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Author Topic: The cost of living is trying to kill the living  (Read 1672 times)
Kara3 (OP)
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March 06, 2023, 08:36:28 PM
 #1

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
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March 07, 2023, 12:26:39 AM
 #2

In the Great Depression of 1929, nobody could afford the cost of things. So, what did people do? They got together and formed their own mini-governments called co-ops. Some of these co-ops are still around today.

What did a co-op do? Everybody in the co-op did what they could to make and supply something that other people needed. If they didn't have a profession, they simply became labor for those who did.

Some people supplied land they owned. Others built buildings on the land. Others tilled the ground. Professional farmers grew all kinds of crops. Everybody worked. They supported themselves.

Is it almost time to form some new co-ops? Co-ops can be made legally stronger these days, because they could be started as Private Membership associations. PMAs have been legally set in place as a sound structure, keeping standard government out.

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March 07, 2023, 03:24:47 PM
Last edit: March 07, 2023, 03:38:00 PM by Zlantann
 #3

 
~snip~

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.

~snip~

I don't disagree with everything your said about cooperative. It is one of the potent solutions to the current food and other essential commodities crisis most people are facing due to this global economic problems. But currently, human needs has become very complex and might not be handled by cooperative. Human need more than food and other basic needs to live a comfortable life. And most of these essential commodities are controlled by big companies that are not willing to lose their influence on they have on the people. Data and airtime for internet and phone communication might not be basic needs but they are so essential that some people might not be able to survive without them.

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March 07, 2023, 03:47:27 PM
 #4

the same condition actually happened in my country. and probably also occurs in the majority of all countries today. because inflation is currently happening globally. even Bank interest rates continue to be raised which means the inflation rate is still high.

But in a situation like now we can't just expect action from the government. we have to have our own solution. start from frugal living. cut unnecessary costs. etc.

we know this feels not easy. but we are forced to get used to and adapt to the situation and conditions that are happening. And as long as we still have jobs and income, we are still lucky. will be more worrying for those who do not have a job. because they must be living a life that is not easy nowadays. even in some countries the crime rate also seems to have increased. as a result of increasingly uncertain economic pressures.

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March 07, 2023, 04:42:07 PM
 #5

sorry to hear that, some countries may experience higher inflation rates due to factors such as political instability, economic policies, or natural disasters, while others may have lower inflation rates due to more stable economic conditions or effective government policies.
However, it's not uncommon for many people around the world to experience the same difficulties you described. Inflation can be a global issue that affects people's ability to afford basic necessities like food, housing, and healthcare.
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March 07, 2023, 04:48:47 PM
 #6

In my country there is also inflation, but the level is not too high so that it still allows people to survive and again the government in my country is quite focused on reducing the inflation rate.
I noticed your story seems more difficult than what I could imagine, maybe there are many parties related to the increase in inflation in your country, such as money laundering, excessive printing of money by the government and the lack of supply of commodity needs which causes scarcity and or hoarding of goods to increase market demand that aims to make more profit than sales, you need to pay attention to things like that and discuss with elements of society to find a way out in your current position.
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March 07, 2023, 05:09:27 PM
 #7

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).
The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.

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March 07, 2023, 06:09:20 PM
 #8

You could blame it on inadequate production of goods/services to meet demand, and fiat currencies printed out of thin air mainly for consumption. If a particular product is in high demand and getting scarce, the price would naturally go up. So it's better to produce more of the products to meet demand than consuming them more probably by people who aren't very productive yet are getting alot of money they don't deserve. The problem with fiat currency is that they are easy to produce and not necessarily by hardwork...this typical makes them inflationary, because they are printed, accessed quickly and used up quickly, likely by people who don't deserve them... while it takes time and energy to earn currencies (like Bitcoin) that are based on hardwork and this makes the products they would be bought with to remain in the market longer, consequently making their supply to be higher than demand (especially in hardwork based society)while the workers are producing more products.
Am for paying more to people who contribute/produce more and less to people who contribute/produce less. That could help in slowing down inflation
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March 07, 2023, 06:44:31 PM
 #9

Life is really becoming very difficult for unskilled people. I think that world is changing and people don't want to see that. Everyone wants unskilled jobs and there are tons of people who are willing to do unskilled job for little money. And people, who finish universities, find it very difficult to gain experience or do internship because competition is very high and old people don't want to say no to their chairs.

But there is one big problem. There is a huge demand on skilled electricians, skilled plumbers, etc. Old people are retiring, new people don't want to learn while salaries in these fields are higher than in fields where you need 4 years degree + masters. The problem is mentality. If you are a plumber, people think that you are uneducated, no girl wants a guy who works as a plumber and looks dirty during his work, everyone wants a fit man with Porsche. This makes young men depressed and all they do is smoking weeds and drinking beers.

Bonus! Politicians are accelerating this process because they want slaves, they throw away a little booze and tell people how okay it is that cost of living is increasing and how okay is it to be depressed and don't have money.

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March 07, 2023, 06:49:58 PM
 #10

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
Yes, it's the same here in the Philippines. Due to inflation, things have changed and it's really felt by normal to average citizens. Those people that are in power, don't feel much about it because they're earning more money and that's why if they really care, they'll make efforts of doing something within their powers. I also felt that during pre-pandemic, it was not that expensive at all but then with too many factors that have combined, everything has risen in its price. It's easier if things will be back again with less inflation and goods are less expensive but that's another thing to talk about because it is very unlikely that we'll see that moment again. This is the reason why each of us should do anything that we can to battle this inflation through having another source of income or jobs.

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March 07, 2023, 06:59:44 PM
 #11

Since 2020, the condition is same in most part of the world but not for everyone. The rich is getting richer while poor is getting poorer that is the cycle happens st every worst situations. About the inflation rate recently the cost of groceries are getting higher and I can feelmit but it isn't that worse but surely it will affect the working class people.









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March 07, 2023, 07:17:38 PM
 #12

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
This problem is not only in your country, but in most countries around the world. It is getting difficult day by day for a common man to bear all the expenses of the family. The effects of inflation are affecting the middle income countries very hard, even in the developed countries it is becoming difficult for people to live. Because the impact of economic recession may cause more impact in the coming days and make our life more difficult.

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March 07, 2023, 07:28:41 PM
 #13

The situation is different for everyone but yeah the cost of living is so high this days so many people are really struggling to eat one square meal.
The very low income earners are not finding it funny in my locality, there is very little offline jobs and the majority don't have the right education to look outside the usual tradional jobs for opportunities online.
It is hard for the majority of people but it also depends on how you able to sustain yourself through other ways.
 And the sad part of it is the situation may likely continue for some time as the government are not able to address the situation with inflation. Instead of going down, it keeps rising and making things very difficult for the common people.

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March 07, 2023, 07:37:38 PM
 #14

Here in the EU it's bad since the covid lockdowns. First you couldn't go out, had limited access to services and all that, the police were chasing people who refused to wear masks. There were cases where you'd try to have a smoke so you'd uncover your face for a while and the police would chase you like a thief or some criminal.

Then we got first signs of energy crisis where all the bills would go up by 10%. The only things that I don't have to pay more for are my phone and internet. Both of them cost me exactly what I had to pay 2 years ago but apart from that everything went up, especially garbage disposal, water and heating.

Food also went up by a lot. Some things, especially vegetables that require additional heat and light in winter like tomatoes and peppers went up by 50%.

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March 07, 2023, 11:08:57 PM
 #15

The cost of living started to increase as an on-set effect of the money printer first spinning up in the EU. Then, the contagion continued to spread and started to effect the rest of the globe. If it weren't for the economic strings pulled during COVID and the luck that people actually stayed indoors around the globe, causing a temporary economic shutdown and recovery, then the effect of the coming hyperinflation event would be much worse today.

This is the very reason Bitcoin was created. Bitcoin use case will go into full effect as this situation rapidly gets worse. Who to blame? Corrupt government, greedy banks, ignorant people.
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March 07, 2023, 11:53:19 PM
 #16

All around the world, inflation have hit harder and the living costs have reached the peak. During the same time more job cuts and lack of employment opportunities makes the scenario even worse. In recent years the oil price increase due to the war have caused big impact all around the world. When the fuel price increases, automatically each and everything from the basic needs increase in the price. It takes time, if not we're gonna get adopted to the situation. This is how the world gonna move.

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March 07, 2023, 11:59:03 PM
 #17

The living cost may be different in any country yet i think that cost of living can still be considered as very high even when it came from the developed countries too. The bad thing is after covid there is not good recovery that happened with the global economic.
The war that happened between ukraine and rusia was making the condition become even worst. The stability of countries in the world got affected caused by that. Some countries were not even able to pay the debt.
The economic growth become even less than what was already expected. This also affects the minimum salaries that have applied in any country. Any goods become even more expensive than before.

that's why almost all people are looking for income from doing side jobs. it's caused by the main job is not even enough anymore to keep your life.

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March 08, 2023, 01:07:16 AM
 #18

While growing up things were quite easy, an I also know that life was also easy for the common man,
If you think about it ,back in the day resources were plenty to go around for everyone but populations have grown and the process has turned out to be a competition to fight for the few limited resources out there...

not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
Unfortunately things like inflation are influenced by external factors beyond an individuals control and also how stable a countries political, technological influence is on an economy and it's people.

 Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
The best way to survive low salaries is not to rely on one stream of income,try getting into other side hustles to help supplement the salary to make life much easier financially.

Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
Issue of kids..well If people are going to have tons of kid's it means they have the resources to take care of them, if not it's unfair to put your responsibility on others who know that they need to live within their means chose to be ignorant about it, let's take responsibility for our actions...hope am not stepping on people's toes.

 

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March 08, 2023, 02:09:06 AM
Merited by Accardo (2)
 #19

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).
The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.

Exactly, the key here is our income, don't expect the government to find a way or a solution to help us. Let's save ourselves, if our primary income is not enough to cover our daily needs, we should get extra jobs to earn extra income. Society is becoming harsher and harsher, and we should also find a way to adapt to everything, not wait for the government or someone to save us. We cannot expect that the world will be forever peaceful and free of any turbulence. I stopped lamenting about life and rushed to find a part-time job to save myself, now I have a very stable income and almost no longer worry about inflation.

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March 08, 2023, 02:27:01 AM
 #20

No matter how we blame our government, they still can't move a single thing on this. Even mandating an increase in the minimum wage of employees takes time; how much more lowering the value of those things? Only you can help yourself, so it is better to move and find another source of income so that you can earn more and be able to buy our needs. As of the moment, those who are really having difficulties right now would be more struggling, so if ever we have a chance, let's help them.
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March 08, 2023, 02:38:40 AM
 #21

It is funny, but it is indeed true that the cost of living is actually killing the living. I have personally known people who are working day and night just for the sake of existing. They're not even living; they're simply supporting their own and their family's basic biological needs. They're slowly killing themselves just so that they can meet what they basically need to continue surviving.

But what's funny is that the cost of dying is also killing the living. Before somebody dies, he/she usually goes to the hospital, admitted, takes a lot of medicines, even undergoes regular medical checkups and other medical sessions, and so on. And when he/she finally dies, the expenses doesn't end. Burial is costly. A casket is expensive. You pay for the one who leads the daily prayers and offer snacks to all who attend. The list of expenses goes on.

There is no way out. You live or you die, you are a victim of the rising prices of everything.

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March 08, 2023, 02:47:12 AM
 #22

the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
Don't think that the government is completely wrong while we also don't correct ourselves. The fact is that people who are able to survive are they don't give up, develop their skills and keep fighting, instead of complaining and then depending on the government system. In this case, the role of the government is definitely trying to give the best but we can't blame it if it fails. Because a corrupt government will always be in its own circle to continue to enrich itself.

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March 08, 2023, 04:27:59 AM
 #23

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
The costs of living have increased everywhere, however I do not think it is as bad as what you describe happening in your country, however this kind of difference is to be expected as black swans appear out of nowhere and some countries are better prepared to face it while some countries were already in a vulnerable position and the black swan does nothing but to aggravate its problems, which is what I think is happening where you live.
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March 08, 2023, 04:30:01 AM
 #24

Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
That's the reason why many people are still poor, they just want to have a sex without any preparation. If you look on developed countries, you will see most people either only have 1 or 2 kids, if they have 3 kids or more, it's obviously the parents already rich and achieve financial freedom.

You shouldn't entirely blame the government, if you're become the president you will not able to make the price back to the previous price where inflation rate is still small.

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March 08, 2023, 04:49:40 AM
Merited by The Sceptical Chymist (4)
 #25

High inflation has indeed had many impacts on sectors of our life, especially in the economic welfare of a country. yeah, it's true that the usual one month's salary that we can use is enough for one month and even there is still some left that can be saved and invested. but today our one month's salary is sometimes only enough for that one month without leaving any money to save. even though we have done a more frugal lifestyle.

and there have been many discussions conducted regarding this issue. So that some of the solutions that can be done are indeed to find a side job to increase our financial income. so that we can still save and invest for the future. because we live not for today only. but we also have plans to build a better future.

but looking for a side job is not as easy as imagined. but as long as we try to keep figuring it out and discovering it. then in the end there will always be something we can make as a solution to increase our financial income. either by working on the side or creating a small business that can be used as a side business.

but actually there are still many out there countries that have long experienced hyper inflation. even the money there is completely worthless. even there one chest of drawers could only buy a few loaves of bread.

For example, in the country of Zimbabwe, which has a high inflation rate, I even think it is included in the hyper-inflation category. the currency exchange rate there continues to decline so that if we look at the market there we can see lots of piles of money. the conditions there are very worrying so if we compare with our conditions then we will become more grateful individuals. and appreciate the government in our own country. (Sourch)

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March 08, 2023, 05:04:58 AM
Merited by Oluwa-btc (1)
 #26

Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

You’ve made a solid point here and I can understand cause I, most times also feel sorry for the very poor folks. They’re poor in almost every aspect. They’re poor in the way they think, the way they act and in the way they speak. Ignorance plays a big role in their lives. Cause how would an individual who isn’t capable of feeding him or herself comfortably go on ahead to continue breeding and producing children. Children that won’t be fed well or taken care of the way the child deserves.
That child, without having the basic things needed(education, love and care in the home etc) would probably go through a difficult time and would slowly develop the same ignorant mentality the parents had.
The cost of living is nowadays really trying to kill the living.
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March 08, 2023, 05:17:35 AM
 #27

Since 2020, the condition is same in most part of the world but not for everyone. The rich is getting richer while poor is getting poorer that is the cycle happens st every worst situations. About the inflation rate recently the cost of groceries are getting higher and I can feelmit but it isn't that worse but surely it will affect the working class people.
I have also felt how the price of food has increased at this time even though I can still try to get my food needs every day, but the level of fatigue and income in a job now has begun to be felt when the salary I earn now starts to feel small even though in terms of numbers still the same as before. However, due to the increase in food prices and the food that is often consumed every day, it feels like the amount of salary I am receiving now is starting to look a little low.

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March 08, 2023, 05:50:43 AM
 #28

The government are actually forced to act in the way that they are acting, because the global economy took a knock from the impact of Covid and also the impact of the war between Russia and the Ukraine.

The thing is... when the economy are struggling, tax income also go down... so that means less money that can be spend on increased wages for civil servants. So now you have two things trying to kill the middle class and poor people.... namely : Higher inflation and wages that are not increasing.  Roll Eyes

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March 08, 2023, 06:32:59 AM
 #29

The prices of everyday goods continue to bear fruit, adjusting to the supply and needs of the people and many things change the prices of these daily goods. We as citizens, can only try to keep up with the changes made by the government. Hopefully the government can pay more attention to the price of everyday goods and maybe be able to provide incentives to its citizens so they can survive in this difficult situation.

Many people have complained about this to the government but unfortunately, the response given by the government often does not satisfy its citizens. This has sparked many riots in several countries because the people feel that the government has been unable to help its citizens properly. This is a serious problem faced by almost all countries, especially developing and underdeveloped countries, but I think the government will try its best to protect its citizens.

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March 08, 2023, 08:01:44 AM
 #30

The government are actually forced to act in the way that they are acting, because the global economy took a knock from the impact of Covid and also the impact of the war between Russia and the Ukraine.

The thing is... when the economy are struggling, tax income also go down... so that means less money that can be spend on increased wages for civil servants. So now you have two things trying to kill the middle class and poor people.... namely : Higher inflation and wages that are not increasing.  Roll Eyes
I'm sure the governments of all countries want to do what's best for their people, but they have to do a lot of things because of the influence of the global economy, even though it will impact people with low incomes.

many countries cannot do much when there is higher inflation because the average developing country does not have much state income and the taxes it receives are low, making it difficult for them to provide subsidies or increase wages for the welfare of their people.

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March 08, 2023, 08:25:18 AM
 #31

The government are actually forced to act in the way that they are acting, because the global economy took a knock from the impact of Covid and also the impact of the war between Russia and the Ukraine.

The thing is... when the economy are struggling, tax income also go down... so that means less money that can be spend on increased wages for civil servants. So now you have two things trying to kill the middle class and poor people.... namely : Higher inflation and wages that are not increasing.  Roll Eyes


1. No war between Ukraine and Russia! There is a terrorist war unleashed by Russia against Ukraine. As well as economic terror from Russia in relation to European countries.
2. Regarding everything else, I agree, but with a small reservation. When we demand something from the state, we must keep two key points in mind:
- The state has no money. The state has only taxes, which we pay ourselves! And if the state has little money to provide social programs, then we either do not pay or hide a lot of taxes.
- power in the state is OUR choice! It is we who elect people and give them power. If the government turned out to be not good, then this is also our mistake when we chose!

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March 08, 2023, 08:26:06 AM
 #32

 Your topic is quite catchy but sadly a depiction of what is going on in the world. You mentioned quite a few factors that can affect a salary earner's wage and if I were to be honest to myself, I doubt the government can do much right now to alleviate some of the pains of these individuals.
 While the cost of things keep soaring, but the pay remains static, I think the best thing to do is to cut back on one's expenses and just like @BADecker tacitly observed, it'd be best to form a sort of co-op thingy as some governments still struggle to recover from the blow hit them by the COVID-19 pandemic and also lack the ability to properly plan how to invest in their economy.

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March 08, 2023, 11:31:44 AM
 #33


  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.


I think if we only have a good government know how to handle inflation in the country it will lessen the cost of their living. In my country we always feel how hard to survive with a minimum wage while having a high inflation rate, your income for a day won't be enough to survive the day. Corruption always occur that's why they can't help and support those who are in need. If only I could figure out how I can help in these kind of problems in my country tho.
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March 08, 2023, 11:32:44 AM
 #34

Yes, you can say that there is the same experience and worse here in my country, the high prices have reached an unbearable limit, the prices of basic commodities are constantly rising, the local currency is losing its value every day, and the salaries have remained the same.

Government salaries are almost unbelievable funny, it is hard to believe that the salaries of employees here in my country are less than 30$!!!!! But it is the painful truth!!! Huh

It is not enough to pay the electricity, telephone and water bills, as well as other basic needs, so everyone here is forced to do additional work to pay off this deficit.

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March 08, 2023, 11:53:01 AM
 #35

The government are actually forced to act in the way that they are acting, because the global economy took a knock from the impact of Covid and also the impact of the war between Russia and the Ukraine.

The thing is... when the economy are struggling, tax income also go down... so that means less money that can be spend on increased wages for civil servants. So now you have two things trying to kill the middle class and poor people.... namely : Higher inflation and wages that are not increasing.  Roll Eyes
But in my current country there are three conditions that are actually feared to make it more difficult for the community. namely high inflation, wages that do not increase, and taxes that increase.

But luckily because my country is a country with a tropical climate so we don't have problems with food. so the food crisis is a problem we can avoid. and food is the main problem in survival.

every government may actually have tried as much as possible. due to global economic conditions is not something that can be resolved quickly. everything definitely requires a long process.

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March 08, 2023, 11:58:00 AM
 #36

If your country suffers from economic problems from the year 2018, then it is likely that the problem is with the economic staff in your country, because the strangest countries began to complain about the year 2020, and therefore there are no close solutions for the general economy of your country, but you can develop yourself to avoid many economic fatigues resulting from high prices.
As for the problem of lack of goods or their unavailability, it is something that the local government must take bold steps in.

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March 08, 2023, 01:32:55 PM
 #37

~
It sucks I know. This is why people with just an average salaries that remains the same for the upcoming years like you said tend to do job hopping a lot and they aim for working in international since the rate usually is higher than in their own.

Not sure if it is a universal norm/culture for people to job hop, but it happens a lot here in my country especially that I reside in a third world country. Just gotta do what you gotta do to survive against inflation, OP.
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March 08, 2023, 02:12:43 PM
 #38

~snip~

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.

~snip~

I don't disagree with everything your said about cooperative. It is one of the potent solutions to the current food and other essential commodities crisis most people are facing due to this global economic problems. But currently, human needs has become very complex and might not be handled by cooperative. Human need more than food and other basic needs to live a comfortable life. And most of these essential commodities are controlled by big companies that are not willing to lose their influence on they have on the people. Data and airtime for internet and phone communication might not be basic needs but they are so essential that some people might not be able to survive without them.
Indeed, coz up to this day I can still see lots of co-ops in my own country. I am todays age when I learned that it was the purpose of co-ops. Before, I knew that it has a good purpose not knowing it has deep history related to economy. As what I can see here in my country, modern co-op has been used as a business propaganda for people in rural/urban cities.

I also agree that it would be dificult right now to let go of the convenience we experience, I don't know about other people but personally I can handle it slightly. This is also one of the downsides of having tech reliable economy, coz if things happen like that hopefully not, people are going to have a hard time.

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March 08, 2023, 03:27:55 PM
 #39

the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
Don't think that the government is completely wrong while we also don't correct ourselves. The fact is that people who are able to survive are they don't give up, develop their skills and keep fighting, instead of complaining and then depending on the government system. In this case, the role of the government is definitely trying to give the best but we can't blame it if it fails. Because a corrupt government will always be in its own circle to continue to enrich itself.

You are right there, if we already know life is getting harder and harder, the government cannot help us. Why don't you save yourself but complain to others? That will only make people mock you more, don't think that anyone will sympathize with you. Inflation, crisis... that many people are still living well while we lament, we should take a look at ourselves.
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March 08, 2023, 03:40:27 PM
 #40

The government are actually forced to act in the way that they are acting, because the global economy took a knock from the impact of Covid and also the impact of the war between Russia and the Ukraine.

The thing is... when the economy are struggling, tax income also go down... so that means less money that can be spend on increased wages for civil servants. So now you have two things trying to kill the middle class and poor people.... namely : Higher inflation and wages that are not increasing.  Roll Eyes
But in my current country there are three conditions that are actually feared to make it more difficult for the community. namely high inflation, wages that do not increase, and taxes that increase.

But luckily because my country is a country with a tropical climate so we don't have problems with food. so the food crisis is a problem we can avoid. and food is the main problem in survival.

every government may actually have tried as much as possible. due to global economic conditions is not something that can be resolved quickly. everything definitely requires a long process.
Yes, I still think positively of the government which does have a policy on this matter, they must be doing their best. I believe they are people who are experts in their fields, especially in the field of economics. But according to my point of view as an ordinary person, there are still policies that are not in favor of the common people, I don't know for sure about that but I see it that way.
We also cannot always blame the government, because sometimes the people themselves make it more chaotic. I mentioned one example, for example there are subsidized goods that are intended for "poor" people, but at the same time rich people also want to enjoy them. They should think that they can afford goods without subsidies.

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March 08, 2023, 04:00:35 PM
 #41

It's not trying to kill the living, it's to keep the poor and middle class alive but as close to desperation as possible.

Been struggling with inflation here where I am, already, but at least it's still doable. As in, if it used to cost let's say 10% of monthly wage for a week's groceries (and that's almost luxurious), price doubling is 20%, but cutting down on luxury I can already minimise it to 15% of monthly. That's about 60% just on groceries, but I support a big family so it's actually all right.

Back home, for most of my family, it's far worse. Already living on minimum means, price doubling means people already are out of means.

Meanwhile, companies are posting more profits. I'm not saying Bitcoin's the sole solution, but it's a pretty good start.



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March 08, 2023, 04:03:33 PM
 #42

While growing up things were quite easy, an I also know that life was also easy for the common man...
While growing up, you did not have many responsibilities, and maybe there were people catering for you, so you will never have been able to tell the exact pressure that they were going through to make you comfortable.

  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
There is the need to seek to increase your sources of income, depending on just one source of income at this time is not advisable. You also need to increase planning in use of what you have already to avoid wastage.

Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
Family planning was advised all along, give birth to the number of children that you can comfortably take care of. Giving birth to children and hoping that you will find a way to take care of them is simply putting yourself under pressure.

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March 08, 2023, 04:04:13 PM
 #43

Inflation has become an evil pain.  Most of us have to wait for the adjustment from the resolutions of the National Assembly and the government, each person must actively change their living habits to be reasonable, jointly plan and adjust the spending budget.  If you save money, take advantage of available food… Fortunately, I'm also in an agricultural country.  Salary does not increase is a big problem that my family and I have difficulty, the high cost of living forces me to try to improve, increase labor productivity to increase compensatory income.  Some banks are raising interest rates and the government is introducing tax/fee cuts - it can be effective in the long run to contain and slow down inflation.  However, do not expect the effects to be effective immediately, but I think proactively distribute and adjust your spending and living levels to try to survive first.

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March 08, 2023, 04:38:38 PM
 #44

Yes of course nowadays it is hard to Offord daily expenses because there is no job in recent year and instead of completion of degree there is difficulty in getting job so it's important to do plannings for the expenses of life.

I will guess that a person should think about other ways because these days are very hard to manage.

50 percent of individuals of our country are jobless and due to this reason they have no opportunity to earn money so focus is needed for another way of doing something for the earning of cash.

Crypto investment is very important way because now its a better way specially investment in Bitcoin and Ethereum.



 

 

 

 

 

 


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Flexystar
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March 08, 2023, 05:37:36 PM
 #45

Yeah, it's realization that we are grown ups now. Until we were kids we had no idea how our parents are managing the money for house and how the expenses are getting percolated throughout the months. By the time we stand for ourselves in the real world we come to know that we have so many things to take care of and it ain't easy to manage money for everything.

The situation that was there in 19's is similar to what we have in 20's the only thing is appreciation for the materialistic things have gone too far. As the natural resources are depleting and demand is rising due to over population, things are now on our shoulders through cost of living.

That is the main reason we are getting that high burning feeling mate.

Idealistically, our payouts do increase, we also get appraisals for our salaries. Though the formula has been set correctly, the problem is with the faster inflation and lower appraisals for us. It's getting mismatched and we are overburdening ourselves.

The economics management is one thing and actually living with it is whole new universe.
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March 08, 2023, 05:42:08 PM
 #46

Cost of living is becoming too much and it's almost impossible to extract the middle class from the poor. The cost of petroleum is getting higher than before, inflation is at the top, unemployment increases everyday. Citizens don't get enough care from the Government, prices of commodities are not being regulated in some countries, which helps vendors to skyrocket prices of goods and services without reducing prices even when it drops. Most nation's are being manipulated by both the Government and citizens who work for them to suppress the poor masses. In all these challenges, what matters is to be alive, that's the purpose of living. And always think of getting a decent skill that'll solve some of these problems sorrounding the world.

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March 08, 2023, 06:43:04 PM
 #47

Inflation occurs everywhere in the world, but the rate at which it affects each country varies. We are all aware that the government cannot completely satisfy the citizens but can only do its best. Despite this, corrupt leaders have made it appear as if it is impossible for citizens to see that as an impossible fact, which it is not. The cost of living will not kill a person, but it will make their life miserable.

