High inflation is causing GLOBAL protests

[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.

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[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/