High inflation is causing GLOBAL protests

[Wind_FURY]

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/1545878203419484161

ECUADOR, https://twitter.com/mikehudema/status/1545913723143049217

PAKISTAN, https://twitter.com/steve_hanke/status/1542993951816200192

ITALY, https://twitter.com/_janey_j/status/1544711333421240322

BULGARIA, https://twitter.com/thevoicealexa/status/1545799463029116931

GHANA, https://twitter.com/steve_hanke/status/1545558353916489728

MACEDONIA, https://twitter.com/berniespofforth/status/1545065945139494915

NETHERLANDS, https://twitter.com/_janey_j/status/1544711986340052992

INDIA, https://twitter.com/puritan_777/status/1544832499800543233

SPAIN, https://twitter.com/radiogenova/status/1542913033772703745

CANADA, https://twitter.com/radiogenova/status/1542751499406680064

PANAMA, https://twitter.com/buperac/status/1545880489331855360

POLAND, https://twitter.com/dalefourtrump/status/1545915976117624833

ARGENTINA, https://twitter.com/americanladyj/status/1546011015388598272

IRELAND, https://twitter.com/kurdsatenglish/status/1538452248124170241

SOUTH KOREA, https://twitter.com/spriteer_774400/status/1543665339510177792

CHINA, https://twitter.com/investmentshulk/status/1546222694756122625

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[LoyceMobile]

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.

[Husires]

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.

[Charles-Tim]

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.

[Lucius]

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.

[fiulpro]

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.

[ChrisPop]

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.

[Upgrade00]

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.

[bitgov]

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.

[Rruchi man]

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.

[South Park]

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.

[oHnK]

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

[Wind_FURY]

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

[Poker Player]

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.

[davis196]

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.

[Leviathan.007]

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.

[livingfree]

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.

[stompix]

ITALY, https://twitter.com/_janey_j/status/1544711333421240322

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-idUSL1N2YO22W

BULGARIA, https://twitter.com/thevoicealexa/status/1545799463029116931

This 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.html

NETHERLANDS, https://twitter.com/_janey_j/status/1544711986340052992

Video 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

CANADA, https://twitter.com/radiogenova/status/1542751499406680064

 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.

[Fortify]

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.

[Wind_FURY]

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?

[Altryist]

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.

The correct remark, in the autumn-winter period, everything can become much aggravated. When the heating season comes, this will be a big test for many countries. Also, in addition to this, the inflation rate may continue to rise, which will exacerbate the situation of the poor. Add to this the food crisis and one can only imagine what it all can lead to.

[CryptoYar]

PAKISTAN, https://twitter.com/steve_hanke/status/1542993951816200192

A few months ago, the government has changed in Pakistan and the new government increased the price of almost everything, not just oil and electricity. And in the video, folks are protesting against the electricity price increase and burning the electricity bill, and saying "We are not going to pay it you dogs" 

[naira]

The impact of inflation will be felt even if it only exists in the US. Then other countries will feel the same. Moreover, every country is experiencing similar conditions that lead to chaos everywhere. In some cases, inflation in each country did not end well, everything became chaotic and it was difficult to reorganize the government system. We've seen plenty of examples of this lately, and as usual, this year has been in turmoil.
The number of countries you mentioned, indicates the government's failure to tackle inflation. Surviving in the midst of a price condition that seems as if the price of bran becomes unaffordable, basic needs increase, and unemployment which is also beaten down by mass layoffs completes that every country must have alternative finance. El Salvador with Bitcoin payments was born when inflation was beyond repair. Isn't that one of the factors that become a reference for every country? provide anticipation before all the chaos occurs.

[Coin_trader]

In Philippines, You can see bunch of post like this all the time no matter who’s the president regardless of which side of the party. But knowing that issue is already global makes it even more scarier because people here that against the government will surely use this for negative campaign.

Anyway Government can’t do anything about this because world bank debt and fiat unli print is the main reason why we are all this messed.

[palle11]

The political instability of the world is the major reason that inflation is still on the increase. Ukraine is ongoing in the crisis and they are one of the biggest producer and exporter of wheat that is used to make different household food including the most popular which is bread. This product because it is not available like it used to be is having the effect of scarce commodity and therefore causing inflation to its chain of byproducts. If instability continue then it will keep increasing inflation. Production of oil is part of the problem likewise.

[kryptqnick]

Perhaps right now the protests are due to similar things, but situations can differ and we should remember that. Sometimes protests are related to political events (like Maidan in Ukraine in 2013-2014). Sometimes it's related to ethical-political matters (Black lives matter, UK protests against Rwanda deportations). And, of course, there are countries that have major economic issues but where people don't take the issues onto the streets.
My country is Ukraine, and we're big on protests, but usually on political ones, not economic ones. That's because when we have bad economic situations, there are big objective reasons that explain them, so the government it's really blamed. I can see inflation hitting our local fiat already, but nobody's going to protest against high prices and inflation or low minimum wage now because, you know, there's a war going on.

[LoyceMobile]

They are protesting against a group of non-elected people who are in charge of the monetary system.

This, in my opinion, is the main problem. Central banks have far too much power, they seem to decide on their own what they're going to do, and nobody holds them accountable for the problems they create.

[virasisog]

Most countries are suffering from the inflation crisis. We're all hardly affected by the pandemic which has a huge impact on our economic condition. Even the war between Ukraine and Russia has something to do with this increasing inflation rate. There are also corrupt government officials that ruin the economic condition of a country. Negative events also influence the economy. I think the inflation rate will continue to strike higher and we can't do anything about it but to survive.

[Gyfts]

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.

The war and the pandemic contributed to inflation such that they caused the most irresponsible fiscal policy seen in modern history. Most developed countries locked down their economies and provided stimulation through money printing which caused the foreseeable result of inflation.

The pandemic/war would have caused supply chain issues due to low supply and high demand, but the prices would eventually stabilize once the supply normalized. Government induced inflation by virtue of money printing will cause permanent price increases irrespective of the supply chain logistics. Once the money is injected into the economy, it will be there forever.

[Kakmakr]

What did people expect to happen when politicians and corrupt medical experts exploited the economy to serve their hidden agendas during the Covid Lockdowns. Most people says "natural immunity" was the solution to the pandemic and not a total lockdown. The total lockdowns only extended the painful ending of the pandemic.

The only people who benefited from those lockdowns were the politicians. They got bribes and the economy suffered as a result... small businesses with little of zero cashflow had to close their doors. This in turn increased unemployment and less tax income for those same politicians.

[coupable]

This is a list of countries where demonstrations have been announced. I can assure you that many other countries suffer from manifestations on an almost daily basis and a rise in social demands as a result of policies resulting from currency inflation. Some may think that the Ukrainian war is the reason, but in my opinion, it is the last reason. Whoever watches the situation in Lebanon and many other countries can notice that it is not related to modern factors, and despite this we do not find them on this list.

[uneng]

This is a list of countries where demonstrations have been announced. I can assure you that many other countries suffer from manifestations on an almost daily basis and a rise in social demands as a result of policies resulting from currency inflation. Some may think that the Ukrainian war is the reason, but in my opinion, it is the last reason. Whoever watches the situation in Lebanon and many other countries can notice that it is not related to modern factors, and despite this we do not find them on this list.

Yes, and there are also those countries which are in the middle of the process, that is on the stage things aren't out of control yet, so the population isn't concerned about what is going to happen next. Governments have been running ponzi schemes for too long. Sometimes temporary solutions are created to make these schemes continue working (the called economic plans), so government buy more time, but inevitably they can't fix the economical issues of the modern society without touching the ones who are at the top of the pyramid. And actually, governments are never going to do this, because they want the support of the people at the top for their respective parties and plans to continue ruling the country.

[Wong Gendheng]

Inflation is a complicated problem that is difficult to overcome, and I believe the trend of inflation will continue because countries are free to print money, no country can control inflation, and some countries that have gone bankrupt such as Sri Lanka, Zimbabwe and so on started from uncontrolled inflation. .

[LoyceMobile]

In today's news (roughly translated and sarcasm added): "ECB takes a strong step against inflation by increasing the interest to 0.0%".

[DVlog]

I think it the time to kick out useless paper cash from our economy came. The current economic system has proved to be a massive failure. A petrodollar is nothing but a valueless piece of paper that is backed by fake promises and assets that don't exist. Govt just fooling us by printing more paper which devalued our assets continuously. A cashless economy and blockchain need to be implemented for better transparency.

[Hydrogen]

Sri Lanka could be one to keep an eye on. Protestors there stormed the capitol building. The President of sri lanka fled the country, taking a plane to the maldives.

‘This is a huge moment’: Sri Lankans vow to continue protests until demands are met

He had been elected on the back of a chauvinistic roar of ultranationalism. But in the end Sri Lanka’s strongman president, Gotabaya Rajapaksa, was reduced to making a meek, humiliating escape under the cover of darkness, refusing to even address his own people before he fled.

As Sri Lankans awoke to the news on Wednesday morning that their beleaguered president had departed to the Maldives on an air force jet on the day he had promised to finally resign after months of protests, the mood in the country was one partly of relief, and partly of rage.

“What an absolute coward,” said Sineth Hindle, 27. “Gotabaya filled his pockets with our money, bankrupted our county and then ran away. He must be held accountable.”

https://www.theguardian.com/world/2022/jul/13/this-is-a-huge-moment-sri-lankans-vow-to-continue-protests-until-demands-are-met

How events unfold from this point forward could be relevant to the rest of the world.

Can sri lankans organize enough to elect a new President or establish a new government? Their current deposed President is said to have run under a banner of supposed ultra nationalism. There would seem to be a severe disconnect between campaign promises made by politicians and their actual allegiances. Sri lankans have some obstacles to overcome, if they're to re establish the functionality of their state. Many around the world would appear to have similar problems.

[coupable]

This is a list of countries where demonstrations have been announced. I can assure you that many other countries suffer from manifestations on an almost daily basis and a rise in social demands as a result of policies resulting from currency inflation. Some may think that the Ukrainian war is the reason, but in my opinion, it is the last reason. Whoever watches the situation in Lebanon and many other countries can notice that it is not related to modern factors, and despite this we do not find them on this list.

Yes, and there are also those countries which are in the middle of the process, that is on the stage things aren't out of control yet, so the population isn't concerned about what is going to happen next. Governments have been running ponzi schemes for too long. Sometimes temporary solutions are created to make these schemes continue working (the called economic plans), so government buy more time, but inevitably they can't fix the economical issues of the modern society without touching the ones who are at the top of the pyramid. And actually, governments are never going to do this, because they want the support of the people at the top for their respective parties and plans to continue ruling the country.

Sometimes matters go beyond the limits of the state's energy so that the global situation is a determining factor. Going back in history, we note the feast of global crises that indirectly or retroactively led to the collapse or crisis of economic systems. An example of this is the crisis of the thirties of the last century, where a crisis in the American economy caused a state of stagnation in the global economy, which led to a second world war. Also, the financial sector crisis in 2008, which caused a high level of unemployment worldwide.

[bitzizzix]

Even though the pandemic seems to be over, the world is still feeling its effects, there is a lot of pent up demand and interest rates are still lower than pre-pandemic levels. This means more money with people and an appetite to spend, which leads to rising prices.
but that's only one side, supply can not meet demand, with supply chain bottlenecks that continue to worry.
and not just a pandemic, the Russo-Ukrainian war has caused a lot of uncertainty as both countries are major suppliers of commodities, supply disruptions from these countries have led to sharp price increases.
Moreover, the price of crude oil is at its highest level in the last 8 years, and I think it all happened and was influenced by these two things.

[amishmanish]

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.

Well said we all.. I think banks have for ages used stick and carrot policy to keep us working,  The fed create money control its supply and then lend it to generate interest for banking system, again relending the money and generating interest.  Businesses have created wars, inflation, and hyperinflations to bring government  under their control and enslaving nations 
 Meanwhile high inflation high to ensure that we work for more money to pay debts and we take more credit to fulfill our needs. Thus remain stuck in this vicious cycle forever.

[cabron]

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.

Some people doesn't even know what Inflation is. And its the money of the ignorants are gotten and moved to the well informed.
History always repeat itself, it may not look the same but its always rhyme as they were saying. The poor gets poorer since they have no insights on what to happen while the government plans to print money to bail out businesses.

Today countries are starting to revise policies like countries from EU shifting back to coal inorder to support the mass for energy. They'd have to do this really for they don't want unhappy citizen rallying the streets. A country full  of hungry men will do a protest and loot malls and food storage, it happens in the past.

[lovesmayfamilis]

Some people doesn't even know what Inflation is.

The most offensive thing to the protesters is that their government does not hear their citizens. The government labels the protesters as extremists. People are dissatisfied with fuel prices, low salaries, etc. This year, almost every resident of Europe felt inflation. The impression is that the world is rolling into some kind of bottomless abyss and no one has made a decision to stop it. It seems that this is the limit, but analysts predict even greater problems with the onset of cold weather.

[justdimin]

The most offensive thing to the protesters is that their government does not hear their citizens. The government labels the protesters as extremists. People are dissatisfied with fuel prices, low salaries, etc. This year, almost every resident of Europe felt inflation. The impression is that the world is rolling into some kind of bottomless abyss and no one has made a decision to stop it. It seems that this is the limit, but analysts predict even greater problems with the onset of cold weather.

That is the most humiliating thing to me as well. We have protests in my nation as well and we took the streets, thankfully we got the prices down a bit, our nation has a lot of government controlled pricing, it is not a fully liberal nation but we have privately owned companies that are just priced controlled by the government, so the profit goes in the pockets of regular people, but they can't charge 300x more than what they cost them to make that thing.

Government let the prices be for a few months, which resulted with capitalist bosses to increase the prices 5x-10x higher suddenly, when they shouldn't, and we protested and it cut down 50% back again thankfully, it is still a lot more than what it used to be, something that used to be 100 bucks, became 700, and now back to 350, that is still 3.5x higher, but at least not x7 higher and that is something so we stopped.

[Wind_FURY]

I'm sorry that SOME of those videos were fake, or not the actual protests as the narrative of those tweets, BUT it doesn't mean that some countries around the world are not suffering from high inflation, higher food prices, and higher costs of living. It might be just the beginning of a global instability especially if inflation continues to surge up in many regions.

[Agbe]

The inflation is something else in the world now. The macro Economic deficiencies are alarming day after day. The high cost of living in Africa, mostly in Nigeria is unbearable and the worst part of it all is that, the two major arms of government (the executive arm comprises with the police and other law enforcement agencies and the Judiciary the lawyers) which would have been a supportive arms to the people are also with the oppressive class. So if you protest, just like, it is a waste of time.
In any epoch in history in the world, elected cabals have not control the money in the world, nation, and the regional communities. The control of money of Money is in the hand of the cabal. They tell the government what to do. The elected government is only meant to manage the Economy for the non elected cabals.
That is why Karl Marx said, the only way to destroy the cabal is revolution but the revolution will not come to pass because the masses (people) are not united. The cabal also divide the people, that is some people support them while the other against them.

As for me, the only solution for this high cost of living in the world is a bloody revolution against the cabals not even the government because the cabal control the prices of goods and services. The cabal own the industries.

Central Bank of Nigeria Policy 2022
NIGERIA, https://nairametrics.com/2022/07/19/central-bank-of-nigeria-raises-monetary-policy-rate-to-14/

[bitgov]

I'm sorry that SOME of those videos were fake, or not the actual protests as the narrative of those tweets, BUT it doesn't mean that some countries around the world are not suffering from high inflation, higher food prices, and higher costs of living. It might be just the beginning of a global instability especially if inflation continues to surge up in many regions.

That is correct - protests are all over and people are protesting to show their anger and dismay over inflation and all the hike.
But these protest are not going to work because they are all over. However the only solution is to keep oneself busy and earn as much as one can.

[Stella Mese]

I am personally concerned about the current state of the world economy, starting from rising fuel prices and so on. I hope that the world economy will quickly improve and progress. and now many companies are also closed. and forced many of its employees to be laid off from work, by the company. yes, hopefully they are given patience. and may the world economy recover quickly and progress.

[wmaurik]

I am personally concerned about the current state of the world economy, starting from rising fuel prices and so on. I hope that the world economy will quickly improve and progress. and now many companies are also closed. and forced many of its employees to be laid off from work, by the company. yes, hopefully they are given patience. and may the world economy recover quickly and progress.

What you say is already happening in the country I live in now. And what I really feel right now is about the increase in fuel prices and basic necessities, so that it makes some small people suffer a little to meet their daily needs. I am a person who has a personal job, but the income from my current job is very low due to the increase in fuel and basic needs, even though the amount of income is still the same.

[stompix]

I'm sorry that SOME of those videos were fake, or not the actual protests as the narrative of those tweets,

All of them that are labeled as being from Europe!
So you know some are fakes, some are a decade old, some are out of context but you make zero effort to delete them as it would destroy your FUD?
Just out of curiosity, how does it feel to be labeled with serious proof as a FUD-ist? Karma is incredible sometimes.

BUT it doesn't mean

Back in the communist times, there was this joke about radio Yerevan:

-Is it true that Rabinovitch won a new car on the lottery?”,
and the radio answers:
- “In principle yes, it’s true, only it wasn’t a new car but an old bicycle, and he didn’t win it but it was stolen from him.”

Just like your Twitter proofs.

[Findingnemo]

I don't find the Sri Lanka in this list of countries because I believe that is facing the most economic crisis due to high inflation rate even the current leaders were thrown out by people after continuous protests for very long time. But inflation is not something new but people failed to understand the concept or governments all around the world kept it from reaching the people's knowledge for decades but now due to the internet boom everything is in our palm if we want to know we can learn.

[bitgov]

I don't find the Sri Lanka in this list of countries because I believe that is facing the most economic crisis due to high inflation rate even the current leaders were thrown out by people after continuous protests for very long time. But inflation is not something new but people failed to understand the concept or governments all around the world kept it from reaching the people's knowledge for decades but now due to the internet boom everything is in our palm if we want to know we can learn.

I agree, I heard that they have a huge debt in other countries and that causes the country economy to collapse. Sooner or later I believe that my country will make a protest as well. Inflation in here is very bad, working from 8 to 5 jobs cannot provide you a better budget for the whole family, I needed to have multiple work so that I could have a savings, our country's having a huge debt as well and even in the few next generation it will not be paid so easily, consider that dollar is getting higher in here.

These protests are not going to work ...people will get used to it.
Inflation trouble is everywhere - people are in stress because they have so many things to deal with it. .  . the health, wealth and other stresses.

[RealMalatesta]

I heard that they have a huge debt in other countries and that causes the country economy to collapse. Sooner or later I believe that my country will make a protest as well. Inflation in here is very bad, working from 8 to 5 jobs cannot provide you a better budget for the whole family, I needed to have multiple work so that I could have a savings, our country's having a huge debt as well and even in the few next generation it will not be paid so easily, consider that dollar is getting higher in here.

These protests are not going to work ...people will get used to it.
Inflation trouble is everywhere - people are in stress because they have so many things to deal with it. .  . the health, wealth and other stresses.

The thing is, when you have a protest, it is always about every person, but there is no roadmap to fixing it. I mean think about it this way, let's say you have a president that failed to make the country better and you guys are doing horrible, that's actually quite a few nations explained.

80% of the people protests, and they make the president go away, and now you are rid of the person who destroyed your nation. What's next? That's the problem, that's why it would never be fixed, we need to make sure that there are organizations and people who would take over and actually do well with the people, and there are rarely any in most protests and that's why it never gets better.

[mm2543363580]

The thing is, when you have a protest, it is always about every person, but there is no roadmap to fixing it. I mean think about it this way, let's say you have a president that failed to make the country better and you guys are doing horrible, that's actually quite a few nations explained.

80% of the people protests, and they make the president go away, and now you are rid of the person who destroyed your nation. What's next? That's the problem, that's why it would never be fixed, we need to make sure that there are organizations and people who would take over and actually do well with the people, and there are rarely any in most protests and that's why it never gets better.

The protests are not going to work. The only solution is to earn more money and try to live within your means
Hold you expenses for time being and try taking out loans. Life will be okie.
But this is high time and one need to look into all what is going in the world.

[Silberman]

The thing is, when you have a protest, it is always about every person, but there is no roadmap to fixing it. I mean think about it this way, let's say you have a president that failed to make the country better and you guys are doing horrible, that's actually quite a few nations explained.

80% of the people protests, and they make the president go away, and now you are rid of the person who destroyed your nation. What's next? That's the problem, that's why it would never be fixed, we need to make sure that there are organizations and people who would take over and actually do well with the people, and there are rarely any in most protests and that's why it never gets better.

The protests are not going to work. The only solution is to earn more money and try to live within your means
Hold you expenses for time being and try taking out loans. Life will be okie.
But this is high time and one need to look into all what is going in the world.

