Why is Inflation Happening All Over the World At Once?

[Silberman]

Almost all countries around the world are facing inflation problems. It just depends on the skill of a leader as to how he will find a way to control the price in the market from basic commodities and others.

      Every country cannot avoid it either. that is why the rate of each country's currency is different because of the inflation they face.
So if the leader of a country is careless, for sure the value of their currency will fall.

There are so many factors why inflation occurs, so it's not just the fault of the leaders who are careless or the negligence of the leaders, everything that is happening like what we are feeling today is because of the covid pandemic, all governments allocate state budgets for development and others pile on solving one problem namely covid and apparently most governments couldn't solve it with the amount of money they had at the time so they were forced to print more money to deal with it. the circulation of goods became scarce because production activities were not running which prevented money from circulating as it should be in the normal cycle but only focusing on a few needs, this also pushed up inflation.
Today there are still many governments suppressing inflation in their respective countries, including the US, which is said to be in a position to fight their very high inflation.

Governments are trying to mix the definitions so people do not blame them for what is obviously their fault, when the price of a set of products goes up there could be many reasons why this is the case, like scarcity of the product, delays on the production or the delivery, a sudden increase on the demand and so on, but those effects are temporary, inflation is an increase on the money supply and its effects are permanent as governments never make an effort to decrease the money supply once they have increase it.

[Dalib]

Almost all countries around the world are facing inflation problems. It just depends on the skill of a leader as to how he will find a way to control the price in the market from basic commodities and others.

      Every country cannot avoid it either. that is why the rate of each country's currency is different because of the inflation they face.
So if the leader of a country is careless, for sure the value of their currency will fall.

There are so many factors why inflation occurs, so it's not just the fault of the leaders who are careless or the negligence of the leaders, everything that is happening like what we are feeling today is because of the covid pandemic, all governments allocate state budgets for development and others pile on solving one problem namely covid and apparently most governments couldn't solve it with the amount of money they had at the time so they were forced to print more money to deal with it. the circulation of goods became scarce because production activities were not running which prevented money from circulating as it should be in the normal cycle but only focusing on a few needs, this also pushed up inflation.
Today there are still many governments suppressing inflation in their respective countries, including the US, which is said to be in a position to fight their very high inflation.

Governments are trying to mix the definitions so people do not blame them for what is obviously their fault, when the price of a set of products goes up there could be many reasons why this is the case, like scarcity of the product, delays on the production or the delivery, a sudden increase on the demand and so on, but those effects are temporary, inflation is an increase on the money supply and its effects are permanent as governments never make an effort to decrease the money supply once they have increase it.

I completely agree with this statement. Inflation is often falsely attributed to temporary market conditions or external factors, when in reality it is caused by an increase in the money supply by governments or central banks. This is a form of financial manipulation that can have far-reaching consequences for everyday citizens and the economy as a whole.

When governments increase the money supply, it devalues the currency, which can lead to rising prices for goods and services. This erodes the purchasing power of people's savings and can hurt low-income individuals the most as they struggle to afford basic necessities.

Governments and central banks may use inflation as a tool to stimulate the economy or pay off debts, but it comes at a cost. It can lead to economic instability and even hyperinflation in extreme cases.

[dezoel]

Instead of 7-10%+ range, we are back to 4-7 range nowadays and I am sure that in another year by 2024 we are going to have a 2-4% range once again like the old days. Which means that high inflation already happened and that's over, we are getting better, the prices do not drop, it went up and stayed there, but now we have a chance to fix our income to match that.

At first when the high level of inflation happened, that was hard to handle because our income was small compared to that, but now that everything is getting back to normal, if you get like 10-15% salary increase whereas the inflation is 4% then you actually get more money, it was more like 10% salary increase but 15% inflation so you lost. I think in a few years we will all be doing a lot better thanks to this.

[dansus021]

as far that I know Inflation is always happening the rate somewhere around 1-2% per year.

