Have you felt the impact of inflation so far?

[Silberman]

Nobody can hide from the impact of inflation, no matter if you are rich, middle class or poor. The people suffering the most are the poor and middle class... and you will find with the higher unemployment after the impact of the Covid pandemic... a lot more people moved from the middle class to the poor category.  

I definitely feel the impact of higher inflation and higher fuel prices....and I have not received an increase in my salary for the last 4 years. (I am just happy to have a job)  

It is true that no one can really hide from inflation but we can take steps that at least offer some protection against it, and one of the most obvious steps is to convert your fiat money that is losing value every single day into something that keeps it, you could buy gold or silver and in the case things get even worse not only you could protect your wealth but you could even obtain profits once people realize that things are getting out of control and decide to buy gold and silver as well, but obviously in order to do that you need to have savings, and saving is difficult to do when inflation is going up so rapidly.

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[Lubang Bawah]

I feel the impact of inflation since the Covid occurred, prices rose fantastic while income decreased dramatically, and now I have to do many things to be able to survive, I sell online and become a reseller of many products, every day looks busy but income cannot be as expected.

[boris singer]

From year to year, it is clear that the impact is quite significant, especially during the Covid period, which clearly worsens the situation.
I feel something like this from 2 years ago, the price is increasing more and more and the last time I see the impact of that fuel prices in my country are rising again and this is definitely one of the real impacts that I feel.
Foodstuffs are also clearly one of the things that are felt, some time ago there were even some food prices whose prices rose up to 4 times the previous price because these goods were so scarce because they could not be obtained because their exports were disrupted due to inflation that hit .

We are all been affected with inflation and there's no avoidance of it and that what really makes this situation do really gets worst as years passing but we cant really that to do something with this but rather

finding up other ways for you to earn so that you would able to sustain up yourself somehow into this certain condition because if you do stick out with your daily job income or salary then you would definitely be

fucking up yourself gradually which might lead even on having some loans and borrowed money just because your earning isnt really just enough on your daily living.This is why
we should be wise on taking up decisions.

In this case, taking a loan is not the right thing in my opinion, because regardless, it will make things worse, not better.
Maximizing what we have is still a good thing than having to borrow money I think and this is what I do because with this loan it will actually branch when we think because apart from having thoughts to make something better or at least being able to eat for tomorrow we also have to think about loan repayments.

[Rockstarguy]

Inflation will be difficult to control, many countries are helpless to overcome inflation, the hardest thing is usually to remove subsidies so that it makes the people more difficult, I feel the impact of inflation in 2022, although the government provides a good policy on the economy but the fact can not be felt by the people.

The inflation is not affecting the economy of a particular country but it is also affecting the global markets which is affecting many countries in the world. The inflation is affecting every class of human, company workers and government workers who are know to spend money excessively before, now they mind the way they spend money because the money they receive as income is not enough for them. The funniest part about the inflation is as if food items are the most expensive things now.

[ShowOff]

If I were in your position, maybe the first step I would take would be to calculate the assets, then convert some good investments, like bitcoin potential or altcoins, especially from the story you wrote, it sounds like you are not new to this world. The scope of investment seems to understand well, the potential of bitcoin and altcoins. Of course you understand when is the right time to start

As we know, investment is one way to reduce the impact of inflation in the long term, but in my opinion, there must be a balance between demand and investment. If in the last few years I was able to invest up to 50% of my total monthly income, this year I'm sure it has dropped very drastically. I also don't just think of crypto as an investment asset because there are actually many other assets out there that I would also consider to be a good long term investment.

It's not a matter of knowing or not, new or old, but actually investing is an awareness of how we can benefit from money, meaning let money work for us besides we also work to earn money. Right now what I'm thinking about is how this stability can be achieved when things get worse due to government policies.

[KingsDen]

Inflation will be difficult to control, many countries are helpless to overcome inflation, the hardest thing is usually to remove subsidies so that it makes the people more difficult, I feel the impact of inflation in 2022, although the government provides a good policy on the economy but the fact can not be felt by the people.