And what is even worse is that once the protesters get their way and the current leader has to leave their post the one that takes it is most of the time is someone that already belonged to the previous government, and what kind of solution can that person offer when he was unable to fix things anyway? So while protesting for a change makes sense things do not get fixed just because we wish for that to be the case, and as such the best way to protect ourselves from the effects of the upcoming crisis is by doing the best that we can to have the means to endure it.

[Haunebu]

True, but it's odd that you didn't include several first world countries in that list which are facing similar situations like the US etc. United States are faring worse actually due to issues like mass shootings, abolition of laws like Roe v Wade etc.

Soaring inflation rates across the world could lead to recession in many countries which was mostly expected thanks to COVID and other reasons.

All of these issues will pass though with time and I doubt anything will change in the future.

[Abiky]

The war and the pandemic contributed to inflation such that they caused the most irresponsible fiscal policy seen in modern history. Most developed countries locked down their economies and provided stimulation through money printing which caused the foreseeable result of inflation.

The pandemic/war would have caused supply chain issues due to low supply and high demand, but the prices would eventually stabilize once the supply normalized. Government induced inflation by virtue of money printing will cause permanent price increases irrespective of the supply chain logistics. Once the money is injected into the economy, it will be there forever.

Well the majority of people are either poor or middle class so it's normal to see protests spread across the globe due to ever-increasing inflation rates. We can blame the COVID-19 pandemic and the Russia-Ukraine war for this. Unless these two cataclysms disappear, things won't go back to normal. I sometimes wonder how major governments are going to control inflation when its soaring towards unprecedented levels. If the world experiences hyperinflation, then chances for recovery will be very slim. Imagine a global economy with "eternal inflation". It will mark the beginning of a non-stop recession which would be the first of its kind in human history.

I'd say governments step up to the game by dealing with COVID-19 with a heavy hand. That means lockdowns and full-scale vaccinations in order to contain the virus for good. As for Russia, it would be best for NATO and the EU to step in to end the conflict for good. Unless someone does something about it, things will only get worse. Just my thoughts

[Marvell1]

I am personally concerned about the current state of the world economy, starting from rising fuel prices and so on. I hope that the world economy will quickly improve and progress. and now many companies are also closed. and forced many of its employees to be laid off from work, by the company. yes, hopefully they are given patience. and may the world economy recover quickly and progress.

What you say is already happening in the country I live in now. And what I really feel right now is about the increase in fuel prices and basic necessities, so that it makes some small people suffer a little to meet their daily needs. I am a person who has a personal job, but the income from my current job is very low due to the increase in fuel and basic needs, even though the amount of income is still the same.

Unemployment is on the rise and it happens in almost every company, the fuel and food crisis will not end anytime soon. What we need to do now to get out of this terrible situation is to do more, find for ourselves as many different sources of income as possible. According to my predictions, we will have a global recession by the end of the year based on the current economic and war circumstances.

[oaz7t]

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.

Yeah, it better pan out just right otherwise we all are screwed. I'm also keeping up good faith in the bitcoin and want to keep it that way until the last day of mine. I expect nothing besides it's consistent existence so that I can funds which are untouched by government and I am able to spend them on every fine shiny summary day while I earn them in the cold winter ;-)

See the dreams of common citizen, it's nothing big. No matter how many protest they keep doing or how big the inflation goes, there needs only two faithful people in the bitcoin one whose selling and one whose buying and other way round.

[Wong Gendheng]

What happens to Sri Lanka, Zimbabwe, Argentina and many countries that are currently in trouble with the economy because it starts with high inflation, when the government fails to control inflation, it is certain that the next problem will continue to emerge and is more difficult to control, everyone will use standards Dollar or gold to assess the price while Fiat value continues to decline without control.

[Oasisman]

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?

Yep, protesters have helped enough to make a country become better. These aren't pointless anyway, not unless if they are paid to make a protest without them knowing what they're fighting for (I know some people who's been paid to tag along with the real protesters just to add to the numbers)
Nevertheless, protesters are an important part of a democratic country, without them these politicians may have done worst than what we are experiencing right now.
We all have the right to fight for what's right anyway and these high inflations that's affecting globally is unbearable, especially for those less fortunate.

[monineklutak]

What happens to Sri Lanka, Zimbabwe, Argentina and many countries that are currently in trouble with the economy because it starts with high inflation, when the government fails to control inflation, it is certain that the next problem will continue to emerge and is more difficult to control, everyone will use standards Dollar or gold to assess the price while Fiat value continues to decline without control.

When inflation occurs and the government can't do anything about it then it will cause a bigger problem,
moreover the people who will feel it then the government, especially the head of state will be considered a failure,
What is clear is that all countries experience inflation

[South Park]

What happens to Sri Lanka, Zimbabwe, Argentina and many countries that are currently in trouble with the economy because it starts with high inflation, when the government fails to control inflation, it is certain that the next problem will continue to emerge and is more difficult to control, everyone will use standards Dollar or gold to assess the price while Fiat value continues to decline without control.

When inflation occurs and the government can't do anything about it then it will cause a bigger problem,
moreover the people who will feel it then the government, especially the head of state will be considered a failure,
What is clear is that all countries experience inflation

Since inflation is caused by an increase in the money supply and the ones that control that are the governments and the central banks then we know there are things they can do to slow down the inflation, like stop printing so much money, however they refuse to do so as they believe they can control it, but at some point they lose control of it and that is when things get really ugly and then people begin to ask for a political change, which unfortunately does not solve much when facing such difficult circumstances.

[Gyfts]

The war and the pandemic contributed to inflation such that they caused the most irresponsible fiscal policy seen in modern history. Most developed countries locked down their economies and provided stimulation through money printing which caused the foreseeable result of inflation.

The pandemic/war would have caused supply chain issues due to low supply and high demand, but the prices would eventually stabilize once the supply normalized. Government induced inflation by virtue of money printing will cause permanent price increases irrespective of the supply chain logistics. Once the money is injected into the economy, it will be there forever.

Well the majority of people are either poor or middle class so it's normal to see protests spread across the globe due to ever-increasing inflation rates. We can blame the COVID-19 pandemic and the Russia-Ukraine war for this. Unless these two cataclysms disappear, things won't go back to normal. I sometimes wonder how major governments are going to control inflation when its soaring towards unprecedented levels. If the world experiences hyperinflation, then chances for recovery will be very slim. Imagine a global economy with "eternal inflation". It will mark the beginning of a non-stop recession which would be the first of its kind in human history.

I'd say governments step up to the game by dealing with COVID-19 with a heavy hand. That means lockdowns and full-scale vaccinations in order to contain the virus for good. As for Russia, it would be best for NATO and the EU to step in to end the conflict for good. Unless someone does something about it, things will only get worse. Just my thoughts

The COVID-19 pandemic only takes as much blame as the bad government policy does. The lockdowns weren't required, the money printing wasn't required either. The government could've taken mitigation efforts without shutting businesses down and causing entire industries to be shut down. Inflation effects the poor the most, so I understand why there are global protests. My point is, the anger should be directed at the government officials who decided they had the authority to cease any "non-essential" economic activity.

[qwertyup23]

Ever since the war between Russia and Ukraine began, prices on the general commodities have been steadily increasing. Inflation has been happening globally as fuel shortages has been reduced with the ongoing war. There was also the news that Russia, as the biggest supplier of oil, cuts its channels with Germany. This heavily implies that we will be seeing oil prices getting more and more expensive, thus, driving your car will now be considered as a luxury.

This is now the reason on why investing into cryptocurrency may be the ideal situation. Something that is scarce is bound to increase its price in the near future. With inflation happening, there is a possibility that these countries may utilize the channels of BTCs that can ultimately increase its price on the market.

[bitgov]

Ever since the war between Russia and Ukraine began, prices on the general commodities have been steadily increasing. Inflation has been happening globally as fuel shortages has been reduced with the ongoing war. There was also the news that Russia, as the biggest supplier of oil, cuts its channels with Germany. This heavily implies that we will be seeing oil prices getting more and more expensive, thus, driving your car will now be considered as a luxury.

This is now the reason on why investing into cryptocurrency may be the ideal situation. Something that is scarce is bound to increase its price in the near future. With inflation happening, there is a possibility that these countries may utilize the channels of BTCs that can ultimately increase its price on the market.

And I believe the protest does not work if people do it once and become quiet and silent forever.
Like there was a massive protest which has happened in Turkey and people didn't show up later, what impact it has created?
Thank God I live in country where we can protest - and it does matter.

[wmaurik]

And I believe the protest does not work if people do it once and become quiet and silent forever.
Like there was a massive protest which has happened in Turkey and people didn't show up later, what impact it has created?
Thank God I live in country where we can protest - and it does matter.

It's important to protest against the government in the public interest and for the people, but I'm sure not many people are willing to do that now because in the end they also have to follow state rules or regulations made with government policies. Even though making a protest is a sign that the community still cares deeply for their nation.

[Abiky]

The COVID-19 pandemic only takes as much blame as the bad government policy does. The lockdowns weren't required, the money printing wasn't required either. The government could've taken mitigation efforts without shutting businesses down and causing entire industries to be shut down. Inflation effects the poor the most, so I understand why there are global protests. My point is, the anger should be directed at the government officials who decided they had the authority to cease any "non-essential" economic activity.

Of course. Governments' policies is what has mostly impacted the economy in the first place. Constant money printing and heavy spending has led us to the point where we are right now. The Russia-Ukraine war made matters worst, so it's going to take quite a while before things go back to normal (if they ever will). I couldn't imagine an scenario where hyperinflation would destroy Fiat in its entirety. If that happens, then we'd be doomed.

My guess is that either we'll return to the Gold standard or switch to the Bitcoin standard altogether. No one can predict the future so we can only hope for the best. Just my opinion

[mm2543363580]

The COVID-19 pandemic only takes as much blame as the bad government policy does. The lockdowns weren't required, the money printing wasn't required either. The government could've taken mitigation efforts without shutting businesses down and causing entire industries to be shut down. Inflation effects the poor the most, so I understand why there are global protests. My point is, the anger should be directed at the government officials who decided they had the authority to cease any "non-essential" economic activity.

Of course. Governments' policies is what has mostly impacted the economy in the first place. Constant money printing and heavy spending has led us to the point where we are right now. The Russia-Ukraine war made matters worst, so it's going to take quite a while before things go back to normal (if they ever will). I couldn't imagine an scenario where hyperinflation would destroy Fiat in its entirety. If that happens, then we'd be doomed.

My guess is that either we'll return to the Gold standard or switch to the Bitcoin standard altogether. No one can predict the future so we can only hope for the best. Just my opinion

These protest are not going to help anyway - you suffer mental stress.
The only solution is to have financial freedom. And that is something which will work. Otherwise you will have stress and stress only.

[wmaurik]

These protest are not going to help anyway - you suffer mental stress.
The only solution is to have financial freedom. And that is something which will work. Otherwise you will have stress and stress only.

Protests for anything can only provide information that is not liked by the people so that assistance will not be available, moreover what is being protested is the government which will automatically only hear about the complaints of its people, while realizing these complaints also requires a lot of further consideration. So it's true as you say that having financial freedom is a good solution, but I'm sure not everyone can have that (financial freedom) now. Especially for those who do not have a proper education so when they want to get financial freedom, they definitely have to spend more time to learn everything they need.

[bitgov]

These protest are not going to help anyway - you suffer mental stress.
The only solution is to have financial freedom. And that is something which will work. Otherwise you will have stress and stress only.

Protests for anything can only provide information that is not liked by the people so that assistance will not be available, moreover what is being protested is the government which will automatically only hear about the complaints of its people, while realizing these complaints also requires a lot of further consideration. So it's true as you say that having financial freedom is a good solution, but I'm sure not everyone can have that (financial freedom) now. Especially for those who do not have a proper education so when they want to get financial freedom, they definitely have to spend more time to learn everything they need.

If proctest would have been helpful ..... everyone would have been protesting and getting their demands full filled.
But this is not no solution the only solution is to get financial freedom and earn as much as you could.

[wmaurik]

If proctest would have been helpful ..... everyone would have been protesting and getting their demands full filled.
But this is not no solution the only solution is to get financial freedom and earn as much as you could.

What you need to know is that everyone's abilities are different so not everyone can get financial freedom and earn as much as they can. Although making a protest is not a good solution, but every person or citizen clearly wants to bring out any complaints that they feel need to be heard by the authorities. And I think there are other solutions, such as holding an audience with the authorities to convey all important matters that are still under-served.

[Untomabur]

Globally the economy experiences a recession, the value of consumption that drops in many countries makes many production sectors stop, let alone the presence of pandemics that make conditions more difficult. Certainly not easy to solve complicated problems like now, all I can do is focus on earnings from many sources.

Currently, the problem is very complex and it cannot be separated from what has happened at this time, be it a pandemic, the war between Russia and Ukraine and others.
currently commodity prices are still high and I don't know when this will end,
I think what you say is true that focus on income from various sources

[Baofeng]

The COVID-19 pandemic only takes as much blame as the bad government policy does. The lockdowns weren't required, the money printing wasn't required either. The government could've taken mitigation efforts without shutting businesses down and causing entire industries to be shut down. Inflation effects the poor the most, so I understand why there are global protests. My point is, the anger should be directed at the government officials who decided they had the authority to cease any "non-essential" economic activity.

Of course. Governments' policies is what has mostly impacted the economy in the first place. Constant money printing and heavy spending has led us to the point where we are right now. The Russia-Ukraine war made matters worst, so it's going to take quite a while before things go back to normal (if they ever will). I couldn't imagine an scenario where hyperinflation would destroy Fiat in its entirety. If that happens, then we'd be doomed.

My guess is that either we'll return to the Gold standard or switch to the Bitcoin standard altogether. No one can predict the future so we can only hope for the best. Just my opinion

Or better yet, bitcoin invest is the better option to fight this inflation. As what we have been teach, at least save 6 months of money as buffer, in case some kind of emergency sets it. But the pandemic is very different though, no one was ready and it 's effect still lingers despite it being controlled now. So our money is useless and it's better to invest it somewhere like bitcoin or gold, or even diversify to stocks. We don't want to get caught in this inflation, so we need to react.

[STT]

have control over the money supply.

In this case its literally restriction of supply to wheat and other base ingredients.   No price can buy what isnt there and the richest people closest to the source of supply will take most of the food is the obvious result leaving very little food for more distant or those less able to pay.
   I guess control of the money supply gives that new money to those closest to the FED or similar, it is unfair bias.    However its also the case countries must have a capability to produce not just buy, food and other commodities are so unique they cannot be replaced easily.

[The Sceptical Chymist]

If proctest would have been helpful ..... everyone would have been protesting and getting their demands full filled.
But this is not no solution the only solution is to get financial freedom and earn as much as you could.

Great fuckin' words of wisdom there, dude. 

I'm reading the last page of this thread, and it's filled with shitposts talking about bounties or in extreme generalities such that there's no meaning to what's being written.  OP, you might want to lock this thread up.

As for the protesting, I'm not sure what it's accomplished in the month since this thread was started, although I'm all for people's right to take to the streets and make noise.  Unfortunately, that might be the only effect it has.  Whether the people behind the monetary policy in any given country are elected or not, the average person who gets hit the worst by inflation has very little power or influence and can't do much to help the problem.

But what else is new?  The world has been through many inflationary cycles before, and this one will have an end point eventually.  How much financial pain we all have to endure in the meantime is anyone's guess.

[xSkylarx]

-snip

Here in our country, many people still blames the conflict between Ukraine and Russia, and the pandemic as well. They still can't admit that they elected a corrupted official that has no concrete plans with these economic issues. Some even blame the poor when they are protesting about the rapid increase of commodities. I'm just hoping for country to not go that far like what is happening on those places because my family can't afford to migrate to other countries.

[Abiky]

Or better yet, bitcoin invest is the better option to fight this inflation. As what we have been teach, at least save 6 months of money as buffer, in case some kind of emergency sets it. But the pandemic is very different though, no one was ready and it 's effect still lingers despite it being controlled now. So our money is useless and it's better to invest it somewhere like bitcoin or gold, or even diversify to stocks. We don't want to get caught in this inflation, so we need to react.

With every pandemic, comes an economic recession. It'll be up to us to act quickly by investing in safe-haven assets to help protect our purchasing power as much as possible. Governments will continue to print more money in order to artificially "pump" the economy. This translates into inflation, greatly affecting the average consumer. Despite the recent downturn of the global economy, Bitcoin hasn't moved anywhere (even though prices relative to Fiat declined at a very fast pace). It's censorship-resistant money no government or third party can take from you.

I think Bitcoin is even better than Gold because its portable and its supply is predictable. People just haven't noticed its true benefits yet. At least, we won't have to worry about inflation with Bitcoin as an alternative to the current monetary system. Just my thoughts

[Mario Yamasaki]

When inflation occurs, it automatically makes our expenses increase dramatically, if inflation increases but we do not have alternative income, we can be sure we will go bankrupt and sell assets, if all assets are up then we will experience many difficulties in life.

[$anounimus$]

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.

If I'm not mistaken USD comprises more than 95% of the world's currencies. The euro makes up most of the rest, nearly 20%. If they continue to create inflation, or if they collapse and have no economic or monetary policy to return to, the world economy could fall like dominoes.

It is always good to know the economic situation in your country. Many things in life depend on money – including food, health, and education. So it's good to know these things. We must also realize that we are in a recession right now and many people have lost their jobs or lost their jobs. Things may seem bad right now, but there is hope for the future if we just spread the word to educate others about it so they can prepare for it.

[Taskford]

When inflation occurs, it automatically makes our expenses increase dramatically, if inflation increases but we do not have alternative income, we can be sure we will go bankrupt and sell assets, if all assets are up then we will experience many difficulties in life.

We need to find ways to have more income flow because if we just rely on our 9-5  then we might face difficulties in life because for sure we will heavily feel the inflation happening these days, then might same with other people we might join the protest to the government against this current high inflation rate happening these days.

[Rufsilf]

-snip

Here in our country, many people still blames the conflict between Ukraine and Russia, and the pandemic as well. They still can't admit that they elected a corrupted official that has no concrete plans with these economic issues. Some even blame the poor when they are protesting about the rapid increase of commodities. I'm just hoping for country to not go that far like what is happening on those places because my family can't afford to migrate to other countries.

The crisis started when the covid-19 pandemic hits worldwide, and next is the conflict between Russia and Ukariane. We can really see the suffering of many people, especially those who are living poor, those who just rely on their job, in fact, even average people have also felt what these poor people had experienced. We have seen and heard about a protest in many places but it guess what, this is not the solution to this problem instead, it even adds more. The government should take action and must listen to the community, and look for alternatives, not war.

[Zanab247]

When inflation occurs, it automatically makes our expenses increase dramatically, if inflation increases but we do not have alternative income, we can be sure we will go bankrupt and sell assets, if all assets are up then we will experience many difficulties in life.

That is why many governments don't joke with inflation whenever it occurred in the country than to find a way to end it before it will cause more damage to the economy in the country.  Now that people are still experiencing another inflation in different countries of the world that is causing citizens not to feed well in the land, because of the high inflation which is not good for humanity, I believe, government will still do everything possible to end it like the way they overcame the one COVID-19 has caused some years ago that made many government to demand for more money from the central bank to end the inflation last year 2021.

[sana54210]

The crisis started when the covid-19 pandemic hits worldwide, and next is the conflict between Russia and Ukariane. We can really see the suffering of many people, especially those who are living poor, those who just rely on their job, in fact, even average people have also felt what these poor people had experienced. We have seen and heard about a protest in many places but it guess what, this is not the solution to this problem instead, it even adds more. The government should take action and must listen to the community, and look for alternatives, not war.

Honestly, I am living a decent life and even I got hit. I am not saying that I am wealthy or anything, but I make a pretty good amount of money compared to my fellow citizens, and I have been doing pretty terrible for the past few months because of the inflation and we had protests as well. Don't get me wrong, I am still not living in poverty or anything, I really like my life and I can't complain because there are people living much much worse than me, I am thankful to god for giving me such a blessed life.

But, it is obvious that if I was doing that well and not doing so well now, people who were already not doing well must be basically starving right now.

[cabron]

The crisis started when the covid-19 pandemic hits worldwide, and next is the conflict between Russia and Ukariane. We can really see the suffering of many people, especially those who are living poor, those who just rely on their job, in fact, even average people have also felt what these poor people had experienced. We have seen and heard about a protest in many places but it guess what, this is not the solution to this problem instead, it even adds more. The government should take action and must listen to the community, and look for alternatives, not war.

Honestly, I am living a decent life and even I got hit. I am not saying that I am wealthy or anything, but I make a pretty good amount of money compared to my fellow citizens, and I have been doing pretty terrible for the past few months because of the inflation and we had protests as well. Don't get me wrong, I am still not living in poverty or anything, I really like my life and I can't complain because there are people living much much worse than me, I am thankful to god for giving me such a blessed life.

But, it is obvious that if I was doing that well and not doing so well now, people who were already not doing well must be basically starving right now.

