Smack That Ace
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September 05, 2022, 02:53:15 AM |
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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.
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Doan9269
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September 05, 2022, 06:25:51 PM |
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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.
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Stella Mese
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September 06, 2022, 05:50:03 AM |
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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.
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boyptc
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September 06, 2022, 09:09:12 AM |
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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.
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ololajulo
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September 06, 2022, 09:19:20 AM |
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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.
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Wind_FURY (OP)
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September 06, 2022, 10:15:56 AM |
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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.
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boyptc
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September 07, 2022, 06:19:55 PM |
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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.
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Wind_FURY (OP)
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September 08, 2022, 08:47:42 AM |
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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.
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wmaurik
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September 09, 2022, 09:16:23 AM Merited by fillippone (3) |
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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.
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Kadal Ijo
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September 09, 2022, 10:30:33 AM |
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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.
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Sayeds56
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September 09, 2022, 03:31:23 PM |
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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.
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Raflesia
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September 09, 2022, 06:27:24 PM |
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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.
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Wind_FURY (OP)
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September 11, 2022, 08:32:01 AM |
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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,
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wmaurik
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September 12, 2022, 10:11:48 AM |
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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.
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Sayeds56
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September 18, 2022, 04:07:57 AM Last edit: September 18, 2022, 05:14:57 AM by Sayeds56 |
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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.
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electronicash
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September 18, 2022, 08:06:58 AM |
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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.
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Jatiluhung
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September 18, 2022, 08:13:02 AM |
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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.
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Obito
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September 18, 2022, 08:38:25 AM |
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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?
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Fara Chan
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September 18, 2022, 03:32:52 PM |
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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.
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ginsan
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September 18, 2022, 05:12:50 PM |
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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.
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