High inflation is causing GLOBAL protests

[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