Those who intend to have a large number of children should consider the country's economic situation and whether it will be advantageous for him to have more children there or not in order to avoid birthing children who will suffer. Because we cannot rely on the government for our daily needs, learning a vocational skill in addition to one's degree education will go a long way toward assisting and sustaining one's living amidst the country's difficulties.

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Cryptomultiplier
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March 08, 2023, 09:08:38 PM
 #48

I was just on a thread with an outlook on how inflation has impacted cost of living. It is rather obvious the current living conditions of most, but one thing to note is that, survival as humans is based on the ability to adapt where there is little to maintain a certain standard of living.
Things like cutting our budget down, hiking for few kilometers to reduce transportation cost and save more can go a long way in making life more liveable, believe it or not.
Alternatives are the best options, ignore luxury and just try to fulfil the need of shelter, food. Clothing can be reinvented or recycled.

virasisog
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March 08, 2023, 09:54:13 PM
 #49

Dealing with inflation is getting harder each day. It seems like we are just working to pay bills that are getting more expensive and continuously increasing even if we try to save and lessen our consumption. Big families are deeply hit by this inflation and e children are suffering. Unfortunately, in our country, the government only does a temporary solution to this problem. They are just giving a small amount of penny which will not help in the long run. I think if we want to survive this crisis we have to double our jobs and always look for alternative ways to make money because we can't rely on anyone especially the government who are also taking advantage of the situation.
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March 08, 2023, 10:33:12 PM
 #50

We have no other choice but to adjust. Cost of daily living won't fall down if we would complain about it, unfortunately. The only thing we could do to continue living is to seek for a better job or adjust our expenses as much as possible.Waiting for things to be at ease won't mean nothing 'coz that is not how economies work.
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
Don't think that the government is completely wrong while we also don't correct ourselves. The fact is that people who are able to survive are they don't give up, develop their skills and keep fighting, instead of complaining and then depending on the government system. In this case, the role of the government is definitely trying to give the best but we can't blame it if it fails. Because a corrupt government will always be in its own circle to continue to enrich itself.

You are right there, if we already know life is getting harder and harder, the government cannot help us. Why don't you save yourself but complain to others? That will only make people mock you more, don't think that anyone will sympathize with you. Inflation, crisis... that many people are still living well while we lament, we should take a look at ourselves.
This is how I view things but not with the extent that people will be mocking me because of how I look towards economic situation. I tend to complain but I also keep it to myself, while creating a solution and not complaining alone. In the first place we are all suffering from the situation. Sympathizing is a good thing. Wishing for a betterment for the next day is also a good thing. But to wait for things to be in favor on your end is a different thing, it'll cost you forever, trust me.

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March 08, 2023, 10:56:22 PM
 #51

Such different factors cause this living a hard one. Economic inflations, cost of living, education and healthcare costs. i understand the difficulties you are experiencing but come to think of it, you are surviving until now. That means you are coping up with the situation and you are able to adjust to what it is right now.

Thus, the cost of living is actually challenging to most of us. Government and other agencies, I believe are doing their best to make some solutions about these problems but demands and supply are always connected with these problems.
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March 08, 2023, 11:00:54 PM
 #52

Am wondering if it's same experience in other part of the world.
I don't know what part of the world your from but these days, the world has become a global community and somehow, we are linked. How do you know this, dump some huge waste in an ocean and you might find it having effect in the other end of your world. So does the economic situation in sme nation. Its never rray better anywhere as, there are always going to be some sort of problem a nation face and how they handle it is always up to both government and individual effort. Although, its always not easy as corruption always elevates the suffering of a people due to individuals with selfish interests.

When the economy gets difficult, you try to cut down cost using what ever means.
Today might seem better tha  yesterday because, a lot has changed in today compared to yesterday. Most of all, the population aren't the same no more but sincerely, as humans, we ought to have built standards to keep the effects to a minimum but, hard times always crrates an opportunity for wealth for others and so, they drive to make things difficult is always there. Sad.

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March 08, 2023, 11:09:49 PM
 #53

Inflation has become an evil pain.  Most of us have to wait for the adjustment from the resolutions of the National Assembly and the government, each person must actively change their living habits to be reasonable, jointly plan and adjust the spending budget.  If you save money, take advantage of available food… Fortunately, I'm also in an agricultural country.  Salary does not increase is a big problem that my family and I have difficulty, the high cost of living forces me to try to improve, increase labor productivity to increase compensatory income.  Some banks are raising interest rates and the government is introducing tax/fee cuts - it can be effective in the long run to contain and slow down inflation.  However, do not expect the effects to be effective immediately, but I think proactively distribute and adjust your spending and living levels to try to survive first.
You are right. We must be able to adapt to the current situation and economic conditions in our country. such as adopting the habit of thrifty living. reduce unnecessary expenses and try to have more income from side jobs.

society and government must work together on this. and indeed everything requires a long process. because restoring economic conditions must be carried out gradually and cannot be done all at once.

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March 08, 2023, 11:14:21 PM
 #54

Inflation has become an evil pain.  Most of us have to wait for the adjustment from the resolutions of the National Assembly and the government, each person must actively change their living habits to be reasonable, jointly plan and adjust the spending budget.  If you save money, take advantage of available food… Fortunately, I'm also in an agricultural country.  Salary does not increase is a big problem that my family and I have difficulty, the high cost of living forces me to try to improve, increase labor productivity to increase compensatory income.  Some banks are raising interest rates and the government is introducing tax/fee cuts - it can be effective in the long run to contain and slow down inflation.  However, do not expect the effects to be effective immediately, but I think proactively distribute and adjust your spending and living levels to try to survive first.
You are right. We must be able to adapt to the current situation and economic conditions in our country. such as adopting the habit of thrifty living. reduce unnecessary expenses and try to have more income from side jobs.

society and government must work together on this. and indeed everything requires a long process. because restoring economic conditions must be carried out gradually and cannot be done all at once.
Whether we do like it or not when it comes to economic problems or situations that we are facing then there's no way that we could able to avoid it which means that we dont have no choice but to face it.
Economic situations or conditions becomes more worst as years passing by and goods and necessities becomes even more expensive the the wage and payrates do remain still the same which means
that you are really that overdropped in that case.As an individual then we are the ones who should be finding ways on how to sustain and survive yourself somehow and this is via finding
other sources of income although it might not be simple on looking one but we should thrive if we do really like on surviving this conditions or situation.

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March 08, 2023, 11:18:49 PM
 #55

Inflation has become an evil pain.  Most of us have to wait for the adjustment from the resolutions of the National Assembly and the government, each person must actively change their living habits to be reasonable, jointly plan and adjust the spending budget.  If you save money, take advantage of available food… Fortunately, I'm also in an agricultural country.  Salary does not increase is a big problem that my family and I have difficulty, the high cost of living forces me to try to improve, increase labor productivity to increase compensatory income.  Some banks are raising interest rates and the government is introducing tax/fee cuts - it can be effective in the long run to contain and slow down inflation.  However, do not expect the effects to be effective immediately, but I think proactively distribute and adjust your spending and living levels to try to survive first.
You are right. We must be able to adapt to the current situation and economic conditions in our country. such as adopting the habit of thrifty living. reduce unnecessary expenses and try to have more income from side jobs.

society and government must work together on this. and indeed everything requires a long process. because restoring economic conditions must be carried out gradually and cannot be done all at once.
Almost every country is experiencing the hard days. For now the governments only can take necessary action to safeguard the living of people. Hard days are particularly for the middle class and the lower class of people. The rich are still enjoying the luxury, I'm not sure whether this the imbalance in the economic structure or the lack of governance.

To make a recovery of the economy it takes time. As mentioned the people need to limit the spending on unnecessary needs. At some point these unnecessary spending contributes more to the economy through increased money circulation which too need to be noted.

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March 08, 2023, 11:26:02 PM
 #56

Whether we do like it or not when it comes to economic problems or situations that we are facing then there's no way that we could able to avoid it which means that we dont have no choice but to face it.
Economic situations or conditions becomes more worst as years passing by and goods and necessities becomes even more expensive the the wage and payrates do remain still the same which means
that you are really that overdropped in that case.As an individual then we are the ones who should be finding ways on how to sustain and survive yourself somehow and this is via finding
other sources of income although it might not be simple on looking one but we should thrive if we do really like on surviving this conditions or situation.
You are right. we cannot avoid the economic crisis that has befallen almost everyone. And we are responsible for ourselves. then we must be able to develop ourselves in this case so that we can continue to adapt and survive.

I even keep looking for opportunities that I can take to serve as an additional source of income. and I also develop other skills in my life so that I am always ready with every opportunity that arises.

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March 09, 2023, 12:44:16 AM
 #57

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
Most of us suffering from the high price of the basic needs for today, in my country basic needs price rice almost 80 percent together with the diesel and the gasoline price, the most affected is the minimum wage earner the salary is not enough to feed the family it is really devastating, the government is still looking for the very best way to support the countries needs but still because of the calamity the assistance for poorest of the poor is not enough i think all we need to do is still work and slowly we will rise again, there is a change for everything if today we suffer maybe soon we will rise and become successful.


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March 09, 2023, 03:10:31 AM
 #58

I don't get the point of having many children. Wouldn't it be more challenging for people to do it? I think it's going to be a challenge if you have more children and be someone who will be another addition to the population that would create "needs" to have that effect on the economy.

Don't you think it will be even worse for the child? The more demand, the more it would be hard for the people in the country.

As long as the country isn't developing, the salary increase wouldn't happen. Better to have a great leader.

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March 09, 2023, 03:34:02 AM
 #59

The cost of living is getting more difficult because of rising prices, it's very difficult for workers to get a raise, especially since the impact of the pandemic is still being felt today, namely many companies are bankrupt, but we must always be optimistic, the presence of the internet, which is getting easier and cheaper, gives us opportunities to earn income In addition, even people who don't graduate from school can earn thousands of dollars a month just creating content on YouTube or TikTok.



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Sebas.tian
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March 09, 2023, 04:08:16 AM
 #60

People are really finding it difficult to feed themselves in my country, because the inflation has collapsed the government plan during the pandemic that took place over one year are some months which is not giving the government and the citizens joy. I believe, government will not allow this inflation to take people life than to do what will help the people to recover from their losses they had experienced from their various businesses in the country. Since many countries has adopted Bitcoin for their youths to make progress, I believe our government will do the same thing to ensure the youths of the land will experience positive changes in the living.

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March 09, 2023, 04:40:40 AM
 #61

The cost of living is getting more difficult because of rising prices, it's very difficult for workers to get a raise, especially since the impact of the pandemic is still being felt today, namely many companies are bankrupt, but we must always be optimistic, the presence of the internet, which is getting easier and cheaper, gives us opportunities to earn income In addition, even people who don't graduate from school can earn thousands of dollars a month just creating content on YouTube or TikTok.
The impact of the pandemic is no longer that big now, although there are still several companies that have gone bankrupt, not all of them are caused by the impact of the current pandemic. Because every company is highly recommended to always be able to compete with other fellow companies through their products so they don't go bankrupt.

And to make money via the internet, I think that this kind of thing has been done for a long time by many people who have skills in creating content such as videos, because the internet has developed for a long time and platforms like YouTube have also been around for a long time.

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michellee
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March 09, 2023, 05:35:37 AM
 #62

The cost of living is getting more difficult because of rising prices, it's very difficult for workers to get a raise, especially since the impact of the pandemic is still being felt today, namely many companies are bankrupt, but we must always be optimistic, the presence of the internet, which is getting easier and cheaper, gives us opportunities to earn income In addition, even people who don't graduate from school can earn thousands of dollars a month just creating content on YouTube or TikTok.
The impact of the pandemic is no longer that big now, although there are still several companies that have gone bankrupt, not all of them are caused by the impact of the current pandemic. Because every company is highly recommended to always be able to compete with other fellow companies through their products so they don't go bankrupt.

And to make money via the internet, I think that this kind of thing has been done for a long time by many people who have skills in creating content such as videos, because the internet has developed for a long time and platforms like YouTube have also been around for a long time.
Even though the impact of the pandemic is no longer that big, it seems that people who have lost their jobs have to start their businesses all over again because they can no longer work where they used to because of a reduction in employees. This makes them think about starting a new business again, which may not be the same as what they are doing.

Even though the internet is available in many countries and people can access it easily, it is not easy for those who want to start their business through the internet. They still have to learn more to know the right strategies to help them develop their business. But some people who feel the benefits of developing their business through the internet have started building their business using the internet, which triggers them to work even harder to earn more income. And if this can be put to good use by people, they can survive and even if the price of things goes up, it won't affect them too much.

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Uruhara
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March 09, 2023, 06:13:19 AM
 #63

You are right. We must be able to adapt to the current situation and economic conditions in our country. such as adopting the habit of thrifty living. reduce unnecessary expenses and try to have more income from side jobs.

society and government must work together on this. and indeed everything requires a long process. because restoring economic conditions must be carried out gradually and cannot be done all at once.
Almost every country is experiencing the hard days. For now the governments only can take necessary action to safeguard the living of people. Hard days are particularly for the middle class and the lower class of people. The rich are still enjoying the luxury, I'm not sure whether this the imbalance in the economic structure or the lack of governance.

To make a recovery of the economy it takes time. As mentioned the people need to limit the spending on unnecessary needs. At some point these unnecessary spending contributes more to the economy through increased money circulation which too need to be noted.
When we try to be more economical, on the one hand, the government is actually trying to keep the flow of economic flows in society running smoothly. So, like when the pandemic took place in several countries, the government distributed money to the people. This is done so that the economy is not paralyzed. now when the economy is starting to recover but inflation is still high so people are really trying to save their money. due to various factors such as wages that did not increase but prices continued to rise. the grassroots are always the victims in this case. And if this continues then the issue of recession could become a reality. because a decline in economic activity will indeed occur if things such as salaries do not increase but inflation is still high. people will start to save money and reduce their economic activity. actually the government is also faced with a confusing situation at this time.

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March 09, 2023, 06:30:12 AM
 #64

The cost of living is getting more difficult because of rising prices, it's very difficult for workers to get a raise, especially since the impact of the pandemic is still being felt today, namely many companies are bankrupt, but we must always be optimistic, the presence of the internet, which is getting easier and cheaper, gives us opportunities to earn income In addition, even people who don't graduate from school can earn thousands of dollars a month just creating content on YouTube or TikTok.

Opportunities are everywhere, but you also need to have determination because it is not that easy to earn money online, even though it is still good for us to get hired and just work from home, but our bosses are from other countries. Though this opportunity is only for those who have gadgets and have internet access, what worries me more are those people who are not computer literate and are relying on physical jobs since there are still companies that are not open right now and there are low hirings, so the unemployment rate is still high.
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March 10, 2023, 01:41:37 AM
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 #65

It is true that the cost of living is keep increasing yearly and it is something that we cannot control but remember that there are things in this world that we can control. We will not struggle and or find any problem to the increasing of cost of living if we are focusing on how can we make more money. The harsh reality of this world is that OUR REWARDS IN LIFE WILL BE ALWAYS BE EXACT PROPORTION TO OUR SERVICE which only means that we are struggling because we are not giving enough service.

Try to imagine you have a lot of sources of income and for sure you will not give a damn care on the cost of living, the thing is; if we want to not give a damn care in that problem then we should focus on ourself, build and create our best version wherein we can have a financial freedom to buy things that we want and need.

We should not blame the government because it is a foolish to do. Instead of blaming, we should ACT in that way we will not experience that kind of problem.
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March 10, 2023, 03:32:30 AM
 #66

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).
The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.
I have to agree on this. We can’t anticipate as to when this inflation will lasts or it could be staying for good, the most important thing is we should have a multi sources of income so that even if the economy gets worser, we won’t end up struggling for finances. That is why we don’t need to settle for a single job anymore. There are a lot of job opportunities online, we just need to explore them and find a side hustle wherein you will be productive despite of its challenges.

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March 10, 2023, 04:19:31 AM
 #67

The cost of living in my country continues to increase, during covid there was a lot of unemployment and making life even more difficult, after almost a year of the covid outbreak the economy is slowly starting to improve but the cost of living is still high, the price of basic necessities has increased significantly, even some types of staples such as sugar, cooking oil and others up more than 50% compared to 3 years ago.


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March 10, 2023, 04:39:36 AM
 #68

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
you become a civil servant should be grateful, because the salary you get in my opinion is more than enough. imagine for freelance workers or factory workers, they only get a salary according to the minimum wage for work, how difficult it is for them if we imagine. for me, with the increasing number of people, there will be many necessities of life that they have to fulfill, from there we can open any form of business to make money, just like don't rely only on one source of income, because fortune must be sought

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March 10, 2023, 06:04:04 AM
 #69

Inflation and cost of living is real difficult for me.  I am seriously feeling the effects of the inflation when I fill up my car and certainly when I buy groceries.  Rice, eggs, and vegetables.  Even chicken and meat the prices are becoming too much that I am changing my eating habits just to save.

It is becoming so much for me to drive that I am taking my bicycle with me most places I go like work and my friends home. It will be like this way for some time now so it is better to adjust then become upset about it.

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March 10, 2023, 09:00:57 AM
 #70

The cost of living in my country continues to increase, during covid there was a lot of unemployment and making life even more difficult, after almost a year of the covid outbreak the economy is slowly starting to improve but the cost of living is still high, the price of basic necessities has increased significantly, even some types of staples such as sugar, cooking oil and others up more than 50% compared to 3 years ago.
The pandemic dealt a severe blow to almost all countries, leaving many unemployed. Those of us who do not know the dangers of Covid are not ready to face it and are confused to see that many people are victims of it. And this is also added by the increase in prices of basic necessities and their scarcity on the market.

The current situation changed a lot compared to 3 to 5 years ago, and we cannot avoid it. We can only try to survive and do many things to earn income that we can use to buy basic necessities. Hopefully, the economic situation can improve this year and beyond, and we can be free from this difficult situation.
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March 10, 2023, 09:09:09 AM
 #71

I can ask one, I admit - not a pleasant, and in some sense a provocative question:
many write that bitcoin and cryptocurrency is the salvation of economies, people and other things, from terrible capitalists, inequality and arbitrariness of the authorities. If this is so, the question arises - why do many participants of this profile forum complain so much about the difficulties of life, primarily about financial problems, if, according to the statement above, it was possible to simply buy a cryptocurrency and the problems would be solved?
Please don’t be offended, I’m just tormented by the strongest dissonance between the fact that the forum very often talks and promotes narratives about cryptocurrency as a “world salvation”, but at the same time they also talk about the unsolvability of problems and difficulties...

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March 10, 2023, 10:50:32 AM
 #72

Dealing with inflation is getting harder each day. It seems like we are just working to pay bills that are getting more expensive and continuously increasing even if we try to save and lessen our consumption. Big families are deeply hit by this inflation and e children are suffering. Unfortunately, in our country, the government only does a temporary solution to this problem. They are just giving a small amount of penny which will not help in the long run. I think if we want to survive this crisis we have to double our jobs and always look for alternative ways to make money because we can't rely on anyone especially the government who are also taking advantage of the situation.
I think everyone can relate that this rising inflation is never good in the long run, as we become poorer and poorer while trying to attend to our needs with their highly increasing prices. And I don’t think this will still be controllable by the government. So the best remedy for this is to increase our income as much as we can. Settling in a single job is never advisable anymore as you can actually extend your free time working on any job that requires your skills. That way, the more you engage in different side hustles, the higher your compensation is.

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March 10, 2023, 11:02:22 AM
 #73

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).
The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.
I have to say those covid years were the start of these non-controllable high priced commodities. Before that everything seems okay. But seeing at the present economy, only rich people will be able to live a comfortable life, while those average and poor class will keep on struggling to budget their finances so that they can still eat three times a day despite of the high prices of foods. If we keep on relying on the assistance from the government,  I can’t help but anticipate that a lot would end up starving to death. That is why if we can take advantage on the different opportunities around and work on them as our side hustles, we will never be threaten anymore if ever the economy gets even worser.
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March 10, 2023, 11:32:11 AM
 #74

Dealing with inflation is getting harder each day. It seems like we are just working to pay bills that are getting more expensive and continuously increasing even if we try to save and lessen our consumption. Big families are deeply hit by this inflation and e children are suffering. Unfortunately, in our country, the government only does a temporary solution to this problem. They are just giving a small amount of penny which will not help in the long run. I think if we want to survive this crisis we have to double our jobs and always look for alternative ways to make money because we can't rely on anyone especially the government who are also taking advantage of the situation.
I think everyone can relate that this rising inflation is never good in the long run, as we become poorer and poorer while trying to attend to our needs with their highly increasing prices. And I don’t think this will still be controllable by the government. So the best remedy for this is to increase our income as much as we can. Settling in a single job is never advisable anymore as you can actually extend your free time working on any job that requires your skills. That way, the more you engage in different side hustles, the higher your compensation is.

Finding more income stream is the best solution to combat those inflation. If we don't work multiple jobs or businesses we might struggle to live especially if we reside at a country where inflation rate is so high.

Government can controll this if they are good with economics and can find solution to maximize the agricultural and energy resources in their country. But I guess some of the country neglect this since some of oligarch control the politician that's why this economic sabotage somehow happen and this is one of the reason why inflation rate increase.

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March 10, 2023, 11:38:44 AM
 #75


An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

It sounds like you are facing economic challenges in your country, it is true that high inflation has become a global issue & it has made life of a conman man very miserable due to stagnant salaries of civil servants. This is a difficult situation, specially for families with children. While government & its agencies play important role to stabilize economy, addressing economic issues can be complex and take time to implement effective solutions. It is important to continue raising voice and hold leaders accountable for their actions.









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March 10, 2023, 12:24:51 PM
 #76

I think what you feel right now is also felt by other countries, our needs of life are getting bigger but the salary we get where we work is not enough and very different from a few years ago, and this problem there is no right solution to be overcome by the government so many people still feel that their lives are getting more destitute, So for now we as a society must be able to manage the cost of expenditure that is in accordance with our income, and hope that the government can reduce the price of basic necessities that we need today.

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March 10, 2023, 01:01:37 PM
 #77

the same condition actually happened in my country. and probably also occurs in the majority of all countries today. because inflation is currently happening globally. even Bank interest rates continue to be raised which means the inflation rate is still high.

But in a situation like now we can't just expect action from the government. we have to have our own solution. start from frugal living. cut unnecessary costs. etc.

The inflation rate is not a problem in a particular country,  inflation is booming every where and in the global market and it keeps getting worse when we think things we get better.i feel the government are not very concerned with how the economy can get better, if we keep waiting for government having in mind they will do something about it, we might just waste our time waiting for nothing. The best thing to do is to think of a way how money can be generated to sort out high rates of bill.

R


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March 10, 2023, 02:06:55 PM
 #78

The cost of living especially if we live in a city is of course very expensive, 3 years ago I lived in a rural area and I could get almost all the vegetables from my neighbours, or plant them in the fields, now to eat vegetables I have to buy and almost everything has to be paid for with money, if I am 3 days late paying the room rent, I will be evicted without pity.


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Davian144
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March 10, 2023, 03:07:41 PM
 #79

I think what you feel right now is also felt by other countries, our needs of life are getting bigger but the salary we get where we work is not enough and very different from a few years ago, and this problem there is no right solution to be overcome by the government so many people still feel that their lives are getting more destitute, So for now we as a society must be able to manage the cost of expenditure that is in accordance with our income, and hope that the government can reduce the price of basic necessities that we need today.
If the government is still very concerned about the price of basic commodities such as food which is very often consumed by its people, then what is most important and needs to be considered now is the price of fuel oil and cooking oil. Because these two things always greatly affect the price of other foodstuffs if both experience an increase in price, so that people find it more difficult to have enough money for daily food.
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March 10, 2023, 03:31:43 PM
 #80

I think what you feel right now is also felt by other countries, our needs of life are getting bigger but the salary we get where we work is not enough and very different from a few years ago, and this problem there is no right solution to be overcome by the government so many people still feel that their lives are getting more destitute, So for now we as a society must be able to manage the cost of expenditure that is in accordance with our income, and hope that the government can reduce the price of basic necessities that we need today.
If the government is still very concerned about the price of basic commodities such as food which is very often consumed by its people, then what is most important and needs to be considered now is the price of fuel oil and cooking oil. Because these two things always greatly affect the price of other foodstuffs if both experience an increase in price, so that people find it more difficult to have enough money for daily food.

To do that, the government needs more money, and the government's money comes from taxpayers' money. Therefore, it is very difficult for the Government to arbitrarily adjust gasoline prices, if any, it can only support a little part. The government will not be able to adjust gasoline prices in a way that benefits the people but must follow the world market prices.
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March 10, 2023, 03:45:31 PM
 #81

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

I think all countries are experiencing it, the cost of living is very high at the moment, compared to existing income, you need extra work at this time if you want to earn more money,
the government is indifferent in economic matters, only believes in reports with inaccurate data, without looking down at the economic condition of its people

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March 10, 2023, 05:19:04 PM
 #82

We think life is easy when we are still young and no other obligations to do other than having fun but as we grew older and started to have a family we realize that we were wrong. The government should increase your pay. Don't tell me they can't feel these issues happening around? If they won't, maybe it's time for you guys to switch on other careers. If you are afraid then just find another small job.

This should make you an extra money to sustain the life that you want if you can not adjust. Problems that you are currently facing are also felt on other parts of the world but I think some governments are kind enough to help. People there are just lucky.

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Cling18
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March 10, 2023, 05:33:49 PM
 #83

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keep on getting worse by the day.
Am wondering if it's the same experience in another part of the world.

I think all countries are experiencing it, the cost of living is very high at the moment, compared to existing income, you need extra work at this time if you want to earn more money,
the government is indifferent in economic matters, only believes in reports with inaccurate data, without looking down on the economic condition of its people

With the current situation that we are dealing with, we have no choice but to save and minimize our expenses. Proper budgeting is now necessary regardless of the amount of our monthly income. Saving is not becoming a challenging thing because most of the time, our salaries are just enough to buy our basic needs and to pay our bills. I agree that doubling our job will help or at least have a part time job for us to have a tighter budget and at least we can get rid of financial distress.
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March 10, 2023, 06:13:28 PM
Merited by fillippone (2)
 #84

People are really finding it difficult to feed themselves in my country, because the inflation has collapsed the government plan during the pandemic that took place over one year are some months which is not giving the government and the citizens joy. I believe, government will not allow this inflation to take people life than to do what will help the people to recover from their losses they had experienced from their various businesses in the country. Since many countries has adopted Bitcoin for their youths to make progress, I believe our government will do the same thing to ensure the youths of the land will experience positive changes in the living.
Inflation and deflation are the roots of a country's problems, it's one of the government's challenges in managing a country. Rising and falling prices are a natural thing, of course there are natural factors, technical and non-technical factors that we cannot predict when they will come and go. It's just how we are able to adapt to situations and conditions until everything returns to a reasonable and normal point accompanied by the government's ability to manage a country. All countries are struggling with their respective struggles. We hope that the best solution will soon be found and the situation will improve
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March 10, 2023, 06:27:55 PM
 #85


Our government could be helpless in this situation as you can see even the largest economy in EU such as Germany is struggling as well. The working class in US are also living paycheck to paycheck. So you could be barking at the wrong tree in blaming your government.

