Wind_FURY (OP)
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All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE. That's what happens if a non-elected cabal is made to have control over the money supply. Look at this list. Start researching about your country's central bank policies, read the news, and know if your country is about to have, or is currently having high inflation. Because your country could be next for a mass protest. ALBANIA, https://twitter.com/the_real_fly/status/1545878203419484161ECUADOR, https://twitter.com/mikehudema/status/1545913723143049217PAKISTAN, https://twitter.com/steve_hanke/status/1542993951816200192ITALY, https://twitter.com/_janey_j/status/1544711333421240322BULGARIA, https://twitter.com/thevoicealexa/status/1545799463029116931GHANA, https://twitter.com/steve_hanke/status/1545558353916489728MACEDONIA, https://twitter.com/berniespofforth/status/1545065945139494915NETHERLANDS, https://twitter.com/_janey_j/status/1544711986340052992INDIA, https://twitter.com/puritan_777/status/1544832499800543233SPAIN, https://twitter.com/radiogenova/status/1542913033772703745CANADA, https://twitter.com/radiogenova/status/1542751499406680064PANAMA, https://twitter.com/buperac/status/1545880489331855360POLAND, https://twitter.com/dalefourtrump/status/1545915976117624833ARGENTINA, https://twitter.com/americanladyj/status/1546011015388598272IRELAND, https://twitter.com/kurdsatenglish/status/1538452248124170241SOUTH KOREA, https://twitter.com/spriteer_774400/status/1543665339510177792CHINA, https://twitter.com/investmentshulk/status/1546222694756122625
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LoyceMobile
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July 18, 2022, 09:06:05 AM |
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Structural inflation isn't in the interest of the average citizen, and it's forced upon us by central banks. It's the main reason I'm into Bitcoin: I believe money should be scarce to be valuable.
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Husires
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July 18, 2022, 09:22:34 AM |
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All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE.
This is an illustration of inflation among a group of countries since 1980 ( https://www.reddit.com/r/Bitcoin/comments/w16jum/global_inflation_since_1982_bitcoin_is/,) and if you notice, many countries have gone through hyperinflation and yet those countries continued to exist with/without minor changes in the ruling class. Therefore, high inflation does not mean that the country will face a political crisis or the government will be changed, but it is one of the highest factors that if political unrest does not occur, it will make the position of the poor more poor. The bottom line is that mismanagement is what makes the state corrupt, and it is what leads to political turmoil.
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Charles-Tim
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Leading Crypto Sports Betting & Casino Platform
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July 18, 2022, 02:19:03 PM |
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Structural inflation isn't in the interest of the average citizen, and it's forced upon us by central banks. It's the main reason I'm into Bitcoin: I believe money should be scarce to be valuable.
Some people do not know what bitcoin is, they do not know it can be an hedge against inflation, but instead, they are calling it scam, hyip, ponzi and all false kind of names. The bottom line is that mismanagement is what makes the state corrupt, and it is what leads to political turmoil.
Sometimes, inflation is beyond corruption, some leaders are not just capable. I can see my country always depending on the whites, they do not want to come up with something of their own and they are failing. They always value the white countries than their own. See phones, computers, their OS and other modern technologies not beyond USA, China and few other developed countries. The reason I always pity the next generations of my country. The present generation do not even have believe in themselves, the leaders completely worsen the situation because they are the ones living the luxurious lives of foreign products while not even having the initiative to make their country be like that.
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Lucius
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July 18, 2022, 03:52:36 PM |
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Governments generally have nothing against protests if they are not violent and do not block key roads. There is no question at all that people are dissatisfied with the development of events, but even with the best will of all governments, the hole we have fallen into is too deep to get out of it just like that.
What will stop the protests to a greater extent are very likely epidemiological measures which, given the increase in the number of infected people, will probably be in force again in 1-2 months. Let's remember the big protests in Hong Kong or the yellow vest protests in France, which are still going on as of 2018 - little has changed for the better.
I'm not saying that people shouldn't protest, but apart from the violent overthrow of the government, which rarely happens, the real power can be shown in the parliamentary elections when they can elect some other new people and give them a chance to try to make a better society for everyone. There is a saying that bad governments are elected by people who stay at home during elections, and this is unfortunately true in many countries.
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fiulpro
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July 18, 2022, 04:14:30 PM |
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Lets roll back and talk about 2022, the things that the world faced in 2022 :
War Pandemic
Both of these together are the most awful combinations as well and then we have a massive decline in sources like grains and also oil this the prices will ofcourse rise which also means that, government cannot just sit down and try and do their best because at the end of the day, they cannot control these things, only to an extent, in the USA people were given so much money due to the pandemic now the situation is still terrible is it not ?
They should have definitely handled it better but they cannot just take away all the negative waves from these things.