Wait til your government starts finding ways to collect more Tax, its usually the case for civil unrest and its happening in my  country right now. And so is in US where they are now hiring more than 85K IRS agents.

Inflation, Recession and huge taxes are ingredients to civil war. Right now people are still going through enduring these sufferings but once they are fedup, it will be like Sri Lanka. A regime change by the people.

[Abiky]

If I'm not mistaken USD comprises more than 95% of the world's currencies. The euro makes up most of the rest, nearly 20%. If they continue to create inflation, or if they collapse and have no economic or monetary policy to return to, the world economy could fall like dominoes.

It is always good to know the economic situation in your country. Many things in life depend on money – including food, health, and education. So it's good to know these things. We must also realize that we are in a recession right now and many people have lost their jobs or lost their jobs. Things may seem bad right now, but there is hope for the future if we just spread the word to educate others about it so they can prepare for it.

That's certainly true, mate. The US Dollar is still the world's reserve currency, so anything that would impact its value would have a similar effect on other Fiat currencies. What's causing inflation is the disruption in supply chains and high gas prices because of the COVID-19 pandemic and the Russia-Ukraine crisis. If none of these things would've happened, inflation would've been completely under control. I don't think the FED's measure to raise interest rates is going to have any profound reduction in the USD's inflation rate. The US and its allies need to work together to stop the Russian-Ukraine war and contain the COVID-19 virus for the good of the global economy. Otherwise, things are going to get worse.

Many people are already suffering because of the high cost of living. The rich are becoming richer, while the poor, poorer. No one knows what will happen in the future, so we can only hope for the best. Just my opinion

[Sithara007]

Wait til your government starts finding ways to collect more Tax, its usually the case for civil unrest and its happening in my  country right now. And so is in US where they are now hiring more than 85K IRS agents.

Inflation, Recession and huge taxes are ingredients to civil war. Right now people are still going through enduring these sufferings but once they are fedup, it will be like Sri Lanka. A regime change by the people.

That is the case almost everywhere. Here in India, previously long term capital gains on equity, as well as dividends were tax-free. Now we need to pay tax on them. Contribution to the pension fund above a certain threshold was made taxable last year. On top of that, the highest tax bracket is now leached at 42% instead of the previous 35%. Taxes, both direct and indirect are going up. The excuse is that government needs more cash to deal with the economic slowdown that was caused as a result of the COVID pandemic.

[wmaurik]

When inflation occurs, it automatically makes our expenses increase dramatically, if inflation increases but we do not have alternative income, we can be sure we will go bankrupt and sell assets, if all assets are up then we will experience many difficulties in life.

The general impact of inflation is a decrease in people's welfare because the prices of basic goods that are often consumed by people in daily life have increased, while people's incomes always tend to remain constant for all jobs and this makes all people feel tortured and cannot enjoy life as usual. This I say after reading an article that presents the impact of inflation on the economy and there are also other reviews about what factors can cause inflation.

[posi]

When inflation occurs, it automatically makes our expenses increase dramatically, if inflation increases but we do not have alternative income, we can be sure we will go bankrupt and sell assets, if all assets are up then we will experience many difficulties in life.

We need to find ways to have more income flow because if we just rely on our 9-5  then we might face difficulties in life because for sure we will heavily feel the inflation happening these days, then might same with other people we might join the protest to the government against this current high inflation rate happening these days.

Besides overtime and income diversification, we have no way to reduce inflation. Inflation in the US has decreased but inflation in the EU has not cooled down and is likely to continue to soar as winter approaches and their energy problem remains unresolved.
This will continue to weigh on the global economy, it will continue to affect us who will be severely affected.

[Lubang Bawah]

Inflation is a serious problem in the economy, the prediction and budget of the state can be used up only to overcome inflation, when inflation occurs it automatically makes the ability to buy public, and slowly the production will stop and the problem becomes more complicated, inflation is certainly worth we are aware when the initial symptoms have emerged .

[Silberman]

When inflation occurs, it automatically makes our expenses increase dramatically, if inflation increases but we do not have alternative income, we can be sure we will go bankrupt and sell assets, if all assets are up then we will experience many difficulties in life.

We need to find ways to have more income flow because if we just rely on our 9-5  then we might face difficulties in life because for sure we will heavily feel the inflation happening these days, then might same with other people we might join the protest to the government against this current high inflation rate happening these days.

While true this is not something easy to do, many people in theory work a 9 to 5 kind of job but when we add the time needed to go to and from your job to your house and the unpaid overtime we can easily add 2 or 3 hours per day, so most people do not have the energy left to work even harder in the time they have remaining during the day, so even if people want to earn more money they simply are not in the position to try to do so.

[Tony116]

Ever since the war between Russia and Ukraine began, prices on the general commodities have been steadily increasing. Inflation has been happening globally as fuel shortages has been reduced with the ongoing war. There was also the news that Russia, as the biggest supplier of oil, cuts its channels with Germany. This heavily implies that we will be seeing oil prices getting more and more expensive, thus, driving your car will now be considered as a luxury.

This is now the reason on why investing into cryptocurrency may be the ideal situation. Something that is scarce is bound to increase its price in the near future. With inflation happening, there is a possibility that these countries may utilize the channels of BTCs that can ultimately increase its price on the market.

The first inflation was caused by the covid pandemic, the government pumped money while the pandemic raged to save the economy and that was the root cause of this inflation. Along with that, the conflict between Russia and Ukraine has caused the energy to skyrocket, causing inflation to rise rapidly and the risk of a global recession is gradually appearing.

In the past time, we can see that cryptocurrencies and bitcoin are also not immune to the effects of inflation, so there are many questions about whether crypto investment can fight inflation. Maybe it's still not this time.

[TheNineClub]

I remember protests in the last financial crisis (2008), and in all honesty, it did nothing. The only thing we got from it was BTC, and that wasn't really connected to actual protests. I am not saying that protests don't have their place, but regarding the financial crises, they have almost no impact.

[Cryptmuster]

I remember protests in the last financial crisis (2008), and in all honesty, it did nothing. The only thing we got from it was BTC, and that wasn't really connected to actual protests. I am not saying that protests don't have their place, but regarding the financial crises, they have almost no impact.

This is what people have to do, this is how they show their position, this must be done otherwise nothing globally will change. I understand that they will not change anything right away, but my opinion is that if you do nothing and sit quietly, then in the end it will be even worse. It is too early to compare the crisis of 2008 and what is happening now, I think that now the first stages and all the most difficult is still ahead of us.

[edgycorner]

How long before the US joins in?

The great reset is upon us.

Anyways, these protests are frivolous. They will only backfire and will do nothing helpful. The government's hands are tied and everyone is suffering the same fate(thanks to corona). Instead of holding a banner, how about applying some brain and create your local businesses efficient by cutting unnecessary cost thus increasing profit margin and subsequently your wages too.

Force your management(through unions maybe) to adapt efficient methods and use it as a basis for wage increase. Protests will help no one.
We have to help each other in this tough time else no one will get through.

[cabron]

How long before the US joins in?

The great reset is upon us.

Anyways, these protests are frivolous. They will only backfire and will do nothing helpful. The government's hands are tied and everyone is suffering the same fate(thanks to corona). Instead of holding a banner, how about applying some brain and create your local businesses efficient by cutting unnecessary cost thus increasing profit margin and subsequently your wages too.

Force your management(through unions maybe) to adapt efficient methods and use it as a basis for wage increase. Protests will help no one.
We have to help each other in this tough time else no one will get through.

It lies upon what the media wants. Most of them are controlled by the elite in the country eg.  In Trumps case, the palace was attacked by the crowd with just a little push by the media. If its still Trump in the position while committing lots of mistakes like how Biden did these days, Trump would have been assaulted by the crowd. Since he isn't in the position only the FBI raided his mansion.

The media always has the position to control the people, if they want someone kicked out. Its surprising that the laptop of Hunter didn't made the people of US protest widely but this is because the media didn't hyped it.

[wmaurik]

I think the main problem of inflation is that countries are too easy to make new money, when the amount or stock of money continues to increase it automatically makes its value decrease, of course we have to go back to the past financial system, namely using gold and silver which has proven to be effective and will never happen inflation.

The option of eradicating inflation by using gold and silver for payments does look good. But each state party also has to analyze this further because if it can only eradicate inflation but can cause other problems, I don't think it will be the best thing to implement now. Because the problem is not many countries have stockpiles of gold or silver in large quantities to be used in any payment system within the country.

[Silberman]

I remember protests in the last financial crisis (2008), and in all honesty, it did nothing. The only thing we got from it was BTC, and that wasn't really connected to actual protests. I am not saying that protests don't have their place, but regarding the financial crises, they have almost no impact.

It is because of this that direct action is way more effective than protesting, while protesters may look as people which are defending their rights, truth to be told they are just begging for better treatment from their masters, and as you may guess this will never be effective, so what it needs to be done is to take actions which protect us from inflation, investing in gold or bitcoin, avoid debt regardless of how tempting it could be and reduce our expenses are all measures which are way more effective than protesting when it comes to protecting ourselves, but since this requires self-discipline this is not something many people want to do.

[globalpain]

I think the main problem of inflation is that countries are too easy to make new money, when the amount or stock of money continues to increase it automatically makes its value decrease, of course we have to go back to the past financial system, namely using gold and silver which has proven to be effective and will never happen inflation.

The option of eradicating inflation by using gold and silver for payments does look good. But each state party also has to analyze this further because if it can only eradicate inflation but can cause other problems, I don't think it will be the best thing to implement now. Because the problem is not many countries have stockpiles of gold or silver in large quantities to be used in any payment system within the country.

I agree and it is very important to do an in-depth analysis before making a policy,
because if not it is not impossible that the state will cause other problems caused by the policy,
need to be careful in determining it

[Joshapat]

Inflation will be difficult to avoid any country, the central bank that does not have strong control of the stock and circulation of money and goods will make inflation, especially the strongest economic country, the USA also experiences a surge of inflation so that it has a direct impact on the world, and for us the best is to continue to add Sources of income with extra work or investment.

[Sebas.tian]

High inflation occurs in almost all countries, my country which is usually inflation is not more than 5% per year but the Ministry of Economic Report said that inflation until June has reached 13% or has risen more than 2x compared to 2021, of course this is a serious problem let alone Pandemi not yet ends and is the cause of the increasingly difficult economy.

Yes, many countries are still struggle to overcome the inflation pandemic has caused to their economy, that is making their citizens to experience hardship in their land. I believe, many governments are fully prepared to end inflation in their countries, because inflation is not helping the government to make enough income from their sectors the way they used to make a huge amount of incomes from their sectors. Many presidents are planning to budget a huge amount of money to delete this inflation from their countries, so that their citizens can experience deflation in the country to enable them to live a good life in their various communities.

[AicecreaME]

Inflation will be difficult to avoid any country, the central bank that does not have strong control of the stock and circulation of money and goods will make inflation, especially the strongest economic country, the USA also experiences a surge of inflation so that it has a direct impact on the world, and for us the best is to continue to add Sources of income with extra work or investment.

Inflation really happens in every country. Even the richest country has inflation rate. What's not normal is the speed of increase of inflation as time passes by which makes it hard for normal people to get by. For an ordinary working class, sudden movement of inflation rate could greatly affect their budget.

If the inflation will continuously spike instead of toning down, the working class would be severely affected and what more those people who belong beyond the poverty line? The value of money will slowly depreciate because of high inflation rate. Hopefully, the government officials in charge will take good action regarding this matter so it won't go worse. Because if ever, those people protesting right now will grow massively to speak up.

[Wind_FURY]

Inflation will be difficult to avoid any country, the central bank that does not have strong control of the stock and circulation of money and goods will make inflation, especially the strongest economic country, the USA also experiences a surge of inflation so that it has a direct impact on the world, and for us the best is to continue to add Sources of income with extra work or investment.

Inflation really happens in every country. Even the richest country has inflation rate. What's not normal is the speed of increase of inflation as time passes by which makes it hard for normal people to get by. For an ordinary working class, sudden movement of inflation rate could greatly affect their budget.

If the inflation will continuously spike instead of toning down, the working class would be severely affected and what more those people who belong beyond the poverty line? The value of money will slowly depreciate because of high inflation rate. Hopefully, the government officials in charge will take good action regarding this matter so it won't go worse. Because if ever, those people protesting right now will grow massively to speak up.

Taking "good action" would require the Federal Reserve/Central Bank to rate hikes, and tightening the supply of the currency in circulation, which causes the economy to slow down. The choice then of the cabal would be to cause a recession to stop inflation, or leave inflation alone to advance into hyperinflation. What is your Central Bank doing?

[wmaurik]

I agree and it is very important to do an in-depth analysis before making a policy,
because if not it is not impossible that the state will cause other problems caused by the policy,
need to be careful in determining it

Implementing every new and profitable idea is certainly needed by all countries because it is also a welfare for citizens. But new ideas also need to be analyzed so as not to create new problems and override old policies that have been running very safely. So I think this is what some countries are reviewing to be able to implement new ideas that benefit the country and its citizens without any problems.

[sana54210]

I remember protests in the last financial crisis (2008), and in all honesty, it did nothing. The only thing we got from it was BTC, and that wasn't really connected to actual protests. I am not saying that protests don't have their place, but regarding the financial crises, they have almost no impact.

It is because of this that direct action is way more effective than protesting, while protesters may look as people which are defending their rights, truth to be told they are just begging for better treatment from their masters, and as you may guess this will never be effective, so what it needs to be done is to take actions which protect us from inflation, investing in gold or bitcoin, avoid debt regardless of how tempting it could be and reduce our expenses are all measures which are way more effective than protesting when it comes to protecting ourselves, but since this requires self-discipline this is not something many people want to do.

I would guess that protesting would ALWAYS work, because it is creating attention for the problem. Not that it can solve anything or not solve anything, sometimes it does and sometimes it doesn't but at least it gets the attention of everyone. If I know what occupy wall street was from other side of the world, then it means american surely know what it meant as well. So, they can either vote accordingly or they could vote against that idea as well.

The point is that protests are not there to change something, it's there to get attention and if they can actually get that attention, they may change some ideas and some votes which would help them achieve what they want.

[Fortify]

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.

This is just the beginning and we are far from the peak right now, it's going to get a lot tougher in every country - we'll miss the relatively calm, stable and good times we've been living in the past decade. Unfortunately Covid sent a lot of logistics chains out of whack, it was starting to look brighter as much countries came out of the pandemic 2 years later with a bit of a buffer built up for some people. Now the war that Russia started against Ukraine has caused all sorts of new difficulties. The saddest part of it all is how unnecessary it all is, Ukraine was moving towards a more free and democratic society, but Putin was offended that one of his cronies was ousted and decided to murder hundreds of thousands of people because of it.

[teosanru]

I have gone through the tweets, and a lot of them, a few of them are deleted/ accounts suspended, chances are must be misleading or sparking violence, a lot of them don't really mention Inflation, they are just telling about the protests going on in some part of the country due to some issue or the other. Protests have always been going on in every country in some part or the other due to some reason or the other, it's absolutely wrong to connect each and every protest with Inflation, especially in Indian and Canada one has nothing to do with Inflation at all, they are more on environmental topics and socio-cultural issues.

[TheGreatPython]

This is just the beginning and we are far from the peak right now, it's going to get a lot tougher in every country - we'll miss the relatively calm, stable and good times we've been living in the past decade. Unfortunately Covid sent a lot of logistics chains out of whack, it was starting to look brighter as much countries came out of the pandemic 2 years later with a bit of a buffer built up for some people. Now the war that Russia started against Ukraine has caused all sorts of new difficulties. The saddest part of it all is how unnecessary it all is, Ukraine was moving towards a more free and democratic society, but Putin was offended that one of his cronies was ousted and decided to murder hundreds of thousands of people because of it.

I do not think that it will "go down" from here. There is a good chance that we could build from this. Whenever these "resets" happen, it comes out with a brand new company going super strong and the world gets rebuilt because people who ended up with some cash in that period that ends up with a great thing.

Think about it this way, if we could have people who have billions in cash right now go into business and start something new, they could have all the business, all the cheap workers, all the extras whatever and they could end up with something amazing. This isn't the thing they really want because bad economy is bad, but by the time economy gets strong again, they will be big already.

[Abiky]

This is just the beginning and we are far from the peak right now, it's going to get a lot tougher in every country - we'll miss the relatively calm, stable and good times we've been living in the past decade. Unfortunately Covid sent a lot of logistics chains out of whack, it was starting to look brighter as much countries came out of the pandemic 2 years later with a bit of a buffer built up for some people. Now the war that Russia started against Ukraine has caused all sorts of new difficulties. The saddest part of it all is how unnecessary it all is, Ukraine was moving towards a more free and democratic society, but Putin was offended that one of his cronies was ousted and decided to murder hundreds of thousands of people because of it.

It's a crazy world we're living into. Inflation will continue to rise until COVID-19 and the Russia-Ukraine crisis are solved for good. People can't expect the economy to magically recover when such issues are present. Central banks may try to take a "hawkish" stance against inflation, but they will ultimately fail as inflation becomes uncontrollable. The US Dollar was severely affected, causing a "domino effect" over other Fiat currencies such as the Euro and the Japanese Yen. Crypto was once hailed to be a safe haven against inflation (especially Bitcoin), but it has ultimately failed in doing so because of the deteriorating global economy.

The only way to change this is if crypto (mainly Bitcoin) becomes the standard unit of account. This means replacing the US Dollar with Bitcoin as the world's reserve currency. But that's very unlikely to happen soon because governments won't let go of Fiat no matter what. We'll see how everything will turn out to be in the future as the aforementioned events continue to leave a mark in the global economy. Just my thoughts

[lucates]

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.

I don't think it's pointless to protest against inflation. Because the causes of inflation and the types of inflation are many, the protest makes some sense. And the recent protest in Sri Lanka is taken as an example. The only way to survive inflation is not to make more money but to control inflation. That's why the protesters urge the government and federal bank to control it.

[wmaurik]

I don't think it's pointless to protest against inflation. Because the causes of inflation and the types of inflation are many, the protest makes some sense. And the recent protest in Sri Lanka is taken as an example. The only way to survive inflation is not to make more money but to control inflation. That's why the protesters urge the government and federal bank to control it.

Then, whether the Sri Lankan government and federal bank can control this now?
Because controlling inflation is not an easy thing and every important element of the country must all move so that inflation can be controlled properly. Because the government will not be able to do it alone and still have to involve more people in it so that inflation can be controlled.

[Wind_FURY]

I don't think it's pointless to protest against inflation. Because the causes of inflation and the types of inflation are many, the protest makes some sense. And the recent protest in Sri Lanka is taken as an example. The only way to survive inflation is not to make more money but to control inflation. That's why the protesters urge the government and federal bank to control it.

Then, whether the Sri Lankan government and federal bank can control this now?
Because controlling inflation is not an easy thing and every important element of the country must all move so that inflation can be controlled properly. Because the government will not be able to do it alone and still have to involve more people in it so that inflation can be controlled.

What are these protest for?

People protest for a day and then they go back to their home and forget what has happened yesterday. These protest will not bring any good unless they are consistent and they make real demands and ask gov for the relief. nothing is going to change with one hour protest.

They protest probably because they are hungry, because they have nothing to feed their families, because they were laid off from their jobs, or probably they know while they are going through a crisis, their government continues to steal from the people/country.

Maybe you are lucky that you are not in a position the same as they. You can still eat, you have your savings, you have your job.

The people in Bangladesh are starting to do their own kind of protest. Hunt for politicians, https://twitter.com/radiogenova/status/1563212468851052544?s=12&t=zmB_iDz-JXEzGwPy5FOHVQ

[Wong Gendheng]

The beginning of the bankruptcy of many countries is usually from inflation, when the country fails to control inflation, many speculators will continue to confuse the economy, they hold prices to rise up to hundreds of times, this is a big problem that must be overcome when the initial symptoms are visible.

[Jatiluhung]

Inflation in my country per month continues to increase by an average of about 0.4% per month based on information from the State Statistics Department. But what residents feel is more than that number. the price of food continues to rise, the price of transportation increases, so do the daily necessities. But maybe my country isn't badly affected by inflation. because the increase is still affordable by the community. so that no particular group has voiced demonstrations. but if this inflation continues. then maybe there will be protests.

[Wind_FURY]

Inflation in my country per month continues to increase by an average of about 0.4% per month based on information from the State Statistics Department. But what residents feel is more than that number. the price of food continues to rise, the price of transportation increases, so do the daily necessities. But maybe my country isn't badly affected by inflation. because the increase is still affordable by the community. so that no particular group has voiced demonstrations. but if this inflation continues. then maybe there will be protests.

Ask the small business in your area how much their electricity bill is, and ask them if the bill keeps going higher, if they can stay open for business. I've been reading that some small businesses, like coffee shops, in some regions on Europe have been receiving electricity bills at €9,000 per month. A small coffee shop can't pay for that every month.

