I don't think the prices of things will get better.

[letteredhub]

In every part of the world things are going worst by the day in terms of prices of commodities and services. Whereas people keep hoping that things will some day gradually start to get better and we will all go back to days when things were less expensive and moderate.   Am not of that school of thought that puts hopes in such ideology that things will eventually get back even close to how it were in times past looking at how the society is degenerating by the day.

Best I believe on is to work out different ways of income's through different means or streams which is the only way to meet up with the concurrent rise in prices of commodities and services stead of waging hope on the mirage of better days ahead. As you makes some profits from Bitcoin trades you make, also endeavor to extend hands into other forms of business in addition to your regular pay job as it's the most rational thing to do.

I don't know if am being realistic here or pessimistic about issues.
What's your thoughts?

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[Crypt0Gore]

Nothing stays the same forever, I don't know which country you are from but things are quite expensive here too, if people are hoping that things can go back to the way they used to well that depends on where they are from, some countries sucks more than the others but it's good to hope.

I as a person don't like one source of income, my father used to say that having one thing is like not having at all, if you are making money from a source it could get blocked one day and if you have two source of income you still have something left that can make you money.

Some people prefer starting a business first before investing money but we can't all do the same thing, humans aren't wired this way, I started investing money before having a business and that journey was not easy at all.

[Dunamisx]

people keep hoping that things will some day gradually start to get better and we will all go back to days when things were less expensive and moderate.   Am not of that school of thought that puts hopes in such ideology that things will eventually get back even close to how it were in times past looking at how the society is degenerating by the day.

Shouldn't this be the right thing to do, why must the price never comes down if it can rise up, inflation has been on a one sided mode which has been one of the reasons why the entire economy is being affected negatively, literally price should come down whene it rises up, this could make a balance to the market supply and demand than been favourable to one side.

Best I believe on is to work out different ways of income's through different means or streams which is the only way to meet up with the concurrent rise in prices of commodities and services stead of waging hope on the mirage of better days ahead.

If things keep getting this way then let me tell you that even if you have two to three jobs at hand bringing you money, it will get to an extent they won't be enough in paying up for your bills anyone because things would have got inflated beyond the level you could also cope with base on your income flow by then, let's always considers the future whenever we are making plans and not only the present.

[BlackHatCoiner]

I don't see a temporary relaxation in prices either. Life just becomes more expensive, and we ought to get used to it.

Am not of that school of thought that puts hopes in such ideology that things will eventually get back even close to how it were in times past looking at how the society is degenerating by the day.

Don't take it to the extremes. We'll live prosperously at some point (maybe not this year, but we will). And then again after a few years another crisis will emerge. It's just economic cycles, and failure is part of it.

[cryptosize]

It's going to get a lot worse thanks to the green new deal (climate mitigation measures/green transition):

https://www.zerohedge.com/energy/one-bank-reveals-dismal-truth-about-150-trillion-crusade-against-climate-change
https://community.oilprice.com/topic/24623-here-is-the-hidden-150-trillion-agenda-behind-the-crusade-against-climate-change-zero-hedge-re-bank-of-america-report/

They're going to print another 150 trillion $ out of thin air, while the current global GDP is barely 100 trillion $.



Brace yourselves!

The average joe doesn't even know what's gonna happen to his purchasing power in the second half of this decade.

[letteredhub]

people keep hoping that things will some day gradually start to get better and we will all go back to days when things were less expensive and moderate.   Am not of that school of thought that puts hopes in such ideology that things will eventually get back even close to how it were in times past looking at how the society is degenerating by the day.

Shouldn't this be the right thing to do, why must the price never comes down if it can rise up, inflation has been on a one sided mode which has been one of the reasons why the entire economy is being affected negatively, literally price should come down whene it rises up, this could make a balance to the market supply and demand than been favourable to one side.

Ordinarily that's what ought to be that case where price rises  and then falls back within some duration but in the society today the movers and controllers of the economy are greatly benefitting from this infallible rising of prices of things and enjoyably they don't want it to drop low again so they do everything possible to cause more reasons why things should just remain the way it is currently. All of this mostly affects the common man

[DeathAngel]

Inflation may lessen in coming years but the price of goods will never return to what they were, for example 10 years ago. I don’t see how the fiat monetary policy is sustainable over say, 200 more years. Wages don’t keep pace with inflation so it’s inevitable that eventually fiat will collapse like a house of cards.

Just by knowing & being aware of the above gives you an advantage. Bitcoin beats inflation, it is by its design, a deflationary asset. Plan & prepare accordingly for what is coming.

Buy BTC.

[Jet Cash]

The cost of quality food has gone down substantially for me. People seem to have stopped buying quality, and are buying cheaper stuff. As a result more good stuff is being remaindered, and I find much of it offered with reductions of 80% or more.

[DeathAngel]

I bought some salmon today & it was £8.50 which seems ridiculous. In my opinion the price of everything has soared. I admit, I don’t use low budget supermarkets but everything seems to be drastically more expensive than it was prior to COVID.

I guess we all just have to wide the wave & hope that in a couple of years inflation is back to 2% annually.
Diesel (gas fuel) prices are going down a little but are still significantly higher than a couple of years ago.
Energy bills (home heating & electric) are like 3 x higher than pre pandemic too.

[mich]

The price of nearly everything has gone high, and some have skyrocketed just based on this endless crisis in supply and demand. Every time I go to the supermarket, I have been dreading how much more I will pay then the last time.
But there’s no way I will starve, nor not have food in the fridge. The price of gas has risen due to climate change, or some blame it on the war Ukraine. I still need gas to drive to get from point a to z. I’m no economist, these are all changes worldwide, with all the causes and the effects are higher prices.
We just must remember, we must be on top spending, like maintaining a budget and staying within the boundaries you give yourself. This will help adjusting through inflation.

[Sayakaaja]

actually in this era it is rather difficult to reduce prices. too much hope that the price will drop will not help either. and yes, we can only have to find work that is balanced and can make more money.

[Apraun Seupot]

I think it's important to focus on what we can control and take action to improve our own financial situations. I mean, you're absolutely right that relying solely on the hope that things will magically get better is not a realistic approach.

Instead, diversifying our income streams and exploring different avenues for making money is a smart and practical way to adapt to the current economic landscape.

Whether it's investing in cryptocurrencies like Bitcoin or starting a side hustle, there are plenty of opportunities out there to increase our earning potential.