High inflation is causing GLOBAL protests

[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

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[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.