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ChrisPop
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July 18, 2022, 06:46:14 PM |
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We all know that the current financial system based on centrally controlled fiat currencies has its flaws. We go through booms and busts. After the economic problems caused by the COVID pandemic and the instability generated by the international conflicts we should expect recessions, even depressions and possibly civil wars (we already have military wars *ukraine and pressure is on Taiwan as well)
Thanks for documenting the tweets, but something tells me this is just the beginning. People in developed are facing difficulties with keeping up their lifestyle. Think about the third world countries where wages are exponentially smaller. Let's not forget that the winter hasn't come yet. That's when most of the casualties happen.
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Upgrade00
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July 18, 2022, 08:40:02 PM |
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Inflation is just figures indicating certain metrics. The actual effect of inflation is felt by the masses, especially the poor and middle class. They are usually the least financially educated, and with Small and Medium Enterprises (SMEs) being badly affected by poor fiscal policies, they also lose sources of income. in the USA people were given so much money due to the pandemic now the situation is still terrible is it not ?
The idea of printing excessive amounts of money to stimulate spending was a sort of band aid solution to a critical issue, leading to higher inflation and higher cost of living.
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bitgov
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July 18, 2022, 11:24:21 PM |
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Inflation is just figures indicating certain metrics. The actual effect of inflation is felt by the masses, especially the poor and middle class. They are usually the least financially educated, and with Small and Medium Enterprises (SMEs) being badly affected by poor fiscal policies, they also lose sources of income. in the USA people were given so much money due to the pandemic now the situation is still terrible is it not ?
The idea of printing excessive amounts of money to stimulate spending was a sort of band aid solution to a critical issue, leading to higher inflation and higher cost of living. What are protests going to do - Government are not much concerns about people interest they are much concerned about the Ukraine and Russia war how to put sanctions on countries which are neutral - and how to make a regime change. This inflation is obvious.
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Rruchi man
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July 19, 2022, 06:22:04 AM |
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All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE.
I fear that this issue of inflation has also had an effect on the security of lives and property. We need no percentage to estimate and say that the level of insecurity has risen and it is evident from my all around us with more desperate individuals who are willing to do or go any length to be able to survive the present harsh economic realities caused by inflation. We all have to exhibit caution and care in dealing with individuals around us, both the ones we think we know and the ones we don't know.
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South Park
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July 19, 2022, 07:20:44 AM |
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All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE.
This is an illustration of inflation among a group of countries since 1980 ( https://www.reddit.com/r/Bitcoin/comments/w16jum/global_inflation_since_1982_bitcoin_is/,) and if you notice, many countries have gone through hyperinflation and yet those countries continued to exist with/without minor changes in the ruling class. Therefore, high inflation does not mean that the country will face a political crisis or the government will be changed, but it is one of the highest factors that if political unrest does not occur, it will make the position of the poor more poor. The bottom line is that mismanagement is what makes the state corrupt, and it is what leads to political turmoil. The most important factor when it comes to inflation is the price of food, and this is because those that are poor spend a great deal of their budget on food already and if the price of food begins to increase out of control then this means that they are going to have a lot of trouble to feed themselves and their families, after all there is a limit to how much you can slash your food costs, and if we go a little bit deeper we can see this affects the rest of the economy greatly as well, because if now the majority of the budget of the people go towards food then there is very little money left for anything that is considered to be nonessential, slowing down the economic activity and at the same time this will reduce the stability of the country to the point that massive protests become almost a given at that point.
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oHnK
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July 19, 2022, 09:00:33 AM |
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I fear that this issue of inflation has also had an effect on the security of lives and property. We need no percentage to estimate and say that the level of insecurity has risen and it is evident from my all around us with more desperate individuals who are willing to do or go any length to be able to survive
Everything is connected in the end because of high inflation, alot people will be doing things that they shouldnt do to survive. Its all about survival in the end and inflation will not affect the rich that much, all those poor people at the bottom will be getting the severe effect first so that will also rise the security issue for all other people
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Wind_FURY (OP)
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July 19, 2022, 09:43:00 AM |
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Structural inflation isn't in the interest of the average citizen, and it's forced upon us by central banks. It's the main reason I'm into Bitcoin: I believe money should be scarce to be valuable.
Or currency issuance should be known, transparent, and predictable like Bitcoin's issuance. Everything is already known from the first day the protocol went online, and if important changes are made in the protocol, it must go through the community first, not by a centralized entity. Shaolinfry's UASF/BIP-148 was the first illustration of the community's power over the cartel of miners, https://bitcointalk.org/index.php?topic=1805060.0
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Poker Player
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July 19, 2022, 09:50:18 AM |
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Structural inflation isn't in the interest of the average citizen, and it's forced upon us by central banks. It's the main reason I'm into Bitcoin: I believe money should be scarce to be valuable.
In this respect, I am a great believer in Gresham's law: I want money that is not scarce to spend and money as a store of value to save. I doubt very much that we will ever see a society with a scarce currency, which tends to appreciate, for everyday payments.What is scarce and goes up in price is more of an investment.