[awik p]

Inflation in my country per month continues to increase by an average of about 0.4% per month based on information from the State Statistics Department. But what residents feel is more than that number. the price of food continues to rise, the price of transportation increases, so do the daily necessities. But maybe my country isn't badly affected by inflation. because the increase is still affordable by the community. so that no particular group has voiced demonstrations. but if this inflation continues. then maybe there will be protests.

Ask the small business in your area how much their electricity bill is, and ask them if the bill keeps going higher, if they can stay open for business. I've been reading that some small businesses, like coffee shops, in some regions on Europe have been receiving electricity bills at €9,000 per month. A small coffee shop can't pay for that every month.

the increasingly difficult life experienced by the whole world, not just in Europe, due to inflation. I give an example in my country, where currently the necessities of life are rising, and currently there is an issue for an increase in fuel oil, where the increase is around 30%, and that means it will burden distribution costs, so that it is charged again to the goods it distributes, as the people indeed this is very difficult especially for those who live in urban areas, but all must be faced, even though today there is no increase, I think it will happen soon

[wmaurik]

What are these protest for?
People protest for a day and then they go back to their home and forget what has happened yesterday. These protest will not bring any good unless they are consistent and they make real demands and ask gov for the relief. nothing is going to change with one hour protest.

Good question, but sadly I have to ask you back now. Then who said about the change with a one day protest with a duration of one hour?
Because the one-day protest with a duration of one hour is an old-fashioned way that is only done by ordinary people who do not understand the rules of the country at this time. Even though every thing can still be solved in a better way by getting closer to the government and explaining every thing that must be changed for the better.

[wmaurik]

Protest are good, but if the people are going to do it right way. And stand for their rights and get their demands full filled by staying there till it is done.
Not like just going to the spot and having a photoshoot and returning home and not following up on it.

I don't blame those who protest rightly and wisely. Because now there are many ways that every citizen can take when protesting for their rights as citizens. So a protest that is in accordance with the rules and also carried out in a wise way will be much better than doing it in a lay way or a one-day action with a duration of several hours as you said before.

[tygeade]

Good question, but sadly I have to ask you back now. Then who said about the change with a one day protest with a duration of one hour?
Because the one-day protest with a duration of one hour is an old-fashioned way that is only done by ordinary people who do not understand the rules of the country at this time. Even though every thing can still be solved in a better way by getting closer to the government and explaining every thing that must be changed for the better.

Protest are good, but if the people are going to do it right way. And stand for their rights and get their demands full filled by staying there till it is done.
Not like just going to the spot and having a photoshoot and returning home and not following up on it.

That’s the important thing, people should realize that protests are not because people are traitors to the nation or something, they are poor people who need to protest in order to survive.

We had it in my nation, inflation was bad, but we didn't do "just" because inflation, the idea was that sure the world is doing badly and it is normal that we do badly as well, but while the world is in danger and we are living so much poorer and they are raising taxes to incredible levels, some stuff as high as 100%+ taxed while also being 100%+ more expensive, so something that used to be 2 dollars, became 8 dollars and 4 dollars goes to tax.... and yet they were giving money to their friends, so we protested the politicians to stop that.

[STT]

The ironic thing with protest or strikes is that it removes supply from the economy which very likely further raises costs and so inflation.   This is true in general of inflation that it equates to instability and a resistance to open business forms where price discovery in an open market becomes less able to proceed further thus slowing the economy.

   Inflation snowballs to put it briefly, it becomes hard to counter and its not surprising we've had it occur when kickstarted so greatly by production of new money in such a brief time.   Small and large effects accumulate such as Just in time stock delivery is no longer as possible, basic costs to production and supply rise with less efficiency to all parties in part and final production.    This damage can take years to unwind, we likely see the inverse to benefits of efficient production seen prior.

[Abiky]

Ask the small business in your area how much their electricity bill is, and ask them if the bill keeps going higher, if they can stay open for business. I've been reading that some small businesses, like coffee shops, in some regions on Europe have been receiving electricity bills at €9,000 per month. A small coffee shop can't pay for that every month.

We can all thank Mr. Putin for this. If it wasn't because of the war, none of this would've happened. Now the world is a mess, with little hopes of experiencing a recovery anytime soon. This goes way back to the COVID-19 pandemic which started around two years ago. Ever since COVID-19 took the world by storm, governments have been printing money like crazy. The US was hit hard with high inflation rates, causing a "domino" effect over other countries' economies as well. Then came the Russia-Ukraine war, and things became worse than they were.

Because of the current catastrophe, poor people and those in the middle class have been unable to afford the average cost of living. I hope this doesn't get worse, or it'll be complete chaos. There's only one way to end this and that's by eradicating COVID-19 and ending the Russia-Ukraine war. We'll see what measures mainstream governments will take in order to end this nightmare once and for all. Just my thoughts

[wmaurik]

Do you know there are countries like Turkey where people are not allowed to protest.
I live in the democratic state and we protest a lot. There are so many protests I have seen - but these days my news feed are full of Indian and Pakistani people protesting for their rights - still there is no impact.

Hopefully you can also understand what I said earlier where basically I don't like to see protests and also don't like to protest any kind to the government.
Because it's an old-fashioned way that won't have any effect if it's only done in one day for one hour and you also said that before right? Now for a country like Turkey, it has long been applying rules to its citizens not to protest because the Turkish government has guaranteed welfare for its citizens so that citizens no longer have the right to protest and that is very different from many countries in this world.

[Smack That Ace]

the increasingly difficult life experienced by the whole world, not just in Europe, due to inflation. I give an example in my country, where currently the necessities of life are rising, and currently there is an issue for an increase in fuel oil, where the increase is around 30%, and that means it will burden distribution costs, so that it is charged again to the goods it distributes, as the people indeed this is very difficult especially for those who live in urban areas, but all must be faced, even though today there is no increase, I think it will happen soon

The problem of inflation is global - the 3rd world countries are most affected by.
However if we talk about the developed countries than there are not as much in trouble the way people in 3rd world country are.
The amount of depression and stress - this inflation has caused can not be expressed in words. However protests are not the option. One should be financially independent.

It's not quite what you think, I think depending on the policies of each government, people will be affected. Look at the EU region, which are developed countries, even those with the leading economies in the world. But inflation coupled with the energy crisis makes life more difficult for EU citizens than ever before.

In my opinion, agricultural countries are less affected than industrial countries. Although the prices of goods have increased, but for households that can produce food, the daily expenditure burden will be greatly reduced.

[Doan9269]

Inflation in my country per month continues to increase by an average of about 0.4% per month based on information from the State Statistics Department.

Which country is that? It will do well if you can add the link to the statistics for reference purpose, i believe many countries were also found wanting inbthis aspect as well while some are just devicing means out of the inflation through their economy.

But what residents feel is more than that number. the price of food continues to rise, the price of transportation increases, so do the daily necessities

The ugly part of it all is that whenever there is inflation and prices go up, they find it difficult to control in bringing it down as before, deflation is what is found as uncommon to many developing countries whereby their government are yet to build a resistive measures in the control of inflation whenever it was first sighted.

But maybe my country isn't badly affected by inflation. because the increase is still affordable by the community. so that no particular group has voiced demonstrations. but if this inflation continues. then maybe there will be protests.

The question here is what measure can we use in identifying the country with the highest inflation from others because everyone seems to be affected this time around, but the rate is what makes the difference.

[Stella Mese]

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.

now in my country also food prices are starting to rise due to the impact of inflation and of course many more in other countries are also experiencing food shortages because many farmers are affected by inflation which in the end causes food prices to be expensive and there are even farmers who do not sell their agricultural products because they are for their own consumption . because he was afraid that inflation would take a long time. but hopefully in the future inflation will end quickly.

[boyptc]

I don't blame those who protest rightly and wisely. Because now there are many ways that every citizen can take when protesting for their rights as citizens. So a protest that is in accordance with the rules and also carried out in a wise way will be much better than doing it in a lay way or a one-day action with a duration of several hours as you said before.

Me too.

I can't blame them if they're protesting righteously and fighting for what is right. There are nonsense protests that are just wasting resources and effort.

But if it's a terrible state of the country and these people, the citizens are seeing the wrongdoing of the officials or there's no action being taken then they are doing the right thing of sending them their message.

[ololajulo]

Except the government is doing nothing about inflation and communicating with the populace, citizen should not put more pressure on the government on inflation. Inflation is everywhere in the world and the top countries are equally hit with it. They are not responsible for the pandemic and war but we all felt the outcome of the period. Even Russia is hit with over 15% inflation which I find the metric deceptive, asides the pandemic there are no reason for the height of inflation in the country and they benefiting more from the world economy in my opinion.

[Wind_FURY]

I don't blame those who protest rightly and wisely. Because now there are many ways that every citizen can take when protesting for their rights as citizens. So a protest that is in accordance with the rules and also carried out in a wise way will be much better than doing it in a lay way or a one-day action with a duration of several hours as you said before.

Me too.

I can't blame them if they're protesting righteously and fighting for what is right. There are nonsense protests that are just wasting resources and effort.

But if it's a terrible state of the country and these people, the citizens are seeing the wrongdoing of the officials or there's no action being taken then they are doing the right thing of sending them their message.

Perhaps we should be more understanding to those people who are protesting, and they're doing it because it's probably  they have no choice. There's another protest that just started in the Czech Republic because of an energy crisis that's happening in the region. Because if you don't have the feeling that you need to protest, it's probably because you're lucky you live in a region where your basic needs are available and affordable.

[boyptc]

Me too.

I can't blame them if they're protesting righteously and fighting for what is right. There are nonsense protests that are just wasting resources and effort.

But if it's a terrible state of the country and these people, the citizens are seeing the wrongdoing of the officials or there's no action being taken then they are doing the right thing of sending them their message.

Perhaps we should be more understanding to those people who are protesting, and they're doing it because it's probably  they have no choice. There's another protest that just started in the Czech Republic because of an energy crisis that's happening in the region. Because if you don't have the feeling that you need to protest, it's probably because you're lucky you live in a region where your basic needs are available and affordable.

I agree.

Being understanding with most of the genuine protests should be done. But if the protests are for nothing and it's just like a diversion tactic related to politics, well, you can understand it clearly as well.

We are with those people that are protesting because they genuinely experience what they're telling to the government and like the one that you've mentioned.

It's a wake up call to those in the seats that their people are suffering and the least that they can do is to listen to them and take actions appropriately and as soon as possible.

[Wind_FURY]

Me too.

I can't blame them if they're protesting righteously and fighting for what is right. There are nonsense protests that are just wasting resources and effort.

But if it's a terrible state of the country and these people, the citizens are seeing the wrongdoing of the officials or there's no action being taken then they are doing the right thing of sending them their message.

Perhaps we should be more understanding to those people who are protesting, and they're doing it because it's probably  they have no choice. There's another protest that just started in the Czech Republic because of an energy crisis that's happening in the region. Because if you don't have the feeling that you need to protest, it's probably because you're lucky you live in a region where your basic needs are available and affordable.

I agree.

Being understanding with most of the genuine protests should be done. But if the protests are for nothing and it's just like a diversion tactic related to politics, well, you can understand it clearly as well.

We are with those people that are protesting because they genuinely experience what they're telling to the government and like the one that you've mentioned.

It's a wake up call to those in the seats that their people are suffering and the least that they can do is to listen to them and take actions appropriately and as soon as possible.

I believe many of the protests are genuine, which are caused by the financial hardships that's an effect of inflation. In Indonesia, the people there have started to protest too after their government increased fuel prices by 30%. They protested for several days. That's a big problem for families who are in the lower income bracket. BUT I believe it will be controlled, and it will go down. Although an economic recession would happen.

[wmaurik]

But if it's a terrible state of the country and these people, the citizens are seeing the wrongdoing of the officials or there's no action being taken then they are doing the right thing of sending them their message.

Sending a message to state officials as a warning is a very good thing, but I think not all state officials want to heed the message from the people.
Especially if the officials who view the people as ordinary people and not as important things, so that the resentment of the people can also arise and make protests unwisely.

Perhaps we should be more understanding to those people who are protesting, and they're doing it because it's probably  they have no choice. There's another protest that just started in the Czech Republic because of an energy crisis that's happening in the region. Because if you don't have the feeling that you need to protest, it's probably because you're lucky you live in a region where your basic needs are available and affordable.

What you say is true and I am not protesting not because the basic needs are available and affordable, but because the government is still willing to distribute a small amount of aid to people who need assistance and also to those who deserve assistance. So that there are not many protests that occur here except for students who want a decrease in the price of fuel oil, which in this month has experienced an increase in price.

[Kadal Ijo]

Inflation is certainly a serious problem in the economy widely for the country, many countries that become bankrupt and the initial sign is inflation, the latest is Sri Lanka, inflation is uncontrolled and makes the purchasing power significant so as to make production and distribution does not work.

[Sayeds56]

Inflation is certainly a serious problem in the economy widely for the country, many countries that become bankrupt and the initial sign is inflation, the latest is Sri Lanka, inflation is uncontrolled and makes the purchasing power significant so as to make production and distribution does not work.

 The economy of Sri Lanka  was badly hit by the effects of corona pandemic & rising energy prices. Eventually the country defaulted on its debt payment  but all the blame doesn't go to rising inflation. The previous government borrowed huge loans for infrastructure projects and in stead of  paying them back to their creditors they continued doing restructuring of their loans & the situation reached to the level when they had no foreign exchange to buy crude oil/Gas & to pay installments of their loans. This is mismanagement of economy & man made crisis.

[Raflesia]

Inflation is certainly a serious problem in the economy widely for the country, many countries that become bankrupt and the initial sign is inflation, the latest is Sri Lanka, inflation is uncontrolled and makes the purchasing power significant so as to make production and distribution does not work.

 The economy of Sri Lanka  was badly hit by the effects of corona pandemic & rising energy prices. Eventually the country defaulted on its debt payment  but all the blame doesn't go to rising inflation. The previous government borrowed huge loans for infrastructure projects and in stead of  paying them back to their creditors they continued doing restructuring of their loans & the situation reached to the level when they had no foreign exchange to buy crude oil/Gas & to pay installments of their loans. This is mismanagement of economy & man made crisis.

In this case, President Gotabaya Rajapaksa's policy made everything backfire for them because indeed with some controversial policies he did cause problems that made Sri Lanka now have to be chaotic in an atmosphere of panic and crisis that lasted a long time so that the people began to brutally demand because their economy is now completely destroyed.

[Wind_FURY]

Inflation is certainly a serious problem in the economy widely for the country, many countries that become bankrupt and the initial sign is inflation, the latest is Sri Lanka, inflation is uncontrolled and makes the purchasing power significant so as to make production and distribution does not work.

There some protests starting in Bangladesh as well, and it's going to spread wider and further to the other regions of Asia. If in developed regions, like Singapore there are protests, that translates that there's something extraordinary happening in the world. I believe as a safety measure, it's a good suggestion to buy the Bitcoin DIPs, and HODL.

Plus if many of you don't know the severity of inflation in Europe,

[wmaurik]

The root cause is Ukraine and Russia war. You are very right on that. But there is a huge role US played in bringing down the world economy.
They wanted to impose senction and tried to drag everyone in that. Those who didn't follow the directions of USA and EU  ( Sri Lanka and Pakistan) faced a downfall.

Is there any accurate evidence about it now? because if the issue of war between Ukraine and Russia is certain to have an impact on economic development, especially in the area around Ukraine and Russia. But I don't think that the US played a role in this so that there is a special connection to the events in Sri Lanka and Pakistan. Because Sri Lanka got a disaster through a government that didn't really care about its citizens, while Pakistan got a disaster through the Flood that hit the country of Pakistan. So these are two different things that cause economic development in the two countries to be hampered.

[Sayeds56]

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.

I am fully convinced that Ukraine war is the root cause of all economic crisis the world is passing though since beginning of 2022 because it created supply chain issues of crude oil & food products which triggered rise in inflation all over the world, Unfortunately this war is not coming to end because neither Russia or Ukraine is winning this war. The people in many countries are protesting because they can not afford to pay their sky rocketing  electricity & gas bills & if inflation is not brought under control then these protests can create massive unrest.

[electronicash]

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.

I am fully convinced that Ukraine war is the root cause of all economic crisis the world is passing though since beginning of 2022 because it created supply chain issues of crude oil & food products which triggered rise in inflation all over the world, Unfortunately this war is not coming to end because neither Russia or Ukraine is winning this war. The people in many countries are protesting because they can not afford to pay their sky rocketing  electricity & gas bills & if inflation is not brought under control then these protests can create massive unrest.

it started with COVID lock downs that disrupts supply chain.
we're all connected to each other. if one super power declines the ones dependent on it also declines and their currencies also suffers inflation. Ukraine war amplifies the crisis because the sanctions affected everyone from wheat production to gas supply.

protest will really arise when people gets hungry, no jobs and have no money to pay services. we're seeing these to EU countries now.

[Jatiluhung]

Inflation is certainly a serious problem in the economy widely for the country, many countries that become bankrupt and the initial sign is inflation, the latest is Sri Lanka, inflation is uncontrolled and makes the purchasing power significant so as to make production and distribution does not work.

The economic crisis can really bring down a country. it is usually the debt-ridden country that will collapse first. for example Sri Lanka. When a country fails to pay its debts, an economic recession will occur. extreme economic crisis will make people suffer. so do not be surprised if the people protest against the government. because a country's failure to pay its debts is usually caused by the government itself being unable to channel and utilize borrowed money in the right way. misappropriation of funds is common due to high levels of corruption. because no matter how rich a country is, if there is a lot of corruption in it, the country will gradually experience an economic decline and eventually go bankrupt.

[Obito]

Not really, inflation is just a small part of it, some protests are political, injustices, equality, labor and economic. There wouldn't be a lot of protests if the government is doing their jobs and making the lives of their people easy and hassle free, I wouldn't be ranting or complaining about traffic congestion if there's no traffic congestion right?

[Fara Chan]

It can be concluded that there were widespread protests due to the increase in the price of goods that were not in accordance with the minimum wage received. Inflation is getting wider due to the absence of state policies regarding the fulfillment of people's rights, stakeholders fail to guarantee food needs and oil prices as necessities.
As a result, inflation is unstoppable and widespread at this time, state policies are not in favor of the people, even worsening the conditions of the countries you mentioned today.

[ginsan]

it started with COVID lock downs that disrupts supply chain.
we're all connected to each other. if one super power declines the ones dependent on it also declines and their currencies also suffers inflation. Ukraine war amplifies the crisis because the sanctions affected everyone from wheat production to gas supply.

protest will really arise when people gets hungry, no jobs and have no money to pay services. we're seeing these to EU countries now.

That's right, the beginning of the destruction and commotion in a country was caused by Covid. This is justified by the destruction that occurred in the rare Sri Langka. The government and its cabinet ranks must understand the situation in their country and have an appropriate policy in rebuilding and restoring their economy. not by raising the price of goods and tax rates for the lower classes is the same as torturing their own people. I don't care about the various reasons from the cabinets in the government if they can't serve the people in this crisis then they have failed miserably in building their country.

[palle11]

The government and its cabinet ranks must understand the situation in their country and have an appropriate policy in rebuilding and restoring their economy. not by raising the price of goods and tax rates for the lower classes is the same as torturing their own people. I don't care about the various reasons from the cabinets in the government if they can't serve the people in this crisis then they have failed miserably in building their country.

The government is not giving much attention to food and the products are all going higher than what it was 5 years ago. Most country's economy is going down eaten by the high inflation and this is caused by misplaced priority in policy making. I think wars are part of the reason for inflation because in Russia and Ukraine fight, there are no maximum production going on there and that can affect much of what other countries need which will be in shortage and the few remaining will be purchased in high price.

[Davidvictorson]

The government and its cabinet ranks must understand the situation in their country and have an appropriate policy in rebuilding and restoring their economy. not by raising the price of goods and tax rates for the lower classes is the same as torturing their own people. I don't care about the various reasons from the cabinets in the government if they can't serve the people in this crisis then they have failed miserably in building their country.

TIn the country which I reside is experiencing its worst inflation rate in its history. In addition, the country's currency is being devalued at an exceeding alarming rate. Most of the citizens are turning to bitcoin. Personally, I do not think that creating policies is the issue here. What I think is the  lackadaisical attitude of the government towards the implementation of the thousands of policies on economy, food, agriculture, security, infrastructure, employment, education, health, culture and tourisms etc that has already been created in the passed. This is what is causing untold hardship and suffering for the populace.

[Sayeds56]

It can be concluded that there were widespread protests due to the increase in the price of goods that were not in accordance with the minimum wage received. Inflation is getting wider due to the absence of state policies regarding the fulfillment of people's rights, stakeholders fail to guarantee food needs and oil prices as necessities.
As a result, inflation is unstoppable and widespread at this time, state policies are not in favor of the people, even worsening the conditions of the countries you mentioned today.

