Currencies are Collapsing Everywhere.

[Ani1985]

Of course the paper money system is a lot of weaknesses, no matter how strong control from the country will not be able to control inflation or decline Hal, but after 13 years now the goods I bought rose more than 400%.

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[Kakmakr]

Inflation are the "Currency killer" in the current global market... and governments can do whatever they want to manipulate it, it just comes back and eat the value of the currencies. You can only rise or lower interest rates and print "toilet paper" money for so long, before everything comes apart.

Our global economy are being bombarded from all sides, with Covid and Monkey viruses and also the Russia/Ukrainian conflict... and it's drawing blood from the Milk cow at an incredible rate. (Sooner or later the cow will die)

[TribalBob]

Economic downfall is we are seeing right now and because of Inflation countries are struggling hard to survive this year economic crisis. This is just the beginning of this suffering we are experiencing right now and all year long we can see more and this is where bitcoin will come in wherein it has a great solution towards inflation problems that the government manipulate with as they are doing right now printing unlimited cash to fight the inflations.

Inflation can continue if  Fed raises interest rates again, the world will be threatened with starvation, small countries collapse because they have to survive,
Here I hope the government can provide the best solution in addressing the impact of this inflation, maybe like ur say

[wxa7115]

Inflation are the "Currency killer" in the current global market... and governments can do whatever they want to manipulate it, it just comes back and eat the value of the currencies. You can only rise or lower interest rates and print "toilet paper" money for so long, before everything comes apart.

Our global economy are being bombarded from all sides, with Covid and Monkey viruses and also the Russia/Ukrainian conflict... and it's drawing blood from the Milk cow at an incredible rate. (Sooner or later the cow will die)

True, however governments always believe they have mastered the ability to print as much money as they want with no consequences for themselves and the currencies they print.

It is only when they begin to see the effects of inflation when they realize that maybe they are not as smart as they thought they were, but by the time they do this they are already on a path from which there is no escape and in which they will have to keep printing more and more money just to keep themselves afloat, until one day it is too much for the system to bear and we see a collapse of fiat currencies all over the world.

[Despairo]

Alright, everyone know fiat will collapse due to high inflation, but does everyone stop using fiat money? nope. Actually you don't have any choice and the government will force everyone to use fiat since every marketplace and stores accept fiat, not Bitcoin. Only few countries that make Bitcoin as a legal tender is accepting Bitcoin as a currency.

Don't over hate against fiat money if you're still use it, if you can prove everyone you can life without fiat especially where Bitcoin is got banned on that's country, you can prove it here.

[pooya87]

Inflation is a good thing normally, in a small amount because that means you are growing as a nation and you should be growing.

Wrong. Inflation is actually showing that there is something wrong with the economy since they have been printing more fiat than they should. Otherwise value of fiat wouldn't have dropped in first place causing that inflation.

Alright, everyone know fiat will collapse due to high inflation, but does everyone stop using fiat money? nope.

To be fair the problem is not with fiat or its centralization or the fact that governments force you to use it. The problem is with them printing more of it every day. Even more so in times of crisis when the governments go on a printing spree like during COVID19 or even these days during energy crisis in the West.

[Smack That Ace]

Alright, everyone know fiat will collapse due to high inflation, but does everyone stop using fiat money? nope. Actually you don't have any choice and the government will force everyone to use fiat since every marketplace and stores accept fiat, not Bitcoin. Only few countries that make Bitcoin as a legal tender is accepting Bitcoin as a currency.

Don't over hate against fiat money if you're still use it, if you can prove everyone you can life without fiat especially where Bitcoin is got banned on that's country, you can prove it here.

That's exactly what I was thinking, I know that we are all here for bitcoin and have to admit that bitcoin currently has a lot of advantages over fiat but we do not denigrate and smear fiat while we still use it every day. You have the right to hate fiat, despise it, if you never need fiat and if you can't do it, please don't completely hate it. If fiat is bad, and can't help us against inflation then let's limit its use and find yourself a better solution, for example here we have bitcoin, both are necessary for us so let's use both.