We must understand that this is the effect of what is going in globally like the war in Russia-Ukraine where our gas supply is affected making prices goes high as well. And then there's also the printing of money. We are in a recession.



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March 10, 2023, 06:33:25 PM
 #86

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
I don't see an end to this because is like things are getting worse everyday and if we do not make proper plan now, it's going to affect us in due time. We need to keepaking savings so when things get worse it's not going to affect us too much. Inflation in my country is very high and I don't know why things are getting worse daily. We need to ki wep try to pay our bills and put food on the table for the younger ones. Since the end of COVID-19, the world economy had changed making inflation to rise and people begging for food because the money is not there.









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March 10, 2023, 06:56:08 PM
 #87

If the government is still very concerned about the price of basic commodities such as food which is very often consumed by its people, then what is most important and needs to be considered now is the price of fuel oil and cooking oil. Because these two things always greatly affect the price of other foodstuffs if both experience an increase in price, so that people find it more difficult to have enough money for daily food.
To do that, the government needs more money, and the government's money comes from taxpayers' money. Therefore, it is very difficult for the Government to arbitrarily adjust gasoline prices, if any, it can only support a little part. The government will not be able to adjust gasoline prices in a way that benefits the people but must follow the world market prices.
I think oil is something you shouldn't tax, I think other parts that require oil should require tax. Meaning, lets assume that with gas you fill up your tank and then drive a truck full of tomatoes to a shop, and people buy those tomatoes, if you increase the tax on that gas, you will be increasing the price of tomato as well, and people would buy less tomato and this would hurt everyone.

Instead, keep the gas prices low, so that tomato prices would be low and increase the tax on the tomato, they would still buy the same amount of tomato because price is the same, but this time you are getting bigger tax returns from each sold tomato. Much better for the government.
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March 10, 2023, 07:53:48 PM
 #88

It's not trying to kill the living, it's to keep the poor and middle class alive but as close to desperation as possible.

Been struggling with inflation here where I am, already, but at least it's still doable. As in, if it used to cost let's say 10% of monthly wage for a week's groceries (and that's almost luxurious), price doubling is 20%, but cutting down on luxury I can already minimise it to 15% of monthly. That's about 60% just on groceries, but I support a big family so it's actually all right.

Back home, for most of my family, it's far worse. Already living on minimum means, price doubling means people already are out of means.

Meanwhile, companies are posting more profits. I'm not saying Bitcoin's the sole solution, but it's a pretty good start.



I guess everyone that is kicking alive surely experience the heat of inflation, though some had live it worst. However, on my country, there’s always this rising inflation but I’m just thankful that I was able to manage the risk and still live on my own comfort. That’s the benefit if we can always increase our income despite of the negative economy. And certainly, bitcoin is a good start. If you don’t find it as a reputable investment, then there’s always job opportunities brought by bitcoin, it’s up to you how you will conquer it.

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March 11, 2023, 04:37:53 AM
 #89

If the government is still very concerned about the price of basic commodities such as food which is very often consumed by its people, then what is most important and needs to be considered now is the price of fuel oil and cooking oil. Because these two things always greatly affect the price of other foodstuffs if both experience an increase in price, so that people find it more difficult to have enough money for daily food.
To do that, the government needs more money, and the government's money comes from taxpayers' money. Therefore, it is very difficult for the Government to arbitrarily adjust gasoline prices, if any, it can only support a little part. The government will not be able to adjust gasoline prices in a way that benefits the people but must follow the world market prices.
I think oil is something you shouldn't tax, I think other parts that require oil should require tax. Meaning, lets assume that with gas you fill up your tank and then drive a truck full of tomatoes to a shop, and people buy those tomatoes, if you increase the tax on that gas, you will be increasing the price of tomato as well, and people would buy less tomato and this would hurt everyone.

Instead, keep the gas prices low, so that tomato prices would be low and increase the tax on the tomato, they would still buy the same amount of tomato because price is the same, but this time you are getting bigger tax returns from each sold tomato. Much better for the government.
Taxes are not only a way for governments to raise money, they are also a way for them to discourage the use of something without making it illegal, it is clear to me governments are trying to lead people to move away from vehicles that use gasoline, and while this may seem like a dream now, if they maintain this kind of pressure for the next decades we could see people adopting new technologies in order to reduce their costs, then even if what you say makes sense those taxes will probably remain in place and most likely they will increase on the future as well.
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March 11, 2023, 05:00:18 AM
 #90

The cost of living continues to increase because inflation continues to occur, government reports state that inflation occurs around 6% per year, but what I feel is the price of basic necessities has increased by more than 20%, for example cooking oil has increased by more than 40%, of course this makes us must think about finding a source of income to be able to survive the increasingly difficult economic conditions.

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March 11, 2023, 06:43:38 AM
 #91

Opportunities are everywhere, but you also need to have determination because it is not that easy to earn money online, even though it is still good for us to get hired and just work from home, but our bosses are from other countries. Though this opportunity is only for those who have gadgets and have internet access, what worries me more are those people who are not computer literate and are relying on physical jobs since there are still companies that are not open right now and there are low hirings, so the unemployment rate is still high.

The opportunity that are everywhere isn't for everyone since not everybody learnt those skills that have job openings online. This is why we have to be prepared ourselves by getting educated on the trending things. Now that we have blockchain technology taking over, we should equiped ourselves with this knowledge so we can get the jobs when we see the opportunity.

Many people still don't understand this, the manual jobs are crowded and unavailable but this online jobs lack skillful workers and companies are out there looking and waiting on someone they can hire for the role, we just have to make ourselves available by shifting our attention to learning the skills needed to be hired for this online jobs.

R


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March 11, 2023, 09:14:06 AM
 #92

Remind yourself whose actually responsible for inflation. Seems people have forgotten that it's a manufactured issue stemming from fiscal ineptitude by most governments and central banks. Setting aside Ukraine war related price hikes, the inflation rate of nearly every currency is outpacing wage growth.

I'm not under the illusion that over the last year the cost of living hasn't increased despite what the conduct of the central banks are -- But eventually the COVID stimulus spending spree must be paid for. I'm not sure what country you're from which caused living costs to increase in 2018 but I can only imagine it's gotten worse since 2020.
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March 11, 2023, 09:26:54 AM
 #93

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

There is always a crisis brewing or a crisis of some kind spilling over in the world, it's inevitable. Just when things looked like they were getting better, Putin - the dictator running Russia - decided it was a good time to invade their neighbor and cause the biggest war in Europe since the end of World War 2. That is bound to have a huge effect as they are both big mining, energy and food producers. Supply chains had barely recovered after shutdowns in the last few years that were unthinkable just 5 years ago. If you're looking at someone to blame, it is the Russian government and it's leadership. There may have been some inflation still happening at this time, but they made it so much worse and unnecessary, yet the poorest (people and countries) always suffer the most.

R


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March 11, 2023, 05:05:44 PM
 #94

Am wondering if it's same experience in other part of the world.
This country's economy is currently in such terrible shape. The means of survival is so hard that three meals a day are scarcely enough to ordinary man. The pay remains stable but the expense of living is increasing for essential necessities. My survival plan involved cutting back on unnecessary spending. For instance, as a bachelor, I used to frequent clubs frequently and spend money on unimportant things. Now, however, because of the economy, I only go to a club once a month. I virtually always eat at an expensive restaurant because I'm single. But because of the economy, I've come to understand that preparing the food myself will cut costs and save me at the end of the day.

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speedy963
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March 12, 2023, 01:52:43 AM
 #95

Opportunities are everywhere, but you also need to have determination because it is not that easy to earn money online, even though it is still good for us to get hired and just work from home, but our bosses are from other countries. Though this opportunity is only for those who have gadgets and have internet access, what worries me more are those people who are not computer literate and are relying on physical jobs since there are still companies that are not open right now and there are low hirings, so the unemployment rate is still high.

The opportunity that are everywhere isn't for everyone since not everybody learnt those skills that have job openings online. This is why we have to be prepared ourselves by getting educated on the trending things. Now that we have blockchain technology taking over, we should equiped ourselves with this knowledge so we can get the jobs when we see the opportunity.

Many people still don't understand this, the manual jobs are crowded and unavailable but this online jobs lack skillful workers and companies are out there looking and waiting on someone they can hire for the role, we just have to make ourselves available by shifting our attention to learning the skills needed to be hired for this online jobs.
Exactly as you say! Opportunities are everywhere? It's just a sarcastic way of telling you can do it as long as you do it. As you've said, not every opportunity is for everyone since not everyone has learnt that skills, aside from that each and every country depends on what job available for them.

I learn that the hard way while searching for jobs, and as I was looking for it, I was disappointed at the same time confused as to why there are different jobs offered for varying countries as well as the salary given. Of course that depends on someones strategy so one could still do side hustles that're available, and yes, I also did that just to earn extra coz they said "don't just talk and complain, you should work".

Yes there're so many job opportunities online, but are we sure that out resume are checked by the company? Mostly not, if your profile isn't something noteworthy, they'd just skip it even if you have the skills to do it. Not unless you have someone who can refer you.
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March 12, 2023, 03:56:16 AM
 #96

The cost of living continues to increase because inflation continues to occur, government reports state that inflation occurs around 6% per year, but what I feel is the price of basic necessities has increased by more than 20%, for example cooking oil has increased by more than 40%, of course this makes us must think about finding a source of income to be able to survive the increasingly difficult economic conditions.
You will feel a greater increase in the price of basic necessities when you don't have a lot of income in your life. Because rich people who have large incomes will never feel pressured by an increase in the price of basic necessities in their life even though they have to spend more money for it. However, they are very used to it and will be very comfortable dealing with it, so it is very true if you want to think about finding more sources of income in order to survive in these difficult economic conditions.

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March 12, 2023, 06:10:29 AM
 #97

The cost of living continues to increase because inflation continues to occur, government reports state that inflation occurs around 6% per year, but what I feel is the price of basic necessities has increased by more than 20%, for example cooking oil has increased by more than 40%, of course this makes us must think about finding a source of income to be able to survive the increasingly difficult economic conditions.
You will feel a greater increase in the price of basic necessities when you don't have a lot of income in your life. Because rich people who have large incomes will never feel pressured by an increase in the price of basic necessities in their life even though they have to spend more money for it. However, they are very used to it and will be very comfortable dealing with it, so it is very true if you want to think about finding more sources of income in order to survive in these difficult economic conditions.
that's right, it really feels like the price increases for people with low incomes but right now the focus is on those with low incomes so it's very difficult when the cost of living increases.
in fact, all of this can be overcome by trying to supplement their income by working harder without having to complain and question state policies that make it difficult for them.
life is always stressful for people on low incomes, and we have to try to get out of it.



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March 12, 2023, 03:57:31 PM
Merited by fillippone (2)
 #98

The cost of living continues to increase because inflation continues to occur, government reports state that inflation occurs around 6% per year, but what I feel is the price of basic necessities has increased by more than 20%, for example cooking oil has increased by more than 40%, of course this makes us must think about finding a source of income to be able to survive the increasingly difficult economic conditions.
about inflation and the cost of living. The reality is that capitalists are making huge profits in Canada. An example is the real estate industry, high property prices affect the entire market and high inflation. Reducing the budget limits capitalist profits and increases the windfall profit tax. To reduce the cost of living of the people. Canada already has heavy taxes.

Food prices have risen so high Business people have the responsibility to reduce costs, otherwise prices are high, consumption is weak, no business, in the end it will be the failure of the operators. Maintaining purchasing power is a success factor. The reality is the high cost of living. Canadians suffered a lot, but the capitalists never lost big profits or real estate.

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March 12, 2023, 05:32:07 PM
 #99

We think life is easy when we are still young and no other obligations to do other than having fun but as we grew older and started to have a family we realize that we were wrong. The government should increase your pay. Don't tell me they can't feel these issues happening around? If they won't, maybe it's time for you guys to switch on other careers. If you are afraid then just find another small job.

This should make you an extra money to sustain the life that you want if you can not adjust. Problems that you are currently facing are also felt on other parts of the world but I think some governments are kind enough to help. People there are just lucky.

I am afraid that how things are going with the artificial intelligence and the mechanics, in the mid term "finding a small job" may not the possible, since the robots are starting to develop up to levels where the can take care of more complex tasks.

Just take a look at this video I found on youtube: https://www.youtube.com/shorts/R1NDNDZpneA

We could argue that this advances in automation could mean what products will be cheaper, but that would be naive to assume companies will slow prices instead pocketing the difference they saved in human personnel.


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March 12, 2023, 05:38:05 PM
Merited by The Sceptical Chymist (3)
 #100

An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
Almost all countries are experiencing economic difficulties, due to the worsening post-inflation situation due to several reasons, starting with Covid-19 and the impact of inflation is increasingly widespread in the absence of economic stability. Everyone should try to be more independent in managing their family's financial resources. You cannot fully depend on government policies in conditions like this, because they have many things to take care of and it is not certain that they can prevent inflation quickly.

To get basic needs is not that difficult, one thing is difficult because people are too spoiled and don't want to be involved in agriculture that can be utilized. In some areas they provide basic needs from farmers and the tradition of growing vegetables is still maintained today, so the price range is definitely cheaper. The question is, why do so many people not take advantage of conditions like this?

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March 12, 2023, 06:22:16 PM
 #101

It's an unfortunate situation we've found our selves as human beings, for all the creatures God created, is only human being that need money to survive.
 Government control the fiat currency, they control the inflation situation of a country, they are literally holding the potatoes and also holding the knife, that's why we need Bitcoin to be an integral part of our lifestyle, so we can survive some of this inherent impediment created by government to keep us at bay.

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March 12, 2023, 07:23:57 PM
 #102

Presently in my country Nigeria, we are in the era of buying money with money, for instance, if you need 10,000 naira cash you will have to collect it with 2000 naira that is if you are so lucky to get it. Since the new currency was issued the cost of living has been difficult. The fact is that income is not increasing but needs and wants are increasing there is no balance of any sort and this is affecting a lot of things.

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March 12, 2023, 08:08:28 PM
 #103

Presently in my country Nigeria, we are in the era of buying money with money, for instance, if you need 10,000 naira cash you will have to collect it with 2000 naira that is if you are so lucky to get it. Since the new currency was issued the cost of living has been difficult. The fact is that income is not increasing but needs and wants are increasing there is no balance of any sort and this is affecting a lot of things.
I'd like to know what state you're in really, my area charges 4000 for 10000, and some places share the charges at 50/50.

The cash is hard to get, network to transfer is bad and even if it's accessible, vendors reject transfer, what a bad time to live in a country as this.

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March 12, 2023, 08:13:33 PM
 #104

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
it's exactly the same situation in my country, things are hard even for the rich not to talk of the average man. Life is really tough and prices of things are on the high on a daily basis, the only difference is that, unlike your country where the government and it's agencies have refused to do anything about it, ours are the ones responsible for inflicting the suffering and pain on us.

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March 12, 2023, 08:30:12 PM
 #105

In the Great Depression of 1929, nobody could afford the cost of things. So, what did people do? They got together and formed their own mini-governments called co-ops. Some of these co-ops are still around today.

What did a co-op do? Everybody in the co-op did what they could to make and supply something that other people needed. If they didn't have a profession, they simply became labor for those who did.

Some people supplied land they owned. Others built buildings on the land. Others tilled the ground. Professional farmers grew all kinds of crops. Everybody worked. They supported themselves.

Is it almost time to form some new co-ops? Co-ops can be made legally stronger these days, because they could be started as Private Membership associations. PMAs have been legally set in place as a sound structure, keeping standard government out.
This is my first time hearing about this  Grin sorry to ask but where exactly did this happen? I'm curious.
But come to think of it, the inflation will still affect them unless the influential among them decide to cover the less privileged by buying at high rate and distribute. Talking about farming, how about the high cost of fertilizer, chemical and seeds? Everybody will work and support each other but that does not exempt them from feeling the effects of high inflation.
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March 12, 2023, 08:52:18 PM
 #106

The cost of living is trying to kill the living. We have to work harder and longer just to afford a good life. Sometimes we don't even know how much longer we can survive. It's getting harder and harder to get by - there are many things that are easier just not possible anymore for us
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March 12, 2023, 08:58:19 PM
 #107

An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

This is the case in most of the world's regions. The USA is trying to solve their financial problems by exporting its problems to the world. They printed billions of money during the Corona pandemic to solve their problems and are now withdrawing these billions on the back of the world's economy. Unfortunately, this situation seems to be lasting for a longer term as the economic signals in the USA don't look good, so we should expect more tightening, thus fewer jobs opportunities and wages. In addition, the Russian-Ukrainian war contributed to product prices rising, which reflected more daily life expenses. My advice for everyone is to always expect the worse and drop off the luxuries from their buying lists, as well as keep on with the investment opportunities that show up from time to time.

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March 12, 2023, 09:39:16 PM
 #108

~snip~

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.

The problem with this approach is the availability of the job and demand for such kind of services.  A person must be creative and strategic on the services he should offer since when a person saw that what he is doing is profitable many will follow his steps and competition arises. 

the government must implement law that will strengthen the sources of basic needs of people.  They must also create projects that can be fruitful and alleviate the status of its citizen.

~snip~

I don't disagree with everything your said about cooperative. It is one of the potent solutions to the current food and other essential commodities crisis most people are facing due to this global economic problems. But currently, human needs has become very complex and might not be handled by cooperative. Human need more than food and other basic needs to live a comfortable life. And most of these essential commodities are controlled by big companies that are not willing to lose their influence on they have on the people. Data and airtime for internet and phone communication might not be basic needs but they are so essential that some people might not be able to survive without them.

Human needs are still the same, it became complex because of the additional unimportant wants of people.  Cooperative had been proven to be effective to help in this kind of problem.  And in times of depression the priority should be the basic needs for survival and not anything that can complicate the situation.  Afterall, it all depends on how the cooperative will deal with the rising needs of its member.

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March 12, 2023, 10:25:05 PM
 #109

Inflation and deflation are the roots of a country's problems, it's one of the government's challenges in managing a country. Rising and falling prices are a natural thing, of course there are natural factors, technical and non-technical factors that we cannot predict when they will come and go. It's just how we are able to adapt to situations and conditions until everything returns to a reasonable and normal point accompanied by the government's ability to manage a country. All countries are struggling with their respective struggles. We hope that the best solution will soon be found and the situation will improve

The government knows very well that there is inflation, they know the implication when a country enters into inflation but they don't look at the implication when they print money the way they like. When there is excess money in circulation, they print more instead of them to work on some segments of the country they have failed to perfom but they would rather not do anything than print money and use some grants and relief fund as excuse and the problem is, people collect this money from government without asking or considering the implication, it is after the deed has been done, they do realize.
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March 13, 2023, 07:53:34 AM
 #110

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
I don't think you need to hate the government in your country, almost all countries experience the same thing as you described above. I respond that the problem you described in the article above was caused by the current global economic recession, the price of every staple food is so high that it seems as if the money we have has no value. we also feel like that in our country. Under such circumstances, it is better for people who work in the government not to rely solely on their monthly salary, but they must think about how to create other opportunities that can cover the economic needs of their families every day.

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March 13, 2023, 08:30:44 AM
 #111

There's always a continuous inflation in the economy of today whereby you get to the market to buy an item to discover that after sone days the price had got inflated the more, what is now the solution the people can take in tackling this since the governments are showing incapable to control and manage the price economy system, because this is part of what contributes to high cost of living in some specific areas where it is more dominant.

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S A KHAIR
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March 13, 2023, 09:02:59 AM
 #112

There's always a continuous inflation in the economy of today whereby you get to the market to buy an item to discover that after sone days the price had got inflated the more, what is now the solution the people can take in tackling this since the governments are showing incapable to control and manage the price economy system, because this is part of what contributes to high cost of living in some specific areas where it is more dominant.

The government has neither the solution nor the ability to control them, so do you have a solution? Society is becoming more and more complicated, so management is also more and more difficult, don't blame anyone if you are poor because not everyone is poor. I am poorer than my friend, not because the government treats me badly and treats my friend well, but because I am worse than my friend.

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March 13, 2023, 09:14:31 AM
 #113

I live in a city with a living cost that I feel is about $ 300 per month, I work in a food production company and get a salary of about $ 400, and almost every month the salary runs out, but I'm happy because I can still support myself without bothering my parents, I hope after knowing cryptocurrencies can change my destiny in the future, i invest bitcoin and altcoins and i hope it will skyrocket in 3 or 4 years.

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March 13, 2023, 09:33:17 AM
 #114

sorry to hear that, some countries may experience higher inflation rates due to factors such as political instability, economic policies, or natural disasters, while others may have lower inflation rates due to more stable economic conditions or effective government policies.
However, it's not uncommon for many people around the world to experience the same difficulties you described. Inflation can be a global issue that affects people's ability to afford basic necessities like food, housing, and healthcare.
We might not know really the factor that caused some country inflation, the way I looked at it I believe that government of a country is the factor behind the high prices of things in a country, so I believe that economic management of country are the brain that brings course of high living of a country, when the financial management of country have a good control of a country its when a country can be inflation free, but a process whereby a country governing council are incompetent of management of economy of a country, a difficult living will continue to increase on a day bases. So in summary, its obvious that government of a nation are the custodian factor that behind its cause of hardship and devalue or cause of high rate prices of country currency to consumed items.

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March 13, 2023, 02:29:52 PM
 #115

indeed the situation is like that and not only in your country, but in almost all parts of the world experiencing it, the global economic crisis also hit in my country, where the price of daily needs went up, salaries did not go up but all went up.
maybe next year we will see a bright spot about the world's finances.

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March 14, 2023, 03:22:36 PM
 #116

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
This is a global misconception as we all tend to think and believe that there was a time things were better than they're now. At every point in time that people have complained of hardship, go and check it there are also people who are smiling in prosperity and affluence from that supposedly hardship. I don't know what country you're from but let me use my country Nigeria as an example. This is a trying moment for the country with complaints of scarcity of cash and inflation. Nevertheless, millionaires are also being raised in the same country at a time like this. It's really a different strokes for different folks kind of situation.

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March 14, 2023, 09:06:03 PM
 #117

Inflation and economic challenges are not unique to your country.
Many countries around the world have experienced similar challenges, particularly in recent years.
The COVID-19 pandemic has had a significant impact on the global economy, leading to rising prices and increased economic uncertainty.

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March 14, 2023, 09:10:19 PM
 #118

It's an unfortunate situation we've found our selves as human beings, for all the creatures God created, is only human being that need money to survive.
 Government control the fiat currency, they control the inflation situation of a country, they are literally holding the potatoes and also holding the knife, that's why we need Bitcoin to be an integral part of our lifestyle, so we can survive some of this inherent impediment created by government to keep us at bay.

Actually, we can survive without them by been independent of anything that comes from government. As a citizen, you don't have to wait for government to do somethings for you, you should start and do some by yourself and when you become familiar with it your self, you will always removed government from all your plans. The only thing is think they can do to affect you is the inflation, the increased in price of goods wouldn't favor people even if they earn more, at some point, you will only be working and earnings penny that can not put food on the table, that is the role of government I think can affect person but you can do without them literally.

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March 14, 2023, 09:17:38 PM
 #119

The COVID-19 pandemic has had a significant impact on the global economy, leading to rising prices and increased economic uncertainty.
And added more to the impact is this war that's still happening on Ukraine against Russia. And what's more terrible to see? The declining economy of China and that's why they're intimidating its nearby countries by taking over and claiming their sea territorials are theirs. Every time we see a decline into a big economy, they might do something truly terrifying for them to just get up from their downed economy. One of the biggest possibility is about their potential taking over and attack towards Taiwan. While Taiwan is an ally of the US, they can just attack anytime. But based on the reports that I've read and watched, they're making strongholds on the oceans near to these countries. Does these things have something to connect with the topic? Yes, because that increases the demand for oil for their machineries to move and then if some triggers happened. There will be delayed into shipping of goods that might limit the supply of those and in return, that will create price impact by making increases.


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March 14, 2023, 09:17:54 PM
 #120

The cost of living is trying to kill the living. Times are tough and with rising prices, we feel both the burden and burden of paying for things that used to be free. Each day, we face either an unexpected expense or a new problem in our personal lives that requires us to spend more money. Unfortunately, our wallets rarely recover from these tragedies once they happen
This is why some people do end up on making some criminal acts due to the hardship on day to day living due to increasing prices which these ordinary people cant be able to survive on day to day living.

We cant really do something on this since prices of goods and services do soar up high.If you dont have a job or source of income then your fucked up.What more into those people who dont have
a job or simply they dont have money for them to buy their needs? You would really be living on a miserable life which it is really that ideal on finding that source no matter what.

Economic state or problems do becomes worst and its not something new and we've been facing this thing ever since.

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March 14, 2023, 10:50:02 PM
 #121

The majority of the world, in my opinion, is experiencing high inflation, however there are some nations where it is far higher. I can't dispute the reality that I am also impacted by the high cost of living in our nation, which is caused by a variety of circumstances including a high demand for and a limited supply of basic needs and natural disasters. We may help ourselves by finding side jobs, remaining frugal, saving any money we can, and only purchasing what is required. Although difficult, that is the only thing we can do right now.
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March 14, 2023, 11:47:59 PM
 #122

Inflation is a general thing but is much higher in some countries, and to combat it, people living in the country where it's much higher must learn how to cut down on their spending and always have a plan for spending the money they earn to avoid extravagant spending. Even in my country here, the light bill I was paying in early 2022 has increased by almost 20% since last year and now this year, and even most items in some groceries have gone up by a significant amount. If you, as a person, decide not to manage your finances so well now, you will always end up in debt.

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Iadegbola34
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June 14, 2023, 01:09:40 PM
 #123

Every day, prices go up, but our salaries as civil servants stay the same. It's a struggle to cover basic needs like food, water, rent, and electricity. I can't imagine how tough it must be for families with lots of kids.

And you know what's infuriating? The government and its agencies seem to be doing nothing or next to nothing to control the skyrocketing costs. It's wreaking havoc on so many lives, and the situation keeps getting worse day by day.
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June 14, 2023, 01:28:33 PM
 #124

Everyone does feel this, because our cost of living is getting bigger but our income is still as before, and this must be a design from the government to overcome the problem not to magnify problems such as raising the price of goods so that the community will be more difficult to meet the needs of life, so we as a society must also be able to manage the cost of living that we must adjust to the income we have today, Don't buy something that is not important and we only use it for a moment, of course this is a waste that will destroy our economy.

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Davian144
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June 14, 2023, 02:48:28 PM
 #125

Every day, prices go up, but our salaries as civil servants stay the same. It's a struggle to cover basic needs like food, water, rent, and electricity. I can't imagine how tough it must be for families with lots of kids.
This is indeed unimaginable because there are already many people who have experienced difficulties from this, so that the current civil servants are still looking for other jobs as support in their lives. And I think that is a very appropriate thing for civil servants to do in order to support their lives by earning income from work other than what they get through salary as civil servants, which in general is no longer sufficient.

Quote
And you know what's infuriating? The government and its agencies seem to be doing nothing or next to nothing to control the skyrocketing costs. It's wreaking havoc on so many lives, and the situation keeps getting worse day by day.
The skyrocketing costs or prices of basic goods at this time are indeed difficult for the government to fully control so that every citizen is forced to work more than being a civil servant. If you think about it, it really sucks, but complaining and being angry with the government won't solve any problems in life, unless everyone wants to find a side job to earn income that can help them to ease the burden of expenses from the costs that have increased so far.
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June 14, 2023, 05:23:43 PM
 #126

Every day, prices go up, but our salaries as civil servants stay the same. It's a struggle to cover basic needs like food, water, rent, and electricity. I can't imagine how tough it must be for families with lots of kids.
This is indeed unimaginable because there are already many people who have experienced difficulties from this, so that the current civil servants are still looking for other jobs as support in their lives. And I think that is a very appropriate thing for civil servants to do in order to support their lives by earning income from work other than what they get through salary as civil servants, which in general is no longer sufficient.