The country where I live in is facing worst inflation of its history which is around 45%. The reason is huge rise in fuel & food prices. The cost of living is extremely high, a vast majority of people spend most of their hard earned money on paying electric & gas bills. People are making frequent protests against inflation at public places to express their anger. The government in office has lowest approval rating & it may fall anytime.

[Webetcoins]

It can be concluded that there were widespread protests due to the increase in the price of goods that were not in accordance with the minimum wage received. Inflation is getting wider due to the absence of state policies regarding the fulfillment of people's rights, stakeholders fail to guarantee food needs and oil prices as necessities.
As a result, inflation is unstoppable and widespread at this time, state policies are not in favor of the people, even worsening the conditions of the countries you mentioned today.

The country where I live in is facing worst inflation of its history which is around 45%. The reason is huge rise in fuel & food prices. The cost of living is extremely high, a vast majority of people spend most of their hard earned money on paying electric & gas bills. People are making frequent protests against inflation at public places to express their anger. The government in office has lowest approval rating & it may fall anytime.

We have even higher unfortunately, but I also got a good raise based on the inflation as well, the problem wasn't really the inflation for me, it was the fact that it didn't end. If I used to earn 10 amounts and spend 10 amounts, but then inflation happened and now I earn 20 amount and spend 20 amount then it would make sense, that's fine, I am fine with that really.

But, I got 10 and spent 10, then I spent 11 so I earned 11, and then 12 to 12, 13 to 13 and it continues, it doesn't end, it keeps going up. So whatever happened and that's okay, it is in the past, we can't change that and we can't drop the prices 50% suddenly. But at least it should stop, stop going up, just stay around these prices.

[BRINIRHA]

Public protests in several countries cannot be avoided. because inflation will indeed trigger riots that continue to peak. Because there will be economic disparities. People with low incomes will be more depressed. because even before inflation they were already depressed with low salaries, so if it is added with inflation that continues to increase where the prices of all kinds of necessities of life continue to increase. and the fact is that in some countries even though inflation continues to rise, employee salaries are not adjusted. so that the salary value becomes lower than before inflation.

Those of you who are still in a country with an inflation rate below 10% I think you can still be said to be lucky because some countries have even experienced inflation with a much higher rate of hundreds of percent. the country is like

1. Lebanon (211 percent in May 2022)
2. Sudan (192 percent in May 2022)
3. Zimbabwe (192 percent in June 2022)
4. Venezuela (167 percent in May 2022)


Of course we imagine how the economic conditions there with inflation rates of up to hundreds of percent. and in these countries public protests have been going on for a long time. but to rise from the economic downturn is really difficult. and requires a long process. and support from other countries. and what is more important is the absence of fraud in the government of a country such as corruption. and the fact that corruption can lead to inflation. and conversely inflation can trigger a higher level of corruption in the government.
even the rich will start to stock up on food and energy so that the stock of food and energy will be more and more limited and make it more scarce. and that triggers the price to rise even higher. which means inflation will get worse.

[wmaurik]

The only thing we need to come out of inflation is financial freedom.
The more you work the more you will earn .. .and the less stressful you will be - I have made it the motto of my life last year that I will be financially stable whatsoever.

The problem is that it can only be done by a few people with certain skills and cannot involve more people in the same thing. Because everyone has a different job and a different amount of income so it will be very difficult to equate in terms of financial freedom. This is not necessarily because everyone has to continue to work day and night, but about the increase in the prices of goods and services that has kept inflation at bay until now.

[Moneyprism]

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 has happened in my country... right after the government started to raise the price of oil,, many people started to take to the streets and protest.. because with the rising price of oil this will make transportation costs and many other things increase,, on the other hand people's salaries are not comparable with their cost of living and this causes inflation and many poor people suffer even more

[cabron]

The only thing we need to come out of inflation is financial freedom.
The more you work the more you will earn .. .and the less stressful you will be - I have made it the motto of my life last year that I will be financially stable whatsoever.

The problem is that it can only be done by a few people with certain skills and cannot involve more people in the same thing. Because everyone has a different job and a different amount of income so it will be very difficult to equate in terms of financial freedom. This is not necessarily because everyone has to continue to work day and night, but about the increase in the prices of goods and services that has kept inflation at bay until now.

Even if you earn substantial income you will eventually suffer when your leaders fail in making decisions in joining to sanction Russia. The gas supply in your country will just dry out making the prices sky high.

When gas prices shoots to the moon, every products that needs gas to be able to produced will have sky rocketing prices as well. Crowd going hungry are the crowd that will fight for their right to live.

[Fara Chan]

The country where I live in is facing worst inflation of its history which is around 45%. The reason is huge rise in fuel & food prices. The cost of living is extremely high, a vast majority of people spend most of their hard earned money on paying electric & gas bills. People are making frequent protests against inflation at public places to express their anger. The government in office has lowest approval rating & it may fall anytime.

Almost all countries have big inflation lately with rising raw material or fuel oil prices, I don't know where you live and 45% inflation as you mentioned. However, it turns out that the existence of the government cannot guarantee the food needs of the community, so the protests are getting bigger and wider in various regions.
People should start buying food supplies while inflation is taking place and start storing those supplies for the next few weeks, and if prices return to normal within a few weeks then inflation can be suppressed.

The only thing we need to come out of inflation is financial freedom.
The more you work the more you will earn .. .and the less stressful you will be - I have made it the motto of my life last year that I will be financially stable whatsoever.

Inflation has nothing to do with employment as you mention, because the minimum wage does not keep pace with the rise in the prices of basic goods. Inflation cannot be prevented, if basic commodities do not return to normal as usual selling prices, then working no matter how hard is not a solution, because the minimum wage has been set long before inflation occurs. We must be able to emphasize the supply of basic commodities, so that the market returns to normal for the price of these needs.

[Wind_FURY]

I believe there are some people who post in the topic that are still unconvinced that there are protests around the world caused by high inflation. Those people will start believing it, probably during or after the winter. Plus if anyone believes that we have already seen the worst of the crisis, there will be MORE bad news coming. Russia is preparing for what might be something unavoidable.

Russia's parliament on Tuesday approved a bill to toughen punishments for a host of crimes such as desertion, damage to military property and insubordination if they are committed during military mobilisation or combat situations.

The bill, passed in its second and third readings on Tuesday by the lower house of parliament, the Duma, comes amid debate inside Russia about a possible mobilisation, a step which could significantly escalate the conflict in Ukraine.

According to a copy of the bill, seen by Reuters, voluntary surrender would become a crime for Russian military personnel, punishable by 10 years in prison.

https://www.reuters.com/world/europe/russian-parliament-toughens-punishment-crimes-during-mobilisation-2022-09-20/

That's a war-time policy.

[Jody.Drummer]

I believe there are some people who post in the topic that are still unconvinced that there are protests around the world caused by high inflation. Those people will start believing it, probably during or after the winter. Plus if anyone believes that we have already seen the worst of the crisis, there will be MORE bad news coming. Russia is preparing for what might be something unavoidable.

Russia's parliament on Tuesday approved a bill to toughen punishments for a host of crimes such as desertion, damage to military property and insubordination if they are committed during military mobilisation or combat situations.

The bill, passed in its second and third readings on Tuesday by the lower house of parliament, the Duma, comes amid debate inside Russia about a possible mobilisation, a step which could significantly escalate the conflict in Ukraine.

According to a copy of the bill, seen by Reuters, voluntary surrender would become a crime for Russian military personnel, punishable by 10 years in prison.

https://www.reuters.com/world/europe/russian-parliament-toughens-punishment-crimes-during-mobilisation-2022-09-20/

That's a war-time policy.

Now this will be a domino effect indeed. bad news, the number of protests in every country and some statements about war from several countries will obviously worsen the current situation.
Now there is nothing that can be done because surely the ones who will suffer the last are the people who do not have the power both in the economy and the political power who are the targets affected in this case.

It's really hard when you want to stop something like this because it is certain that protests will occur everywhere when there is something that will indeed cause misery.

[Smitty Werben Man Jensen]

The only thing we need to come out of inflation is financial freedom.
The more you work the more you will earn .. .and the less stressful you will be - I have made it the motto of my life last year that I will be financially stable whatsoever.

The problem is that it can only be done by a few people with certain skills and cannot involve more people in the same thing. Because everyone has a different job and a different amount of income so it will be very difficult to equate in terms of financial freedom. This is not necessarily because everyone has to continue to work day and night, but about the increase in the prices of goods and services that has kept inflation at bay until now.

Even if you earn substantial income you will eventually suffer when your leaders fail in making decisions in joining to sanction Russia. The gas supply in your country will just dry out making the prices sky high.

When gas prices shoots to the moon, every products that needs gas to be able to produced will have sky rocketing prices as well. Crowd going hungry are the crowd that will fight for their right to live.

In the end indeed it all depends on the leader and being rich does not mean we will not suffer,
and of course there are many products that require gas in their production,
because when gas prices soared it caused a domino effect

[Wind_FURY]

I believe there are some people who post in the topic that are still unconvinced that there are protests around the world caused by high inflation. Those people will start believing it, probably during or after the winter. Plus if anyone believes that we have already seen the worst of the crisis, there will be MORE bad news coming. Russia is preparing for what might be something unavoidable.

Russia's parliament on Tuesday approved a bill to toughen punishments for a host of crimes such as desertion, damage to military property and insubordination if they are committed during military mobilisation or combat situations.

The bill, passed in its second and third readings on Tuesday by the lower house of parliament, the Duma, comes amid debate inside Russia about a possible mobilisation, a step which could significantly escalate the conflict in Ukraine.

According to a copy of the bill, seen by Reuters, voluntary surrender would become a crime for Russian military personnel, punishable by 10 years in prison.

https://www.reuters.com/world/europe/russian-parliament-toughens-punishment-crimes-during-mobilisation-2022-09-20/

That's a war-time policy.

Now this will be a domino effect indeed. bad news, the number of protests in every country and some statements about war from several countries will obviously worsen the current situation.
Now there is nothing that can be done because surely the ones who will suffer the last are the people who do not have the power both in the economy and the political power who are the targets affected in this case.

It's really hard when you want to stop something like this because it is certain that protests will occur everywhere when there is something that will indeed cause misery.

Plus the last time Russia did a "partial mobilization" was targeted to Austria-Hungary, there as also partial mobilizations done during the Russia-Japan War, both which became the forerunner of World War I. If we take history, and learn from it, it teaches us that "partial mobilizations" has always been an "opening" for a wider-ranging war.

[G_Besar]

In the end indeed it all depends on the leader and being rich does not mean we will not suffer,
and of course there are many products that require gas in their production,
because when gas prices soared it caused a domino effect

A very clear effect that can arise on products when gas prices soar is the price of the product which will become more expensive than usual or the price of the product to be marketed will also increase because considering the increase in production costs which are no longer the same as before.

And actually the rich will not suffer so much from the spike in gas prices as long as he can still carry out his production or activities to make more money under different conditions. Because in such a case it is clear that it is not only wealth that must be relied on, but also smartness in managing capital so that production can continue to run without obstacles at the cost that must be incurred.

[worldofcoins]

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 has happened in my country... right after the government started to raise the price of oil,, many people started to take to the streets and protest.. because with the rising price of oil this will make transportation costs and many other things increase,, on the other hand people's salaries are not comparable with their cost of living and this causes inflation and many poor people suffer even more

It's natural to protest when things go hayway for majority of people, they eventually get what they want through protest if they're persistent enough.
- But it's the first time I'm seeing people letting their anger loose due to oil prices raising.
- Companies often don't want to pay someone more than what they want, in certain cases employee has to raise the question of getting paid more.

[Abiky]

Even if you earn substantial income you will eventually suffer when your leaders fail in making decisions in joining to sanction Russia. The gas supply in your country will just dry out making the prices sky high.

When gas prices shoots to the moon, every products that needs gas to be able to produced will have sky rocketing prices as well. Crowd going hungry are the crowd that will fight for their right to live.

What's the point of working when your salary won't increase in par with inflation? Prices for gas, oil, energy, and food keep rising when wages remain static. Effectively, the poor become poorer while the rich, richer. I guess that's the reason why most people worldwide are protesting against inflation. It's governments' policies that are destroying everything.

Unless inflation is put under control and wages increase at a considerable rate, things will only get worse in the long run. I hope that COVID-19 and the Russia-Ukraine war ends soon so things could get back to normal. The future is widely unpredictable, so can only hope for the best. Just my thoughts

[Sithara007]

Plus the last time Russia did a "partial mobilization" was targeted to Austria-Hungary, there as also partial mobilizations done during the Russia-Japan War, both which became the forerunner of World War I. If we take history, and learn from it, it teaches us that "partial mobilizations" has always been an "opening" for a wider-ranging war.

I don't think that the ongoing conflict will spiral towards a wider regional conflict. Neither Russia, nor the neighboring EU nations can afford a regional conflict, in which hundreds of thousands of individuals, or even millions will be killed. And considering the fact that Russia is the country with one of the largest nuclear arsenals, I don't think that NATO will risk a direct conflict with the Russians. For now the proxy conflict will go on. And I don't see either sides making much progress (territorially) before the war ends in stalemate.

[electronicash]

Plus the last time Russia did a "partial mobilization" was targeted to Austria-Hungary, there as also partial mobilizations done during the Russia-Japan War, both which became the forerunner of World War I. If we take history, and learn from it, it teaches us that "partial mobilizations" has always been an "opening" for a wider-ranging war.

I don't think that the ongoing conflict will spiral towards a wider regional conflict. Neither Russia, nor the neighboring EU nations can afford a regional conflict, in which hundreds of thousands of individuals, or even millions will be killed. And considering the fact that Russia is the country with one of the largest nuclear arsenals, I don't think that NATO will risk a direct conflict with the Russians. For now the proxy conflict will go on. And I don't see either sides making much progress (territorially) before the war ends in stalemate.

we are yet to know. liz truss also announce of Nuclear launch before Putin but people were cheering for her. but when Putin also said he is willing also to fight back with the more sophisticated weapon everyone frown lol

this war will likely blow wider if none is going to the negotiation table. Macron of France is willing but its just words besides he has no say about this since Its the EU or US who has the decision of all these.

[dezoel]

The country where I live in is facing worst inflation of its history which is around 45%. The reason is huge rise in fuel & food prices. The cost of living is extremely high, a vast majority of people spend most of their hard earned money on paying electric & gas bills. People are making frequent protests against inflation at public places to express their anger. The government in office has lowest approval rating & it may fall anytime.

Almost all countries have big inflation lately with rising raw material or fuel oil prices, I don't know where you live and 45% inflation as you mentioned. However, it turns out that the existence of the government cannot guarantee the food needs of the community, so the protests are getting bigger and wider in various regions.
People should start buying food supplies while inflation is taking place and start storing those supplies for the next few weeks, and if prices return to normal within a few weeks then inflation can be suppressed.

Food is not something you can keep forever, there are some doomsday type of canned foods that you could not use them forever neither because you would be bored of eating those. This means that majority, nearly all the foods that we eat could be ruined if we do not eat them on time because they have expiration dates.

Food inflation could only be dropped if we end up with 2 things, 1) oil prices going down because food requires you to move them around to get it at the hands of the people who will eat it from farmers and 2) if we end up with some huge government subsidiaries where they pay the farmer or not get taxes etc and help them in the long run.

[ingiltere]

You call this high inflation? LOL. We have more than %200 inflation here and people are still scared to protest because of dictatorial government. Minimum wage is under the poverty line here in Türkiye. New iPhone 14 is about 6.5x minimum wage here. That means you have to work for more than half year to buy just a simple phone.

The world is changing. We haven't seen any World War or epidemic. Covid is nothing besides these. Governments print money like there is no tomorrow. Inflation will not stop anywhere. Whether you protest it or not, these won't change soon. Future generations are already in debt.

[Fortify]

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.

Inflation is a contributory factor and may even drive protests in some of the countries you listed, but there are all sorts of problems facing the world today. They can be related but it's better to look at them individually in order to tame the underlying problems - things like the war in Ukraine, which produces a massive chunk of things like wheat and much more importantly - oil & gas into Europe, which means there is less to go around. China is constantly shutting down and re-opening production in their factories due to zero Covid, again limiting all sorts of supply chains. Droughts and floods are disrupting the crop planting season. Unfortunately for poorer countries, the richer countries are often able to absorb the problems much easier.

[cabron]

Even if you earn substantial income you will eventually suffer when your leaders fail in making decisions in joining to sanction Russia. The gas supply in your country will just dry out making the prices sky high.

When gas prices shoots to the moon, every products that needs gas to be able to produced will have sky rocketing prices as well. Crowd going hungry are the crowd that will fight for their right to live.

What's the point of working when your salary won't increase in par with inflation? Prices for gas, oil, energy, and food keep rising when wages remain static. Effectively, the poor become poorer while the rich, richer. I guess that's the reason why most people worldwide are protesting against inflation. It's governments' policies that are destroying everything.

Unless inflation is put under control and wages increase at a considerable rate, things will only get worse in the long run. I hope that COVID-19 and the Russia-Ukraine war ends soon so things could get back to normal. The future is widely unpredictable, so can only hope for the best. Just my thoughts

Inflation affects everyone because of the money you have right now will have lesser purchasing power.
The FED is not going to control inflation, they like it this way because people who has no money has no freedom. People with no money can't fight back.

But when you are fed up already and will not care anymore, this is where the revolution will be uncontrolled. Its worse when police are defunded.

[Ozero]

I believe there are some people who post in the topic that are still unconvinced that there are protests around the world caused by high inflation. Those people will start believing it, probably during or after the winter. Plus if anyone believes that we have already seen the worst of the crisis, there will be MORE bad news coming. Russia is preparing for what might be something unavoidable.

Russia's parliament on Tuesday approved a bill to toughen punishments for a host of crimes such as desertion, damage to military property and insubordination if they are committed during military mobilisation or combat situations.

The bill, passed in its second and third readings on Tuesday by the lower house of parliament, the Duma, comes amid debate inside Russia about a possible mobilisation, a step which could significantly escalate the conflict in Ukraine.

According to a copy of the bill, seen by Reuters, voluntary surrender would become a crime for Russian military personnel, punishable by 10 years in prison.

https://www.reuters.com/world/europe/russian-parliament-toughens-punishment-crimes-during-mobilisation-2022-09-20/

That's a war-time policy.

Mobilization in Russia was introduced on September 21 due to the defeat of the Russian army in Ukraine. This is just a step of desperation and hopelessness on the part of the Kremlin. Putin wants to send another 300,000 mobilized reservists to Ukraine, and according to some sources, a million people who are unlikely to change the situation in the war, since they do not have experience in waging war in the current changed war conditions of drones and other modern equipment.

More recently, Russians in Ukraine have deserted, surrendered, or self-mutilated to avoid war and death. Strengthening responsibility for these actions, as well as forced mobilization, will only extremely exacerbate internal contradictions in Russia itself. It will be interesting to observe whether the Russians will resignedly, like a flock of sheep, go to the slaughter in Ukraine and die for Putin's imperial ambitions, or will they finally remember that they are also people and will demolish their anti-people power.

[Wawa2013]

Even if you earn substantial income you will eventually suffer when your leaders fail in making decisions in joining to sanction Russia. The gas supply in your country will just dry out making the prices sky high.

When gas prices shoots to the moon, every products that needs gas to be able to produced will have sky rocketing prices as well. Crowd going hungry are the crowd that will fight for their right to live.

What's the point of working when your salary won't increase in par with inflation? Prices for gas, oil, energy, and food keep rising when wages remain static. Effectively, the poor become poorer while the rich, richer. I guess that's the reason why most people worldwide are protesting against inflation. It's governments' policies that are destroying everything.

Unless inflation is put under control and wages increase at a considerable rate, things will only get worse in the long run. I hope that COVID-19 and the Russia-Ukraine war ends soon so things could get back to normal. The future is widely unpredictable, so can only hope for the best. Just my thoughts

Inflation affects everyone because of the money you have right now will have lesser purchasing power.
The FED is not going to control inflation, they like it this way because people who has no money has no freedom. People with no money can't fight back.

But when you are fed up already and will not care anymore, this is where the revolution will be uncontrolled. Its worse when police are defunded.

High inflation does affect everyone's life, but the most affected are the poor people, because the poor people usually only rely on one source of
income and the increase in inflation is not accompanied by an increase in wages. So the price of goods is increasing, while the value of the money
they have is decreasing, it will definitely make it difficult for the poor people to meet their daily needs. But sadly as you said, there is no real
solution from the government to deal with the problem of rising inflation. The government continues to print money to solve economic problems,
which in the long run will lead to hyper inflation.

I also think like you, there is an intention by the government not to control inflation, in order to make it easier for the government to control
the population. Therefore, sometimes people lose their patience and hold demonstrations to protest this problem. That is what happened in
Sri Lanka where the economic condition of the people got worse, causing riots and overthrowing the ruling government. So don't make people
depressed and suffer, the government should think about the welfare of its people.