This is happening in our country. The government is trying to do temporary solutions but the people can't feel their good policy. Everyone is struggling because all the prices of imported goods and necessities have risen. I haven't had this kind of struggle before and it seems like we're in survival mode each day.

What exactly is the major cause of this global inflation? Why is it affecting every country. After covid-19 pendamic till date, the cost of products and services has trippled. I was simply much worried that I had to contact my friends outside my country about it and they confirmed it's happening in their countries as well. The value and purchasing power of the fiat keeps reducing. I am thinking if this will continue this way, or will there be a normalcy and how will it be attained?

[nurilham]

Inflation will be difficult to control, many countries are helpless to overcome inflation, the hardest thing is usually to remove subsidies so that it makes the people more difficult, I feel the impact of inflation in 2022, although the government provides a good policy on the economy but the fact can not be felt by the people.

If the country has no good preparation to face the current inflation, it is difficult to overcome the situation. In my country, the government prefers to have a loan from another country and also remove subsidies to deal with the situation. It may be a proper solution temporarily, but it will bring negative impacts in the future. The loan should have high interest, and the government will force society to pay the loan by increasing the taxes. Sure, society never feels happy about the policy, it even makes their situation worse because they have to bear the burden of the state's debt/loan which they basically don't want to. I am as a society, also feel sad about the inflation and the worse decision made by the government.

[stomachgrowls]

Inflation will be difficult to control, many countries are helpless to overcome inflation, the hardest thing is usually to remove subsidies so that it makes the people more difficult, I feel the impact of inflation in 2022, although the government provides a good policy on the economy but the fact can not be felt by the people.

If the country has no good preparation to face the current inflation, it is difficult to overcome the situation. In my country, the government prefers to have a loan from another country and also remove subsidies to deal with the situation. It may be a proper solution temporarily, but it will bring negative impacts in the future. The loan should have high interest, and the government will force society to pay the loan by increasing the taxes. Sure, society never feels happy about the policy, it even makes their situation worse because they have to bear the burden of the state's debt/loan which they basically don't want to. I am as a society, also feel sad about the inflation and the worse decision made by the government.

You would really felt that impact if you dont really do something or finding out other ways for you to earn more income because just like on what most people been saying that inflation could really give

impact on everything which it cant be something for it to be resolved but it do gets worst as years passing by which it would be common sense that we should be finding ways for us to sustain at least.

You would definitely felt the impact if you are on a situation or condition that you would fell short when it comes due to expenses so it would really be just sensible on doing such things.

[Fara Chan]

As we know, investment is one way to reduce the impact of inflation in the long term, but in my opinion, there must be a balance between demand and investment.

Yes, that's right, this is directly related to the law of demand, there must always be a balance, but sometimes investment goes against the law of demand.

If in the last few years I was able to invest up to 50% of my total monthly income, this year I'm sure it has dropped very drastically.

Depending on which coin you hold, if market conditions are not good, then the income we receive will automatically decrease, because investing in crypto has a down and pumping condition.

I also don't just think of crypto as an investment asset because there are actually many other assets out there that I would also consider to be a good long term investment.

Your assumption is very true, almost everyone knows this, but what we need to know, bitcoin has a more perfect meaning, if you and I know when to enter the market and make long term investments, 2021 is a great example of what we can do

It's not a matter of knowing or not, new or old, but actually investing is an awareness of how we can benefit from money, meaning let money work for us besides we also work to earn money.

The investment function is indeed looking for profit, but speaking of science and strategy are two things that cannot be separated, that's what I mean by that we must know when is the right time to enter the market. Now is the time for money to work, but it also can't be eliminated because people are in control.

Right now what I'm thinking about is how this stability can be achieved when things get worse due to government policies.

Trust me, government policies are not capable of influencing bitcoin, the decentralization in question can be attributed to this statement, as long as you hold the right and potential coins.