Quote
And you know what's infuriating? The government and its agencies seem to be doing nothing or next to nothing to control the skyrocketing costs. It's wreaking havoc on so many lives, and the situation keeps getting worse day by day.
The skyrocketing costs or prices of basic goods at this time are indeed difficult for the government to fully control so that every citizen is forced to work more than being a civil servant. If you think about it, it really sucks, but complaining and being angry with the government won't solve any problems in life, unless everyone wants to find a side job to earn income that can help them to ease the burden of expenses from the costs that have increased so far.



All are feel this  because due to all life expense are increased now a days and also our income in old range only and society problems are not increased and the solve the problems and following the  government  structure and fulfill of life is very difficult and one society we to solve the problems an fixed the expense and this will now a days salary include and match with this .

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June 14, 2023, 05:45:02 PM
 #127

but everyone needs living expenses to at least allow him to buy what is needed . what they killed was not because of the cost of their lives. but because of the will of their prestige who want to have expensive things like those of their friends. this thing can kill him. if it's just to meet the necessities of life the cost won't be expensive, but if it's for goods to cover prestige it's very expensive.

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June 14, 2023, 07:47:33 PM
 #128

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.
Financial experts would always advice to live below your means. And I agree with them. Some individuals do not need a car. They know it is costing them too much every month for repairs, maintenance, and all but they still own one. They can actually take the bus, tram, or train to work which would be cost effective, but they want to drive a car. This is an example of what increases the cost of living. Another point is that if you have small kids and can't afford money for their school, they can be home schooled by either you or your spouse. It saves you money too. They can return to school when it is most crucial. These are some strategies to cut costs. It cost of living isn't going down anytime soon and we must adapt and make pretty smart choices.

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AmoreJaz
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June 14, 2023, 11:03:40 PM
 #129

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.
Financial experts would always advice to live below your means. And I agree with them. Some individuals do not need a car. They know it is costing them too much every month for repairs, maintenance, and all but they still own one. They can actually take the bus, tram, or train to work which would be cost effective, but they want to drive a car. This is an example of what increases the cost of living. Another point is that if you have small kids and can't afford money for their school, they can be home schooled by either you or your spouse. It saves you money too. They can return to school when it is most crucial. These are some strategies to cut costs. It cost of living isn't going down anytime soon and we must adapt and make pretty smart choices.

life's choices really tell you how much you will spend for yourself. but if your main goal is just to survive and address your basic needs, maybe, this won't be a hard feat.
check each of your activity and see where you can save money. maybe some of them are just luxury to most that you can cut off like just brewing your own coffee or making your own lunch.

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June 14, 2023, 11:19:04 PM
 #130

Living expenses if only for necessities such as food or monthly payments are reasonable. But usually people are too ambitious to fulfill their prestige with goods that are very expensive but those goods that cannot be stored for a long time will experience price erosion. Therefore, people who think the cost of living is expensive are those who continue to obey their prestige even though it is only their desire to be able to have things like other people have even though it is not a necessity of their life.
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June 14, 2023, 11:46:20 PM
 #131

Every day, prices go up, but our salaries as civil servants stay the same. It's a struggle to cover basic needs like food, water, rent, and electricity. I can't imagine how tough it must be for families with lots of kids.
The solution is to overcome the increasingly expensive cost of living. Apart from investment, perhaps another solution is to increase income. For example, being a YouTuber, trading online, etc. Then to reduce consumptive spending, every family must have an independent food self-sufficiency initiative. we should start planting plants that are productive. For example planting chilies, tomatoes, ginger etc. in the yard of the house.

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And you know what's infuriating? The government and its agencies seem to be doing nothing or next to nothing to control the skyrocketing costs. It's wreaking havoc on so many lives, and the situation keeps getting worse day by day.
The solution is not just depending on the government, or just praying, but we can also start from small steps starting from ourselves. Don't expect too much from the government, no matter how good the program from the government, if officials like corruption, it still makes people disappointed with the government.

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Iroh
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June 14, 2023, 11:57:04 PM
 #132

And you know what's infuriating? The government and its agencies seem to be doing nothing or next to nothing to control the skyrocketing costs. It's wreaking havoc on so many lives, and the situation keeps getting worse day by day.

The government and its agencies seem not to be doing anything to bring under control the skyrocketing prices of goods and services cause they’re probably not doing anything about it. Obviously, it’s getting worse and putting a lot of pressure and strain on middle to lower income households.

You can’t wait for the government to help alleviate your sufferings cause help would come(if it does), when it’s too late. You would have to take the reins yourself and determine your own future. Get another job or learn a skill where you could earn some more money so you wouldn’t feel the inflation bite that much.
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June 15, 2023, 04:30:23 AM
 #133

Living expenses if only for necessities such as food or monthly payments are reasonable. But usually people are too ambitious to fulfill their prestige with goods that are very expensive but those goods that cannot be stored for a long time will experience price erosion. Therefore, people who think the cost of living is expensive are those who continue to obey their prestige even though it is only their desire to be able to have things like other people have even though it is not a necessity of their life.
Very much agree with what you say. because basically what makes the cost of living heavier is when we are not good at managing finances. like a waste of money. spending can be said to be a waste when what we buy we don't really need. For example, always buying the latest cellphones even though the old cellphones are still functioning properly and are still efficient enough for work and also for communication. but sometimes a lifestyle that follows prestige has made someone to live a life that is not easy.

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June 15, 2023, 05:21:45 AM
 #134

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

In this case, my view is that both government and private employees also feel it, but what is certain is that the amount of salary earned depends on rank and position, especially if we work in the government. I think the standard salary set by the Government is the same for all of them. Now, those who have rank and position in the lower middle class are very affected and very much felt, especially lately with the increasing cost of living and this is indeed a significant concern for many individuals because basic needs are increasingly unaffordable, making life more challenging, especially for families with children plus the lack of effective government intervention exacerbates the situation should the government increase salaries so that a balance occurs and employees can work in peace and this is one of the keys to closing the potential for corruption in an agency or institution.

I think it is also the Government's job to be able to implement measures to stabilize prices, control inflation, or provide assistance to vulnerable populations even though we know there are also efforts by the Government, policy makers and economists who often seek to implement strategies to overcome economic disparities and increase standard of living of its citizens.


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June 15, 2023, 09:42:21 AM
 #135

but everyone needs living expenses to at least allow him to buy what is needed . what they killed was not because of the cost of their lives. but because of the will of their prestige who want to have expensive things like those of their friends. this thing can kill him. if it's just to meet the necessities of life the cost won't be expensive, but if it's for goods to cover prestige it's very expensive.
You have a good point. Even if the basic necessities be it goods or services have undeniably become more costly these days, as long as you have your own source of income, you will get to live and survive. However, if you aim things that are above your means, like adopting luxuries in life because other people are into it, then you will really struggle in your finances and won’t be able to live your life according to what you want. But if you just chose to live within your means, live simply just like before, I guess that will never cause your life to struggle.

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June 15, 2023, 11:50:48 AM
 #136

You have a good point. Even if the basic necessities be it goods or services have undeniably become more costly these days, as long as you have your own source of income, you will get to live and survive. However, if you aim things that are above your means, like adopting luxuries in life because other people are into it, then you will really struggle in your finances and won’t be able to live your life according to what you want. But if you just chose to live within your means, live simply just like before, I guess that will never cause your life to struggle.
I am sure that you can move in parallel, while improving your standard of living and at the same time creating investments that will make you a wealthy person in the future.

There is nothing impossible in this, if you are able to plan everything for months and years, then you will have a vision of how this can be achieved. Living within your means is also not the worst option, I lived like this and there is nothing wrong with that, but I am sure that everyone can achieve more, with proper motivation.

If you really want something, then you will achieve it, even when it seems that the crisis worsens our lives, there are areas that are developing, there are professions that will be more in demand, there is no need to focus on one thing if you cannot achieve a result in one place, it may be worth considering a change of place.
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June 15, 2023, 12:11:48 PM
 #137

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

When I look at your description and username I think you live in Turkey. Unfortunately, in today's conditions the prices of products are changing every day in Turkey and the purchasing power of households is getting lower day by day. The Turkish Lira which loses value day by day especially due to the mistakes made in the country's management and economic decisions unfortunately causes the Turkish people to experience more difficult days.

In today's conditions in Turkey, there is a minimum wage worker of over 60%. The rest, unfortunately work with a salary slightly above the minimum wage. Unfortunately, these salaries are not enough for basic living expenses and in some provinces they are unable to even cover the rent. For these reasons it became impossible to save or to live above the standard.

Due to the economy, which is taking firm steps towards the worse with each passing day, both the young generation and today's children are unfortunately worried about the future in Turkey's conditions.
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June 15, 2023, 12:25:48 PM
 #138

As technology advances, the average standard of living tends to become more frugal. Inflation indeed has a significant impact on a country's economy, compelling individuals to work harder each day to augment their income.

For those with specialized skills, such as professionals, they have the ability to raise their rates in response to inflation. However, for employees working in companies, they can only hope for their bosses' awareness of this situation. A considerate employer will increase salaries, but an indifferent boss may leave their employees' wages unchanged.

The solution lies in seeking additional sources of income through side jobs to generate more money.
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June 15, 2023, 02:02:50 PM
 #139

~snip~

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.

This is not applicable for everyone, you know that. We all have different privilege in life, most of us doesn't even have the skills to have extra jobs because of their current life situation or their health. Funny thing about the government is they just don't really care if there are people suffering in their country, what they care the most is the money they can get while they are sitting in their position as a politician.
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June 15, 2023, 02:18:43 PM
 #140

~snip~

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.

This is not applicable for everyone, you know that. We all have different privilege in life, most of us doesn't even have the skills to have extra jobs because of their current life situation or their health. Funny thing about the government is they just don't really care if there are people suffering in their country, what they care the most is the money they can get while they are sitting in their position as a politician.

We can learn new skills if we are just determined; even uneducated people do it, like those mechanic people. They are usually construction workers, but they are eager to have an extra income, so they go to their friends and ask them to teach or just watch them. As long as the person is determined, they can learn new skills for additional income. Also, we should not rely on the government; we should work on our own, as we know that the government is like a turtle. Upskill and find extra income, but again, this is not easy as you will be going down a rough road.
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June 15, 2023, 02:29:05 PM
 #141

The solution is not just depending on the government, or just praying, but we can also start from small steps starting from ourselves. Don't expect too much from the government, no matter how good the program from the government, if officials like corruption, it still makes people disappointed with the government.
Officials in a country are basically elected by their own people so that the people must also realize this besides not having to depend forever on the government because everyone who wants more income in their life certainly has to work more hard. Whether it's by opening a business or by utilizing existing resources, because without that it will always be difficult to cope with spending money which is increasing day by day in life. I also agree not to expect much from the government, but every citizen also cannot forget the government because that is the seat of leadership for every country.
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June 15, 2023, 02:42:04 PM
 #142

I'm sure, you are among the few people who feel affected by inflation which makes life more difficult. You have to learn from people who are still able to meet their needs even though they are in a state of economic difficulty, the first thing you have to do is balance income with expenses.

Living in the midst of high purchase prices is like worms in the desert, let alone having many children who are still in education. You need to break through a comfortable point to get out of the problems you are facing by looking for additional work to increase your monthly income. People who have a zest for life will do anything to maintain economic stability, they are willing to cut down on rest hours to get extra income.

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June 15, 2023, 04:35:18 PM
 #143

It is true that there are economic difficulties facing many countries, especially in the wake of the COVID-19 pandemic and its impact on inflation. There are limits to how governments can effectively deal with these problems, and individuals should strive to be more independent in managing their finances. Even so, there can be many reasons why people are not able to take advantage of such opportunities, even if they do exist. Some individuals may lack the necessary skills, time, or interests. Others may face restrictions due to employment, health, or other personal circumstances. Addressing economic problems therefore requires a multifaceted approach involving not only individual efforts but also systemic changes, government policies, and institutions. support mechanism.
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June 15, 2023, 08:30:49 PM
 #144

The solution is not just depending on the government, or just praying, but we can also start from small steps starting from ourselves. Don't expect too much from the government, no matter how good the program from the government, if officials like corruption, it still makes people disappointed with the government.
Officials in a country are basically elected by their own people so that the people must also realize this besides not having to depend forever on the government because everyone who wants more income in their life certainly has to work more hard. Whether it's by opening a business or by utilizing existing resources, because without that it will always be difficult to cope with spending money which is increasing day by day in life. I also agree not to expect much from the government, but every citizen also cannot forget the government because that is the seat of leadership for every country.
The government's role is still important, such as in maintaining the security of a country. But for every individualistic economic condition, of course we cannot always depend on the government. because we are fully responsible for our own lives and the Government may only be a provider of facilities and still we have to work hard if we want to have better changes in our lives. I personally started with a prayer to Allah SWT. and after that I tried harder to get in better shape.

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June 15, 2023, 08:41:51 PM
 #145

The solution is not just depending on the government, or just praying, but we can also start from small steps starting from ourselves. Don't expect too much from the government, no matter how good the program from the government, if officials like corruption, it still makes people disappointed with the government.
Officials in a country are basically elected by their own people so that the people must also realize this besides not having to depend forever on the government because everyone who wants more income in their life certainly has to work more hard. Whether it's by opening a business or by utilizing existing resources, because without that it will always be difficult to cope with spending money which is increasing day by day in life. I also agree not to expect much from the government, but every citizen also cannot forget the government because that is the seat of leadership for every country.
The government's role is still important, such as in maintaining the security of a country. But for every individualistic economic condition, of course we cannot always depend on the government. because we are fully responsible for our own lives and the Government may only be a provider of facilities and still we have to work hard if we want to have better changes in our lives. I personally started with a prayer to Allah SWT. and after that I tried harder to get in better shape.
You cant really blame out those people who do always have that bad views and impressions towards government considering on what those bullshit things that they have done but its true that they are really that still
playing a huge role when it comes to the economy or a certain country on which they would really be the ones on having the control and on what are the things that should really be needed to be done for its citizens.
We might be having  that bad impressions towards them but in speaking about their functions then it wouldnt really be neglected. We know that there are things which cant  really be controlled out like market prices
on which there are people who cant really just think off and make out some blaming directly into the government because their living is already that doomed because of high prices and high cost of services
which it would really be that something out of control of governments hands. We shouldnt really be having  that kind of pointing of fingers just because we've been struggling on living.
The key on here is to find more source of income so that you could be able to sustain.

R


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June 15, 2023, 09:32:55 PM
 #146

Cost of living? I am not sure bro are you getting the point or not because if you are talking about just living inflation and all the economic crisis has nothing to do with it? In just living you don't need to pay an internet Bill, Huge electricity Bills huge Gas bills, and other luxuries which are not part of living. I am not sam not to use electricity I am saying that those who want to spend a simple life can live under the Fan rather than using the AC. Similarly, he can use a Bicycle rather than Car or Motorbike. So the point is Inflation damaged the Standards of living.

So you should say Standards of living are trying to kill the living and that is really happening. There are some other major concerns rather than this temporary inflation we getting out of resources.

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June 15, 2023, 09:41:42 PM
 #147

Cost of living? I am not sure bro are you getting the point or not because if you are talking about just living inflation and all the economic crisis has nothing to do with it? In just living you don't need to pay an internet Bill, Huge electricity Bills huge Gas bills, and other luxuries which are not part of living. I am not sam not to use electricity I am saying that those who want to spend a simple life can live under the Fan rather than using the AC. Similarly, he can use a Bicycle rather than Car or Motorbike. So the point is Inflation damaged the Standards of living.

So you should say Standards of living are trying to kill the living and that is really happening. There are some other major concerns rather than this temporary inflation we getting out of resources.
In this case it may be more about how we distinguish between primary, secondary and tertiary needs.
what you said is true and there is nothing wrong with it because indeed the electricity bills, internet etc. that you mentioned cannot be released but it is actually included in the current primary needs in my opinion because it is the same as the needs in food for now because I feel that I feel almost frustrated when there is no electricity or internet. but on the other hand of course we also have to be able to limit spending and other lifestyles must be considered such as when we can choose something ordinary in secondary needs such as gadgets or maybe even vehicles do not need to feel burdened with it as long as what we have can still be used then it does not matter.
The condition that occurs for some people is where ego and prestige are bigger which makes them forget to be realistic and not appreciate what they have which makes them continue to be hedon humans which actually makes it more difficult for them to maintain conditions where inflation and the needs of life are getting bigger.

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June 15, 2023, 10:18:17 PM
 #148

It is true that there are economic difficulties facing many countries, especially in the wake of the COVID-19 pandemic and its impact on inflation. There are limits to how governments can effectively deal with these problems, and individuals should strive to be more independent in managing their finances. Even so, there can be many reasons why people are not able to take advantage of such opportunities, even if they do exist. Some individuals may lack the necessary skills, time, or interests. Others may face restrictions due to employment, health, or other personal circumstances. Addressing economic problems therefore requires a multifaceted approach involving not only individual efforts but also systemic changes, government policies, and institutions. support mechanism.
Well, in some countries even how hard and put your best in dealing with these hikes people are still struggling. I guess there is no skip on this one and we do have to deal on it with every inch that we can.

Rise of layoffs, high cost of living and inflation. Things are becoming harder this time but I still believe that it won't be like this forever, there will be some point maybe in the nearest future that everything is gonna be back at least at some point and that's an ease for many people.

Look for as much opportunity as you can and be wiser more than you can be in handling finances.

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June 15, 2023, 10:35:08 PM
 #149

It is true that there are economic difficulties facing many countries, especially in the wake of the COVID-19 pandemic and its impact on inflation. There are limits to how governments can effectively deal with these problems, and individuals should strive to be more independent in managing their finances. Even so, there can be many reasons why people are not able to take advantage of such opportunities, even if they do exist. Some individuals may lack the necessary skills, time, or interests. Others may face restrictions due to employment, health, or other personal circumstances. Addressing economic problems therefore requires a multifaceted approach involving not only individual efforts but also systemic changes, government policies, and institutions. support mechanism.
Well, in some countries even how hard and put your best in dealing with these hikes people are still struggling. I guess there is no skip on this one and we do have to deal on it with every inch that we can.

Rise of layoffs, high cost of living and inflation. Things are becoming harder this time but I still believe that it won't be like this forever, there will be some point maybe in the nearest future that everything is gonna be back at least at some point and that's an ease for many people.

Look for as much opportunity as you can and be wiser more than you can be in handling finances.

It's rare to find a person that believes the high cost of produces, house rents and devaluation of fiats will come to a halt in future. I don't doubt it, but such a beneficial change also needs a strong event to enforce it. Everything lies in the hands of the people and government. In some countries where prices of goods are not regulated, sellers may not reduce the prices of goods if the price drops. Countless times I've noticed that citizens also add to the difficulty we face today; economic meltdown, price hikes etc out of greed. It's hard to survive in a world with corrupt citizens and government.

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June 15, 2023, 11:21:45 PM
 #150

The government's role is still important, such as in maintaining the security of a country. But for every individualistic economic condition, of course we cannot always depend on the government. because we are fully responsible for our own lives and the Government may only be a provider of facilities and still we have to work hard if we want to have better changes in our lives. I personally started with a prayer to Allah SWT. and after that I tried harder to get in better shape.
You cant really blame out those people who do always have that bad views and impressions towards government considering on what those bullshit things that they have done but its true that they are really that still
playing a huge role when it comes to the economy or a certain country on which they would really be the ones on having the control and on what are the things that should really be needed to be done for its citizens.
We might be having  that bad impressions towards them but in speaking about their functions then it wouldnt really be neglected. We know that there are things which cant  really be controlled out like market prices
on which there are people who cant really just think off and make out some blaming directly into the government because their living is already that doomed because of high prices and high cost of services
which it would really be that something out of control of governments hands. We shouldnt really be having  that kind of pointing of fingers just because we've been struggling on living.
The key on here is to find more source of income so that you could be able to sustain.
So true. We are actually free to blame the government. especially if we are in a democracy. where the real leader is the people. so that the people have the right to criticize their government for the sake of improvement in a better direction. But there is a difference between depending on the government and blaming the government. So what we have to avoid from our mindset is to depend on the government. not only to the government but we also should not be too dependent on others. because right now there's not even much we can trust other than ourselves. And yes I agree that the solution to the problem and indeed the goal of all of us is to have more income.

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June 16, 2023, 09:36:38 AM
 #151

It's rare to find a person that believes the high cost of produces, house rents and devaluation of fiats will come to a halt in future. I don't doubt it, but such a beneficial change also needs a strong event to enforce it. Everything lies in the hands of the people and government. In some countries where prices of goods are not regulated, sellers may not reduce the prices of goods if the price drops. Countless times I've noticed that citizens also add to the difficulty we face today; economic meltdown, price hikes etc out of greed. It's hard to survive in a world with corrupt citizens and government.

Your concerns about rising cost of living due to inflation and declining value of currencies is quite understandable, which has made life difficult for general public. It is also true that sellers generally don't reduce the price in countries where government regulations are not strict, despite reduction in inflation rate. In a free market economy, the prices are primarily determined by demand and supply rule which can effectively work if citizen play their due role to mitigate impact of inflation by making informed decision of purchasing avoiding to buy goods from outlets where they perceive that prices are higher compared to other markets.









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June 16, 2023, 10:04:49 AM
 #152

It is true that there are economic difficulties facing many countries, especially in the wake of the COVID-19 pandemic and its impact on inflation. There are limits to how governments can effectively deal with these problems, and individuals should strive to be more independent in managing their finances. Even so, there can be many reasons why people are not able to take advantage of such opportunities, even if they do exist. Some individuals may lack the necessary skills, time, or interests. Others may face restrictions due to employment, health, or other personal circumstances. Addressing economic problems therefore requires a multifaceted approach involving not only individual efforts but also systemic changes, government policies, and institutions. support mechanism.
Well, in some countries even how hard and put your best in dealing with these hikes people are still struggling. I guess there is no skip on this one and we do have to deal on it with every inch that we can.

Rise of layoffs, high cost of living and inflation. Things are becoming harder this time but I still believe that it won't be like this forever, there will be some point maybe in the nearest future that everything is gonna be back at least at some point and that's an ease for many people.

Look for as much opportunity as you can and be wiser more than you can be in handling finances.
Amidst the high cost of living, coupled with the difficulty of finding something that we will use to survive, that ultimately makes the situation even more difficult. I often think, someone who is relatively well-off says that they have difficulties and go through life, moreover, those who have had it difficult from the start when things were still normal.
I am also the same as you, that I believe that this will not be forever, and I hope that in the near future everything will return to normal and even better than before. What we can do now is keep trying so we don't fall to the point where it's even more difficult for us.

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June 16, 2023, 10:10:31 AM
 #153

According to my limited understanding of economics, governments and economists seek to keep inflation at or around 2%. At its most basic, they do this to encourage money to "stay in the system." If there was no inflation, there would be less incentive to invest and more cause to save. If you invest money, it means that someone can use it to support his ideas and give you a portion of his profits in return. As a result, your money has been made.

The cost of living always SEEMS to rise because, as a result of this policy, your money will be worth less next year than it was this year, causing you to pay more for the same goods and services.

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June 16, 2023, 10:27:06 AM
 #154

So true. We are actually free to blame the government. especially if we are in a democracy. where the real leader is the people. so that the people have the right to criticize their government for the sake of improvement in a better direction. But there is a difference between depending on the government and blaming the government. So what we have to avoid from our mindset is to depend on the government. not only to the government but we also should not be too dependent on others. because right now there's not even much we can trust other than ourselves. And yes I agree that the solution to the problem and indeed the goal of all of us is to have more income.
How will criticism of the government help you if it is not able to influence politicians? If the country has a high level of corruption, then there will be no order in the country, the government will not think about the well-being of their country, everyone will only care about their own well-being.

But under such conditions, the economy will not be able to develop properly, because many resources will be plundered. In any situation, we ourselves should take care of the well-being of our families, but I'm not sure that we can influence the situation in the government, it seems impossible to me.
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June 16, 2023, 10:39:57 AM
 #155

The government's role is still important, such as in maintaining the security of a country. But for every individualistic economic condition, of course we cannot always depend on the government. because we are fully responsible for our own lives and the Government may only be a provider of facilities and still we have to work hard if we want to have better changes in our lives. I personally started with a prayer to Allah SWT. and after that I tried harder to get in better shape.
The public facilities provided by the government are also only limited to supporting everyone's life because it is true as you said that everyone is always fully responsible for himself if he wants to develop and be successful in life, so he chooses to continue working without feeling being lazy or bored is something that is more appropriate and wise enough for everyone to do. And I also don't stop working after praying in the morning before starting my usual activities.
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June 16, 2023, 11:14:26 AM
 #156

I am seeing those couples that have a lot of children and looking at some background of their lives, they're not even having a stable source of income. But despite that, they're still able to survive thanks to their own strategic and gumptious way of living.

If the country has a high level of corruption, then there will be no order in the country, the government will not think about the well-being of their country, everyone will only care about their own well-being.
This is a sad reality for some or should I say many countries. Those that has high corruption index are not really for the welfare of their people but only for the welfare of the politicians pockets.

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June 16, 2023, 02:08:36 PM
 #157

This sounds funny though but in the real sense, it is the reality. According to your speculations,  the world is going through economic recession, the rate of inflation is getting out of hand and the economic meltdown is beginning to dawn on nation's and their nationals.
No work, no employment, no nothing to show for but you will have many things to think of but no way to fix them up because  of the  constriant. Wink.

How does the average human survive at this point in time when things are just this ways.

Truly, the cost of living is trying to kill the living

.
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June 16, 2023, 04:13:05 PM
 #158

Cost of living? I am not sure bro are you getting the point or not because if you are talking about just living inflation and all the economic crisis has nothing to do with it? In just living you don't need to pay an internet Bill, Huge electricity Bills huge Gas bills, and other luxuries which are not part of living. I am not sam not to use electricity I am saying that those who want to spend a simple life can live under the Fan rather than using the AC. Similarly, he can use a Bicycle rather than Car or Motorbike. So the point is Inflation damaged the Standards of living.

So you should say Standards of living are trying to kill the living and that is really happening. There are some other major concerns rather than this temporary inflation we getting out of resources.