[Wind_FURY]

I believe there are some people who post in the topic that are still unconvinced that there are protests around the world caused by high inflation. Those people will start believing it, probably during or after the winter. Plus if anyone believes that we have already seen the worst of the crisis, there will be MORE bad news coming. Russia is preparing for what might be something unavoidable.

Russia's parliament on Tuesday approved a bill to toughen punishments for a host of crimes such as desertion, damage to military property and insubordination if they are committed during military mobilisation or combat situations.

The bill, passed in its second and third readings on Tuesday by the lower house of parliament, the Duma, comes amid debate inside Russia about a possible mobilisation, a step which could significantly escalate the conflict in Ukraine.

According to a copy of the bill, seen by Reuters, voluntary surrender would become a crime for Russian military personnel, punishable by 10 years in prison.

https://www.reuters.com/world/europe/russian-parliament-toughens-punishment-crimes-during-mobilisation-2022-09-20/

That's a war-time policy.

Mobilization in Russia was introduced on September 21 due to the defeat of the Russian army in Ukraine. This is just a step of desperation and hopelessness on the part of the Kremlin. Putin wants to send another 300,000 mobilized reservists to Ukraine, and according to some sources, a million people who are unlikely to change the situation in the war, since they do not have experience in waging war in the current changed war conditions of drones and other modern equipment.

Learn from history, ser. Russia is NOT desperate, and definitely NOT hopeless about Ukraine. The Russian government's move for partial mobilization is a move for a more expansive conflict. They want to occupy Ukraine, and they have shown that they will fight the West if they need to through partial mobilization. It's up to the people now if they want to protest and SAY NO TO THE WAR.

More recently, Russians in Ukraine have deserted, surrendered, or self-mutilated to avoid war and death. Strengthening responsibility for these actions, as well as forced mobilization, will only extremely exacerbate internal contradictions in Russia itself. It will be interesting to observe whether the Russians will resignedly, like a flock of sheep, go to the slaughter in Ukraine and die for Putin's imperial ambitions, or will they finally remember that they are also people and will demolish their anti-people power.

It's not over, ser. A battle doesn't in a war. But let's just stop the debates, and pray for the people of Ukraine and Russia. It's the fault of their governments, their politicians, their CABAL.

[Fara Chan]

Food is not something you can keep forever, there are some doomsday type of canned foods that you could not use them forever neither because you would be bored of eating those. This means that majority, nearly all the foods that we eat could be ruined if we do not eat them on time because they have expiration dates.

Food inflation could only be dropped if we end up with 2 things, 1) oil prices going down because food requires you to move them around to get it at the hands of the people who will eat it from farmers and 2) if we end up with some huge government subsidiaries where they pay the farmer or not get taxes etc and help them in the long run.

There are types of food that can be stored for a long time, we only stock up on basic needs for a few weeks, so that market prices can be lowered to normal prices as usual. Regarding quality, we can choose the type of food that can be stored and the problem of boredom is no longer a consideration when inflation occurs, like it or not, we have to do it, so that inflation can be kept to a minimum.

Whereas oil is very difficult for people to suppress, because it is a big man's game with influence in policy, I focus more on food, because it is a staple food that people have to fulfill.

[Bazzu]

When inflation occurs, it automatically makes our expenses increase dramatically, if inflation increases but we do not have alternative income, we can be sure we will go bankrupt and sell assets, if all assets are up then we will experience many difficulties in life.

Yes, that's how it is now in my country also starting to feel the impact of inflation, because now food prices are starting to gradually rise and so on, but for situations like this of course we have to be patient in facing life's challenges. but keep trying your best, never give up.

[Abiky]

Inflation affects everyone because of the money you have right now will have lesser purchasing power.
The FED is not going to control inflation, they like it this way because people who has no money has no freedom. People with no money can't fight back.

But when you are fed up already and will not care anymore, this is where the revolution will be uncontrolled. Its worse when police are defunded.

It's most likely the FED and other central banks will give up on their task to lower down inflation for good. If that happens, then prices of essential goods will only go up over time. This will make the rich, richer, while the poor, poorer. That would leads us to hyperinflation, which is something that would harm the mainstream economy for good. I just hope we see the light at the end of the tunnel with Russia ending the war and COVID-19 disappearing from the face of the Earth. Only then, the economy would be restored to its former glory (sort of).

It's sad to see many people become poor by the day as they cannot keep up with rising prices of food, gas, and energy. Wages aren't increasing in par with inflation, so this would lead to further protests around the world. We can't tell what will happen with the world if inflation becomes uncontrollable. Bitcoin was once thought to be a safe haven against inflation, but it has proven us wrong as market prices move closely to the stock market. Maybe Gold will save the day? Just my thoughts

[Wind_FURY]

Are there people from France who go regularly to BitcoinTalk? Or have relatives living in France? I have one former "acquaintance", and she's telling me that there are too many gas stations in France that have low, or no, fuel because the strikes in refineries will not stop. Fuel prices are also very high. People are also getting into fights to put fuel in their cars.

It will affect small businesses first, causing them to close shop, then more and more people will be unemployed, affecting bigger businesses. Recession is next.

[beej]

I think with the ongoing pandemic and the war in Ukraine,
it has inflicted so much in economies worldwide. That
combination alone is causing fuel prices and grains to
spike up. Its somewhat setting a chain reaction until
it affects currencies and everyday necessities. Just like
what’s happening now and will continue to do so.

[Wind_FURY]

I think with the ongoing pandemic and the war in Ukraine,
it has inflicted so much in economies worldwide.

COVID-19 is ongoing, but the economies around the world have opened up, and it's NOT only supply side inflation that's causing the prices of goods/services to go up. It's also the demand side. There was non-stop BRRR-money-printing during 2020 - 2021 around most Central Banks to pump their economies with liquidity to avoid a recession, and with all that money in people's pockets, and with the opening of the economy, WITH smaller supply of goods caused by Russia vs. Ukraine, what do we have? A contagion of inflation.

[Smack That Ace]

Are there people from France who go regularly to BitcoinTalk? Or have relatives living in France? I have one former "acquaintance", and she's telling me that there are too many gas stations in France that have low, or no, fuel because the strikes in refineries will not stop. Fuel prices are also very high. People are also getting into fights to put fuel in their cars.

It will affect small businesses first, causing them to close shop, then more and more people will be unemployed, affecting bigger businesses. Recession is next.

I think this is happening in many countries, I have a friend in Asia and he just told me that his local gas station has been mass closing for the past few days and the cause is believed to be due to lack of supply. He said people could not go to work because the main means of transport were motorbikes and cars, and children had to miss school due to the interruption of transportation to and from school...He said even if oil prices are as high as they were in March/April this is still not going to happen, but it is happening right now even though world oil prices are already much lower than in previous months. If this situation persists, recession is inevitable.

[Wind_FURY]

Are there people from France who go regularly to BitcoinTalk? Or have relatives living in France? I have one former "acquaintance", and she's telling me that there are too many gas stations in France that have low, or no, fuel because the strikes in refineries will not stop. Fuel prices are also very high. People are also getting into fights to put fuel in their cars.

It will affect small businesses first, causing them to close shop, then more and more people will be unemployed, affecting bigger businesses. Recession is next.

I think this is happening in many countries, I have a friend in Asia and he just told me that his local gas station has been mass closing for the past few days and the cause is believed to be due to lack of supply. He said people could not go to work because the main means of transport were motorbikes and cars, and children had to miss school due to the interruption of transportation to and from school...

Is your friend from Sri Lanka, or maybe Pakistan? I believe those two countries are/have been absolutely been affected in Asia, but in France it's probably different. This map was posted in Reddit.

Map of the gas stations affected by the gasoline shortage in France



https://www.reddit.com/r/MapPorn/comments/4ktg3l/map_of_the_gas_stations_affected_by_the_gasoline/

That's perhaps 99.9% of Gas Station in France. That can't be true, that's probably a meme.

He said even if oil prices are as high as they were in March/April this is still not going to happen, but it is happening right now even though world oil prices are already much lower than in previous months. If this situation persists, recession is inevitable.

OPEC+ has already agreed to cut supplies for crude oil to "make the price more stable". I believe that means, "to stop the price from going lower and lower".

[348Judah]

I don't know why this year inflation has taken up the trends on news these days, but that's actually the fact, things have wrongly gone bad and are getting more worsen, unaffordability is now a major concernnwith this inflation dusting every aspect of the world economy, are we to assume to just have been seing the negative effects of the covid pandemic in reality this time after two years of experience? There nust be a particular conflict that has always been responsible for this continuous increase of inflation and not until it it been discovered, it may lingers mkre than expected.

[Smack That Ace]

Are there people from France who go regularly to BitcoinTalk? Or have relatives living in France? I have one former "acquaintance", and she's telling me that there are too many gas stations in France that have low, or no, fuel because the strikes in refineries will not stop. Fuel prices are also very high. People are also getting into fights to put fuel in their cars.

It will affect small businesses first, causing them to close shop, then more and more people will be unemployed, affecting bigger businesses. Recession is next.

I think this is happening in many countries, I have a friend in Asia and he just told me that his local gas station has been mass closing for the past few days and the cause is believed to be due to lack of supply. He said people could not go to work because the main means of transport were motorbikes and cars, and children had to miss school due to the interruption of transportation to and from school...

Is your friend from Sri Lanka, or maybe Pakistan? I believe those two countries are/have been absolutely been affected in Asia, but in France it's probably different. This map was posted in Reddit.

Map of the gas stations affected by the gasoline shortage in France



https://www.reddit.com/r/MapPorn/comments/4ktg3l/map_of_the_gas_stations_affected_by_the_gasoline/

That's perhaps 99.9% of Gas Station in France. That can't be true, that's probably a meme.

I don't think it's a meme, maybe it's the horrible truth we've seen in today's developed world. II have to say horrible, we can see the terrible things people in euro countries are going through. And more irony for the people of the EU is that the US is their ally but takes advantage of the situation to sell them oil and gas at sky-high prices.

He said even if oil prices are as high as they were in March/April this is still not going to happen, but it is happening right now even though world oil prices are already much lower than in previous months. If this situation persists, recession is inevitable.

OPEC+ has already agreed to cut supplies for crude oil to "make the price more stable". I believe that means, "to stop the price from going lower and lower".

With this decision, it shows that there is no such thing as a good world, joining hands to protect each other, but national interests and personal interests must come first. President Biden's visit made a difference but unfortunately it got worse. I think this has something to do with politics that I read somewhere that Saudi Arabia was very close to the Trump administration before and after his presidency and this production cut will make it difficult for President Biden next term.

[KennyR]

The severity of the protests were seen on few countries. This is all because of the high inflation caused due to the poor governance. In some countries there is lack of employment, and in some countries there is employment opportunities available but lacks manpower. The seriousness of the inflation over different countries were of different reasons. Every government tries hard to find a solution to lower the inflation.

Inflation Representation Map

Image: Wikipedia

[kapalmabur]

I don't know why this year inflation has taken up the trends on news these days, but that's actually the fact, things have wrongly gone bad and are getting more worsen, unaffordability is now a major concernnwith this inflation dusting every aspect of the world economy, are we to assume to just have been seing the negative effects of the covid pandemic in reality this time after two years of experience? There nust be a particular conflict that has always been responsible for this continuous increase of inflation and not until it it been discovered, it may lingers mkre than expected.

inflation is causing distress everywhere. but the protest are not going to bring any relief to the people.
The only way to help yourself is gain financial independence and do not look up to other for help

Yes, inflation is really everywhere and it is likely that it will continue considering the global economic conditions are not good,
In addition, financial freedom does not come for granted.
what is clear is multiply the source of income whatever it is

[Paul Pogba]

Inflation is a serious problem in the economy, when inflation occurs, unemployment will automatically increase because many people cannot work because companies are also bankrupt, the state plays an important role in controlling the economy in order to control inflation.

[CageMabok]

Yes, inflation is really everywhere and it is likely that it will continue considering the global economic conditions are not good,
In addition, financial freedom does not come for granted.
what is clear is multiply the source of income whatever it is

Financial freedom must be created by each individual because it will never exist if it is not created by each individual through the work they are good at.
Working to get as much income as possible in inflationary conditions is one way or the way to go at this time because it will help a little to spend excessive money in life in times of inflation.

[DudeAtWork420]

Economist find out this problem a long time ago. 100$ from 1965 is not worth 3500$ in current time. What can be worse than this. Your savings is losing money by its own and you can not do anything but to watch it. Many people think that we need to get back to gold standards which is not possible due to some external factors. What left is crypto in the field which has the potential to solve this problem.

[cabron]

Economist find out this problem a long time ago. 100$ from 1965 is not worth 3500$ in current time. What can be worse than this. Your savings is losing money by its own and you can not do anything but to watch it. Many people think that we need to get back to gold standards which is not possible due to some external factors. What left is crypto in the field which has the potential to solve this problem.

The issue with crypto is that BTC is base on energy which the ASIC devices needed to mine each block. And energy is derived from fossil fuel and coal to which a country with more reserve has the vast riches.

With this decision, it shows that there is no such thing as a good world, joining hands to protect each other, but national interests and personal interests must come first. President Biden's visit made a difference but unfortunately it got worse. I think this has something to do with politics that I read somewhere that Saudi Arabia was very close to the Trump administration before and after his presidency and this production cut will make it difficult for President Biden next term.

The fist bump didn't help which right now Biden swear to sanction Saudi as well. It was believed to be US military support will be pulled out from Saudi and can get worse if Iran will spark the war between them. When the gas cut production starts next month, the prices will sure soar again. And more protest will break after this.

[Wind_FURY]

It's very amusing that when I started the topic, a lot of people didn't believe that inflation was truly coming. It's that, probably the situation wasn't just the same for the different regions around the globe, which made it look that the point of the topic is misunderstood. Inflation is coming if it has not arrived in your country yet, and it might not end until the war between Russia and Ukraine ends. Let's hope it will be soon.

[cabron]

It's very amusing that when I started the topic, a lot of people didn't believe that inflation was truly coming. It's that, probably the situation wasn't just the same for the different regions around the globe, which made it look that the point of the topic is misunderstood. Inflation is coming if it has not arrived in your country yet, and it might not end until the war between Russia and Ukraine ends. Let's hope it will be soon.

Its affecting globally, I'm sure inflation arrived to every country as it collapses Sri Lanka to the far east like Japan since they have been dumping bonds.

I remember you saying some protest videos are fake but WION a popular news program just featured Paris protest for high cost of living. https://www.youtube.com/watch?v=UrRe7r08dC4

Not my view but I have seen youtube comments that it is not very far fetch to see France exiting EU or NATO to trade with Russia in order to run their economy.

[Smack That Ace]

It's very amusing that when I started the topic, a lot of people didn't believe that inflation was truly coming. It's that, probably the situation wasn't just the same for the different regions around the globe, which made it look that the point of the topic is misunderstood. Inflation is coming if it has not arrived in your country yet, and it might not end until the war between Russia and Ukraine ends. Let's hope it will be soon.

Exactly, when the war starts or the Fed raises rates for the first and second time, some countries don't have much of an impact on them so they can't feel inflation coming. But in these days when energy supply is increasingly scarce, the Fed's interest rates were so high that the central banks couldn't take it anymore and raised interest rates in unison, commodity prices have increased by 15-20%, and every attention beginner. Inflation originated from the money injection from the covid 19 pandemic, but the war was the cause of the prolonged inflation.

[STT]

Its been obvious this whole year at least, inflation is the expansion of the monetary base so it already happened at the most simple measure.   How far and fast that filters into food prices and basic goods that cause poverty is variable but also highly likely to occur, we barely have to debate this will occur.  The only counter to inflation is that we grow fast in supply then then new money supply causes prices to rise.
   Either way inflation always means volatility, upset and in the end the economy is disrupted and worse off from unknown prices in the line of supply, producers and retailers are blamed for an excess amount of cash now available when they did not cause that to be true its why bad governments get away with it so often its now the default policy to inflate.

[Wind_FURY]

It's very amusing that when I started the topic, a lot of people didn't believe that inflation was truly coming. It's that, probably the situation wasn't just the same for the different regions around the globe, which made it look that the point of the topic is misunderstood. Inflation is coming if it has not arrived in your country yet, and it might not end until the war between Russia and Ukraine ends. Let's hope it will be soon.

Exactly, when the war starts or the Fed raises rates for the first and second time, some countries don't have much of an impact on them so they can't feel inflation coming. But in these days when energy supply is increasingly scarce, the Fed's interest rates were so high that the central banks couldn't take it anymore and raised interest rates in unison, commodity prices have increased by 15-20%, and every attention beginner. Inflation originated from the money injection from the covid 19 pandemic, but the war was the cause of the prolonged inflation.

All of the BRRR-Money-Printing started to put it all together. It was going to happen sooner, if not later. But because of supply side disruption caused by the Russo-Ukraine War, and the opening of the economy with all that COVID-19 money injected in circulation, it was caused to come sooner.

We haven't seen the worst of basic commodity price increases, plus more problems with winter approaching. The power grids in some regions of Europe will be further tested, and it won't be OK.

[omone1]

Inflation this year alone is just too brutal, thank God for Cryptocurrency, had to be using my saved USDT for family support. The value of my country's currency is at it weakest, this I think may create some kind of civic revolution in my nation where younng innovative minds will take over the economy and political leadership themselves. Gas is just too expensive and food. Once Food and gas are out of reach, then you can expect a massive protest or even a bloodless revolution.

[Gallar]

Inflation in my country is not too bad so far, still within normal numbers.
although it's a little but the impact is quite felt, especially the price of fuel oil, maybe that's the most noticeable increase,
when it comes to food prices, they are still within normal prices.

I hope that the future will be better and the economy will recover quickly.

[Gallar]

Inflation is a serious problem in the economy, when inflation occurs, unemployment will automatically increase because many people cannot work because companies are also bankrupt, the state plays an important role in controlling the economy in order to control inflation.

in essence, the government must act more quickly to anticipate this inflation problem, because if it is left for too long inflation will continue to grow and will be increasingly difficult to control.

Inflation problems like this must be handled quickly from the start, so that they are not too heavy when handling them.

[Wind_FURY]

Inflation in my country is not too bad so far, still within normal numbers.
although it's a little but the impact is quite felt, especially the price of fuel oil, maybe that's the most noticeable increase,
when it comes to food prices, they are still within normal prices.

I hope that the future will be better and the economy will recover quickly.

I believe that the considered "within normal numbers" for inflation is a maximum rate of 2%. Above that, and it's considered "high".

There are the current numbers of the inflation rates across the regions of the G20 nations, https://tradingeconomics.com/country-list/inflation-rate

China has the lowest inflation rate with 2.8%. It's "high", but it's within "normal numbers". France is where it starts to have "real inflation". It has more than twice the 2%, with an inflation rate of 5.6%.

[Jatiluhung]

Inflation in my country is not too bad so far, still within normal numbers.
although it's a little but the impact is quite felt, especially the price of fuel oil, maybe that's the most noticeable increase,
when it comes to food prices, they are still within normal prices.

I hope that the future will be better and the economy will recover quickly.

I believe that the considered "within normal numbers" for inflation is a maximum rate of 2%. Above that, and it's considered "high".

There are the current numbers of the inflation rates across the regions of the G20 nations, https://tradingeconomics.com/country-list/inflation-rate

China has the lowest inflation rate with 2.8%. It's "high", but it's within "normal numbers". France is where it starts to have "real inflation". It has more than twice the 2%, with an inflation rate of 5.6%.

correctly. and I think for now China is one of the countries that are not threatened by a recession in that country. because the low inflation rate has proven that China's economic resilience is quite strong. and in this case the Indonesian state also looks not too bad. although the inflation rate is quite high, which is around 4.84% and has risen above 5%. but the Indonesian state has resilience in terms of food. so that the impact of this global crisis will be less severe. although recently the price of gas and energy is increasing. but the purchasing power of the people remains stable. but mass protests or demonstrations are still common in this country. the demonstrators expect a decrease in the price of fuel oil and energy.

[Abiky]

All of the BRRR-Money-Printing started to put it all together. It was going to happen sooner, if not later. But because of supply side disruption caused by the Russo-Ukraine War, and the opening of the economy with all that COVID-19 money injected in circulation, it was caused to come sooner.

We haven't seen the worst of basic commodity price increases, plus more problems with winter approaching. The power grids in some regions of Europe will be further tested, and it won't be OK.

The global economy was showing some signs of recovery even with COVID-19 in play. What ruined it all was Putin's decision to invade Ukraine. This caused energy and gas prices to soar like crazy (especially in the EU), adding fuel to the fire. Inflation was rising during the pandemic, but now it became worse. Unless the war is stopped, don't expect inflation to ease anytime soon. Not even central banks' measures to help control inflation will do any good. People in the lower and middle classes are already suffering, while the rich are becoming richer. Who knows if we never get to see the light at the end of the tunnel? Just my thoughts

[Wind_FURY]

All of the BRRR-Money-Printing started to put it all together. It was going to happen sooner, if not later. But because of supply side disruption caused by the Russo-Ukraine War, and the opening of the economy with all that COVID-19 money injected in circulation, it was caused to come sooner.