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davis196
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July 19, 2022, 10:26:06 AM |
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Protesting against inflation is like protesting against the weather. It's totally pointless. Can the protesters force the central banks to stop printing money? Nope. Can the protesters stop the war in Ukraine and change the hostile relations between Russia and the western world(which leads to high fuel prices)? Nope. The protesters want government support, which will lead to more government debts and bigger budget deficits(which will make the inflation worse). Some protesters even want fixed prices or controlled prices. Those people don't know how market economy works. Fixed prices will cause big shortages of goods and a possible black market. The only way to survive the inflation is to make more money and cut all unnecessary costs.
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Leviathan.007
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July 19, 2022, 11:53:35 AM |
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I believe the links are much more than this and there are still other countries where people are protesting because of the inflation rate and maybe due to the lack of news we don't know about them. Because if you check the countries on the list you can see the protests are happening in the developed countries even in the countries with a good economic situation. So there is the worst situation in other countries where they had no strong economic power. The inflation rate we increasing all the time but recently we can see much more food crises compared to the last years and months.
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livingfree
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July 19, 2022, 11:59:01 AM |
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Lets roll back and talk about 2022, the things that the world faced in 2022 :
War Pandemic
Both of these together are the most awful combinations as well
These two factors are to blame for the fall of Sri Lanka and yeah, majority of the countries that still haven't recovered fully are due to these crises. and then we have a massive decline in sources like grains and also oil this the prices will ofcourse rise which also means that, government cannot just sit down and try and do their best because at the end of the day, they cannot control these things, only to an extent, in the USA people were given so much money due to the pandemic now the situation is still terrible is it not ?
They should have definitely handled it better but they cannot just take away all the negative waves from these things.
That printing of money also contributed to that inflation but for US, they've made something to counter it at least like increasing interest rates. But those countries that have been badly affected by it are still suffering. And on EU, it's not just all about inflation but also the catastrophe of heat wave.
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stompix
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July 19, 2022, 12:30:33 PM Last edit: July 19, 2022, 01:42:21 PM by stompix Merited by hatshepsut93 (3), Lucius (1), Z-tight (1) |
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If your source is Twitter, then grab a shovel and start digging your bunker behind the house cause aliens are coming. I was quite curious about those protests, especially since I'm from Europe, I read the news and since the weather really didn't match, and guess what: https://www.reuters.com/article/factcheck-italy-protest-idUSL1N2YO22WThis is a protest from 2019 and it's against the compromise with Bulgaria over the Bulgarian minority and language https://www.rferl.org/a/macedonia-bulgaria-eu-france/31928792.htmlVideo from 2015 and from Belgium: https://www.dailymail.co.uk/news/article-3225155/Thousands-dairy-farmers-set-light-haystacks-spray-police-hay-eggs-furious-protests-outside-EU-headquarters-Brussels-low-price-produce.html COVID-19 vaccine mandates protest. Seriously, with just a few that I've checked being fake videos from a decade or so ago, lock this topic, it's an insult to anyone who spends two seconds researching what an army of bots from mordor spams the net as real news.
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Fortify
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July 19, 2022, 06:34:09 PM |
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All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE.
That's what happens if a non-elected cabal is made to have control over the money supply. Look at this list. Start researching about your country's central bank policies, read the news, and know if your country is about to have, or is currently having high inflation. Because your country could be next for a mass protest.
If you think cryptocurrency is a magic bullet to any of those issues you are sadly mistaken. We had 10 years of relative stability before Covid struck and we really took it for granted, after the global pandemic shut down massive supply chains (and continues to do so) it caused all sorts of problems that lead to this inflation. On top of that Putin declared war on Ukraine for no reason and brought war back to Europe for the first time in over 70 years. All these major disruptions have trickled down and affected the poorest countries the hardest, while even very developed countries are struggling to make sense of it. However we have yet to see a true recession hit and it seems politicians are intent on pushing it back as long as possible, which might just end up making it larger and more dangerous.
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Wind_FURY (OP)
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July 20, 2022, 10:56:17 AM |
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Protesting against inflation is like protesting against the weather. It's totally pointless. Can the protesters force the central banks to stop printing money? Nope. Can the protesters stop the war in Ukraine and change the hostile relations between Russia and the western world(which leads to high fuel prices)? Nope. The protesters want government support, which will lead to more government debts and bigger budget deficits(which will make the inflation worse). Some protesters even want fixed prices or controlled prices. Those people don't know how market economy works. Fixed prices will cause big shortages of goods and a possible black market. The only way to survive the inflation is to make more money and cut all unnecessary costs.
They are protesting NOT against inflation, but its effects. They are protesting because they can't afford to buy food, if there was food left on the shelves. They are protesting because fuel prices are unaffordable, if there are fuel left to buy. They are protesting against a group of non-elected people who are in charge of the monetary system. In what region of the world are you? If you can say that the protests are "pointless", then you are lucky to still have enough food, fuel, and affordable living conditions. Do you actually believe those people will be on the streets if they were living comfortably?
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