[EdenHazard]

Nobody can hide from the impact of inflation, no matter if you are rich, middle class or poor. The people suffering the most are the poor and middle class... and you will find with the higher unemployment after the impact of the Covid pandemic... a lot more people moved from the middle class to the poor category.  

I definitely feel the impact of higher inflation and higher fuel prices....and I have not received an increase in my salary for the last 4 years. (I am just happy to have a job)  

It is true that no one can really hide from inflation but we can take steps that at least offer some protection against it, and one of the most obvious steps is to convert your fiat money that is losing value every single day into something that keeps it, you could buy gold or silver and in the case things get even worse not only you could protect your wealth but you could even obtain profits once people realize that things are getting out of control and decide to buy gold and silver as well, but obviously in order to do that you need to have savings, and saving is difficult to do when inflation is going up so rapidly.

Is it only gold can help us protected from inflation? No?

I cannot imagine if gold price and any other safe haven assets going down as well as the basic needs .. basic necessities ... what else can save us?
Even if we save a lot and having an average life to reduce the needs ... the world might really went mad with these situations , we are all helpless even those whales might loss bigger than us who living in a standard life , keeping thankful for being alive are the only last hope isn't it?

[Ahli38]

the government in my country has raised the price of fuel oil. the increase was quite a lot of about 20% more. With this, an increase in all sectors will soon occur. Such as the cost for public transportation is likely to follow an increase of up to 25-30%. that's what public transport drivers say. even more. because of course the market price of household needs will also experience the same increase. if last month I said the impact of inflation is not so pronounced. but it looks like this month the impact of inflation will start to be felt. Luckily I was in a village filled with abundant natural wealth. so that there are many alternative ways that I can do to reduce the impact of inflation that occurs. and reduce buying instant food and replace it with natural food ingredients that we always grow.
But with this, surely the farmers will prefer not to sell a lot of their products. and will prefer to use it for food reserves.

and this will increase the price of basic food items from the agricultural sector. because the supply in the market will decrease.

This scarcity will start to make an even more frenzied rise. and in the end can trigger riots and mass protests against the government. and chaos could escalate if the government could not cope with this inflation.

but that's the worst case scenario. and I hope that doesn't happen. and the government can quickly overcome and find solutions. because so far I see people are very smart in my country. even society does not burden the government.

even when the price of animal feed has increased. the farmers here are looking for alternative solutions independently without government assistance. by making their own feed with the same quality as the manufacturer's feed. so that the manufacturer's feed began to become unsold.

because many breeders no longer rely on factory feed, which is increasingly expensive.

and the farmers are very smart here too. because when the government raises the price of factory fertilizers. so farmers make alternative fertilizers from fermented natural ingredients. and working with farmers to make natural fertilizer from livestock urine and livestock manure. so that natural quality fertilizers are created and do not damage the environment. and the breeders also take the leftover vegetables from the farmers and process them into feed using a fermentation technique.

I know this. because I am one of the people who do that. because before I was a farmer. and my friend is a farmer. and we work together to make alternative fertilizers and feeds that are cheap and environmentally friendly. Ah sorry, I thought my discussion was a little out of the way of discussing inflation.

[Stella Mese]

I'm experiencing the effects of inflation regularly through the fuel price. When the fuel price increase is there, automatically each and everything will get tied. Electricity in my region have increased drastically, which means beyond certain units of consumption the amount gets doubled. For this reason right now electricity is being used in a calculated manner.

Years ago with what I earn I was able to manage all my needs and make a savings. Now the savings is no more.

yes, in my country it is also almost the same, now fuel is rising again and now food and drinks and others are starting to rise, and now the cost of living is getting more expensive and I hope that this inflation will end quickly and be replaced with prosperity.

[wd1]

I'm experiencing the effects of inflation regularly through the fuel price. When the fuel price increase is there, automatically each and everything will get tied. Electricity in my region have increased drastically, which means beyond certain units of consumption the amount gets doubled. For this reason right now electricity is being used in a calculated manner.