We haven't seen the worst of basic commodity price increases, plus more problems with winter approaching. The power grids in some regions of Europe will be further tested, and it won't be OK.

The global economy was showing some signs of recovery even with COVID-19 in play. What ruined it all was Putin's decision to invade Ukraine. This caused energy and gas prices to soar like crazy (especially in the EU), adding fuel to the fire. Inflation was rising during the pandemic, but now it became worse. Unless the war is stopped, don't expect inflation to ease anytime soon. Not even central banks' measures to help control inflation will do any good. People in the lower and middle classes are already suffering, while the rich are becoming richer. Who knows if we never get to see the light at the end of the tunnel? Just my thoughts

Haha. The "signs of recovery" was merely the effect of the biggest/largest BRRR-Money-Printing that most Central Banks did to inject cash/liquidity into the system. It wasn't a REAL recovery because there was not much growth in goods and services that were being produced while the money supply was growing. What do we have when there's too much growth in money supply, but no/small growth in goods and services? INFLATION.

[tam31]

Inflation this year alone is just too brutal, thank God for Cryptocurrency, had to be using my saved USDT for family support. The value of my country's currency is at it weakest, this I think may create some kind of civic revolution in my nation where younng innovative minds will take over the economy and political leadership themselves. Gas is just too expensive and food. Once Food and gas are out of reach, then you can expect a massive protest or even a bloodless revolution.

The rates of the inflation are rising so fast this year. This is different from the previous years. Other than the inflation, there's also wars which makes the price of the goods even higher but luckily we have cryptos which can save us when those economic problems attack. This is where people hide their money and they can also pull out some of it once they badly needed it. Usdt is a stable coin which are great if you don't like the instability of the standard crypto.

It's not easy to take over the position of someone else but it must be done in a proper way. If they think they are a good leader then why not join the politics next time? You can then encourage other to vote for them.

[monineklutak]

All of the BRRR-Money-Printing started to put it all together. It was going to happen sooner, if not later. But because of supply side disruption caused by the Russo-Ukraine War, and the opening of the economy with all that COVID-19 money injected in circulation, it was caused to come sooner.

We haven't seen the worst of basic commodity price increases, plus more problems with winter approaching. The power grids in some regions of Europe will be further tested, and it won't be OK.

The global economy was showing some signs of recovery even with COVID-19 in play. What ruined it all was Putin's decision to invade Ukraine. This caused energy and gas prices to soar like crazy (especially in the EU), adding fuel to the fire. Inflation was rising during the pandemic, but now it became worse. Unless the war is stopped, don't expect inflation to ease anytime soon. Not even central banks' measures to help control inflation will do any good. People in the lower and middle classes are already suffering, while the rich are becoming richer. Who knows if we never get to see the light at the end of the tunnel? Just my thoughts

Indeed, before the war between Russia and Ukraine the global economy slowly began to recover from the pandemic,
of course it is not an easy thing and it disappeared after the war which is still ongoing,
Besides that, inflation is happening everywhere and it makes economic conditions even more chaotic

[panganib999]

Well these protests are for good reason. Inflation and hyperinflation further widens the gap between the poor and the rich, and also at the same time puts the burden of the economy to the middle class, given the fact that they are the ones who are expected to pay the taxes and jumpstart the economy. The inflation we are experiencing right now is a kick back from the economic shenanigans we have made during the pandemic, especially in the case of US where printing money for stimulus checks became the solution in order to not only empower the economy by encouraging people to spend, but also to support the marginalized courtesy of the aforementioned pandemic hitting everyone where it hurts.

[lizarder]

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.

If they are not mismanaged, then something like this does not need to happen, believe it or not inflation is very close to the rules they agree on, for example the export and import of food raw materials or other materials, so that the money supply is not as balanced as usual, although this problem is not happens all the time, but mismanagement, impartial rules and decisions that harm the people are their representation.

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.

Strong protests by means of demonstrations will never solve the problem, this will only add to the problem and more problems will arise, agree or not the state must be able to ensure that its people are protected from various problems, ranging from health, safety to better economic growth However, I don't think the government needs to provide assistance in any form, what the people need is infrastructure to achieve a more stable and improved economic level.

That's why I strongly agree, that bitcoin can save anyone, in different ways and approaches, even though not everyone agrees or doesn't even know where to start.

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.

I've also heard a saying like this, "every leader is a reflection of his people".
The problem is precisely here, the representation of leadership is actually very close to the reflection of the people, where they are elected based on the elections made. Don't expect the leader to be fair, uncorrupt and protect the people, if the voters don't understand what a leader is like.

[gabbie2010]

It's very amusing that when I started the topic, a lot of people didn't believe that inflation was truly coming. It's that, probably the situation wasn't just the same for the different regions around the globe, which made it look that the point of the topic is misunderstood. Inflation is coming if it has not arrived in your country yet, and it might not end until the war between Russia and Ukraine ends. Let's hope it will be soon.

Honestly the conflict between Russia and Ukraine has a devastating impact on the economy in my country just as you predicted, particularly the price of diesel had syrocketed, diesel which is the major fuel used by industries to power their generators as a result of epileptic power supply had forced the prices of products manufactured by those industries to increase thus causing high inflation, infact some of those industries had to shut down operations lay off their workers rising from high cost of production, wheat which is another raw material usually imported from Ukraine by Flour industries for bread baking has not been available thus forcing it importers to seek alternative but much more expensive means consequently bread a staple food is now very expensive.

[wmaurik]

I've also heard a saying like this, "every leader is a reflection of his people".
The problem is precisely here, the representation of leadership is actually very close to the reflection of the people, where they are elected based on the elections made. Don't expect the leader to be fair, uncorrupt and protect the people, if the voters don't understand what a leader is like.

Sometimes the mistakes of the leadership of a country are also caused by the subordinates used by the leadership of the country, so that it will also be associated with the leadership of the country, even though in general it is not the fault of the leader himself, but from his subordinates. And this is actually the task of the leader in nurturing his subordinates to do nothing wrong other than having to take care of his people with a thousand kinds of thoughts.

[Tallupooh]

Of course, inflation caused world protests. Goods go up everywhere while the salary of the job is not enough, it definitely makes people frustrated. But I think over time, inflation will definitely continue to exist. Because the earth is old, and there are more and more people. Of course the prices of goods must be expensive, that's because of lack of materials. If the goods are cheap, will not get enough money.

If a lot of work and the pay is equal to the needs it will make everyone relieved. There are a lot of people who have jobs and it's not enough. If the salary goes up the same way, that's fine.

[ingiltere]

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.

...

It's funny that we don't see Türkiye here in this list, even though we have the highest inflation rate last year. Everything's price tripled over this short time period. Minimum wage is under starvation line and it's getting harder to live here every day. There is no real protest over the streets as we have a very strict government. It used to be protests all over the country but some group made a coup attempt and after that nothing was the same. People can't even talk freely. I don't know how long that will go on like that. We have elections next year but I'm not sure if it changes situation. It's hard to even slow inflation down, let alone stopping it which is impossible.
People are so overwhelmed that we can't even stand to see the news on TV anymore. I remember I have complained here before but the situation is getting worse and worse.

[meser#]

Do you know there are countries like Turkey where people are not allowed to protest.
I live in the democratic state and we protest a lot. There are so many protests I have seen - but these days my news feed are full of Indian and Pakistani people protesting for their rights - still there is no impact.

Hopefully you can also understand what I said earlier where basically I don't like to see protests and also don't like to protest any kind to the government.
Because it's an old-fashioned way that won't have any effect if it's only done in one day for one hour and you also said that before right? Now for a country like Turkey, it has long been applying rules to its citizens not to protest because the Turkish government has guaranteed welfare for its citizens so that citizens no longer have the right to protest and that is very different from many countries in this world.

Can you expand on the welfare part? I just want to hear how government guaranteed welfare for us I want to clarify first of all its not like the way you see Yes, protest number decreased on public area but people started to increase their voices on social media platform. It brought some law with it. And those are not on citizen side.

[coupable]

Naturally, if inflation can make anyone poor and the poor gets poorer, this is a serious problem so that many riots that start from the destruction of the economy, especially since the global economy is sluggish and threatened with recession so as to make domestic economic conditions become more difficult.

When we talk about manifestations and protests of a social nature, inflation is one of the main reasons due to the accompanying results that lead to:
- depreciation.
- An exorbitant increase in the prices of products and services.
- The deterioration of the purchasing power of low-income people.
- The disappearance of the middle class and the emergence of signs of social division.
And when the issue goes to the point of no return, it becomes difficult to treat inflation by addressing its causes, which leads to a social explosion. Perhaps this is not what decision makers seek every time, but the matter is exacerbated by the repeated delays.

[Minecache]

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.

...

It's funny that we don't see Türkiye here in this list, even though we have the highest inflation rate last year. Everything's price tripled over this short time period. Minimum wage is under starvation line and it's getting harder to live here every day. There is no real protest over the streets as we have a very strict government. It used to be protests all over the country but some group made a coup attempt and after that nothing was the same. People can't even talk freely. I don't know how long that will go on like that. We have elections next year but I'm not sure if it changes situation. It's hard to even slow inflation down, let alone stopping it which is impossible.
People are so overwhelmed that we can't even stand to see the news on TV anymore. I remember I have complained here before but the situation is getting worse and worse.

OP only listed some, not all countries, right now inflation is happening globally, i bet no country can avoid inflation today just the impact won't be the same. As far as I know, Turkey has an inflation rate of 80% and the Turkish government implements the opposite policy of other countries that the higher the inflation, the lower the interest rate. This is considered a completely opposite policy to most other countries to fight inflation and until now it has not worked. Hope they soon reconsider their anti-inflation policy to improve the country's economic situation.

[Techkoy407]

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.

especially the lower middle class economic community, they are very depressed because of inflation and regulations made by the central bank.

[Kadal Ijo]

Naturally, if global inflation becomes the beginning of a disaster, when inflation occurs in countries that have strong influences such as the USA, it is certain to have a broad and global impact, the price of food raw materials continues to increase and is difficult to stop so that we must always be vigilant.

[Abiky]

The Covid-19 pandemic has affected all countries. We are still suffering from it economically, if not as a disease. I don't think it is only in these countries, but in most countries there is high inflation and low income.
For example, even the war between Ukraine and Russia is affecting other countries right now.

The world's been a mess ever since the COVID-19 pandemic took us by surprise around 3 years ago. It seems that there are no signs of improvement as new strains/variants continue to appear like there's no tomorrow. Add to that the constant money printing from governments and the Russia-Ukraine war, and the end result is massive inflation over the global economy. Imagine if China decides to invade Taiwan in the middle of the crisis. It would make things worse in the long run.

Sadly, it seems to me this is the end of the world. Our economy is so deteriorated that it would be impossible to put it back to the way it was. Now with Putin making nuclear threats to Ukraine, it should only be a matter of time before everything turns into a disaster. Maybe there's still light at the end of the tunnel, but things look bleak right now to think about a bright future. Effectively, the rich will become richer, while the poor, poorer. Who knows what will happen next? Just my thoughts

[Jatiluhung]

Naturally, if global inflation becomes the beginning of a disaster, when inflation occurs in countries that have strong influences such as the USA, it is certain to have a broad and global impact, the price of food raw materials continues to increase and is difficult to stop so that we must always be vigilant.

We also need to make preparations from now on. because we do not know when the ongoing global economic crisis will end. preparation can be done by changing the pattern of life to be more frugal. so you can still set aside money for savings. so that when inflation gets higher and causes a recession. then we are ready to face it because we have made preparations from the beginning.

[wmaurik]

Inflation is real and the discussion of the high prices and high rates are real. This is not going to change even in the coming days
The real way to combat inflation is the financial freedom. And to gain financial freedom you have to get out of your comfort zone and work really hard.

To get out of that comfort zone does not have to be judged by hard work, because now people who work smart must also be considered as a form of hard work even though they look very comfortable when working. So smart work is also part of the effort to fight inflation even if only for yourself because it is a pattern that does not benefit other people or many people.

Yes, you will have to work a little harder to achieve your own financial freedom, but you will also have to take care of your health. Without health, it doesn't matter how much money or assets you have. You will have to earn a steady income so that you don't succumb to inflation. This can be passive or active additional work you can do.

I agree with what you are saying because if a person works hard or works continuously without paying attention to his physical health, it is also very wrong because when he is sick, of course there are many costs that he must spend to become healthy again. That's why there is a saying that says "Health is expensive" because when a person starts to get sick it actually costs him a lot more than when he was healthy. So work smart not hard.

[AndySt]

We also need to make preparations from now on. because we do not know when the ongoing global economic crisis will end. preparation can be done by changing the pattern of life to be more frugal. so you can still set aside money for savings. so that when inflation gets higher and causes a recession. then we are ready to face it because we have made preparations from the beginning.

The main danger of high inflation is that it eats up your savings and therefore the rate on accumulating savings for a long time no longer works. Also, in the case of high inflation, companies can no longer plan some things for a long time and will try to do such actions that will provide a large profit in a short time. Also, high inflation eats up the standard of living of citizens and citizens become poorer. Governments of states and citizens should change their actions, but unfortunately they do not have this experience and all this leads to social tension, and if the circumstances are unfortunate, to an explosion. Therefore, very difficult times are coming now and it is not known when there will be an improvement.

[wmaurik]

And for all this we have to be on the toes and earn more than our needs.
That is how we will be able to run with the inflation

I don't even understand what you mean by being alert and getting more than we need. Because vigilance lies in every calamity that occurs, while to get more needs, it happens through the efforts and smart work of each person. So what exactly are you trying to say here? Because I think that everyone's way of dealing with inflation is always different even though the goal is not much different, namely fighting inflation.

[wmaurik]

either you protest or fight with others for the inflation. At the end you have to take care of the food on your table because no one is going to help you.
So better don't waste time and find yourself financial freedom. That is it!

There is no need to protest or fight with others just for the sake of eradicating inflation. Because everyone only needs to provide evidence that inflation is a very painful thing for everyone, so the government is willing to open its eyes and minds to this so that inflation can be resolved more quickly.

Although not in a way that is so fast, but at least it can provide a little relief for the citizens or communities in their own country. Although everyone needs to seek financial freedom in different ways to continue to sustain life and be better than before.

[Ani1985]

Inflation is certainly a cause of economic storms that are difficult for everyone, many countries do everything, for example by providing subsidies and ease of capital loans so that they can move the economy so that they can become even better.

[wiss19]

Many countries went bankrupt because of uncontrolled inflation, such as zimbabwe which was once reported to buy 1 kg of eggs it took almost 1 basket of money, it is true that this is a serious problem that must be resolved as soon as possible before it becomes more difficult.

Lol that's crazy but that was true and there is even 1 million dollar bill on them but the value of it was still tiny and it might need you to obtain more of it before you can purchase some basic necessities that people need daily. Inflation is a serious problem but more on that country. It seems it's too late already for them to take preventive measures but what they need is more on a solution.

I heard the country is planning to use gold and then dollar but they should also consider cryptos such as bitcoin. I think that inflation is a natural problem because even other well developed countries can experience it too so people shouldn't just protest quickly and put the blame all to their government. That isn't helping but it can only cause more problems.

[Jatiluhung]

We also need to make preparations from now on. because we do not know when the ongoing global economic crisis will end. preparation can be done by changing the pattern of life to be more frugal. so you can still set aside money for savings. so that when inflation gets higher and causes a recession. then we are ready to face it because we have made preparations from the beginning.

The main danger of high inflation is that it eats up your savings and therefore the rate on accumulating savings for a long time no longer works. Also, in the case of high inflation, companies can no longer plan some things for a long time and will try to do such actions that will provide a large profit in a short time. Also, high inflation eats up the standard of living of citizens and citizens become poorer. Governments of states and citizens should change their actions, but unfortunately they do not have this experience and all this leads to social tension, and if the circumstances are unfortunate, to an explosion. Therefore, very difficult times are coming now and it is not known when there will be an improvement.

it's true as you say. the most difficult situation when the inflation rate is higher is when the income we receive which is usually enough to survive for 1 month and usually can set aside a little income for savings, but now the money from that income is not even enough for one month's living expenses. because the drastic rate of increase in prices is not accompanied by an increase in income received every month. so that instead of being able to save, it is actually our savings that can be reduced or used.

The only solution that can be taken in such a situation is to change the lifestyle to be as frugal as possible. I usually prefer to eat fast food via delivery from a nearby restaurant. now I have changed my lifestyle by preferring to cook my own food that I will eat. even now I no longer buy raw food ingredients from supermarkets. but I prefer to buy from the roadside market where the price is much cheaper. because it comes from local farmers. whereas in supermarkets it is always much more expensive because sometimes many foodstuffs are imported so of course the price is a little more expensive. I'm still trying my best to save up.

But you are right. not everyone is ready for all this. because some people still do not change their lifestyle even though inflation is felt to be getting higher. So what happens is that there are many people who take loans from online to cover the lack of money for their monthly shopping. so that in the following months their condition becomes even more difficult. because in addition to having to meet daily needs for one month plus they have to pay installments from online loans they received last month. they blame the government. so that a lot of riots and protests are increasingly rampant. such as many who protested the increase in fuel prices. but the government could not grant the request of the people who carried out the protest. because the government raises the price of fuel with a strong reason even for it is done to fix the current economic crisis. but sometimes the government's policies still feel ineffective. even the economic crisis is getting worse. and one of the reasons why the policy seems ineffective is that a lot of funds are misappropriated by corrupt officials. if inflation is higher and the level of corruption in a country is also high. then of course the country will be difficult to recover and even worse. so that it is the people who suffer more and further protests will be at a severe level which could lead to clashes between the citizens and the government as happened in Sri Lanka.

[Ozero]

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.

After several years of the most severe coronavirus pandemic in recent decades, which completely disrupted the usual way of life of people, undermined and significantly reduced the production of goods and services, the economic situation deteriorated sharply in almost all countries. The current Russian military aggression against Ukraine has exacerbated this bad situation, as once again the supply of not only energy but also other goods, especially agricultural goods, has been severely disrupted, set in motion millions of refugees, tens of thousands of deaths and numerous destruction of civilian infrastructure. Therefore, high inflation in the current situation is natural. Mass protests of people will not change this situation, and if they are very long, then the economic situation can only worsen. We need to go through these difficult tests and everything will work out after a certain time.

[DanWalker]

I heard the country is planning to use gold and then dollar but they should also consider cryptos such as bitcoin.

Yes, countries with high inflation should try all possible solutions and bitcoin should be one of them. There is no guarantee that it will help them weather inflation and revive the economy, but it is an opportunity they should try.

I think that inflation is a natural problem because even other well developed countries can experience it too so people shouldn't just protest quickly and put the blame all to their government. That isn't helping but it can only cause more problems.

It's true, people tend to blame everything on government for silly reasons, sometimes inflation is caused by corrupt government which leads to inflation and default of a country. But sometimes due to other causes such as the ongoing global economic crisis caused by pandemics and wars, it is not possible to blame the government entirely in this case. It can be seen that even major powers such as Germany, Britain, etc. have also fallen into an unprecedented crisis, so this is extremely difficult for countries in the 3rd world.

[2stout]

Of course high inflation is causing global protests because everyone, everywhere is feeling the pain.  This shows that this is not a local phenomenon but a worldwide thing, nonetheless it will be incorrectly politicized for power.

[wmaurik]

We all waste time in talking and making excuses - but the best practice is to work hard a bit harder and longer
Because you have to earn more to combat inflation.
And this blame game on inflation is not going to end - so better work and earn

No one is wasting time here because working while talking is also allowed as long as it can produce, and vice versa. Because you will also get bored more easily when you work without talking to people around you, especially if you need more ideas to improve your work better and also increase your income as you want. So no time is wasted as long as it is used to work for more income.

[Sayeds56]

Of course high inflation is causing global protests because everyone, everywhere is feeling the pain.  This shows that this is not a local phenomenon but a worldwide thing, nonetheless it will be incorrectly politicized for power.

Inflation is rising globally since war broke out between Russia and Ukraine which caused high price of food and energy but since FED has taken strong measures to control inflation by increasing interest rates, it will certainly start coming down as it is evident from CPI data released this evening. CPI of October is 7.7% which is significantly lower than last month. If this trend continues, we will see decline in prices of goods & services  in coming days.

https://www.investing.com/economic-calendar/

[Abiky]

Inflation is rising globally since war broke out between Russia and Ukraine which caused high price of food and energy but since FED has taken strong measures to control inflation by increasing interest rates, it will certainly start coming down as it is evident from CPI data released this evening. CPI of October is 7.7% which is significantly lower than last month. If this trend continues, we will see decline in prices of goods & services  in coming days.

https://www.investing.com/economic-calendar/

It's all Russia's fault. If Putin didn't decide to invade Ukraine in the first place, the economy would've been on a path towards a slow and steady recovery (since the COVID-19 pandemic temporarily affected it). Now things are worse, as Russia decided to stop selling energy/gas to the EU. This caused inflation to increase by a large margin within the bloc. Global food prices also increased due to Ukraine's inability to export wheat (although a deal was made with the UN recently to help address the issue).