But at the past year inflation is out of control or above government wants and why is happening all over the wold at once I think because the domino effect

- Covid 19 I think the first problem of high inflation, the first 21st century pandemic.
- War russia and ukraine russia like it or not is biggest supplier of oil and gas while the ukraine is one of the biggest exporter of wheat
- and government decision itself against the inflation

and so many things wold is still at recovery phase but the problem keep coming hahaha

[Kadal Ijo]

Inflation is a common thing in almost all countries, in my opinion this is because countries use paper money that is worthless, it's different if there are countries that use gold and silver so the value of money will continue to follow commodity prices and will never drop like what happened to paper money.

[Pierre 2]

I think main thing that triggered this inflation waves was obviously covidonomics. Nearly all governments of the world printed money out of thin air to pay wages for working people that didn't work. Obvious. But also, there is huge supply crisis going on right now. Even with containers. Global trade isn't as cheap as before. Production costs were increased. Chip crisis is bonus over top of it. I think only thing to do is to pull money from markets. Some countries raise interests do it but that can cause another issues. Hard to tell for me.

[19Nov16]

I think the factor that affects inflation can occur simultaneously throughout the world is due to the increasing dependence of a country on other countries, for example oil dependence on other countries will of course have a big impact on the economy, when oil-producing countries raise oil prices, it is certain that inflation will occur in many countries. country even global impact.

[naira]

I think the factor that affects inflation can occur simultaneously throughout the world is due to the increasing dependence of a country on other countries, for example oil dependence on other countries will of course have a big impact on the economy, when oil-producing countries raise oil prices, it is certain that inflation will occur in many countries. country even global impact.

Let's take a look at the current impact of inflation which has pushed countries to migrate from dollars to yuan. Didn't the Brics become the pioneers to fix inflation. When the United States experienced inflation, all were affected. Even more so after the pandemic required a country to make full repairs to the country's economy in order to stabilize income again. Dedollarization is still related, which means that foreign countries' trust is no longer concerned with US policy.

[usekevin]

Inflation is the common factor in the economy,because it cause at two different reason.If the demand increase above the product supply,it leads to the inflation.So the market create the inflation and make the producers to produce as per the demand was increased.When the product demand was increased,the government itself give the wavier to the manufacturers.So the final product was produced and the supply meet the demand of the economy.The inflation was solved and economy condition became a normal.If the product supply cross the demand ,it also cause the inflation to the economy.It will be solved by increase the money supply to economy.

[thecodebear]

Pandemic + supply problems + very high employment.


Lots of money was printed during the pandemic. Once everything started back up and people started spending money again that naturally leads to higher prices.

Supply problems occurred after the pandemic. There were shipping blockages and also demand slowed down so shipping slowed down then when economy started up again shipping amounts couldn't handle supply. More demand and less supply leads to higher prices. Same thing happened with gas, plus Trump negotiated with middle east oil industry to ship less oil for a couple years so when things started up gas shot up. And then the Russia-Ukraine war happened, affecting gas prices even more. And of course with higher gas prices the cost of shipping goes up even more so prices of everything went even higher.

I don't know about other nations but the US has very high employment past 1-2 years since the pandemic started going away. Because employment is so high that means when companies want to hire they need to pay out more. Wages go up, more spending, higher prices on everything.


All these things built on top of one another to create high and persistent inflation.

[Freddie Boyer]

Inflation is a common thing in almost all countries, in my opinion this is because countries use paper money that is worthless, it's different if there are countries that use gold and silver so the value of money will continue to follow commodity prices and will never drop like what happened to paper money.

For now inflation is a common phenomenon in various countries, right as OP said one of the main reasons is the increase in demand for goods and services, coupled with the shortage of supply and overprinting of money by the government.

In addition, if you look at inflation, it can also occur due to external factors, such as changes in international commodity prices or exchange rates. For example, if a country is heavily dependent on imports and the value of its currency decreases, it can cause prices to rise, leading to inflation. In addition, political instability or natural disasters can disrupt supply chains and increase the price of goods and services, which contributes to inflation.

While gold and silver can provide a stable store of value, they are not without their own drawbacks and limitations as currencies because they are not the most practical or efficient currency for a modern economy.