[EarnOnVictor]

What the world is experiencing now has happened many times in the past, only that technology and awareness were not this much to know that they are general. The safe-haven USD is the only currency enjoying the show now, not even the Japanese Yen and Swiss franc, Gold etc. which were supposed to enjoy the same benefits.

Above all, inflation is to be mainly blamed for this, nothing else is so significant, the effect is much and was aggravated by the Russian-Ukraine war that started in February 2022. I believe it is nearing its end, next year would probably conclude that.

[Smitty Werben Man Jensen]

Economic downfall is we are seeing right now and because of Inflation countries are struggling hard to survive this year economic crisis. This is just the beginning of this suffering we are experiencing right now and all year long we can see more and this is where bitcoin will come in wherein it has a great solution towards inflation problems that the government manipulate with as they are doing right now printing unlimited cash to fight the inflations.

Inflation can continue if  Fed raises interest rates again, the world will be threatened with starvation, small countries collapse because they have to survive,
Here I hope the government can provide the best solution in addressing the impact of this inflation, maybe like ur say

Just imagine if inflation continues and is prolonged then it is really difficult,
hunger is everywhere and commodity prices are rising,
the government needs to move quickly before that happens and I understand it's not an easy job to deal with the impact of inflation

[Crypto Legend]

Inflation is something that will be difficult to avoid because most countries use numbers written on paper, there is no guarantor so that the country is free to print money as they count, of course this will be a problem because its value will continue to decrease.

[arwin100]

Many investors look at USD as their safe heaven when there's crisis happening in the world so most provably majority of them bought USD to avoid any problem towards their local currencies. That's why maybe we see almost all of the currencies in the world are collapsing, but for sure this is temporary only and once Ukraine and Russian tension will be over we can provably see the economy or inflation will go back or close to its natural level.

[ShowOff]

$1 = IDR15,354.30 at the current exchange rate. I don't know what the government will do about this problem as IDR continues to lose its value against USD. Obviously inflation has caused problems, the value of the currency is too small against the goods in the market that I can really imagine conditions like this have been very bad.

I have to pay IDR13,900 for 1 liter of Pertamax or any type that has a value of 92 RON "Research Octane Number", and this has really disturbed people's financial problems. There are many other things that have increased in value, I don't know when this ends.

[AmoreJaz]

Economic downfall is we are seeing right now and because of Inflation countries are struggling hard to survive this year economic crisis. This is just the beginning of this suffering we are experiencing right now and all year long we can see more and this is where bitcoin will come in wherein it has a great solution towards inflation problems that the government manipulate with as they are doing right now printing unlimited cash to fight the inflations.

Inflation can continue if  Fed raises interest rates again, the world will be threatened with starvation, small countries collapse because they have to survive,
Here I hope the government can provide the best solution in addressing the impact of this inflation, maybe like ur say

Just imagine if inflation continues and is prolonged then it is really difficult,
hunger is everywhere and commodity prices are rising,
the government needs to move quickly before that happens and I understand it's not an easy job to deal with the impact of inflation

and for people to survive, they don't need to wait for the government's actions. as early as they feel they need to secure themselves, they should. there are so many ways how to save or keep afloat during this type of crisis. first, you need to monitor your expenses and see where you can cut down your spending. discard unnecessary gadgets by selling them, prepare your own food, are just few things you can do to help yourself.

[Furious 7]

and for people to survive, they don't need to wait for the government's actions. as early as they feel they need to secure themselves, they should. there are so many ways how to save or keep afloat during this type of crisis. first, you need to monitor your expenses and see where you can cut down your spending. discard unnecessary gadgets by selling them, prepare your own food, are just few things you can do to help yourself.

Things like this do not need to wait for the government and we also cannot hope that even if the government guarantees the welfare of its citizens it is necessary, but when facing a situation like this we also cannot depend on others.
We have a mind that can be used to do something from now on even though the current financial condition and inflation are threatening, but we can't stay silent while waiting for help because it's better if there is help that comes what in the worst case there is no help.
One's self is the key to sustaining life and there is no need to wait for the help of others to stay alive.