Years ago with what I earn I was able to manage all my needs and make a savings. Now the savings is no more.

yes, in my country it is also almost the same, now fuel is rising again and now food and drinks and others are starting to rise, and now the cost of living is getting more expensive and I hope that this inflation will end quickly and be replaced with prosperity and prosperity.

Same here, also same with vegetables and meat.

[Poker Player]

In my case I have hardly noticed it because I had a considerable boost in income since late last year. So, I see that prices have gone up and continue to go up but my purchasing power increased over the price increase.

If it continues to rise I suppose I will start to notice it, but at some point inflation will moderate, for the simple fact that if people have less disposable income, they spend less and since there is less demand, prices have to go down or at least not go up.

I rule out a hyperinflationary scenario. I don't trust politicians very much but they are not going to be as dumb as in Venezuela.

[Uruhara]

inflation is very pronounced in my area. but fortunately my purchasing power is still able to compensate. the price of food in restaurants and cafes is even more expensive now. so I eat at home more often now. but everyone's purchasing power is different. so maybe many around me have difficulty managing finances. because I heard the salary here is not going up. but the prices of goods and food have increased substantially. so you need to reconsider your finances. and revise financial planning.

[hyudien]

If you were in this position, what would you do? Are you sure the savings you have so far can minimize your financial problems from rising inflation?

You are right, and now what I feel may be the cost of living which is considered mediocre to meet daily basic needs, and the increase in fuel prices and other foodstuffs continues to show price increases. The government is overwhelmed and does not solve the problems at hand. They may still be able to escape state-borne taxes because they are part of the guarantee. But we who have to divide the monthly income is very worrying. Every month paying rent, and electricity and meeting my needs for 1 month almost cost me $500 with a salary of only $300-$400 per month. - $100 and even then have to look for other income alternatives such as trading that does not determine income.

[AjithBtc]

Food prices have now become uncontrolled inevitably so now is the best time to go on a diet lol. However, though rich people have also been affected by this, but my worries are those for poorest people as they will surely struggle to find penny to buy foods just to survive. Particularly for jobless people, I just hope this inflation will motivate them to find means for living even just for survival alone.

When the oil price increases, we can experience the increase of price on each and everything. Slowly there is recovery in some part of the world. In my country even now people are allowed to work from home. This makes them overcome the inflation causing rise in the price of each and everything. In specific as they work from home the transportation cost is a saving and so people have an excess amount that can be used on the increase in price of necessities. When everything start to work as before, people will suffer more.

[Fara Chan]

We cannot depend on government policies for everything. People are power they are the biggest government support

Crypto has no dependence on government policies, even though they are try to regulate some policies, but it looks that freedom to determinial financial is the basic concept of the formation of crypto which is growing.

But of course everyone has faced the impact of inflation. There is not a single soul in the world who have not been affected by inflation.

The impact of inflation will affect crypto's journey, even though it is not too large the effects, and if it is said that everything has an inflation impact, maybe some can say yes, but in the case of bitcoin it like very little.

the best souloutin is to find financial freedom rather than cursing others.

Cursing other people is not a friend's solution, we don't speak in this context, but we will find financial freedom in bitcoin specification, if you can see the potential and opportunities.
While the risk cannot be separated from the scope of investation.
Stay Calm and Don't Panic !!!

[beej]

Everything is pricey these days, the war and the pandemic
definitely dealt an ongoing blow worldwide. The effects felt
may differ but altogether it is getting bad. Gas, food, medicine,
electricity and water prices are way up than they are used to.
In my country, a lot are struggling to even meet ones daily needs.
I think when the war and pandemic is over, we might start to
recover in some ways or another. Then we will have to deal with
global warming, since it too has alarming effects on everything
and everyone everywhere.

[Mario Yamasaki]

I have felt inflation since Pandemi or almost 3 years ago, I lost my job, basic needs such as food continue to rise without control, and this is what makes a serious problem for my economy and finance, especially the state eliminates some important subsidies such as health so that the impact of inflation is very pronounced To me.