I don't think central banks' efforts to tackle inflation will work if Russia continues with the war. The Putin regime must be stopped so we could see inflation decline to acceptable levels. Poor people are being severely affected, while the wealthy are doing well. I hope this will be all over soon, so we could be on a road towards a prosperous future. Just my opinion

[Sayeds56]

Inflation is rising globally since war broke out between Russia and Ukraine which caused high price of food and energy but since FED has taken strong measures to control inflation by increasing interest rates, it will certainly start coming down as it is evident from CPI data released this evening. CPI of October is 7.7% which is significantly lower than last month. If this trend continues, we will see decline in prices of goods & services  in coming days.

https://www.investing.com/economic-calendar/

It's all Russia's fault. If Putin didn't decide to invade Ukraine in the first place, the economy would've been on a path towards a slow and steady recovery (since the COVID-19 pandemic temporarily affected it). Now things are worse, as Russia decided to stop selling energy/gas to the EU. This caused inflation to increase by a large margin within the bloc. Global food prices also increased due to Ukraine's inability to export wheat (although a deal was made with the UN recently to help address the issue).

I don't think central banks' efforts to tackle inflation will work if Russia continues with the war. The Putin regime must be stopped so we could see inflation decline to acceptable levels. Poor people are being severely affected, while the wealthy are doing well. I hope this will be all over soon, so we could be on a road towards a prosperous future. Just my opinion

Indeed, Ukraine war is behind all financial crisis which created logistic issues worldwide and caused financial crisis all over the world. this war is a madness and it continues it can potentially spread to other countries which can create very dangerous situation for the whole world. Central Banks usually reduce money supply by increasing interest rates which mostly works but it is not good solution for long term as it reduces business activity.

[ChiNgadOr]

Of course high inflation is causing global protests because everyone, everywhere is feeling the pain.  This shows that this is not a local phenomenon but a worldwide thing, nonetheless it will be incorrectly politicized for power.

There had been complains everywhere in the world and if this continues it could lead to continuous protest from different countries. Inflation is increasing everyday and the price of goods keep going up without the government coming to look for solution that will end this inflicted hike of products. This was as a result of the COVID-19 pandemic that caused a severe havoc on our economy. The stain is going to take a very long time to be able to clear off if nothing is done.

[Bitcoin2009]

Of course high inflation is causing global protests because everyone, everywhere is feeling the pain.  This shows that this is not a local phenomenon but a worldwide thing, nonetheless it will be incorrectly politicized for power.

Inflation is a serious problem because it involves the necessities of life for humans. Sometimes people don't think about filling up their bank accounts. They only need money to buy basic needs. If they can't afford to buy basic needs, there will be protests and criminal acts.

[adiksau0414]

These is worldwide, i am still not believe that in our country, they blame it to the government. Maybe the government is the one who manage not to worsen the inflation but if a bigger and richer country is having a problem about inflation, how could a third-world country can manage it easily?

[Theones]

These is worldwide, i am still not believe that in our country, they blame it to the government. Maybe the government is the one who manage not to worsen the inflation but if a bigger and richer country is having a problem about inflation, how could a third-world country can manage it easily?

people here my country are protesting like crazy against high prices and inflation
but the only solution is to gain financial freedom and nothing else

[ChiBitCTy]

High inflation is an absolute killer right now and I just don't see how so many people are actually going to be able to survive without getting some relief from inflation.  I know a lot of people who make a pretty darn good living but thanks to inflation it's crushing their wallets and they aren't going to be able to afford the luxuries quite like they used to be able to. 

I'm curious how companies will respond in terms of pay raises, overall.

[Woodie]

Before all these unrests started, the world was hit by covid and many countries were forced into lock downs which mearnt production and service delivery dropped massively which negatively affected people's earnings and livelihood. Then along the way when the world was recovering from the effects of covid Russia declared war on Ukraine which has had a snowball effect that's negatively affecting other countries which has brought all these problems... and the only solution to this is a standoff by both countries to get things back to normal better yet Russia stands down!

[sovie]

Before all these unrests started, the world was hit by covid and many countries were forced into lock downs which mearnt production and service delivery dropped massively which negatively affected people's earnings and livelihood. Then along the way when the world was recovering from the effects of covid Russia declared war on Ukraine which has had a snowball effect that's negatively affecting other countries which has brought all these problems... and the only solution to this is a standoff by both countries to get things back to normal better yet Russia stands down!

I agree there is so much inflation but there is so much propaganda which is adding fuel to the fire.
keeping everything a side - one should work to gain financial freedom and nothing more, the rest is the waste of time and energy

[Abiky]

Indeed, Ukraine war is behind all financial crisis which created logistic issues worldwide and caused financial crisis all over the world. this war is a madness and it continues it can potentially spread to other countries which can create very dangerous situation for the whole world. Central Banks usually reduce money supply by increasing interest rates which mostly works but it is not good solution for long term as it reduces business activity.

Central banks can't keep raising interest rates forever. Sooner or later they're going to have to take a softer stance against inflation, as it will do more harm than good to markets and businesses themselves. People are going to have to hold off until everything goes back to normal. I'm hopeful the war will come to an end by 2023, as countries continue to supply weapons and aid to Ukraine. A Ukrainian victory would be a terrible shame for Putin. It could end his regime as we know it. Not only that, but such victory would also strengthen democracies worldwide. No one knows what the future holds, so we can only hope for the best. Just my opinion

[Jatiluhung]

Inflation is rising globally since war broke out between Russia and Ukraine which caused high price of food and energy but since FED has taken strong measures to control inflation by increasing interest rates, it will certainly start coming down as it is evident from CPI data released this evening. CPI of October is 7.7% which is significantly lower than last month. If this trend continues, we will see decline in prices of goods & services  in coming days.

https://www.investing.com/economic-calendar/

It's all Russia's fault. If Putin didn't decide to invade Ukraine in the first place, the economy would've been on a path towards a slow and steady recovery (since the COVID-19 pandemic temporarily affected it). Now things are worse, as Russia decided to stop selling energy/gas to the EU. This caused inflation to increase by a large margin within the bloc. Global food prices also increased due to Ukraine's inability to export wheat (although a deal was made with the UN recently to help address the issue).

I don't think central banks' efforts to tackle inflation will work if Russia continues with the war. The Putin regime must be stopped so we could see inflation decline to acceptable levels. Poor people are being severely affected, while the wealthy are doing well. I hope this will be all over soon, so we could be on a road towards a prosperous future. Just my opinion

Yes, it is undeniable that the economic crisis is getting worse after the war between Russia vs Ukraine. and it's true, if the war didn't happen it's possible that the global economy would improve slightly even if slowly for some countries. However, the problem of inflation still cannot be avoided even though the Russia vs Ukraine War did not occur. but certainly not as bad as today. because today's inflation is also part of the post-pandemic market shock. demand that suddenly soars after quarantine restrictions are lifted or after the pandemic is over. and supply cannot keep up with demand. an example is the demand for natural gas which has soared post-pandemic. although natural gas is available but still it is limited and cannot keep up with demand. coupled with the actions of several countries boycotting Russia. so that Russia also stopped shipping natural gas to several countries such as in Europe.

[sovie]

Yes, it is undeniable that the economic crisis is getting worse after the war between Russia vs Ukraine. and it's true, if the war didn't happen it's possible that the global economy would improve slightly even if slowly for some countries. However, the problem of inflation still cannot be avoided even though the Russia vs Ukraine War did not occur. but certainly not as bad as today. because today's inflation is also part of the post-pandemic market shock. demand that suddenly soars after quarantine restrictions are lifted or after the pandemic is over. and supply cannot keep up with demand. an example is the demand for natural gas which has soared post-pandemic. although natural gas is available but still it is limited and cannot keep up with demand. coupled with the actions of several countries boycotting Russia. so that Russia also stopped shipping natural gas to several countries such as in Europe.

Be your own best advocate. Although everyone is complaining so much about about inflation but holiday shoppers are at the peak for the shopping.
I think many people are used to complaining all the time - but obviously they are shopping and dining out all the time even the inflation is at the peak.

[wmaurik]

Be your own best advocate. Although everyone is complaining so much about about inflation but holiday shoppers are at the peak for the shopping.
I think many people are used to complaining all the time - but obviously they are shopping and dining out all the time even the inflation is at the peak.

Eating and shopping are part of everyone's life needs. And under any circumstances everyone obviously has to eat and drink and shop for himself because that is the most important part while we are alive. But in conditions of inflation or other similar calamities, everyone can reduce their spending as long as what they need can still be enjoyed sufficiently even though they don't have to cut their portion of food every day.

[Mr__ZACK]

The U.S. and global inflation rates in 2022 reached their greatest levels since the early 1980s. A number of factors, including the COVID pandemic and Russia's invasion of Ukraine, contributed to the quick surge in world prices; there is no single cause, though.

According to World of Statistics, Inflation rate :
https://twitter.com/stats_feed/status/1598697294131519489?t=JIPb8Kt-rx0ad6WHiIFbFQ&s=19

[BADecker]

All the Covid shutdowns helped a lot of people see their loss of freedom within the system. They are getting out, becoming 'preppers' and staying out. It's happening all over the world, as more and more people realize that the banking and other systems the elite have built for them are less that satisfactory.


More Americans Leave the Workforce as Participation Rate Drops Again

The share of Americans either working or actively looking for a job fell to 62.1%, according to government data released Friday. The rate had risen to 62.4% in August, matching a post-pandemic high reached in March, but remains significantly below where it was before the pandemic.

"We got no help from the participation rate, which continues to move in the wrong direction and will keep competition for labor high until the economy inevitably rolls over sometime next year," said Cliff Hodge, chief investment officer at Cornerstone Financial.

Concerns about Covid-19, trouble finding child care, early retirements and suppressed immigration have all contributed to a subdued workforce.

The drop in participation is bad news for Federal Reserve officials, who have aggressively been rising interest rates this year as they try to tame inflation. They were hoping that cooling the economy would lure workers back to jobs. It hasn't happened yet.

...

[sovie]

Be your own best advocate. Although everyone is complaining so much about about inflation but holiday shoppers are at the peak for the shopping.
I think many people are used to complaining all the time - but obviously they are shopping and dining out all the time even the inflation is at the peak.

Eating and shopping are part of everyone's life needs. And under any circumstances everyone obviously has to eat and drink and shop for himself because that is the most important part while we are alive. But in conditions of inflation or other similar calamities, everyone can reduce their spending as long as what they need can still be enjoyed sufficiently even though they don't have to cut their portion of food every day.

in our country people have stopped hanging out and long drives and unnecessary travel.
I don't leave home for one thing to do - I go when there is a list of things to be done. This way I save fuel and my time and my effort cost as well

[bitgov]

It's very amusing that when I started the topic, a lot of people didn't believe that inflation was truly coming. It's that, probably the situation wasn't just the same for the different regions around the globe, which made it look that the point of the topic is misunderstood. Inflation is coming if it has not arrived in your country yet, and it might not end until the war between Russia and Ukraine ends. Let's hope it will be soon.

Honestly the conflict between Russia and Ukraine has a devastating impact on the economy in my country just as you predicted, particularly the price of diesel had syrocketed, diesel which is the major fuel used by industries to power their generators as a result of epileptic power supply had forced the prices of products manufactured by those industries to increase thus causing high inflation, infact some of those industries had to shut down operations lay off their workers rising from high cost of production, wheat which is another raw material usually imported from Ukraine by Flour industries for bread baking has not been available thus forcing it importers to seek alternative but much more expensive means consequently bread a staple food is now very expensive.

there is no use of cursing Ukraine and Russia
Everyone is fighting their battles - Russia and Urkairan are fighting theirs we have to fight ours. So let's focus on earning more money for financial freedom.

[sovie]

The U.S. and global inflation rates in 2022 reached their greatest levels since the early 1980s. A number of factors, including the COVID pandemic and Russia's invasion of Ukraine, contributed to the quick surge in world prices; there is no single cause, though.

According to World of Statistics, Inflation rate :
https://twitter.com/stats_feed/status/1598697294131519489?t=JIPb8Kt-rx0ad6WHiIFbFQ&s=19

CNN - AMazon - Twitter all the big companies are laying off their employee
The protests are not going to help - one should find ways to earn money to gain the financial freedom there is no other solution and there's no other way.

[wmaurik]

in our country people have stopped hanging out and long drives and unnecessary travel.
I don't leave home for one thing to do - I go when there is a list of things to be done. This way I save fuel and my time and my effort cost as well

Everyone will not be the same in carrying out their lives in this world even though they live in the same country, because those of you who can save costs like that don't necessarily mean that other people can do it because everyone has different jobs with different levels of needs. So that kind of thing maybe only you can do, but not necessarily can be done by other people. So that everyone's way of saving will look different in the community environment.

[BRINIRHA]

in our country people have stopped hanging out and long drives and unnecessary travel.
I don't leave home for one thing to do - I go when there is a list of things to be done. This way I save fuel and my time and my effort cost as well

Everyone will not be the same in carrying out their lives in this world even though they live in the same country, because those of you who can save costs like that don't necessarily mean that other people can do it because everyone has different jobs with different levels of needs. So that kind of thing maybe only you can do, but not necessarily can be done by other people. So that everyone's way of saving will look different in the community environment.

Well, everyone has their own plans for managing their finances. including thrift. because the type of work, time of work, distance to the place of work and the salary of each person's work is different. especially if each family has a different number of family members. then of course these things will make everyone have their own way of saving money. High inflation has indeed forced people who are not accustomed to thrifty to be frugal.

[mvdheuvel1983]

Everyone will not be the same in carrying out their lives in this world even though they live in the same country, because those of you who can save costs like that don't necessarily mean that other people can do it because everyone has different jobs with different levels of needs. So that kind of thing maybe only you can do, but not necessarily can be done by other people. So that everyone's way of saving will look different in the community environment.

Why is inflation rising everywhere in the world? due to the global nature of the pandemic, the shipping crisis, and the global failure of the crops. Whoever wants to pay attention to these needs to quit depending on the government and start saving all of their money, in my opinion. If you truly want financial freedom, consider making a few investments.

[BADecker]

High inflation is being done by the wealthy elite of the world. They want Centralization of the money, in their hands. But if they don't do it just right, the whole money system will collapse worldwide. Worse for the bankers and government people is that the common people will execute them. But we will get Decentralization as much of the world slips out of the international community. Some of that Decentralization will be good, as Bitcoin will soar.

See: Doug Casey on the Struggle Between the Powerful Forces of Centralization and Decentralization - https://internationalman.com/articles/doug-casey-on-the-struggle-between-the-powerful-forces-of-centralization-and-decentralization/.

[wmaurik]

Well, everyone has their own plans for managing their finances. including thrift. because the type of work, time of work, distance to the place of work and the salary of each person's work is different. especially if each family has a different number of family members. then of course these things will make everyone have their own way of saving money. High inflation has indeed forced people who are not accustomed to thrifty to be frugal.

And it also has advantages for those who are not used to thrifty to become frugal during high inflation conditions. Because saving to support a better life is something that is highly recommended because it's for yourself and your family. So it's clear that everyone will make unusual ways and plans when inflation occurs, such as managing financial income and expenses.

Why is inflation rising everywhere in the world? due to the global nature of the pandemic, the shipping crisis, and the global failure of the crops. Whoever wants to pay attention to these needs to quit depending on the government and start saving all of their money, in my opinion. If you truly want financial freedom, consider making a few investments.

I've been considering several investments before the global pandemic hit or before the global crop failure happened. Because I don't work for the government, there's nothing I can expect from the government except just working for myself and trying to manage some investments to personally support my future.

[worldofcoins]

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.

Not just one but a bunch of reasons can be involved in high inflation, high fuel prices, etc. But yes, It's becoming a global issue, and central bank control is decreasing daily. It's the main reason I prefer the bitcoin market to conventional businesses.

[Sayeds56]

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.

Not just one but a bunch of reasons can be involved in high inflation, high fuel prices, etc. But yes, It's becoming a global issue, and central bank control is decreasing daily. It's the main reason I prefer the bitcoin market to conventional businesses.

High inflation has been a major economic issue all over the world  throughout 2022 and it caused political unrest/protests  in many countries but now in the last quarter of current year we are witnessing drop in crude oil price which is sigh of relief for all of us because it will  bring down prices of  food items and all commodities in coming weeks and months as well as hopefully, we will soon see pause in interest rate increase which causes increase in cost of doing business and eventually this cost is passed to the consumers.

[Jatiluhung]

in our country people have stopped hanging out and long drives and unnecessary travel.
I don't leave home for one thing to do - I go when there is a list of things to be done. This way I save fuel and my time and my effort cost as well

Everyone will not be the same in carrying out their lives in this world even though they live in the same country, because those of you who can save costs like that don't necessarily mean that other people can do it because everyone has different jobs with different levels of needs. So that kind of thing maybe only you can do, but not necessarily can be done by other people. So that everyone's way of saving will look different in the community environment.

so true. we are even more worried about people who do not have a job at this time of inflation. they will not even have time to think about saving because they will only continue to use their saved money if they have it. the lower classes suffer greatly in high inflation. under normal economic circumstances even they have to struggle to meet their daily living needs. plus inflation that makes price spikes very high. must have made them even more difficult. However, it seems that in several countries the economy has been getting better and recovering. and let's hope that in 2023 a recession will not occur. inflation returned to normal and prices returned to decline.

[Mr__ZACK]

in our country people have stopped hanging out and long drives and unnecessary travel.
I don't leave home for one thing to do - I go when there is a list of things to be done. This way I save fuel and my time and my effort cost as well

Everyone will not be the same in carrying out their lives in this world even though they live in the same country, because those of you who can save costs like that don't necessarily mean that other people can do it because everyone has different jobs with different levels of needs. So that kind of thing maybe only you can do, but not necessarily can be done by other people. So that everyone's way of saving will look different in the community environment.

so true. we are even more worried about people who do not have a job at this time of inflation. they will not even have time to think about saving because they will only continue to use their saved money if they have it. the lower classes suffer greatly in high inflation. under normal economic circumstances even they have to struggle to meet their daily living needs. plus inflation that makes price spikes very high. must have made them even more difficult. However, it seems that in several countries the economy has been getting better and recovering. and let's hope that in 2023 a recession will not occur. inflation returned to normal and prices returned to decline.

Yes in several countries, economy is getting better and recovering but COVID-19 which i think, had  broken the economy, is now spreading again . In China there is a millions of patients which are increasing. Hope this new year will bring good news . Economy get better and Covid end .

[Swordsoffreedom]

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.

Not just one but a bunch of reasons can be involved in high inflation, high fuel prices, etc. But yes, It's becoming a global issue, and central bank control is decreasing daily. It's the main reason I prefer the bitcoin market to conventional businesses.

High inflation has been a major economic issue all over the world  throughout 2022 and it caused political unrest/protests  in many countries but now in the last quarter of current year we are witnessing drop in crude oil price which is sigh of relief for all of us because it will  bring down prices of  food items and all commodities in coming weeks and months as well as hopefully, we will soon see pause in interest rate increase which causes increase in cost of doing business and eventually this cost is passed to the consumers.

The drop in crude oil prices is a good sign, but will it last as the battle continues and gets more intense? Second: we need to find out why oil prices fell. It is not due to the abundant supply again that part of China's consumption is disrupted because they are still shutting down the economy because of the covid pandemic. Once China's economy opens, consumption will increase, and OPEC will cut production, I am afraid that oil prices will soon rise again in 2023.

[Theones]

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.

Not just one but a bunch of reasons can be involved in high inflation, high fuel prices, etc. But yes, It's becoming a global issue, and central bank control is decreasing daily. It's the main reason I prefer the bitcoin market to conventional businesses.

High inflation has been a major economic issue all over the world  throughout 2022 and it caused political unrest/protests  in many countries but now in the last quarter of current year we are witnessing drop in crude oil price which is sigh of relief for all of us because it will  bring down prices of  food items and all commodities in coming weeks and months as well as hopefully, we will soon see pause in interest rate increase which causes increase in cost of doing business and eventually this cost is passed to the consumers.

The drop in crude oil prices is a good sign, but will it last as the battle continues and gets more intense? Second: we need to find out why oil prices fell. It is not due to the abundant supply again that part of China's consumption is disrupted because they are still shutting down the economy because of the covid pandemic. Once China's economy opens, consumption will increase, and OPEC will cut production, I am afraid that oil prices will soon rise again in 2023.

I think there is no use of protesting because the protest wont work
The only good thing one can do it to gain financial freedom and nothing else

[BossTrack]

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.

Right, all that will happen is politicians will see the demand for "combatting inflation" and make some fake rhetoric about how they will "solve" inflation.