[FanEagle]

The issue is that while this is the ideal that central banks strive for, it never happens, if we had a very long period in which the inflation was that low then you may have a point, but roughly each decade there is an economic crisis and the levels of inflation become higher than that, and it is fair to question us how long will high inflation last this time around? As even a few years of double digit inflation can be more than enough for a lot of people to lose a great deal of their wealth as their money is not invested in a store of value, and that is assuming inflation comes under control relatively soon which is a scenario which does not seem that likely right now.

That is exactly the problem and I agree. I mean inflation was under control for a few years, then this happens again and these man made troubles should be fixed for sure in order to create a more fair world.

If we have inflation at 2% or close every year forever without ever going above (or just a few times at 5% max and never more) then we could definitely handle it, the ones where we have a crisis like 2008 or now were all made by people who gave bad decisions on how to fix things and that’s why it was going so bad. If we keep having these crashes once a decade, you can have any inflation you want in the middle, because it wipes out all the good that has been done in between.

[Wawa2013]

and for people to survive, they don't need to wait for the government's actions. as early as they feel they need to secure themselves, they should. there are so many ways how to save or keep afloat during this type of crisis. first, you need to monitor your expenses and see where you can cut down your spending. discard unnecessary gadgets by selling them, prepare your own food, are just few things you can do to help yourself.

Things like this do not need to wait for the government and we also cannot hope that even if the government guarantees the welfare of its citizens it is necessary, but when facing a situation like this we also cannot depend on others.
We have a mind that can be used to do something from now on even though the current financial condition and inflation are threatening, but we can't stay silent while waiting for help because it's better if there is help that comes what in the worst case there is no help.
One's self is the key to sustaining life and there is no need to wait for the help of others to stay alive.

With the current deteriorating economic situation and happening all over the world, it means that very many people are experiencing
financial difficulties. It is the duty of the government to help its citizens who are experiencing difficulties. The problem is that assistance
from the government often comes too late, or even the aid provided by the government is too low to meet the needs of our lives. That's why
we should  never expect too much from the assistance provided by the government, we must try to be independent and struggle to maintain
our lives.

Because I have always believed that everyone who has a strong desire to succeed, and act optimally with the capacity it has will have a positive
impact on his life. Therefore, never be lazy to try to find income, to at least meet daily needs. In my opinion, people who fail are people who are
lazy to move and rely too much on the help of others. Therefore, if we want to be a successful person, always believe in your own ability to earn
a decent income. We must remember the hard work we do in this life will give positive results.

[ultrloa]

and for people to survive, they don't need to wait for the government's actions. as early as they feel they need to secure themselves, they should. there are so many ways how to save or keep afloat during this type of crisis. first, you need to monitor your expenses and see where you can cut down your spending. discard unnecessary gadgets by selling them, prepare your own food, are just few things you can do to help yourself.

Things like this do not need to wait for the government and we also cannot hope that even if the government guarantees the welfare of its citizens it is necessary, but when facing a situation like this we also cannot depend on others.
We have a mind that can be used to do something from now on even though the current financial condition and inflation are threatening, but we can't stay silent while waiting for help because it's better if there is help that comes what in the worst case there is no help.
One's self is the key to sustaining life and there is no need to wait for the help of others to stay alive.

Only lazy people will rely on governments help and if many people will follow what others did like asking some help then for those to come maybe they suffer from hunger since government action takes time since for sure this will have a delay due to more people seek for help. That's why we need to take action towards this and use our strength to find opportunity to earn money so that we don't need to wait for any help since we can sustain ourselves to buy the things we need.

[carlisle1]

Economic downfall is we are seeing right now and because of Inflation countries are struggling hard to survive this year economic crisis. This is just the beginning of this suffering we are experiencing right now and all year long we can see more and this is where bitcoin will come in wherein it has a great solution towards inflation problems that the government manipulate with as they are doing right now printing unlimited cash to fight the inflations.

