High inflation is causing GLOBAL protests

[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.

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[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.