merit: 1127



View Profile
March 22, 2022, 11:29:04 AM
 #18

Business owners are still under the regulation of government and they are being watched not to over profit from the people. I think most inflation that happen is from government and the policy they introduce. If government reduce supply of money, it will give effect on the economy and if they increase supply, the same thing will happen. It should be in good data and moderate and inflation won't go high, business people too will be guided with that.
Like the other comment has pointed out employees are mainly the ones who suffer from this inflation whenever it happens in a country. I have seen several cases where there is inflation and the currency’s loss in value almost doubles but employers do not increase salary to a reasonable amount for their employees.

This is really bad and most employees get to hardly survive because of this, they end up with the same amount of payments every month even after that there has been a huge inflation that is not in favor of most people in the country. Employers should be urged to also  increase payments for their employees when there is such a situation in the country as a way to match the inflation and also make life better for the employees.

AicecreaME
Sr. Member
****
Offline Offline

Activity: 2464
Merit: 455


OrangeFren.com


View Profile
March 22, 2022, 03:55:51 PM
 #19

It's a trick for most people because the majority of the people are employees and they would certainly suffer from the high inflation rate of a country. Unlike those who are in the business sector, they can always makes an adjustment as they are in control of their business, and being a business owners, they'll make sure that they still operate profitably.


I guess this is the sad reality about the financial aspect of most people. Inflation rate really takes a toll on the lives of ordinary and working classes. They are always affected whenever there's a price increase in the market due to inflation reasons. Having a fixed and stagnant salary which isn't really enough to sustain the cost of living in some countries, it makes it hard for them to even survive on daily basis.

Unlike to those people who are living comfortably their lives because they are in the upper bracket of the society. They just need to adjust and adapt to the changes, which they can easily do compared to those averages and lower bracket since they have the means.

████████████████████                                                    OrangeFren.com                                                ████████████████████
instant KYC-free exchange comparison
████████████████████     Clearnet and onion available #kycfree + (prepaid Visa & Mastercard)     ████████████████████
stepwilli
Sr. Member
****
Offline Offline

Activity: 1045
Merit: 273


View Profile
March 23, 2022, 09:12:34 AM
 #20

You do know that Fiat is not the same thing as cryptocurrency? They still are totally different and what you have explained here is what the case maybe when it comes to cryptocurrency. If it comes to cryptocurrency, whenever it loses its value there is still the opportunity for it to still increase in the future. Which we have seen this happen several times and on a longer-term there has been a bigger increase in the value of cryptocurrency especially bitcoin.

But, when it comes to Fiat whenever it loses its value it tends to be kind of a permanent loss. That’s why you see inflation continue and Fiat continues to lose its value on a long-term.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!