[Freddie Boyer]

I think the main reason is that most nations followed the U.S. in creating huge amounts of their currencies during the pandemic.

It is felt when the central bank takes other actions to fight inflation through measures such as raising interest rates and reducing the money supply what has happened. This policy has caused an increase in the money supply causing inflation to occur. Good intentions indeed but it takes time to fully manifest in changing economic conditions to stimulate their economy during a pandemic.

[axxo]

Inflation is happening all over the world at once is because of the global supply chain shortage during the pandemic, which have led to shortages of goods and services and increased in production costs. Most of the countries are experiencing this kind of inflation, a lot of people are affected due to high cost of foods, recession that leads to unemployment. Thus many people are having a hard time dealing with the inflation, because their budget for their daily needs will be tighter. The people who had been laid off need to find another job to be able to survive.

[Wong Gendheng]

We must understand that this global economy is like a blockchain chain so that if there is a chain that is disturbed or broken it will have an impact on others, this is certainly natural because the world has good cooperation, and of course other factors are debt and inflation that occurs, if there is Countries that fail to pay debts, this will make difficulties and eventually also have an impact on other countries.

[gaston castano]

I think because all countries are interconnected, for example a country establishes cooperation with other countries, then the country experiences problems, of course the countries that work with them also experience problems or are affected by these countries because they have worked together both in the export of goods and other things. other.

[BobK71]

In economics it is said that if the money supply of a country increases then inflation occurs in that country. There may also be other reasons such as wars and natural disasters. In the current context, the effects of war are almost everywhere. As a result of the war in Russia and Ukraine, the production of goods or agricultural production greatly disrupted. As a result, the demand is high and the productions are comparatively less by this reason major impact fallen in around the world.

[Silberman]

I think because all countries are interconnected, for example a country establishes cooperation with other countries, then the country experiences problems, of course the countries that work with them also experience problems or are affected by these countries because they have worked together both in the export of goods and other things. other.

As we know the US dollar is the main reserve currency around the world, and we know as well that they printed a massive amount of money during the pandemic, this forced foreign governments into a very difficult position if they did not printed more money like the US did then the US will be able to export more products as the US dollar will become weaker, while the opposite will happen to them, however if they printed more of their own currency then they will suffer from high inflation, and due to the effects that we are suffering it is easy to see which one of the options they selected.

[doomloop]

Inflation is happening all over the world at once is because of the global supply chain shortage during the pandemic, which have led to shortages of goods and services and increased in production costs. Most of the countries are experiencing this kind of inflation, a lot of people are affected due to high cost of foods, recession that leads to unemployment. Thus many people are having a hard time dealing with the inflation, because their budget for their daily needs will be tighter. The people who had been laid off need to find another job to be able to survive.

The biggest problem a country faces when the economy plummets is unemployment which causes further issues among the masses since there is already high inflation, on top of that, people find it difficult to find or stay at their jobs since companies start laying off their staff to cut down expenses and survive in difficult times.

Those who get laid off find it too difficult to get work and earn a livelihood for their families. Such times are too difficult for the citizens, countries with sensible and good governments do everything possible to tackle such issues while in some countries, the government doesn't even care for the lower classes.

[gunhell16]

This inflation has been a headache for a long time in all countries around the world, to be honest. Since it cannot be removed from every country, this is where the ability of a leader in each country can be measured as to how he will solve it without affecting the economy of the country.

And as far as I can see, the leaders of each country are doing it in my opinion. Because if not, the number one thing that will affect the goods of the people they are in is the number one thing.

[trendcoin]

There are many factors that increase global inflation, but I think the most important was the energy crisis. We have experienced a global energy crisis. Energy prices have reached new highs and continue to do so. In this case, we all had to grapple with a common problem, but countries dependent on foreign energy have to grapple with bigger problems. Also, we have all faced problems in the balance of supply and demand. So, because we have common problems, we faced a common problem. In order to solve these problems, we need a common mind that can provide an environment of peace and trust.