Unfortunately, we see and experience that the quality of life is decreasing day by day due to inflation. All of the savings or minimalized living measures you mentioned are necessary for you to continue your daily life but as I see from your comment, you have to make decisions that will lower your quality of life in order to reduce these costs. What you have mentioned here is actually reducing your costs by continuing your life in a more simplified way instead of being crushed under the living costs. The main reason for this is the rising cost of living which prevents you from living properly. Constantly rising living costs push households to either live at lower cost or suffer under rising costs.
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June 16, 2023, 09:01:24 PM
 #159

The global economy is broken at this moment and suffering a lot. So I guess that's the condition all around the world. In my country, the story is the same. I am not with the government nor against it. Because if inflation happens in one part of the world, it will have effect all over the world. Import and export is the key behind it. Some important stuffs you need for day to day living could only be achieved from importing. When you import them from a country which is facing inflation, the price start to vary.
But when you are already facing inflation, the government plays a key role on how people will be able to fight against it. Proper working environment, business or job opportunity and other things needs to be provided to people in order to improve their life. This is where the government is needed, but it also needs the people to give their hands in order to help the government. If both party agrees and take the steps require for that, they this issue could be solved. Inflation is a thing which will happen time to time. So we should prepare for it beforehand.
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June 16, 2023, 09:15:58 PM
 #160

Living expenses if only for necessities such as food or monthly payments are reasonable. But usually people are too ambitious to fulfill their prestige with goods that are very expensive but those goods that cannot be stored for a long time will experience price erosion. Therefore, people who think the cost of living is expensive are those who continue to obey their prestige even though it is only their desire to be able to have things like other people have even though it is not a necessity of their life.
We can always chose to live simply even if inflation is here for good. As long as you have your own job to support and pay your monthly bills, then rest assured that you will still survive despite of the goods and services prices that continue to surge. But if you live life according to the norms and trends in your surroundings, then expect that your finances will never be enough. The cost of living will certainly kill you in the end.
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June 16, 2023, 09:45:03 PM
 #161

Living expenses if only for necessities such as food or monthly payments are reasonable. But usually people are too ambitious to fulfill their prestige with goods that are very expensive but those goods that cannot be stored for a long time will experience price erosion. Therefore, people who think the cost of living is expensive are those who continue to obey their prestige even though it is only their desire to be able to have things like other people have even though it is not a necessity of their life.
We can always chose to live simply even if inflation is here for good. As long as you have your own job to support and pay your monthly bills, then rest assured that you will still survive despite of the goods and services prices that continue to surge. But if you live life according to the norms and trends in your surroundings, then expect that your finances will never be enough. The cost of living will certainly kill you in the end.
You shouldn't really be limiting out yourself on this kind of pace on which you would sole relying with your day job on paying up your bills and depending your life according into it.Well, there's no other choice but

we could really be having other options on which we could really still be able to engage on, on which we could really be able to find other sources on which we could really potentially make more income.
Dont limit yourself on one source because the more the better and we know that living on this world does have lots of factors affecting us on which inflation and economic problems are really on the way, which means that if you are really just that simply relying on your dayjob paycheck the there would really be coming a time that those earnings wont really be that sufficient.

Cost of living is never been getting that cheaper but rather the opposite. We should just accept that reality and instead on making yourself idle then it would be wise on finding up other
ways or methods on which you could really save up yourself on such condition specially in hardship on having money or stable finances.

R


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June 16, 2023, 10:01:01 PM
 #162

This sounds funny though but in the real sense, it is the reality. According to your speculations,  the world is going through economic recession, the rate of inflation is getting out of hand and the economic meltdown is beginning to dawn on nation's and their nationals.
No work, no employment, no nothing to show for but you will have many things to think of but no way to fix them up because  of the  constriant. Wink.

How does the average human survive at this point in time when things are just this ways.

Truly, the cost of living is trying to kill the living



I believe that this issue that is delighted upon is more problematic in some countries than it is in other countries because, even though the inflation rate is very high in most countries, in other countries, at least most things have not yet been heavily inflated. Also, in the first world country, where some employers pay their staff daily depending on the kind of job they are doing, the employee has the privilege of doing three or four jobs at a time hourly and receiving payment every day, which could at least help them to cover the fees for their needs, but in the third world country, it's not like that; you work for 26 days in a month excluding Sundays, then you receive a very poor payment that cannot even cover half of your needs for that month, I believe that's why OP said cost of living is Killing the living.

Cheers 🥂, Dr.Bitcoin_Strange 👺👺

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June 16, 2023, 10:15:07 PM
 #163

Living expenses if only for necessities such as food or monthly payments are reasonable. But usually people are too ambitious to fulfill their prestige with goods that are very expensive but those goods that cannot be stored for a long time will experience price erosion. Therefore, people who think the cost of living is expensive are those who continue to obey their prestige even though it is only their desire to be able to have things like other people have even though it is not a necessity of their life.
We can always chose to live simply even if inflation is here for good. As long as you have your own job to support and pay your monthly bills, then rest assured that you will still survive despite of the goods and services prices that continue to surge. But if you live life according to the norms and trends in your surroundings, then expect that your finances will never be enough. The cost of living will certainly kill you in the end.
well in the end it all depends on how we live our daily lives. Do choose to live simply and buy only what is necessary and avoid any unnecessary purchases. or instead choose to live in luxury and always prioritize a style that follows trends which in the end will indeed burden his personal life. And yes, if we want to survive even in a state of high inflation in a country. then choosing to live simply is the most reasonable and wise.

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June 16, 2023, 10:32:19 PM
 #164

Well, in some countries even how hard and put your best in dealing with these hikes people are still struggling. I guess there is no skip on this one and we do have to deal on it with every inch that we can.

Rise of layoffs, high cost of living and inflation. Things are becoming harder this time but I still believe that it won't be like this forever, there will be some point maybe in the nearest future that everything is gonna be back at least at some point and that's an ease for many people.

Look for as much opportunity as you can and be wiser more than you can be in handling finances.
It's rare to find a person that believes the high cost of produces, house rents and devaluation of fiats will come to a halt in future. I don't doubt it, but such a beneficial change also needs a strong event to enforce it. Everything lies in the hands of the people and government. In some countries where prices of goods are not regulated, sellers may not reduce the prices of goods if the price drops. Countless times I've noticed that citizens also add to the difficulty we face today; economic meltdown, price hikes etc out of greed. It's hard to survive in a world with corrupt citizens and government.
I agree, whether the economy seems to be good and back but the prices of the commodities and usual goods that we consume won't be back to its former price.

These merchants, businessmen, suppliers and producers won't be in favor of that. Since the price that has increased, people will just get used to it and that's why the solution is to make more money.

But I'm still hopeful even if the chance is like 0.1% of seeing it back.

Amidst the high cost of living, coupled with the difficulty of finding something that we will use to survive, that ultimately makes the situation even more difficult. I often think, someone who is relatively well-off says that they have difficulties and go through life, moreover, those who have had it difficult from the start when things were still normal.
I am also the same as you, that I believe that this will not be forever, and I hope that in the near future everything will return to normal and even better than before. What we can do now is keep trying so we don't fall to the point where it's even more difficult for us.
When the middle class and some well off people are complaining and they're also not exempted on these high cost of living, there's the visibility of the problem.

And if they're struggling, how much more those that are below their lines and status of living.

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June 17, 2023, 08:52:08 AM
 #165

Mate, this isn't just a problem in your country; it's also a problem in mine. Prices are just going up every day, making it impossible to buy something today and expect to pay the same price tomorrow. I've come to the realization that as we get older in this world, the problems only get worse. You can't compare young to adulthood at this point, when the economy is always in bad shape with high prices for goods, but that shouldn't matter much. Keep up the good work. God will undoubtedly provide for us.

R


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June 17, 2023, 10:10:17 AM
 #166

Mate, this isn't just a problem in your country; it's also a problem in mine. Prices are just going up every day, making it impossible to buy something today and expect to pay the same price tomorrow. I've come to the realization that as we get older in this world, the problems only get worse. You can't compare young to adulthood at this point, when the economy is always in bad shape with high prices for goods, but that shouldn't matter much. Keep up the good work. God will undoubtedly provide for us.
Things change all the time and economic growth forces many people to look for loopholes to cover the increasingly high cost of living. The economic crisis, salary imbalance and rising basic prices are a big problem for some people today, what can be done when such a life continues to worsen conditions and those in authority do not try to solve the problem. One cannot rely on other people or institutions to solve problems and there is no point in continuing to blame them.

Do something to find a solution to this problem and try to live by a much more frugal standard and not spend money on things you don't need. If it's not ourselves trying to find a solution then hoping someone else will solve the problem is pointless and time doesn't wait for us to find a solution because it will keep going.

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June 17, 2023, 10:14:45 AM
 #167

Mate, this isn't just a problem in your country; it's also a problem in mine. Prices are just going up every day, making it impossible to buy something today and expect to pay the same price tomorrow. I've come to the realization that as we get older in this world, the problems only get worse. You can't compare young to adulthood at this point, when the economy is always in bad shape with high prices for goods, but that shouldn't matter much. Keep up the good work. God will undoubtedly provide for us.

I hope too, but as of the moment, what we can do is find another source of income so that we can cope with this inflation because if we don't, we will still keep struggling in this world. That is why others are sacrificing their time and sleep so that they can cater to another job because right now one job is not enough unless you have a ton of salary. That is why others find side hustles to cope with the prices.
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June 17, 2023, 10:27:49 AM
Merited by fillippone (1)
 #168

Living expenses if only for necessities such as food or monthly payments are reasonable. But usually people are too ambitious to fulfill their prestige with goods that are very expensive but those goods that cannot be stored for a long time will experience price erosion. Therefore, people who think the cost of living is expensive are those who continue to obey their prestige even though it is only their desire to be able to have things like other people have even though it is not a necessity of their life.
We can always chose to live simply even if inflation is here for good. As long as you have your own job to support and pay your monthly bills, then rest assured that you will still survive despite of the goods and services prices that continue to surge. But if you live life according to the norms and trends in your surroundings, then expect that your finances will never be enough. The cost of living will certainly kill you in the end.

Inflation will frustrate the living hell out of you if it's too high, even when you receive heavy pay check and inflation is everywhere, nobody will be left out even with your high paying job. When you receive your salary every month, there wouldn't be money left for investment and savings because food items will consume everything you have, let's assume you are even single, there are other miscellaneous items you will buy, there will be bills to sort out, you will pay money for wardrobe as well, no way you can manage life with high cost of things no to talk of people that are poor.

Inflation is deadly, it's the government responsibility to checkmate it in other for the citizens to enjoy what they earn, even the government will enjoy taxing it's people when inflation is well taken care but in a condition where people find it difficult to feed, they wouldn't want to pay the government when it's due.

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June 17, 2023, 10:34:13 AM
 #169

Mate, this isn't just a problem in your country; it's also a problem in mine. Prices are just going up every day, making it impossible to buy something today and expect to pay the same price tomorrow. I've come to the realization that as we get older in this world, the problems only get worse. You can't compare young to adulthood at this point, when the economy is always in bad shape with high prices for goods, but that shouldn't matter much. Keep up the good work. God will undoubtedly provide for us.
I don't know which country you live in. But it seems that inflation in your country is still quite high if you hear your story that it seems that price increases are still moving quite fast. And I hope your economic condition remains fine. And yeah right we just have to focus on keeping working and earning more. And about fortune then God has arranged it for us. we just have to try our best.

In the country where I work, the economy is really starting to recover quickly. because price increases are not too frequent. Even some basic commodity prices have decreased. So that I become more comfortable living here. Because I can still set aside my money to invest and send it to my distant family to help my family's economy.

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June 17, 2023, 11:29:46 AM
 #170

Ordinary people now seem to be living a life of war. Because the per capita income of people is gradually decreasing but the prices of various goods are increasing a lot. Two years ago the price of a thing which was 1$ now has increased to more than 1.5$ but the government is not thinking about it. Can government officials live the way they used to live now? Now people have to think more than once if they want to buy something because the amount of salary they are getting every month shows that at the end of the month they are having a lot of trouble. If the prices of various commodities continue like this then one day many people will die of starvation.

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June 17, 2023, 03:01:22 PM
Merited by The Sceptical Chymist (3)
 #171

Not only in the country where you live, but several countries including the country where I live are also affected by inflation. What I felt was the beginning of the severity of this economy when the corona virus (covid19) outbreak entered my country, in mid-March 2020. In the early days, work was still going smoothly as usual. But after a few months, many workers were laid off, and I was also affected and that's where I started to feel the impact of inflation which was more pronounced.

At that time, the government in my country also carried out various methods so that the people could be safer and protected from what is called an economic crisis. By providing assistance every month, in the form of groceries and a little money. But all that still can't cover their daily needs, in fact it's very lacking. Because staying at home, you definitely need quite a lot of money.

So at that time the government really couldn't do much for the people, and even now inflation is still very high, but with the end of the Covid 19 outbreak, it became easier, because jobs have been reopened.

And most importantly when the economic situation is in a bit of a crisis or experiencing inflation, you have to be able to manage finances better, and be able to maximize all abilities, so you can generate coffers of money. Because at this time, whatever ability you have, it must be used properly and optimally. Because the competition in life will definitely get tougher in the future.

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JoyMarsha
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June 17, 2023, 07:54:35 PM
 #172

Life is really becoming very difficult for unskilled people. I think that world is changing and people don't want to see that. Everyone wants unskilled jobs and there are tons of people who are willing to do unskilled job for little money. And people, who finish universities, find it very difficult to gain experience or do internship because competition is very high and old people don't want to say no to their chairs.

But there is one big problem. There is a huge demand on skilled electricians, skilled plumbers, etc. Old people are retiring, new people don't want to learn while salaries in these fields are higher than in fields where you need 4 years degree + masters. The problem is mentality. If you are a plumber, people think that you are uneducated, no girl wants a guy who works as a plumber and looks dirty during his work, everyone wants a fit man with Porsche. This makes young men depressed and all they do is smoking weeds and drinking beers.

Bonus! Politicians are accelerating this process because they want slaves, they throw away a little booze and tell people how okay it is that cost of living is increasing and how okay is it to be depressed and don't have money.
The depressing truth of life that many people failed to understand. it is no longer your degree certificate that will forth in your bills but the skills you have at hand will do that.

The world we live in is changing and its population is on the rise also. The world economy is no longer a level playing ground for degree holders to easily survive without backing it up with a side hustle.

To survive in this competitive labor market, you need to have a different source of income(not completely dependent on one)

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June 17, 2023, 08:08:57 PM
 #173

Ordinary people now seem to be living a life of war. Because the per capita income of people is gradually decreasing but the prices of various goods are increasing a lot. Two years ago the price of a thing which was 1$ now has increased to more than 1.5$ but the government is not thinking about it. Can government officials live the way they used to live now? Now people have to think more than once if they want to buy something because the amount of salary they are getting every month shows that at the end of the month they are having a lot of trouble. If the prices of various commodities continue like this then one day many people will die of starvation.
Quiet indeed, in our country where the salary of white collar job is not sustainable for a family or it is always just enough without any little Change this inflation really makes us to live a harder life in our country, our country cost of living gets higher and higher government doesn't have a concrete plan for this they just always lend to other country that's why our taxes getting bigger just for this country to pay them. Cost of living in your own country really gives you  hard time and think to have more jobs to get sufficient amount of money.
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June 17, 2023, 08:54:13 PM
 #174

Life is really becoming very difficult for unskilled people. I think that world is changing and people don't want to see that. Everyone wants unskilled jobs and there are tons of people who are willing to do unskilled job for little money. And people, who finish universities, find it very difficult to gain experience or do internship because competition is very high and old people don't want to say no to their chairs.

But there is one big problem. There is a huge demand on skilled electricians, skilled plumbers, etc. Old people are retiring, new people don't want to learn while salaries in these fields are higher than in fields where you need 4 years degree + masters. The problem is mentality. If you are a plumber, people think that you are uneducated, no girl wants a guy who works as a plumber and looks dirty during his work, everyone wants a fit man with Porsche. This makes young men depressed and all they do is smoking weeds and drinking beers.

Bonus! Politicians are accelerating this process because they want slaves, they throw away a little booze and tell people how okay it is that cost of living is increasing and how okay is it to be depressed and don't have money.
The depressing truth of life that many people failed to understand. it is no longer your degree certificate that will forth in your bills but the skills you have at hand will do that.

The world we live in is changing and its population is on the rise also. The world economy is no longer a level playing ground for degree holders to easily survive without backing it up with a side hustle.

To survive in this competitive labor market, you need to have a different source of income(not completely dependent on one)
But doesnt mean that you shouldnt pursue on getting a degree, it would really be still that sensible on getting one because having a degree or certificate or whatsover that it is really that correlated to this would really be that necessary or something that would really be that needed for you to at least having the chance or potential on getting some work or job and also when it comes to awareness of things or learnings then you would really be having that kind of advantage which is something that you would really be having compared to those who didnt touch up a school or having the education. We are living on a world on which
you wouldn't really be able to survive if you cant be able to gain or make some income because we know that everything on this world does come with its price. Buying your own food, shelter, clothing and other
services does really have that a value or cost on which means that if you do lack up or having no money? Then for sure you're fucked up. This is why on the time that you do realize that you are really that
you are gradually struggling on day to day living due to expenses and inevitable inflation then it would be common sense that you should really be needing to find for another source of income
so that it would be able to ease up such challenge but of course it wont really be that easy.

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June 17, 2023, 08:59:10 PM
 #175

The solution is not just depending on the government, or just praying, but we can also start from small steps starting from ourselves. Don't expect too much from the government, no matter how good the program from the government, if officials like corruption, it still makes people disappointed with the government.
Officials in a country are basically elected by their own people so that the people must also realize this besides not having to depend forever on the government because everyone who wants more income in their life certainly has to work more hard. Whether it's by opening a business or by utilizing existing resources, because without that it will always be difficult to cope with spending money which is increasing day by day in life. I also agree not to expect much from the government, but every citizen also cannot forget the government because that is the seat of leadership for every country.
The government has an obligation to help the people especially for those unfortunate individuals, but know that there are a lot of those living in a country, so expect that the government cannot cater them all in an instant. Instead, do not wait for the government to help you. Go and find opportunities on your own. That way, you can always create a progress for yourself even without the assistance from the government.

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June 18, 2023, 04:52:21 PM
 #176

When I look at your description and username I think you live in Turkey. Unfortunately, in today's conditions the prices of products are changing every day in Turkey and the purchasing power of households is getting lower day by day. The Turkish Lira which loses value day by day especially due to the mistakes made in the country's management and economic decisions unfortunately causes the Turkish people to experience more difficult days.

In today's conditions in Turkey, there is a minimum wage worker of over 60%. The rest, unfortunately work with a salary slightly above the minimum wage. Unfortunately, these salaries are not enough for basic living expenses and in some provinces they are unable to even cover the rent. For these reasons it became impossible to save or to live above the standard.

Due to the economy, which is taking firm steps towards the worse with each passing day, both the young generation and today's children are unfortunately worried about the future in Turkey's conditions.
I think it is not "that" different in most of other nations as well, not really that different in my country too. The logic is that if you are making a salary, then you shouldn't be able to live a great life, it just doesn't or will probably never happen. I think it is quite important to just focus on what you could do with it, and learn how you could get out.

There is a reason why there are so many authors from so many different nations that keep on writing books about how you could make more money if you got out of the 9-5 lifestyle. Sure maybe yours is worse than others, but doesn't make other nations a great place to live with a salary neither, believe me because I know millions even tens of millions having debt and barely surviving in my nation as well.

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June 18, 2023, 04:56:48 PM
 #177

It's true that the cost of living is rising all around the world. Food prices have been on the rise for several years now, same goes for beverages, energy prices and rental prices. The companies state standard arguments like covid and the Russia Ukraine war as a reason for the price increases. I wish the consumers would be more critical about the price increases and try to challenge the companies more. It can't be that every sector needs to increase prices 30-50% over 2 years. To me it rather feels as an easy way for company to boost their profits as they think they have the power of the consumer. But the truth is that we the consumers have the, if we would work together and boycott companies that raise prices to high. For most products there are alternatives that we could switch to if we look for some. Unfortunately most people are still willing to pay the premium to buy brand products. We have a weekly market in my city that sell produce from local farmers at cheaper prices than the supermarkets. In case more people would buy locally and buy less from the big chains we could force them to rethink their price strategies. Only a few weeks of staying away from certain products would pile up so much inventory that the company would need to lower prices or the warehouses would overcrowd.
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June 18, 2023, 06:03:55 PM
 #178

This is a sad reality for some or should I say many countries. Those that has high corruption index are not really for the welfare of their people but only for the welfare of the politicians pockets.

In this era everyone is thinking about their own benefit and avoid the happiness of others so same is the case with government that whenever corruption initiate in country then the fate of that county become worse because citizens of that country are deprived of the useful material that will be beneficial for life.

It is true that a common man works by himself day and night but alone he cannot do anything without the help of government so I think that corruption should  be avoided if someone wants to have a prosperous country. The salaries of government are enough to make their life satisfied and they also gets opportunities which a common man does not have so there is no need to get more money through corruption, hence Thinking about citizen is also a responsibility of government.



 

 

 

 

 

 


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June 18, 2023, 06:37:05 PM
 #179

Living expenses if only for necessities such as food or monthly payments are reasonable. But usually people are too ambitious to fulfill their prestige with goods that are very expensive but those goods that cannot be stored for a long time will experience price erosion. Therefore, people who think the cost of living is expensive are those who continue to obey their prestige even though it is only their desire to be able to have things like other people have even though it is not a necessity of their life.
We can always chose to live simply even if inflation is here for good. As long as you have your own job to support and pay your monthly bills, then rest assured that you will still survive despite of the goods and services prices that continue to surge. But if you live life according to the norms and trends in your surroundings, then expect that your finances will never be enough. The cost of living will certainly kill you in the end.

I understand what you're trying to say mate but you should know as well that your job is not going to support you permanently as that is just a temporary one even if we say you're already a regular at your job or does have an authority over the others which make you higher. Unless you are the owner of the company and does have a vast network of investments, then you can somehow say that you can really survive without worrying about the inflation because you are always producing funds even if you're sleeping.

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June 18, 2023, 06:37:15 PM
 #180

~snip~

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.

~snip~

I don't disagree with everything your said about cooperative. It is one of the potent solutions to the current food and other essential commodities crisis most people are facing due to this global economic problems. But currently, human needs has become very complex and might not be handled by cooperative. Human need more than food and other basic needs to live a comfortable life. And most of these essential commodities are controlled by big companies that are not willing to lose their influence on they have on the people. Data and airtime for internet and phone communication might not be basic needs but they are so essential that some people might not be able to survive without them.


i couldn't help but laugh out loud when I saw the topic. The truth be told, its getting really serious but its not new as it has happened before. Rather than push the government whose priority seem different from the masses, it'll be ideal to look inwards, look towards the solution and learn from the previous experience and how it was solved. We can then leverage the information to create an advanced solution, better than what was done previously.
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June 18, 2023, 07:04:43 PM
 #181

In the Great Depression of 1929, nobody could afford the cost of things. So, what did people do? They got together and formed their own mini-governments called co-ops. Some of these co-ops are still around today.

What did a co-op do? Everybody in the co-op did what they could to make and supply something that other people needed. If they didn't have a profession, they simply became labor for those who did.

Some people supplied land they owned. Others built buildings on the land. Others tilled the ground. Professional farmers grew all kinds of crops. Everybody worked. They supported themselves.

Is it almost time to form some new co-ops? Co-ops can be made legally stronger these days, because they could be started as Private Membership associations. PMAs have been legally set in place as a sound structure, keeping standard government out.

Cool
While this is inspiring at best, I don't think this is the right way. You have the government to rely on when things go south economically. You can't expect the common joe to do contingencies that will slow down inflation so things could be easier for their citizens, it's the job of the government! Not to mention the fact that most of these issues stem from the government's failures anyway, so why should it be that the citizens clean up for the authorities' mess?

I guess this would work well in times of great need but as of now when things could still be staunched, PMAs should be your last option and the government should be the first. Make them do something lmao we elected them or a reason in the first place.
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June 18, 2023, 07:13:30 PM
 #182

Unless you are the owner of the company and does have a vast network of investments, then you can somehow say that you can really survive without worrying about the inflation because you are always producing funds even if you're sleeping.
Even the owner of the company is also stressed about the impact of ongoing inflation because the company's financial management is not optimal and in the end many employees are fired to reduce the company's financial expenses, so his opinion above is very inappropriate because he can survive with the impact of inflation forever and he may earn high from his current job .

The government has an obligation to overcome the impact of inflation that occurs in the economy. Many steps of government work must be implemented to overcome the effects of bad inflation, the government must encourage local products, maintain price stability so that people's purchasing power is still sufficient, the government must be able to control imports so that the prices of local goods remain stable.

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June 18, 2023, 07:36:21 PM
 #183

~snip~

Everybody must learn to cut their cost of living by all means. Learning addition skills and securing extra jobs might be another means of overcoming this hard life. The government must also make policies that will help alleviate the suffering of the masses.

~snip~

I don't disagree with everything your said about cooperative. It is one of the potent solutions to the current food and other essential commodities crisis most people are facing due to this global economic problems. But currently, human needs has become very complex and might not be handled by cooperative. Human need more than food and other basic needs to live a comfortable life. And most of these essential commodities are controlled by big companies that are not willing to lose their influence they have on the people. Data and airtime for internet and phone communication might not be basic needs but they are so essential that some people might not be able to survive without them.


Cutting costs will not only solve this problem, When there is price inflation, the price of goods and services increases while your salary remains the same. No matter how you cut costs and depend only on your salary to survive, it is going to be difficult to survive in such an economic environment, but the escape route to this is having multiple streams of income.

Where government needs to play a very important role in such a harsh economy is in subsidizing the transport system, this will help reduce the high cost of living, If there is a high cost of transportation it will automatically affect all sectors of the economy, using my country for example, the recent high cost of PMS which hike the price of transportation has worsened the situation.

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June 19, 2023, 04:36:54 AM
 #184

I think inflation occurs in many countries,
and indeed sometimes we are always frustrated with the current economic situation which always continues to decline, but of course we have to face it with patience and sincerity.

and I think we also have to learn to buy and only buy the essentials.

but we also have to see people who are unemployed with the aim that we can be grateful for what we get.

sometimes I always think that even people who have a small salary are tired of inflation, especially people who don't have a job (unemployment).
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June 19, 2023, 05:22:30 AM
 #185

Day by day increase in prices of goods is making people's lives miserable. The goods which were earlier within the purchasing power of the people are now beyond the purchasing power of the people. A father from a middle class family knows how to manage his family. Apart from managing their own family, children's education expenses, parents' medicine expenses, a middle class family has to live a very difficult life. Cost of goods may not be a big issue for those who have very good monthly income but for a middle class government employee or officer it is a lot of concern. Once the price of a commodity increases, the price of the commodity never returns to its previous level. Everything was fine if the salary of every employee or official increased with the increase in the price of goods then there would be no impact on anyone in running a family.
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June 19, 2023, 06:32:22 AM
 #186

Every day, prices go up, but our salaries as civil servants stay the same. It's a struggle to cover basic needs like food, water, rent, and electricity. I can't imagine how tough it must be for families with lots of kids.
This is indeed unimaginable because there are already many people who have experienced difficulties from this, so that the current civil servants are still looking for other jobs as support in their lives. And I think that is a very appropriate thing for civil servants to do in order to support their lives by earning income from work other than what they get through salary as civil servants, which in general is no longer sufficient.
I think that's the question to be asked, do we not deserve a life like that? I mean should we be always worried about having trouble and barely making ends meet as a decent worker?

You shouldn't need to be a surgeon who saves lives, or a business owner that risked capital, you could be an accountant, a teacher, a sewer worker, a mechanic, bookstore clerk, or whatever you can think of, and you should be able to make a living enough to not worry about rent and food and bills, those three things are set every month, we will pay them every month and even that's hard, and I am not talking about actually living, like going out with friends, drinking a bit, just once a week maybe, or having a good time on a vacation of something, those are very important things and dream for most people.