Inflation can continue if  Fed raises interest rates again, the world will be threatened with starvation, small countries collapse because they have to survive,
Here I hope the government can provide the best solution in addressing the impact of this inflation, maybe like ur say

Just imagine if inflation continues and is prolonged then it is really difficult,
hunger is everywhere and commodity prices are rising,
the government needs to move quickly before that happens and I understand it's not an easy job to deal with the impact of inflation

and for people to survive, they don't need to wait for the government's actions. as early as they feel they need to secure themselves, they should. there are so many ways how to save or keep afloat during this type of crisis. first, you need to monitor your expenses and see where you can cut down your spending. discard unnecessary gadgets by selling them, prepare your own food, are just few things you can do to help yourself.

Monitoring your expenses will be able to save you or extend your time, saving your money for more important matter will help you to survive
during the inflation, as time move, and the weak economy continue it will be felt all over the world.

You need to help yourself and not to lean much with other people more so with the government, there are more people who also need
assistance and if you will rely on it you'll be suffering more.

[Silberman]

Economic downfall is we are seeing right now and because of Inflation countries are struggling hard to survive this year economic crisis. This is just the beginning of this suffering we are experiencing right now and all year long we can see more and this is where bitcoin will come in wherein it has a great solution towards inflation problems that the government manipulate with as they are doing right now printing unlimited cash to fight the inflations.

Inflation can continue if  Fed raises interest rates again, the world will be threatened with starvation, small countries collapse because they have to survive,
Here I hope the government can provide the best solution in addressing the impact of this inflation, maybe like ur say

Just imagine if inflation continues and is prolonged then it is really difficult,
hunger is everywhere and commodity prices are rising,
the government needs to move quickly before that happens and I understand it's not an easy job to deal with the impact of inflation

and for people to survive, they don't need to wait for the government's actions. as early as they feel they need to secure themselves, they should. there are so many ways how to save or keep afloat during this type of crisis. first, you need to monitor your expenses and see where you can cut down your spending. discard unnecessary gadgets by selling them, prepare your own food, are just few things you can do to help yourself.

Monitoring your expenses will be able to save you or extend your time, saving your money for more important matter will help you to survive
during the inflation, as time move, and the weak economy continue it will be felt all over the world.

You need to help yourself and not to lean much with other people more so with the government, there are more people who also need
assistance and if you will rely on it you'll be suffering more.

Saving fiat is a bad choice right now, inflation is destroying our purchasing power, so if you keep saving fiat and then you want to buy something that you need months down the line it is very possible it is way more expensive than its current price, so if you know you will need something in the future and you have the cash to buy it now there is a case to be made that it makes more sense to buy it now than to buy it later, however you are right when you say that we need to monitor our expenses and stop spending on stuff we do not need, but whatever money we can save needs to be invested in bitcoin or another store of value.

[Furious 7]

Things like this do not need to wait for the government and we also cannot hope that even if the government guarantees the welfare of its citizens it is necessary, but when facing a situation like this we also cannot depend on others.
We have a mind that can be used to do something from now on even though the current financial condition and inflation are threatening, but we can't stay silent while waiting for help because it's better if there is help that comes what in the worst case there is no help.
One's self is the key to sustaining life and there is no need to wait for the help of others to stay alive.

With the current deteriorating economic situation and happening all over the world, it means that very many people are experiencing
financial difficulties. It is the duty of the government to help its citizens who are experiencing difficulties. The problem is that assistance
from the government often comes too late, or even the aid provided by the government is too low to meet the needs of our lives. That's why
we should  never expect too much from the assistance provided by the government, we must try to be independent and struggle to maintain
our lives.

Because I have always believed that everyone who has a strong desire to succeed, and act optimally with the capacity it has will have a positive
impact on his life. Therefore, never be lazy to try to find income, to at least meet daily needs. In my opinion, people who fail are people who are
lazy to move and rely too much on the help of others. Therefore, if we want to be a successful person, always believe in your own ability to earn
a decent income. We must remember the hard work we do in this life will give positive results.

Help is always there but we must also be aware that we cannot live only by relying on aid, not to mention that there are so many corrupt "persons" who have power so that sometimes this assistance will not arrive or may not be right on target.

We can't wait to get life because while we can then do to support our life as long as it doesn't violate the law then this is much better.