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June 19, 2023, 11:52:35 AM
 #187

I think inflation occurs in many countries,
and indeed sometimes we are always frustrated with the current economic situation which always continues to decline, but of course we have to face it with patience and sincerity.

and I think we also have to learn to buy and only buy the essentials.

but we also have to see people who are unemployed with the aim that we can be grateful for what we get.

sometimes I always think that even people who have a small salary are tired of inflation, especially people who don't have a job (unemployment).
yeah right. at least those of us who still have income are still quite lucky because we can still fulfill every need we need. And sometimes looking down is necessary to make us more grateful for our personal circumstances.

Inflation has now decreased in several countries but the current recession is increasingly haunting every country. In fact, dozens of countries in Europe have almost entered a recession. while in Asia the economy can still be said to be quite good. so that here the economic difficulties have actually faded.

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June 19, 2023, 12:09:18 PM
 #188

Day by day increase in prices of goods is making people's lives miserable. The goods which were earlier within the purchasing power of the people are now beyond the purchasing power of the people. A father from a middle class family knows how to manage his family. Apart from managing their own family, children's education expenses, parents' medicine expenses, a middle class family has to live a very difficult life. Cost of goods may not be a big issue for those who have very good monthly income but for a middle class government employee or officer it is a lot of concern.
Even for some middle class people are also experiencing difficulties at this time, apart from not developing the businesses they run are also affected by the economic crisis. So that people's needs are no longer balanced in spending money and as a result many businesses have gone bankrupt because there are no customers who buy and in the end finally the business was forced to close because it was unable to survive in conditions like now.

All businesses are experiencing bankruptcy and it is increasingly difficult for people to get out of the economic crisis that is happening, while the need for education, health and other costs needs to be prepared amidst the inability of people to spend money to cover the costs of daily needs.

Once the price of a commodity increases, the price of the commodity never returns to its previous level. Everything was fine if the salary of every employee or official increased with the increase in the price of goods then there would be no impact on anyone in running a family.
The increasingly difficult life that is happening in almost all countries, inflation, recession and economic crisis have become a serious threat to the survival of most people. Basic needs rose uncontrollably and the situation got worse and jobs were no longer available for some people, while the rising needs never went back down, resulting in an imbalance of income and expenditure for the entire population today.

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June 19, 2023, 01:33:41 PM
 #189

the same condition actually happened in my country. and probably also occurs in the majority of all countries today. because inflation is currently happening globally. even Bank interest rates continue to be raised which means the inflation rate is still high.

But in a situation like now we can't just expect action from the government. we have to have our own solution. start from frugal living. cut unnecessary costs. etc.

we know this feels not easy. but we are forced to get used to and adapt to the situation and conditions that are happening. And as long as we still have jobs and income, we are still lucky. will be more worrying for those who do not have a job. because they must be living a life that is not easy nowadays. even in some countries the crime rate also seems to have increased. as a result of increasingly uncertain economic pressures.

In many parts of the world, the cost of living has risen and continues to rise. Working people are slightly better off than non-working people. Families with children are more affected. In such situations, additional sources of income are of great importance. Of course, it is not easy to find and earn this additional income, but the world is now telling us that we must do it. As economic difficulties continue, the quality of life decreases. We must constantly improve ourselves to prevent this.

Banks raising interest rates and people not being able to repay their loans easily is also a big problem. Many people cannot get loans because of high interest rates. I don't know when this bad situation will end, but many banks are taking advantage of high inflation and are opportunistic.
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June 19, 2023, 02:27:56 PM
 #190

the same condition actually happened in my country. and probably also occurs in the majority of all countries today. because inflation is currently happening globally. even Bank interest rates continue to be raised which means the inflation rate is still high.

But in a situation like now we can't just expect action from the government. we have to have our own solution. start from frugal living. cut unnecessary costs. etc.

we know this feels not easy. but we are forced to get used to and adapt to the situation and conditions that are happening. And as long as we still have jobs and income, we are still lucky. will be more worrying for those who do not have a job. because they must be living a life that is not easy nowadays. even in some countries the crime rate also seems to have increased. as a result of increasingly uncertain economic pressures.

In many parts of the world, the cost of living has risen and continues to rise. Working people are slightly better off than non-working people. Families with children are more affected. In such situations, additional sources of income are of great importance. Of course, it is not easy to find and earn this additional income, but the world is now telling us that we must do it. As economic difficulties continue, the quality of life decreases. We must constantly improve ourselves to prevent this.

Banks raising interest rates and people not being able to repay their loans easily is also a big problem. Many people cannot get loans because of high interest rates. I don't know when this bad situation will end, but many banks are taking advantage of high inflation and are opportunistic.
Even if this inflation, crisis passes, it will return soon in the future, and our lives will become more and more difficult if we are not prepared for it. We should not depend on the government or anyone, but save ourselves by accepting the realities and finding ways to adapt to them if we do not want to be eliminated.
And the only solution to this is to generate extra income in every possible way, instead of lamenting, I will work harder and accumulate more assets with potential for future growth instead of just saving and holding too much fiat.

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June 19, 2023, 03:07:15 PM
 #191

An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
If the government or the state has cooperated with the mafia, that's what happens, the economy for the common people is always covered with inadequacy, even though you work in the government, still your income does not cover your living needs, not to mention you tie up with bank credit and so on.

Life in Europe and the Middle East is different from an economic point of view, Asia is bad for that, because many goods and daily necessities have been controlled by the mafia, they can raise prices at will, without caring about people's income plus the corrupt government is really messy from an economic point of view.

If the government is unable to eradicate the trade mafia, there is no story that the country's economy is improving, what's more, the government is not thinking about managing natural resources, that's even worse, the government only knows taxes, on certain products, it will happen that the rich get richer and the people get more miserable. Countries that rely on income from taxes, these countries have the worst economy and miserable people, without being able to manage natural resources in their own country, only relying on preparations from other countries.

R


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June 19, 2023, 04:42:00 PM
 #192

In the Great Depression of 1929, nobody could afford the cost of things. So, what did people do? They got together and formed their own mini-governments called co-ops. Some of these co-ops are still around today.

What did a co-op do? Everybody in the co-op did what they could to make and supply something that other people needed. If they didn't have a profession, they simply became labor for those who did.

Some people supplied land they owned. Others built buildings on the land. Others tilled the ground. Professional farmers grew all kinds of crops. Everybody worked. They supported themselves.

Is it almost time to form some new co-ops? Co-ops can be made legally stronger these days, because they could be started as Private Membership associations. PMAs have been legally set in place as a sound structure, keeping standard government out.

Cool
While this is inspiring at best, I don't think this is the right way. You have the government to rely on when things go south economically. You can't expect the common joe to do contingencies that will slow down inflation so things could be easier for their citizens, it's the job of the government! Not to mention the fact that most of these issues stem from the government's failures anyway, so why should it be that the citizens clean up for the authorities' mess?

I guess this would work well in times of great need but as of now when things could still be staunched, PMAs should be your last option and the government should be the first. Make them do something lmao we elected them or a reason in the first place.
Do you really expect the one who made the mess to fix it? How can the government, which is the problem, to be the solution? On the example above of 'co-ops' we can see that citizens had to take action by themselves because the government failed doing so. And if they just waited for a solution from the government they would have probably starved to death or wouldn't be the strong nation they are today... While weak nations rely on foreigners and authorities to solve their problems and supply their needs, strong nations have independent citizens who organize minor associations among themselves to minimize or solve issues their governments aren't handling efficiently.

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June 19, 2023, 05:08:19 PM
 #193

But doesnt mean that you shouldnt pursue on getting a degree, it would really be still that sensible on getting one because having a degree or certificate or whatsover that it is really that correlated to this would really be that necessary or something that would really be that needed for you to at least having the chance or potential on getting some work or job and also when it comes to awareness of things or learnings then you would really be having that kind of advantage which is something that you would really be having compared to those who didnt touch up a school or having the education.
|snip|
I don't say that people shouldn't study, if you are a person who wants to become a doctor because your are passionate about that, then you should definitely become a doctor but if you find it hard to become top in uni in your niche and you are bad at communication, networking, etc and you only study with the hope that you'll get a high-paying job with your degree, then you'll fail.
It's very true that most electricians and plumbers earn much more than most people with bachelor and masters degree. So many people with degrees aren't necessary today, we need skilled people in trades job.

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June 19, 2023, 06:01:45 PM
 #194

But doesnt mean that you shouldnt pursue on getting a degree, it would really be still that sensible on getting one because having a degree or certificate or whatsover that it is really that correlated to this would really be that necessary or something that would really be that needed for you to at least having the chance or potential on getting some work or job and also when it comes to awareness of things or learnings then you would really be having that kind of advantage which is something that you would really be having compared to those who didnt touch up a school or having the education.
|snip|
I don't say that people shouldn't study, if you are a person who wants to become a doctor because your are passionate about that, then you should definitely become a doctor but if you find it hard to become top in uni in your niche and you are bad at communication, networking, etc and you only study with the hope that you'll get a high-paying job with your degree, then you'll fail.
It's very true that most electricians and plumbers earn much more than most people with bachelor and masters degree. So many people with degrees aren't necessary today, we need skilled people in trades job.

This is actually the reality, if you're still studying and have a mindset that if you have a degree you would get a high paying job which is ain't true. If you lack the communication skills and having connections then for sure you would be stuck at being unemployed. Just imagine this you're not only the one that are good and talented that attained degree, so you need to build up your social ability to survive the working industry.

Knowledge itself won't do good if you don't have the strategy and hard work to pursue those dreams. I still believe skills is better than knowledge because they are most likely to survive in this industry.

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June 19, 2023, 06:09:59 PM
 #195


I think it is not "that" different in most of other nations as well, not really that different in my country too. The logic is that if you are making a salary, then you shouldn't be able to live a great life, it just doesn't or will probably never happen. I think it is quite important to just focus on what you could do with it, and learn how you could get out.

There is a reason why there are so many authors from so many different nations that keep on writing books about how you could make more money if you got out of the 9-5 lifestyle. Sure maybe yours is worse than others, but doesn't make other nations a great place to live with a salary neither, believe me because I know millions even tens of millions having debt and barely surviving in my nation as well.


Since we do not compare the two countries here of course I cannot say that your comment is wrong but at least as far as I know, if Turkey and many other countries are to be compared unfortunately it would not be right to say that it is in the same situation with other countries because it is more difficult for the people of Turkey to live due to the economy getting worse day by day. Of course, regardless of the country anyone working with a salary cannot live a very good or high quality life today because salaries have become incredibly low in today's conditions.
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June 19, 2023, 06:33:09 PM
 #196

Unless you are the owner of the company and does have a vast network of investments, then you can somehow say that you can really survive without worrying about the inflation because you are always producing funds even if you're sleeping.
Even the owner of the company is also stressed about the impact of ongoing inflation because the company's financial management is not optimal and in the end many employees are fired to reduce the company's financial expenses, so his opinion above is very inappropriate because he can survive with the impact of inflation forever and he may earn high from his current job .

The government has an obligation to overcome the impact of inflation that occurs in the economy. Many steps of government work must be implemented to overcome the effects of bad inflation, the government must encourage local products, maintain price stability so that people's purchasing power is still sufficient, the government must be able to control imports so that the prices of local goods remain stable.

This is true as well. Many think that company owners, business or entrepreneurs can live very happy life even in the time like this. However it is them who are first hit very hard and that’s why the effect is percolated down the sink and then reaches to the common man. In this case it reaches to the employees of that company. However you or me cant blame the owner because for the long term business survival they will always have to look after their company revenue generation system and do the accounting. This is ti safe kering their company or business and not for themselves. What would all the employees do if company got shut right away? It’s better to have few losses as compared to entire colony getting abandoned with the inflation. Might be hard to digest but truth always hurts. Just save money and try to have more income sources. That’s how we survive.
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June 19, 2023, 09:40:35 PM
 #197

This is actually the reality, if you're still studying and have a mindset that if you have a degree you would get a high paying job which is ain't true. If you lack the communication skills and having connections then for sure you would be stuck at being unemployed. Just imagine this you're not only the one that are good and talented that attained degree, so you need to build up your social ability to survive the working industry.

Knowledge itself won't do good if you don't have the strategy and hard work to pursue those dreams. I still believe skills is better than knowledge because they are most likely to survive in this industry.
I agree 100%, in my case I already have a degree and good experience in my jobs before but still without adding additional job for me to live will not keep me financially stable, in this world hardwork is a must no matter what degree you have still you need to endure this hardship of inflation and economic crisis especially if you are living in a 3rd world country like us, having one job is not enough in here.
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June 19, 2023, 09:52:08 PM
 #198

I think inflation occurs in many countries,
and indeed sometimes we are always frustrated with the current economic situation which always continues to decline, but of course we have to face it with patience and sincerity.

and I think we also have to learn to buy and only buy the essentials.

but we also have to see people who are unemployed with the aim that we can be grateful for what we get.

sometimes I always think that even people who have a small salary are tired of inflation, especially people who don't have a job (unemployment).
yeah right. at least those of us who still have income are still quite lucky because we can still fulfill every need we need. And sometimes looking down is necessary to make us more grateful for our personal circumstances.

Inflation has now decreased in several countries but the current recession is increasingly haunting every country. In fact, dozens of countries in Europe have almost entered a recession. while in Asia the economy can still be said to be quite good. so that here the economic difficulties have actually faded.
Recession is indeed a problem that has been predicted even since last year. Because this can also happen due to the impact of the central bank which massively raises interest rates to reduce the inflation rate. It's just that in some Asian countries the recession may not occur. It's just that the number of unemployed in several Asian countries is still known to be quite high. But because the cost of living in Asia is much cheaper. So that is what makes the economy there become much more controllable. and from Asia we also see a lot of agricultural sectors that are quite advanced and lots of open land that still requires human hands to manage. So even unemployed people can still survive in several Asian countries if they are diligent and skilled in agriculture.

besides that we really have to be people who are always grateful for what we have now. But we also have to have motivation to keep improving the business or work we have. Because if inflation then becomes high again then at least we already have preparations with a higher amount of income. And don't forget to get used to living frugally and investing more for the future.

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June 19, 2023, 10:28:30 PM
 #199


I think it is not "that" different in most of other nations as well, not really that different in my country too. The logic is that if you are making a salary, then you shouldn't be able to live a great life, it just doesn't or will probably never happen. I think it is quite important to just focus on what you could do with it, and learn how you could get out.

There is a reason why there are so many authors from so many different nations that keep on writing books about how you could make more money if you got out of the 9-5 lifestyle. Sure maybe yours is worse than others, but doesn't make other nations a great place to live with a salary neither, believe me because I know millions even tens of millions having debt and barely surviving in my nation as well.


Since we do not compare the two countries here of course I cannot say that your comment is wrong but at least as far as I know, if Turkey and many other countries are to be compared unfortunately it would not be right to say that it is in the same situation with other countries because it is more difficult for the people of Turkey to live due to the economy getting worse day by day. Of course, regardless of the country anyone working with a salary cannot live a very good or high quality life today because salaries have become incredibly low in today's conditions.
It isn't the same situation all around. Everywhere people were affected much out of the inflation and other problems that arise out of inflation. Based on the percentage of impact the changes can be experienced on people's living. In my understanding the impact of inflation and other economic issues have hit the urban population higher than the rural population. Because the urban population is much dependent for food and everything and the salary too comes out of corporate. With rural population they're mostly self reliant and this doesn't have much impact over the living style.
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June 19, 2023, 10:48:50 PM
 #200

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

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June 19, 2023, 11:32:14 PM
 #201

Co-op sounds right but it might be tempting to sell into the market at the higher rates available.    I think it can work within a community because of environment and security of living close to each other, allowing your neighbors to have enough to live on is just smart policy if you want a nice place to live.    A country is always nearer to the end when they fail to avovid criminalizing a population, such as starving and taking food or poaching etc.   These aren't new lessons, we should know by now how to prioritize people over profits because ultimately it will make sense to do so and is a good investment from every perspective.  Im not in favor of socialism but people are the best investment a country can make.

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June 20, 2023, 01:14:03 AM
 #202

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

This is really the hard truth right now because of the keeps rising price, and even others can't grow their own crops because they don't have empty land on their house, mostly if you live in an apartment, condo, or metro, where land is almost not visible. There are solutions to this, like vertical farming, but again, you need to set it up, unlike when you just have a back yard and can just dig and plant some crops.
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June 20, 2023, 04:39:34 AM
 #203

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.
Not people in this part of the world can do what you say, for a long time they have never even thought about houses, cars or even vacations, to make ends meet they have faced difficulties because they are in a barren area and no one gives them funds or also the knowledge of how to survive in a very limited resource area.
People living in developed or developing countries can adjust when their income is no longer sufficient to meet their living needs, but in poor countries, it is almost impossible even though there are survivors, the percentage is very small, and many more end up dying due to malnutrition or difficult access to health.

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June 20, 2023, 04:48:53 AM
 #204

The cost of living is trying to kill the living is a powerful commentary on the struggles and challenges that many people face in their daily lives. The cost of living refers to the amount of money that is required to maintain a certain standard of living, including expenses such as food, housing, healthcare and transportation. For many individuals and families these expenses can be overwhelming and difficult to manage. The cost of living has risen in many parts of the world, making it increasingly difficult for people to make ends meet. This has led to a growing sense of frustration and desperation among those who are struggling to keep up with the rising costs of everyday life. One of the significant challenges associated with the high cost of living is the impact it has on peoples health and well being. When individuals are forced to spend a large portion of their income on basic necessities like housing and food they may not have enough money left over to invest in their health and well being. This can lead to a wide range of health problems including malnutrition, stress and mental health issues. The high cost of living can also have a negative impact on peoples social lives. When individuals are struggling to make ends meet they may not have the resources or time to engage in social activities or participate in their communities.

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June 20, 2023, 06:33:46 AM
 #205

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

The living has to find a way to survive, humans are survivals and that's what we have been doing from the stone age. We don't have to stop now, the human beings we have today have lost their survival skills because of technology but we have to find it back. Based on what you say, we have to go back to the farmland to cultivate what we eat, they aren't hard to grow and when we grow our food it'll help reduce expenses.

Expenses are the reason it feel like the cost of living is killing us. We don't have to get the latest car to live comfortably or wear the latest clothes. We have to reduced everything that take money out of us and increase the things that can bring money like investing in Bitcoin.

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June 20, 2023, 04:32:47 PM
 #206

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.
Everyone certainly has their own thoughts about it. and everyone has to be able to survive at any cost. but for hyper-inflation, it is the most difficult to avoid and even sustainable hyper-inflation can kill many people. because there have been many examples of countries that have experienced it which ended with their people starving. while we are healthy then the solution is we have to increase the income we get. one of them by working part time.

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June 20, 2023, 09:44:32 PM
 #207

The solution is not just depending on the government, or just praying, but we can also start from small steps starting from ourselves. Don't expect too much from the government, no matter how good the program from the government, if officials like corruption, it still makes people disappointed with the government.
Officials in a country are basically elected by their own people so that the people must also realize this besides not having to depend forever on the government because everyone who wants more income in their life certainly has to work more hard. Whether it's by opening a business or by utilizing existing resources, because without that it will always be difficult to cope with spending money which is increasing day by day in life. I also agree not to expect much from the government, but every citizen also cannot forget the government because that is the seat of leadership for every country.
Know what you can do for the government but never rely in them what you can do for yourself. Work hard so you can make a living for yourself, and not waiting for some assistance and donations coming from the government. That way, you will survive every step of the way, and as much as possible have your own side hustles too so you won’t rely on just a single source of living. By investing in bitcoin or any other high potentials investment, you will have another passive income aside from your own job.

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June 21, 2023, 04:23:03 AM
 #208

Day by day increase in prices of goods is making people's lives miserable. The goods which were earlier within the purchasing power of the people are now beyond the purchasing power of the people. A father from a middle class family knows how to manage his family. Apart from managing their own family, children's education expenses, parents' medicine expenses, a middle class family has to live a very difficult life. Cost of goods may not be a big issue for those who have very good monthly income but for a middle class government employee or officer it is a lot of concern. Once the price of a commodity increases, the price of the commodity never returns to its previous level. Everything was fine if the salary of every employee or official increased with the increase in the price of goods then there would be no impact on anyone in running a family.
If only governments were that much responsible to think about those who are living in hell due to the inflation and economic crisis, governments should try and earn enough revenue through different business models and exchanges of goods and stuff with other countries, making tourism easy and risk-free for the world so that more and more tourists come within the country which greatly increases the GDP of the country.

But unfortunately, most governments don't really care about all these things, they know that people from lower classes are suffering from all this, but they barely try and solve their issues, increasing wages can only be possible if the country produces enough revenue to sustain that.

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June 21, 2023, 05:39:19 AM
 #209

the same condition actually happened in my country. and probably also occurs in the majority of all countries today. because inflation is currently happening globally. even Bank interest rates continue to be raised which means the inflation rate is still high.

But in a situation like now we can't just expect action from the government. we have to have our own solution. start from frugal living. cut unnecessary costs. etc.

we know this feels not easy. but we are forced to get used to and adapt to the situation and conditions that are happening. And as long as we still have jobs and income, we are still lucky. will be more worrying for those who do not have a job. because they must be living a life that is not easy nowadays. even in some countries the crime rate also seems to have increased. as a result of increasingly uncertain economic pressures.

All of what you are saying is true, but our government has the power to resolve this issue, but they are doing nothing about it. I am aware that our elders used to advise praying to God for assistance when things got bad or when we needed it, but today many nations are suffering as if they had no money or other sources of income.
Perhaps this won't make sense, but let's consider Nigeria as an example. Nigeria is one of the best countries in the world at producing crude oil, but it is also the country that is currently suffering from oil because of its high price and rising cost of other food items. My recommendation to everyone is to keep working for yourself and not depend on any government because if you do, you won't be able to eat. In some nations, there used to be only one thing that used to create all of the difficulties of each individual.

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June 21, 2023, 06:28:25 AM
 #210

Inflation paralyzes a country. As a result ordinary people face many problems to live their lives. All the problems that arise from memory in a country are the problem of rising commodity prices and so on. People live in different parts of a country, some are middle class, some are lower class and some are upper class. Generally, the middle class and the lower middle class have to deal with the main problem of inflation due to rising commodity prices due to inflation, people are unable to meet their basic needs and they face financial problems before the end of the month and they struggle to cover their needs on their own food due to high commodity prices. The main reason is that their wages do not increase when commodity prices rise and because of this low salary it is difficult for them to meet their monthly needs, so the problem of inflation is often for the people of middle class and lower middle class.
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June 21, 2023, 08:10:42 AM
 #211

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

Of course, we need to adapt and find a way to survive in this life. But given what's going on with the economy, it must be admitted that the cost of living is killing many people. For the poor, with the current high inflation situation, it will be even more difficult for them, and not everyone has the same opportunity to find a job as others. If you live in a country at war, inflation is up to hundreds of percent, and finding a job to increase income is not as easy as you say.

Do you mean bitcoin will help us out of poverty? How?

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June 21, 2023, 01:27:38 PM
 #212

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.



Trade by barter was an easy and effective  means that enhanced good living,during that time the cost of living was at ease because people gave out what they had to get what they wanted in return...then the cost of living wasn't killing the living  because  buying and selling was made easy and as such life wasn't as difficult.

In recent years everything changed as the economy of the country deflated so as to affecting the lives of citizens  in cause of Borders locked down,no empowerment, no increment of salaries  and no payment of most pensioniers, no scholarships, no business developments in certain  undeveloped areas to enhance job opportunities....all of these contributed to the cost of living killing the living because the country is not developing/growing economically.

It would be a great achievement if the current government can come to the aid of citizens and make life better  for everyone out there ,by providing job opportunities, generating business developments in undeveloped areas,opening of borders etc...so as to stop the cost of living killing the living.
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June 21, 2023, 02:41:34 PM
 #213

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.
The cost of living shouldn't kill the living - wow' that's very easy for you to say depending on your disposition and socioeconomic privilege's. If you're privileged to have access to land to grow veges, rear animals etc, not so many out there are open to such opportunity and that's sad for such people. So at times we shouldn't express alternatives based on our own perspective we should try to think outside our convenience. Maybe then, we can really give an objective suggestions.
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June 22, 2023, 03:25:47 AM
 #214

Of course, we need to adapt and find a way to survive in this life. But given what's going on with the economy, it must be admitted that the cost of living is killing many people. For the poor, with the current high inflation situation, it will be even more difficult for them, and not everyone has the same opportunity to find a job as others. If you live in a country at war, inflation is up to hundreds of percent, and finding a job to increase income is not as easy as you say.
The ability to find solutions in the midst of economic conditions like this is very important because expecting from others will only be in vain. The higher cost of living is due to the volatility of income and spending and what is worse, the prices of basic necessities are rising out of control, inflation and recession have killed economic growth and many big/small businesses have gone bankrupt everywhere, the impact of this process is happening the instability of fulfilling the daily needs of the lower-middle-income people.

When we live in a country that is at war it will be much worse because all economic sectors are paralyzed caused by the insecurity of a country. Any supply will certainly affect the selling price and prices cannot be controlled by anyone, so when connecting a country that is at war with a country that is not, the processes of inflation and recession are different.

Do you mean bitcoin will help us out of poverty? How?
No. If only to meet the needs of life they are difficult. How is it possible that people can run investments in bitcoin.

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June 22, 2023, 03:39:04 AM
 #215

Do you mean bitcoin will help us out of poverty? How?
No. If only to meet the needs of life they are difficult. How is it possible that people can run investments in bitcoin.

That's what I'm asking @Davidvicterson because even if they can't meet their living needs, how can they invest in bitcoin? Furthermore, there is no guarantee that investing in bitcoin will always bring us a return. Remember that bitcoin is just an asset to invest, and investing has winners and losers, and when we win, there will definitely be losers. So bitcoin cannot help alleviate poverty or make people rich and have a good life. Too many people are unnecessarily exaggerating bitcoin in any conversation.

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June 22, 2023, 03:40:06 AM
 #216

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.
The cost of living shouldn't kill the living - wow' that's very easy for you to say depending on your disposition and socioeconomic privilege's. If you're privileged to have access to land to grow veges, rear animals etc, not so many out there are open to such opportunity and that's sad for such people. So at times we shouldn't express alternatives based on our own perspective we should try to think outside our convenience. Maybe then, we can really give an objective suggestions.

Exactly, it just shows how different people's perspectives on this issue and it shows the privileges people respond Smiley .  If you already have the materials needed for you to have a proper living and even save your budget, if they don't have the privileges like connections, power, and wealth, then they could just simply live without killing themselves. Opportunities for these people are limited but of course, they find ways to escape this hell where they live every day feels like surviving. I just think that if they don't have the opportunity then their life could change if someone could give them the opportunity they need. When it comes to this it would be better to take both places before suggesting.

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June 22, 2023, 03:58:53 AM
 #217

Quote from: jrrsparkles
Since 2020, the condition is same in most part of the world but not for everyone. The rich is getting richer while poor is getting poorer that is the cycle happens st every worst situations. About the inflation rate recently the cost of groceries are getting higher and I can feelmit but it isn't that worse but surely it will affect the working class people.

Many countries experienced the inflation, because they never expect it in that way that made people to go through so many challenges in the cost of commodities in the market, and many find it difficult to feed three times a day. I believe pandemic contributed to that inflation because civil servants was not able to use their salary well as usual, because of the price of goods that increase higher to make civil servants and other people feel comfortable with their salary anymore in the country. I think, some governments found solution to it by reduced the working days from some civil servants so that they will not be spending much on transport and other things in the country.

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June 23, 2023, 08:00:26 AM
 #218

That's what I'm asking @Davidvicterson because even if they can't meet their living needs, how can they invest in bitcoin? Furthermore, there is no guarantee that investing in bitcoin will always bring us a return. Remember that bitcoin is just an asset to invest, and investing has winners and losers, and when we win, there will definitely be losers. So bitcoin cannot help alleviate poverty or make people rich and have a good life. Too many people are unnecessarily exaggerating bitcoin in any conversation.
That's basically what needs to be considered, if they can't fulfill their daily needs, how can they possibly invest? Regarding the profit, it depends on the pattern they apply, if you want to make short-term trades, of course you need knowledge to get involved in it, but when investing in the long term, all you need to do is wait for bitcoin to reach the desired price. Bitcoin is indeed unable to solve the problem of poverty because it takes direct involvement to be successful in investing, but make no mistake that bitcoin will bring someone to the stage of financial independence.

Knowledge is needed regarding bitcoin investment and the involvement of money in carrying it out is also very important, because without money the investment will not run optimally as desired and knowledge is a supporting factor which is also very much needed as an aspect for direct involvement.

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June 23, 2023, 02:38:55 PM
 #219

The cost of living will continue to increase because the value of money continues to decrease or inflation, while it is increasingly difficult for us to find additional income, competition is getting tougher and the government is not pro-poor are factors that make the economy easy to control.



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June 23, 2023, 07:13:08 PM
 #220

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

It is easier said than done, even you don't grow your own vegetables, it is not that easy to grow your own vegetables just to rise above the present high cost of living. You seem to forget that most people are not in the rural areas where you have free undeveloped lands to grow crops.
How many folks can afford a house with a garden in the urban areas? if you are in the category who can afford such a house then you should not have a problem with the cost of living.
There is no easy way out but it does not mean it is not manageable, even you need money to buy btc or be ready to work and earn it to be able to combat the high cost of living to some extent. 

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jossiel
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June 23, 2023, 10:02:49 PM
 #221

The cost of living will continue to increase because the value of money continues to decrease or inflation,
And aside from death and taxes, there should be an addition of what's permanent in this world and that's inflation.

while it is increasingly difficult for us to find additional income, competition is getting tougher and the government is not pro-poor are factors that make the economy easy to control.
I wouldn't say in general that it is the government that's not pro poor/citizens. It depends to the country and type of government that they have but not all governments aren't like that.

I haven't been into many places but I've read that there are governments that are pro its people but it just so happen that in terms of politics, many will disagree.

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June 23, 2023, 10:32:45 PM
 #222

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

It is easier said than done, even you don't grow your own vegetables, it is not that easy to grow your own vegetables just to rise above the present high cost of living. You seem to forget that most people are not in the rural areas where you have free undeveloped lands to grow crops.
How many folks can afford a house with a garden in the urban areas? if you are in the category who can afford such a house then you should not have a problem with the cost of living.
There is no easy way out but it does not mean it is not manageable, even you need money to buy btc or be ready to work and earn it to be able to combat the high cost of living to some extent. 
Growing food is not even that easy expecially when it is being done by man power,  and it is not possible to plant all types of food to be free from getting food in the market.  The only thing that can sustain one in the serious hard economy is just to look for a way to double up on things that will generate more money as  income. Farming to make a living is not easy, expecially when their ate no machines that can assist in doing the major works. Even  if one wants to think about farming , it should not be the only hope getting survival, their should be another source of income at which money flows in.

You don't have to feed the entire village, you just have to be self-sustainable and I think that is doable even without machines. There are tons of food varieties out there that can be farmed even with normal manpower, you just have to really research for these and you're golden. Right now, I think it's important to know how to farm for our own food to at least help us lessen the cost of expenditures for food. Green foods are easy to farm, and can be grown even in small spaces, so there's that.

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Quidat
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June 23, 2023, 10:39:26 PM
 #223

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

It is easier said than done, even you don't grow your own vegetables, it is not that easy to grow your own vegetables just to rise above the present high cost of living. You seem to forget that most people are not in the rural areas where you have free undeveloped lands to grow crops.
How many folks can afford a house with a garden in the urban areas? if you are in the category who can afford such a house then you should not have a problem with the cost of living.
There is no easy way out but it does not mean it is not manageable, even you need money to buy btc or be ready to work and earn it to be able to combat the high cost of living to some extent. 
Growing food is not even that easy expecially when it is being done by man power,  and it is not possible to plant all types of food to be free from getting food in the market.  The only thing that can sustain one in the serious hard economy is just to look for a way to double up on things that will generate more money as  income. Farming to make a living is not easy, expecially when their ate no machines that can assist in doing the major works. Even  if one wants to think about farming , it should not be the only hope getting survival, their should be another source of income at which money flows in.

You don't have to feed the entire village, you just have to be self-sustainable and I think that is doable even without machines. There are tons of food varieties out there that can be farmed even with normal manpower, you just have to really research for these and you're golden. Right now, I think it's important to know how to farm for our own food to at least help us lessen the cost of expenditures for food. Green foods are easy to farm, and can be grown even in small spaces, so there's that.
For people who does have the time  and could exert some effort then this one is ideal but in todays era on which most people would really be busy and end up exhausted in the end of the day
after your long day of work then for sure you would really be seeing these things to be non relevant or something that you wouldnt really be doing but instead you would really be just simply
buying on the store on what you are trying out to eat. It cant really be just avoided that inflation do really hit us up hard and due to stable income when it comes on paycheck then
time comes that it wouldnt really be that sufficient anymore. This is where you would be starting on getting some worrying because it isnt enough already and
this is why you should have done this earlier when finding some potential solutions so  that you could at least sustain and able to fight off if ever things gets worst.

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June 23, 2023, 10:45:21 PM
 #224


But in a situation like now we can't just expect action from the government. we have to have our own solution. start from frugal living. cut unnecessary costs. etc.



I think this is the right mindset. There is a general hard time across the globe and only just few countries can barely take care of their citizens. So individuals should find away to live by what is available. It is unfortunate that it is happening that way but to keep lamenting won't solve any problems for us but to look inward within ourselves and find what we can do to survive. With the things going on, it is looking like survival of the fittess and only the fit can survive. Taking away unnecessary expenses is away to reduce some of our financial cost, yes

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June 23, 2023, 11:15:40 PM
 #225

Seeing the thread title is just hilarious.
You know, I think I saw this on someone's WhatsApp status from my contact a month ago or something and here it is as a thread.

Anyway, no doubt the cost of living has got many in most parts of the world hanging by a thread. Most of the low income earners and those that live around the minimum wage. Even the rich as well are feeing a little bit of it buy somehow, humanity has always been known to survive. Luckily, trying to kill the living doesn't mean killing the living.
It's for a time and humanity will always strive.

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June 23, 2023, 11:21:17 PM
 #226

Seeing the thread title is just hilarious.
You know, I think I saw this on someone's WhatsApp status from my contact a month ago or something and here it is as a thread.

Anyway, no doubt the cost of living has got many in most parts of the world hanging by a thread. Most of the low income earners and those that live around the minimum wage. Even the rich as well are feeing a little bit of it buy somehow, humanity has always been known to survive. Luckily, trying to kill the living doesn't mean killing the living.
It's for a time and humanity will always strive.
Humanity is the one that is leading the lives of millions of people around the world. We think it is the third World countries that have got affected by the inflation and the increased cost of living. Scenario is almost same throughout the world. I was surprised to see the impact on some European countries, particularly on Germany. People are depending on the food and other supplies distributed by the NGO and other organisations. In that I came across a person stating that he never expected I'll stand in a queue for the food and groceries to fulfill my need. If I don't I may end up homeless and out of food. He particularly says that the power bill is killing them.
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June 23, 2023, 11:32:29 PM
 #227

But in a situation like now we can't just expect action from the government. we have to have our own solution. start from frugal living. cut unnecessary costs. etc.

I think this is the right mindset. There is a general hard time across the globe and only just few countries can barely take care of their citizens. So individuals should find away to live by what is available. It is unfortunate that it is happening that way but to keep lamenting won't solve any problems for us but to look inward within ourselves and find what we can do to survive. With the things going on, it is looking like survival of the fittess and only the fit can survive. Taking away unnecessary expenses is away to reduce some of our financial cost, yes
Well that's how it is buddy. And actually having the thought not to hope for help from other people or even from the government is the kind of thinking that everyone should have. because this thought is called independent thinking. we work hard for our own lives and other people will also work hard for their own lives. The government actually has an obligation to bring prosperity to its people. but nowadays people are demanded to be more independent because the government will only help with matters such as road facilities and the construction of public facilities. while for every person in society they have to take care of themselves.

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June 24, 2023, 08:31:29 AM
 #228

In the country where I live, people are currently living in destitution due to the highest demand inflation. Basically, the government has increased the price of all products starting from small in my country at double rate. But currently there is no change in the salary of an employee due to which they are in more difficulty to meet the family expenses. Especially when a person is responsible for all the affairs of his family, it becomes difficult to run his family with the salary he gets from his job. Meanwhile, the government is not paying enough attention to the increase in the prices of all goods, but increasing the financial needs of people by money laundering in various ways. For this, it is necessary to fight against our government, if the country continues like this, injustice will be established in the society.

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June 24, 2023, 08:54:46 AM
 #229

In the country where I live, people are currently living in destitution due to the highest demand inflation. Basically, the government has increased the price of all products starting from small in my country at double rate. But currently there is no change in the salary of an employee due to which they are in more difficulty to meet the family expenses. Especially when a person is responsible for all the affairs of his family, it becomes difficult to run his family with the salary he gets from his job. Meanwhile, the government is not paying enough attention to the increase in the prices of all goods, but increasing the financial needs of people by money laundering in various ways. For this, it is necessary to fight against our government, if the country continues like this, injustice will be established in the society.

The government does not increase the price of goods, but rather they have not strictly controlled the price stabilization in the consumer market. All countries are in a similar situation to what your country is experiencing. I don't know where you come from, but going against the government or calling many people against the government is not a viable solution. Instead, I think you should think like a lot of people here, stop whining and stop relying on the government, you should find a way to survive and adapt to everything that's going on. We should save ourselves instead of waiting for the salvation of others.

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June 25, 2023, 07:03:02 AM
 #230

The ever higher cost of living makes us have to think hard in order to be able to make ends meet, and the triggering factor is inflation which is hard to control, and the best solution to be able to deal with the ever increasing cost of living is to keep looking for sources of income.
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June 25, 2023, 07:17:49 AM
 #231

The ever higher cost of living makes us have to think hard in order to be able to make ends meet, and the triggering factor is inflation which is hard to control, and the best solution to be able to deal with the ever increasing cost of living is to keep looking for sources of income.
We all live and are not a life waiting for a blessing from someone, save yourself instead of blaming society, such a common context requires more effort, let's say we live in a time of famine, what should we do, instead of blaming the present, remember that we are still very fortunate to have gone through very difficult social times, and now is Raising awareness of living frugally in spending and finding more jobs can support yourself as well as those around you, if some unstable machinery also takes more preventive measures for life.









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June 25, 2023, 07:26:52 AM
 #232

In the country where I live, people are currently living in destitution due to the highest demand inflation. Basically, the government has increased the price of all products starting from small in my country at double rate. But currently there is no change in the salary of an employee due to which they are in more difficulty to meet the family expenses. Especially when a person is responsible for all the affairs of his family, it becomes difficult to run his family with the salary he gets from his job. Meanwhile, the government is not paying enough attention to the increase in the prices of all goods, but increasing the financial needs of people by money laundering in various ways. For this, it is necessary to fight against our government, if the country continues like this, injustice will be established in the society.

The government does not increase the price of goods, but rather they have not strictly controlled the price stabilization in the consumer market. All countries are in a similar situation to what your country is experiencing. I don't know where you come from, but going against the government or calling many people against the government is not a viable solution. Instead, I think you should think like a lot of people here, stop whining and stop relying on the government, you should find a way to survive and adapt to everything that's going on. We should save ourselves instead of waiting for the salvation of others.

You are right as by the end of the day it is still  the same price and you are struggling. It is better the time that you are mocking the government is spend it to other things that you can earn money or grow your own food. We should stop relying on the government as we know that they are very slow, we should find our own ways to earn more and not starve. Others are doing this now rather than murmuring they are now selling some foods in the side walk, finding a job or others going to province to have farm.
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June 25, 2023, 09:11:44 AM
 #233

In the country where I live, people are currently living in destitution due to the highest demand inflation. Basically, the government has increased the price of all products starting from small in my country at double rate. But currently there is no change in the salary of an employee due to which they are in more difficulty to meet the family expenses. Especially when a person is responsible for all the affairs of his family, it becomes difficult to run his family with the salary he gets from his job. Meanwhile, the government is not paying enough attention to the increase in the prices of all goods, but increasing the financial needs of people by money laundering in various ways. For this, it is necessary to fight against our government, if the country continues like this, injustice will be established in the society.

The government does not increase the price of goods, but rather they have not strictly controlled the price stabilization in the consumer market. All countries are in a similar situation to what your country is experiencing. I don't know where you come from, but going against the government or calling many people against the government is not a viable solution. Instead, I think you should think like a lot of people here, stop whining and stop relying on the government, you should find a way to survive and adapt to everything that's going on. We should save ourselves instead of waiting for the salvation of others.

You are right as by the end of the day it is still  the same price and you are struggling. It is better the time that you are mocking the government is spend it to other things that you can earn money or grow your own food. We should stop relying on the government as we know that they are very slow, we should find our own ways to earn more and not starve. Others are doing this now rather than murmuring they are now selling some foods in the side walk, finding a job or others going to province to have farm.

I believe that even if inflation and crisis pass, our life will become more and more difficult because many factors will affect us. Even the government can not control such as natural disasters, floods...natural accidents happen more and more, and no one can predict. So stop whining and blaming and instead find a way to adapt and get through it all.

Inflation will surely pass, but it will also return in the future, so we should be prepared for everything. So that when they come back, we will no longer feel as difficult as now. Do any job as long as it can generate money and as long as it's not illegal.

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June 25, 2023, 09:26:43 AM
 #234

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).

The most affected were the health and economic sectors, the impact of the pandemic was indeed a hard blow in various countries, starting from the smallest to the largest elements, and a lot of large funds from the government were refocused on minimizing the impact of the Covid-19 pandemic at that time and I hope the same thing not happen again in the future.

The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.

Your suggestions for efforts to increase passive income are highly recommended, but there are limitations, for example, if you apply for a job somewhere, you may be constrained by the amount needed, and that's a small example. Well, Wisely there are other efforts from their orders here in terms of making regional economic policies so that economic fluctuations can be minimized.


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June 25, 2023, 10:53:55 AM
 #235

The ever higher cost of living makes us have to think hard in order to be able to make ends meet, and the triggering factor is inflation which is hard to control, and the best solution to be able to deal with the ever increasing cost of living is to keep looking for sources of income.

You are right that we should find sources of income to combat inflation, because in today's time, you cannot cover your expenses with one income. But in my opinion, if the government does not take care of its people, is busy in its luxury, law and justice are not visible in the country,there is no fair distribution of resources then it should stand against it. It is the responsibility of every government to provide basic necessities of life to its people. If the government does not focus on solving the problems of the people, then no such government has the right to rule over the people. Along with finding different sources of income, we also have to fight for our rights. The state is always formed by the people and the state always takes measures for the welfare of the people. No state violates the rights of its people. If the people are fulfilling their responsibilities well then the government should also realize its responsibility.

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June 25, 2023, 11:30:36 AM
 #236

The only way to deal with growing demand during adverse economic conditions is to find ways to cut costs as soon as possible. While getting started can be tough, the reality is that we all need to cut back on spending and save as much as we can. You must understand how much you need to spend and what is necessary or unnecessary. That means every item and every expense in the house needs to be accounted for, so get a chart of your expenses for the past few months and build a simple spreadsheet. Also, identify what you can cut out and what you can cut back on. Doing these things can be difficult at first, but you and your family can save a lot in the end.

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June 25, 2023, 06:03:11 PM
 #237

The cost of living shouldn't kill the living please. The living should find a way to rise above the cost of living. The living should grow their own vegetables and rear theor own animals if need be. The living should find a smart way to reduce their cost. With reality now, the living shouldn't be competing for the latest car, clothes, electronic gadget. The living shouldn't take out a loan at this time. Bitcoin freedom for the living.

Living will grow their own vegetables and fruits if they have occupied some area but if they don't have then surely they will purchase these items from shops which cost more. I know if people wants to minimise their expenses then they can because nothing is impossible for anyone if one desires to do so.

If one desires to have more comfortable life then he cannot live a simple life so it will be better for us to avoid following others because everyone gets those things which are in his fate neither more nor less.

People will not involve in bad activities if they learn from childhood that simple life is better than getting involved in those activities which harms others.









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June 25, 2023, 06:23:24 PM
 #238

Inflation is the biggest wealth transfer scheme the world has ever seen. The poor gets poorer and the rich gets even richer. Anybody who earns the minimum wage can’t even dream of having any nice stuff anymore. The cost of living is so high, the minimum wage isn’t even enough to get you through the month. I know many adult people can’t leave their parents’ house or sharing a flat with their friends… The biggest part of the problem is overpopulation. There are too many people than the earth can’t handle. We simply don’t have enough sources to feed all those people. The billionaires are also a part of the problem but not as important.

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June 25, 2023, 06:47:06 PM
 #239

Right now, I think it's important to know how to farm for our own food to at least help us lessen the cost of expenditures for food. Green foods are easy to farm, and can be grown even in small spaces, so there's that.

Yes, you are right. That's what most people should do, mostly those who live in rural areas where they have a lot of space to cultivate anything they want to. Most people who are living in cities mostly in rented apartments will not also have most of that freedom to plant something in a house that was not built by them. But there are still situations where one can plant some of these common vegetables in some plastic sacks, water them well, and reap a great deal of vegetables. But the truth is that most people also don't know how to cultivate those things because they have never done it in their lives before. But I found a video here on how to grow some vegetables in a sack, there are even more if one can just look through YouTube.

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June 25, 2023, 07:36:01 PM
 #240

The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.

Your suggestions for efforts to increase passive income are highly recommended, but there are limitations, for example, if you apply for a job somewhere, you may be constrained by the amount needed, and that's a small example. Well, Wisely there are other efforts from their orders here in terms of making regional economic policies so that economic fluctuations can be minimized.

Talking about this and returning to the basic context where the cost of living kills life, I think there are indeed a number of things that we need to improve to make us survive amid conditions that are indeed very difficult for us to face at this time. Because indeed we are required to continue to survive in the midst of increasingly difficult economic conditions.
On the other hand, maybe we can suppress this in a number of ways, such as saving and minimizing expenses and not buying unnecessary things, but on the other hand, there are threats that are more difficult to avoid than the cost of living, namely lifestyle.
Sometimes this is what makes our cost of living more erratic because our dominating lifestyle makes it more difficult for us to survive and feel that the world is getting harsher.
The size of the ego that we have and trying to continue to make a lifestyle that is actually difficult to balance makes us even more trapped in an unfavorable situation.

Even if we have some income from other approaches such as side businesses and others, when we still equate the cost of living and lifestyle it is clear that it will not help because we will continue to feel lacking.

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June 26, 2023, 05:42:14 AM
 #241

Anyway, no doubt the cost of living has got many in most parts of the world hanging by a thread. Most of the low income earners and those that live around the minimum wage. Even the rich as well are feeing a little bit of it buy somehow, humanity has always been known to survive. Luckily, trying to kill the living doesn't mean killing the living.
It's for a time and humanity will always strive.
But the current situation is quite sad that it has indeed hit several countries that have experienced prolonged inflation and even the inflation rate in several countries has reached the Hyper Inflation level where the money there is almost worthless. So that residents there even have to bring a lot of money just to shop for vegetables in the market. So the cost of living in a country that is in a hyper-inflationary condition is certainly very high. So do not be surprised if the cost of living can really slowly kill its citizens in that country. because the problem is that the amount of income is less than the amount of money spent.

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July 04, 2023, 05:44:05 AM
 #242

The ever higher cost of living makes us have to think hard in order to be able to make ends meet, and the triggering factor is inflation which is hard to control, and the best solution to be able to deal with the ever increasing cost of living is to keep looking for sources of income.
In fact, everyone is destined to be able to find a source of life/income, in order to be able to meet minimum needs, in whatever way they want to do it, but once again limitations cannot provide access for everyone to get it. The development of the world cannot be avoided by the situation around it which causes many to find it difficult to do business, plus inflation makes it difficult for all sectors to be able to get income which may be very much needed. it is already difficult to find income coupled with the higher cost of living and the price of necessities continues to increase, making many despair of this reality.

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July 04, 2023, 07:58:13 AM
 #243

But the current situation is quite sad that it has indeed hit several countries that have experienced prolonged inflation and even the inflation rate in several countries has reached the Hyper Inflation level where the money there is almost worthless. So that residents there even have to bring a lot of money just to shop for vegetables in the market. So the cost of living in a country that is in a hyper-inflationary condition is certainly very high. So do not be surprised if the cost of living can really slowly kill its citizens in that country. because the problem is that the amount of income is less than the amount of money spent.
Countries in which inflation is very high tend to go through stages of growing inflation often, and therefore the population of these countries should study this issue. When one day their savings completely lose their value, then you need to think about it, you need to direct the savings into something that can save their purchasing power.

I'm not talking about investing now, it can be anything that can be stored for a long time and then sold, and of course it can be bitcoin. It can also be the currency of another country, which is much less prone to inflation. There are ways that can help in solving this problem, you just need to think about it before the problem occurs.
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July 04, 2023, 08:09:57 AM
 #244

But the current situation is quite sad that it has indeed hit several countries that have experienced prolonged inflation and even the inflation rate in several countries has reached the Hyper Inflation level where the money there is almost worthless. So that residents there even have to bring a lot of money just to shop for vegetables in the market. So the cost of living in a country that is in a hyper-inflationary condition is certainly very high. So do not be surprised if the cost of living can really slowly kill its citizens in that country. because the problem is that the amount of income is less than the amount of money spent.
Countries in which inflation is very high tend to go through stages of growing inflation often, and therefore the population of these countries should study this issue. When one day their savings completely lose their value, then you need to think about it, you need to direct the savings into something that can save their purchasing power.

I'm not talking about investing now, it can be anything that can be stored for a long time and then sold, and of course it can be bitcoin. It can also be the currency of another country, which is much less prone to inflation. There are ways that can help in solving this problem, you just need to think about it before the problem occurs.
So true. Even those of us who live in a country where the economic condition is still quite good must also learn from the condition of other countries which are hit by high inflation. Because we don't know when our country will still have a good economic condition. Just in case, we must be wise in saving our assets in something that is not affected by inflation. So that the value of our assets does not decrease and I think Gold is the answer.
But if you want the value to increase but with the risk of decreasing that also exists then Bitcoin is the answer.

In fact, I heard that in several countries affected by hyper-inflation, they are starting to abandon their own currencies and are starting to switch to gold and silver exchanges, which are more stable in price and more inflation-resistant.

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July 04, 2023, 03:08:08 PM
 #245

But the current situation is quite sad that it has indeed hit several countries that have experienced prolonged inflation and even the inflation rate in several countries has reached the Hyper Inflation level where the money there is almost worthless. So that residents there even have to bring a lot of money just to shop for vegetables in the market. So the cost of living in a country that is in a hyper-inflationary condition is certainly very high. So do not be surprised if the cost of living can really slowly kill its citizens in that country. because the problem is that the amount of income is less than the amount of money spent.
Countries in which inflation is very high tend to go through stages of growing inflation often, and therefore the population of these countries should study this issue. When one day their savings completely lose their value, then you need to think about it, you need to direct the savings into something that can save their purchasing power.

I'm not talking about investing now, it can be anything that can be stored for a long time and then sold, and of course it can be bitcoin. It can also be the currency of another country, which is much less prone to inflation. There are ways that can help in solving this problem, you just need to think about it before the problem occurs.
The inflation dilemma, it's like some countries' worst nightmare come true, right? Keeping you down like a thick blanket of fog... This situation makes me think of a famous quote by Milton Friedman: "Inflation is always and everywhere a monetary phenomenon." The necessity for people to learn about and adjust to inflation is the meat of your argument

Redirecting funds, especially for the "average Joe," isn't a silver bullet, though. If you catch my drift, it's more like a band-aid on a bullet hole. Bitcoin, other foreign currencies, and precious metals may help in the short term. though (and this is a huge though), they are also subject to volatility and come with their own set of risks


I think it's a little... narrow-minded to stress the importance of insuring one's own money against inflation. Perhaps what's needed is stronger, more sensible economic policies; but, this is a far bigger, stickier, knottier ball of wax than I first anticipated

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July 05, 2023, 05:43:17 PM
 #246

In my country there is also inflation, but the level is not too high so that it still allows people to survive and again the government in my country is quite focused on reducing the inflation rate.
I noticed your story seems more difficult than what I could imagine, maybe there are many parties related to the increase in inflation in your country, such as money laundering, excessive printing of money by the government and the lack of supply of commodity needs which causes scarcity and or hoarding of goods to increase market demand that aims to make more profit than sales, you need to pay attention to things like that and discuss with elements of society to find a way out in your current position.

The country in the story does relate to mine, inflation rate within just the past few months have been really high, cost of living, petroleum products prices, removal of subsidy on crude oil when no proper infrastructure in place yet is really taking a toll on the citizens, transportation costs,food prices, drinkable water prices, clothing and accomodations, electricity tariffs, basically everything is affected by the other, just like  dominos.


 Several other factors are also responsible for the high cost of living like money laundering, embezzlement of public funds by government all these sum up to the increase in demand and hoarding of commodities, sadly the government really care less about the average citizens and the poor because no matter how high the inflation rate is they'll still be able to afford and live comfortably.
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July 05, 2023, 08:36:06 PM
 #247

In my country there is also inflation, but the level is not too high so that it still allows people to survive and again the government in my country is quite focused on reducing the inflation rate.
I noticed your story seems more difficult than what I could imagine, maybe there are many parties related to the increase in inflation in your country, such as money laundering, excessive printing of money by the government and the lack of supply of commodity needs which causes scarcity and or hoarding of goods to increase market demand that aims to make more profit than sales, you need to pay attention to things like that and discuss with elements of society to find a way out in your current position.

The country in the story does relate to mine, inflation rate within just the past few months have been really high, cost of living, petroleum products prices, removal of subsidy on crude oil when no proper infrastructure in place yet is really taking a toll on the citizens, transportation costs,food prices, drinkable water prices, clothing and accomodations, electricity tariffs, basically everything is affected by the other, just like  dominos.


 Several other factors are also responsible for the high cost of living like money laundering, embezzlement of public funds by government all these sum up to the increase in demand and hoarding of commodities, sadly the government really care less about the average citizens and the poor because no matter how high the inflation rate is they'll still be able to afford and live comfortably.

Only a few countries have low inflation, the rest of the world is still in a terrible crisis. Most governments from 3rd countries have become greedy and don't care much about the people. If we realize that, we should find ways to save ourselves rather than rely on them. We also don't need to be sad just because they don't help us because no one in this world can save us more than ourselves. So instead of complaining or seeking their help, we should find a way to save ourselves.

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July 05, 2023, 09:20:28 PM
 #248


Only a few countries have low inflation, the rest of the world is still in a terrible crisis. Most governments from 3rd countries have become greedy and don't care much about the people. If we realize that, we should find ways to save ourselves rather than rely on them. We also don't need to be sad just because they don't help us because no one in this world can save us more than ourselves. So instead of complaining or seeking their help, we should find a way to save ourselves.
Perhaps we can expect help but not it reaches the point that we have to rely on them. Yes, we need to work and lift ourselves on our own because it was not their responsibility either. Whether they will help us or not, that is still okay as we never think that everything we need should come from them. As the inflation continues, we need to find ways to grow our finances as well this is the way to survive and this is the time that we must know how to budget our money.

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July 05, 2023, 11:19:41 PM
 #249

I don't think there was ever a time where things were easy for the modern man.  As others have mentioned here in the United States we have gone through two major economic breakdowns in the last 100 years.  That would be both the Great Depression as well as the Great Recession, which was just back in 2008. 

We are going through tough times right now.  There's a lot of work that needs to be done.  It's also to keep in mind not all countries are the same.  Here in the United States jobs often do raise the salary for employees to help keep up with inflation.  Now don't get me wrong, this isn't always the case, but it is in many.

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July 05, 2023, 11:29:05 PM
 #250


Only a few countries have low inflation, the rest of the world is still in a terrible crisis. Most governments from 3rd countries have become greedy and don't care much about the people. If we realize that, we should find ways to save ourselves rather than rely on them. We also don't need to be sad just because they don't help us because no one in this world can save us more than ourselves. So instead of complaining or seeking their help, we should find a way to save ourselves.
Perhaps we can expect help but not it reaches the point that we have to rely on them. Yes, we need to work and lift ourselves on our own because it was not their responsibility either. Whether they will help us or not, that is still okay as we never think that everything we need should come from them. As the inflation continues, we need to find ways to grow our finances as well this is the way to survive and this is the time that we must know how to budget our money.
Only lazy people or fools who do really end up on relying on government aide on which you are really that depending on it for you to live and its true that its not really that ideal to have that kind of mindset on which
you would really be that be contented on the life that you do have. We know that inflation do hits hard and on the time that you dont able to make progress on your income or other source then you would really be struggling on living on which you might be ending up on living a miserable life or something that lacks out financial or cant able to buy something that you do want. How really sad it would be?
Cost of living and other needs becomes even more expensive as the years passing by and its not something that we could really be able to avoid because this had been always the case that we are really that seeing.
Therefore, it would be wise that you should be finding ways or methods on enhancing your income through various means which is mostly be pertaining about investment and business.

R


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July 05, 2023, 11:31:41 PM
 #251

I don't think there was ever a time where things were easy for the modern man.  As others have mentioned here in the United States we have gone through two major economic breakdowns in the last 100 years.  That would be both the Great Depression as well as the Great Recession, which was just back in 2008. 

We are going through tough times right now.  There's a lot of work that needs to be done.  It's also to keep in mind not all countries are the same.  Here in the United States jobs often do raise the salary for employees to help keep up with inflation.  Now don't get me wrong, this isn't always the case, but it is in many.
To be honest, we always think that in America everything is fine. because I heard that the economic level of the people there is quite good in general. And inflation there has also decreased and interest rates are said to have stopped increasing temporarily to avoid a recession. But yeah, we don't know the reality that happened there. I hope there is always fine.

In my country everything is also fine. the inflation rate is also not too high and the recession also seems to be averted. But one thing that is very unfortunate here is that sometimes it is very difficult for employees' salaries to increase. so that when inflation comes we continue to struggle to keep our income sufficient.

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July 05, 2023, 11:40:38 PM
 #252

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

That is true in the past things were quite easy and the lifestyle is not that expensive. As time goes by in the increase of inflation all around the world, life is now getting harder because of the high cost of living. Food prices nowadays is very expensive as well as electricity, water, internet charges, post paid lines, even the tuition fees at school etc. Todays economy is very difficult especially to less fortunate people. Here in our country mostly minimum wage increase a small portion of their salary but still it is not sustainable to their needs. For the above minimum wage the salary remains the same no movement at all that is why it is hard for regular employees to manage their finances with the increase in prices of basic necessities the salary did not even get higher. Everyday is getting worst, but if we will find some other option maybe we could survive.

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July 05, 2023, 11:42:18 PM
 #253

I don't think there was ever a time where things were easy for the modern man.  As others have mentioned here in the United States we have gone through two major economic breakdowns in the last 100 years.  That would be both the Great Depression as well as the Great Recession, which was just back in 2008.  
You know at times when I hear people speak of America haven’t gone through there last 100years and we look at developing nations already at 50+ years, still under developed and look towards more years for a better future with a successive bad government, I begin to wonder how far is the next 50years.

Life has never been fair, easy or so good at any particular time. It’s always been about survival for the lower and middle class. Still, it’s a human nature to strive and persevere with hopes for a better tomorrow.

Hope is the one thing you hold on to in bad situations like we have in our world today, hope!

R


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July 06, 2023, 02:55:34 AM
 #254

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

That is true in the past things were quite easy and the lifestyle is not that expensive. As time goes by in the increase of inflation all around the world, life is now getting harder because of the high cost of living. Food prices nowadays is very expensive as well as electricity, water, internet charges, post paid lines, even the tuition fees at school etc. Todays economy is very difficult especially to less fortunate people. Here in our country mostly minimum wage increase a small portion of their salary but still it is not sustainable to their needs. For the above minimum wage the salary remains the same no movement at all that is why it is hard for regular employees to manage their finances with the increase in prices of basic necessities the salary did not even get higher. Everyday is getting worst, but if we will find some other option maybe we could survive.
a government employee still complains about the current situation, what about factory workers. Currently inflation is indeed high and even though there is a salary increase it is not proportional to the amount of inflation that occurs. and of course we must be aware of reducing our lifestyle and looking for other sources of income outside of working hours, so we must learn to cope with increasingly difficult economic problems. everyone has their own problems, and gratitude that can make us enjoy life beautifully
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July 06, 2023, 12:11:22 PM
 #255

I don't think there was ever a time where things were easy for the modern man.  As others have mentioned here in the United States we have gone through two major economic breakdowns in the last 100 years.  That would be both the Great Depression as well as the Great Recession, which was just back in 2008. 

We are going through tough times right now.  There's a lot of work that needs to be done.  It's also to keep in mind not all countries are the same.  Here in the United States jobs often do raise the salary for employees to help keep up with inflation.  Now don't get me wrong, this isn't always the case, but it is in many.

I agree.

However, living right now is just becoming worst than ever, everything changes as we are changing the world as well. People are getting worst too, war is more devastating and create more chaos, more damages are being done because of evolving technology and everything. We're the one who is going to make humanity go extinct, not aliens.

If only we can achieve the true peace, no corrupt politicians, all people are united, then the world could be better, but I guess it will be impossible.
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July 06, 2023, 12:27:48 PM
 #256

I don't think there was ever a time where things were easy for the modern man.  As others have mentioned here in the United States we have gone through two major economic breakdowns in the last 100 years.  That would be both the Great Depression as well as the Great Recession, which was just back in 2008. 

We are going through tough times right now.  There's a lot of work that needs to be done.  It's also to keep in mind not all countries are the same.  Here in the United States jobs often do raise the salary for employees to help keep up with inflation.  Now don't get me wrong, this isn't always the case, but it is in many.

I agree.

However, living right now is just becoming worst than ever, everything changes as we are changing the world as well. People are getting worst too, war is more devastating and create more chaos, more damages are being done because of evolving technology and everything. We're the one who is going to make humanity go extinct, not aliens.

If only we can achieve the true peace, no corrupt politicians, all people are united, then the world could be better, but I guess it will be impossible.


Just imagine if the world had no war and only peace. Those billions of dollars that are being invested in the military would go to other budgets that improve the lives of human beings. You are right; we go instinct just because of our own fault and not by being hit by an asteroids or invaded by aliens. But the sad truth is that people want power, and those big politicians want to be the most powerful people in the world based on military power.
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July 07, 2023, 01:41:12 PM
Last edit: July 08, 2023, 05:30:24 PM by moklefasdice
 #257

Tell me about it! The cost of living these days is a real pain. It feels like every expense is out to get us. It's tough to make ends meet with all the rising prices. But hey, we've got to keep pushing forward and find ways to make it work. Budgeting like a pro, hunting for deals, and maybe even picking up some extra gigs can help us stay afloat. About hunting for deals, I got myself such a cool door for a normal price, oak fire doors that's what I'm talking about. They are very durable and the material is a high-quality one.
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July 07, 2023, 01:46:22 PM
 #258

Tell me about it! The cost of living these days is a real pain. It feels like every expense is out to get us. It's tough to make ends meet with all the rising prices. But hey, we've got to keep pushing forward and find ways to make it work.

Yes, absolutely. if we don't start from now when again, the value of money will no longer exist. if we spend $ 20 only a few items that can. the winner is always the trader (Merchants bringing in their wares) it's already like this, what else do you want? yes. enjoy and just run as it is.

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July 07, 2023, 04:51:19 PM
 #259

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
As a Bangladeshi citizen, I can relate to your experience and concerns about the changing economic situation. We are witnessing a massive  inflation, everything  just doubled up in price. But salaries are not adjusted according to the inflation. People are finding it miserable to even live. I think Covid pandemic and Russia-Ukraine war had a massive impact for all these. I hope the situation  of whole world will get better.
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July 07, 2023, 07:34:32 PM
 #260

Tell me about it! The cost of living these days is a real pain. It feels like every expense is out to get us. It's tough to make ends meet with all the rising prices. But hey, we've got to keep pushing forward and find ways to make it work.
Everyone will find their own way of making themselves successful and progressing in their own environment. Because believe that no one wants to survive in trouble even though some people still have to live in difficult conditions because they are forced by the situation. And also no one can deny the expenditure of money that must always be there every day to meet basic needs.

Yes, absolutely. if we don't start from now when again, the value of money will no longer exist. if we spend $ 20 only a few items that can. the winner is always the trader (Merchants bringing in their wares) it's already like this, what else do you want? yes. enjoy and just run as it is.
Enjoying is necessary, but letting things go as they are is the attitude of those who don't want to fight more and will only give up more easily when what they are expecting doesn't come according to what they are. It is also not certain that traders can always benefit from their merchandise as long as their merchandise must always be purchased from other, larger merchants, because the ones who really benefit in such cases are the factories or goods manufacturing companies.

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July 07, 2023, 09:10:54 PM
 #261

I remember when I passed my driving test 18 years ago, the price per litre of fuel was like 40% cheaper than it is now. House prices continue to rise ridiculously. I don’t see how it can all continue, something is going break & I think it will be the USD as reserve currency. Inflation is running wild, the whole world is screwed. This is why we are here though, bitcoin is here, ready to save us.

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July 07, 2023, 10:39:32 PM
 #262

I remember when I passed my driving test 18 years ago, the price per litre of fuel was like 40% cheaper than it is now. House prices continue to rise ridiculously. I don’t see how it can all continue, something is going break & I think it will be the USD as reserve currency. Inflation is running wild, the whole world is screwed. This is why we are here though, bitcoin is here, ready to save us.
It is the same throughout the world. The difference in price of fuel have changed drastically. The increasing fuel price directly impacts over each and everything. Inflation have hit hard and to get into better economic situation takes time. USD being the reserve is a reason, another thing it is kind of a cyclic process. For now we're experiencing it. Over time it gets corrected and market turns better.
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July 07, 2023, 10:42:22 PM
 #263

I remember when I passed my driving test 18 years ago, the price per litre of fuel was like 40% cheaper than it is now. House prices continue to rise ridiculously. I don’t see how it can all continue, something is going break & I think it will be the USD as reserve currency. Inflation is running wild, the whole world is screwed. This is why we are here though, bitcoin is here, ready to save us.
Save us on the sense on making involvement but doesnt mean that it would really be giving out assurance.Bitcoin wasnt created on solving out this problem because everything would really be still relying on how

much you had invested. Yes, you do have Bitcoin but how it would be able to save up yourself on such worse inflation? There's no avoiding it and this is why we dont have no choice but to go on and
walk ahead and would be continuing on what are the things that you must do in order for us to survive. Yes,it might be hard but it wouldnt mean that we shouldn't try. This is why
we should really do our very best on finding ways and method and wont really be that able to struggle when it comes to finances.

R


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July 07, 2023, 10:58:08 PM
 #264

In the Great Depression of 1929, nobody could afford the cost of things. So, what did people do? They got together and formed their own mini-governments called co-ops. Some of these co-ops are still around today.

What did a co-op do? Everybody in the co-op did what they could to make and supply something that other people needed. If they didn't have a profession, they simply became labor for those who did.

Some people supplied land they owned. Others built buildings on the land. Others tilled the ground. Professional farmers grew all kinds of crops. Everybody worked. They supported themselves.

Is it almost time to form some new co-ops? Co-ops can be made legally stronger these days, because they could be started as Private Membership associations. PMAs have been legally set in place as a sound structure, keeping standard government out.

Cool
I've heard of such co-ops back then but not dated to that far and I believe  one of the reasons why such things were possible  back then was love and i don't think it will be easy or even possible to form such cooperation now a days where brothers kill brothers over same land people gave out back then.

I don't know of other countries so I wouldn't have to speak for them but as for my country, I don't think it will be possible to establish such cooperation now even within ourselves as the principle of having a judas in every gathering  can't be evicted.

R


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Uruhara
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July 07, 2023, 11:10:27 PM
 #265

I remember when I passed my driving test 18 years ago, the price per litre of fuel was like 40% cheaper than it is now. House prices continue to rise ridiculously. I don’t see how it can all continue, something is going break & I think it will be the USD as reserve currency. Inflation is running wild, the whole world is screwed. This is why we are here though, bitcoin is here, ready to save us.
I also remember the same thing a few years ago when fuel prices were half as cheap as they are now. And even though inflation is stated to have fallen, it is strange that fuel prices are no longer decreasing. the point is when fuel goes up then they never lower it back down. then automatically makes the price of all things go up. because transportation costs, culinary and food staples all use fuel in their processing. so that everything continues to rise because the fuel also rises. Well investing in bitcoin is expected to keep us from inflation.

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July 07, 2023, 11:32:50 PM
 #266

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

i have a friend that he is in the same situation, his earning from civil servants is low more over he live in the capital of the country which means the price of basic needs is higher than price of needs in the local regency. So what he do is manage their financial such as control the expense and do the side job for more income.

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July 07, 2023, 11:59:43 PM
Last edit: July 08, 2023, 12:10:19 AM by STT
 #267

The market will always want to test inefficiency and destroy any who benefit from it, that's the only possible positive take from seeing people being squeezed on costs and I know people will get angry possibly about me saying that higher costs serve some purpose in a market economy but some for example who are buying out prepacked food will be forced to go to a cheaper route and that's not unfamiliar actually I think that's normal.
      We really dont  us pushed all the way back into becoming an agrarian economy again, Im not arguing in this extreme which would be failure more then alteration but trimming back excess is correct to do.   However quite a few people should be saving money by making their own meals, in theory its simple but also involves skill and effort etc. you store ingredients more rather then relying on a supply chain.  I could argue transport of raw materials to make cakes is cheaper & more compact then making in a factory and then moving (displaying, retailing etc.) that produce out to people etc.
   Economies of scale should justify alot of the modern production in being cheaper then any one person can make but I find alot of the savings are not passed on so in some cases the way to reduce costs is stop purchasing labor and skill outside of your household and generally do this yourself.  Overall in a country this means a population more able to focus on the premium goods for sale and in demand for export, there is a reason for market prices in forcing people to change their actions that is basically my point.

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July 08, 2023, 02:38:00 AM
 #268

I remember when I passed my driving test 18 years ago, the price per litre of fuel was like 40% cheaper than it is now. House prices continue to rise ridiculously. I don’t see how it can all continue, something is going break & I think it will be the USD as reserve currency. Inflation is running wild, the whole world is screwed. This is why we are here though, bitcoin is here, ready to save us.
I also remember the same thing a few years ago when fuel prices were half as cheap as they are now. And even though inflation is stated to have fallen, it is strange that fuel prices are no longer decreasing. the point is when fuel goes up then they never lower it back down. then automatically makes the price of all things go up. because transportation costs, culinary and food staples all use fuel in their processing. so that everything continues to rise because the fuel also rises. Well investing in bitcoin is expected to keep us from inflation.

The current crisis is said to show signs of cooling off, but depreciating currencies over time is not new and is almost impossible to prevent. Because there are many factors that cause inflation, plus the weak management of the state, causing prices to increase day by day. I believe that at some point, the current monetary system will collapse, and the world economy will reset everything. So we must prepare for that by investing in deflationary assets like gold and bitcoin. If we don't prepare from now on, we will most likely be eliminated when that happens.

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judaspriest
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July 08, 2023, 03:19:30 AM
 #269

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

i have a friend that he is in the same situation, his earning from civil servants is low more over he live in the capital of the country which means the price of basic needs is higher than price of needs in the local regency. So what he do is manage their financial such as control the expense and do the side job for more income.
Like it or not, that's what has to be done because living in the capital city definitely has high necessities of life,
it can not be avoided and probably the whole world is the same,
the need to have more than one source of income that way seems to help.

awik p
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July 08, 2023, 03:59:12 AM
 #270

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

i have a friend that he is in the same situation, his earning from civil servants is low more over he live in the capital of the country which means the price of basic needs is higher than price of needs in the local regency. So what he do is manage their financial such as control the expense and do the side job for more income.
Like it or not, that's what has to be done because living in the capital city definitely has high necessities of life,
it can not be avoided and probably the whole world is the same,
the need to have more than one source of income that way seems to help.
at least your friends already have a steady income every month. there are still many people who are under your friends in meeting their needs. therefore we must be able to survive in any condition by looking for additional income in order to make ends meet. and of course humans need not only to eat, let alone live in a big city, I think refereshing can also be a basic need considering the penantnya contents of the head because of daily activities, don't let us be economical but don't pay attention to ourselves, because if we get sick we will bear it ourselves

Fredomago
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July 08, 2023, 07:43:17 AM
 #271

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

i have a friend that he is in the same situation, his earning from civil servants is low more over he live in the capital of the country which means the price of basic needs is higher than price of needs in the local regency. So what he do is manage their financial such as control the expense and do the side job for more income.
Like it or not, that's what has to be done because living in the capital city definitely has high necessities of life,
it can not be avoided and probably the whole world is the same,
the need to have more than one source of income that way seems to help.

Yes, there are big differences when living inside city state compared to rural or provinces, if you are inside city then the need of higher salaries is what you need to make sure that you will be able to survive, a need of having multi sources of income or high-paying job will allow you to sustain your needs. Though if you are into provinces,

it might have big differences and in somehow you can live a life with fresh goods foods that you can harvest from your own land.

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KiaKia
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July 08, 2023, 08:27:51 AM
 #272

Things don't just get worse for a country out of nowhere, it's very sad to see countries that have their own resources and yet their people are suffering, the problem is like an apple that was once fresh and slowing starts to rotten, if you look onto the past of such tough countries you will see that there are cases of greedy leaders that have used a lot of money to deceive their people and rob them back in hundred folds, now it's left for the people to find a way to survive with or without the government.

If people are leaving a country for another country, there is a 99% chances that the leaders of that country they are coming from are greedy bastards that only cares about their own stomachs and families.

You are the master of your own life, do not let the greed of another man block your future, find means to make money, learn something new, be creative and see how you will have a better future.

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July 08, 2023, 08:58:25 AM
 #273

I remember when I passed my driving test 18 years ago, the price per litre of fuel was like 40% cheaper than it is now. House prices continue to rise ridiculously. I don’t see how it can all continue, something is going break & I think it will be the USD as reserve currency. Inflation is running wild, the whole world is screwed. This is why we are here though, bitcoin is here, ready to save us.
I also remember the same thing a few years ago when fuel prices were half as cheap as they are now. And even though inflation is stated to have fallen, it is strange that fuel prices are no longer decreasing. the point is when fuel goes up then they never lower it back down. then automatically makes the price of all things go up. because transportation costs, culinary and food staples all use fuel in their processing. so that everything continues to rise because the fuel also rises. Well investing in bitcoin is expected to keep us from inflation.

The current crisis is said to show signs of cooling off, but depreciating currencies over time is not new and is almost impossible to prevent. Because there are many factors that cause inflation, plus the weak management of the state, causing prices to increase day by day. I believe that at some point, the current monetary system will collapse, and the world economy will reset everything. So we must prepare for that by investing in deflationary assets like gold and bitcoin. If we don't prepare from now on, we will most likely be eliminated when that happens.
So that's what we should prepare for. We have to be prepared when something unexpected can happen to the global economic order which causes all countries to experience further crises in the economy. Real Estate and Bitcoin both have become the current trend for investment advice. and for assets that are inflation-resistant and able to maintain value, gold is a favorite of many people. Many people have said the same about this. but I'm sure in reality not everyone can do the preparation properly. because everyone's condition is always different. But I hope we can all prepare everything carefully.

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July 12, 2023, 03:19:44 PM
Merited by fadhilz123 (1)
 #274

Like it or not, that's what has to be done because living in the capital city definitely has high necessities of life,
it can not be avoided and probably the whole world is the same,
the need to have more than one source of income that way seems to help.
I would not assume that the whole world would be the same, because the size of a capital city is never the same all over the world and that can also be a trigger for the size of spending for daily needs. And don't get me wrong either, that the salary for work in the capital city is usually higher than in other places, so this can also be a balance for those who live in the capital city. Although everyone still has to outsmart him better so that it isn't always difficult to live life in the capital city.

at least your friends already have a steady income every month. there are still many people who are under your friends in meeting their needs. therefore we must be able to survive in any condition by looking for additional income in order to make ends meet. and of course humans need not only to eat, let alone live in a big city, I think refereshing can also be a basic need considering the penantnya contents of the head because of daily activities, don't let us be economical but don't pay attention to ourselves, because if we get sick we will bear it ourselves
The deficiencies that often occur in the capital city are only about mutual cooperation and mutual assistance between people and also social matters such as those in the villages. In addition, everything is almost the same and also not much different from what is in the villages, because every time we spend money for those needs there must always be consideration from each of us. Except for someone whose needs are very different from most other people, so things like this do not only depend on the place, but also on ourselves in managing every expense.

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July 12, 2023, 10:30:05 PM
 #275

Things don't just get worse for a country out of nowhere, it's very sad to see countries that have their own resources and yet their people are suffering, the problem is like an apple that was once fresh and slowing starts to rotten, if you look onto the past of such tough countries you will see that there are cases of greedy leaders that have used a lot of money to deceive their people and rob them back in hundred folds, now it's left for the people to find a way to survive with or without the government.

If people are leaving a country for another country, there is a 99% chances that the leaders of that country they are coming from are greedy bastards that only cares about their own stomachs and families.

You are the master of your own life, do not let the greed of another man block your future, find means to make money, learn something new, be creative and see how you will have a better future.
I'd argue the whole pie, not simply the apple, should be considered. Yes, leaders affect a nation's state, but isn't the pie's taste determined by the overall recipe? Each slice, each component, affects the country. Your immigration view makes me laugh. Like suggesting all people wearing raincoats outside are frightened of getting wet. Some are, but others appreciate the style or the smell of damp polyester for unknown reasons. Your credo of self-reliance sounds like an invitation to a solitary dance-off on life's vast stage. But not everyone can dance or afford shoes. I see a creative spark and enthusiastic catalyst for change in your writings. Let's fan that flame for ourselves and everyone else on the dance floor

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Hamphser
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July 12, 2023, 10:46:05 PM
 #276

I remember when I passed my driving test 18 years ago, the price per litre of fuel was like 40% cheaper than it is now. House prices continue to rise ridiculously. I don’t see how it can all continue, something is going break & I think it will be the USD as reserve currency. Inflation is running wild, the whole world is screwed. This is why we are here though, bitcoin is here, ready to save us.
I also remember the same thing a few years ago when fuel prices were half as cheap as they are now. And even though inflation is stated to have fallen, it is strange that fuel prices are no longer decreasing. the point is when fuel goes up then they never lower it back down. then automatically makes the price of all things go up. because transportation costs, culinary and food staples all use fuel in their processing. so that everything continues to rise because the fuel also rises. Well investing in bitcoin is expected to keep us from inflation.

The current crisis is said to show signs of cooling off, but depreciating currencies over time is not new and is almost impossible to prevent. Because there are many factors that cause inflation, plus the weak management of the state, causing prices to increase day by day. I believe that at some point, the current monetary system will collapse, and the world economy will reset everything. So we must prepare for that by investing in deflationary assets like gold and bitcoin. If we don't prepare from now on, we will most likely be eliminated when that happens.
So that's what we should prepare for. We have to be prepared when something unexpected can happen to the global economic order which causes all countries to experience further crises in the economy. Real Estate and Bitcoin both have become the current trend for investment advice. and for assets that are inflation-resistant and able to maintain value, gold is a favorite of many people. Many people have said the same about this. but I'm sure in reality not everyone can do the preparation properly. because everyone's condition is always different. But I hope we can all prepare everything carefully.
When it comes to financial situation or condition then its true that everyone is really that totally different and this is why methods and ways of living would be entirely different too.If you are on the part to those people
who had been struggling because of this inevitable inflation and soaring prices then it is really just that wise to do that we should really be that finding other source of income on which we could really be able to sustain at least. Dont tend nor really that trying out to be dependent with your government because not all would really be given out the opportunity or not all would be able to solve out those common nation problems.

Also there are things which it is really out of their control and this is why it would be wise that you shouldnt really bother yourself on this part. you cant rely on them but instead you should
find ways on how you would gonna sustain.

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July 12, 2023, 11:39:31 PM
 #277

I believe that in recent years the economic situation for practically all countries has become complicated, events that have occurred such as the pandemic, wars, and political disagreements have affected the stability of centralized currencies, causing inflation worldwide... and This scenario is expected to become even more complicated, as many will know and it has come to be commented, the United States this year is going through a financial problem that is going through a fairly predominant situation that has put many on alert, most regions use the US dollar as form of payment for commercial exchanges at the international level and I go further, there are countries that have had to dollarize their territory, so a decline like this could lead us to an international economic crisis. This might not hit as hard if governments change their minds about cryptocurrencies, since for example bitcoin could be a wild card for scenarios like this. If they would just drop their rejection of these assets the disastrous results would change for everyone.
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July 13, 2023, 09:31:27 AM
 #278

I think the whole world is having the same problem as your country. If you talk to me about what is happening in our country, I will say it is the same problem as your country. The prices of goods in my country are skyrocketing. Where the rich people in my country are stumbling because of this inflation, the middle class,  The situation of the lower class people is becoming very difficult. Those who work and earn money every day,in a word those who eat day by day are in a very delicate situation,they are unable to do anything, they are unable to bear anything. The crisis is over by the middle of the month. There is no possibility of increasing the salary of those who are working. Everything is done by the government so they don't pay any attention to the people of the country? So I would say the cost of living tries to kill life.
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July 13, 2023, 11:57:17 PM
 #279

Cost of living have the direct impact over the middle class and the lower middle class people. Everything have risen, governments could atleast take action to keep the food prices under control. This could help in overcoming a major issue. Due to the rise in the price of food, people have reduced their food intake and some have reduced the meals per day. This is really hard and they don't have choice. It is the government that needs to understand what needs the priority and do it.
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July 14, 2023, 05:56:08 AM
 #280

Cost of living have the direct impact over the middle class and the lower middle class people. Everything have risen, governments could atleast take action to keep the food prices under control. This could help in overcoming a major issue. Due to the rise in the price of food, people have reduced their food intake and some have reduced the meals per day. This is really hard and they don't have choice. It is the government that needs to understand what needs the priority and do it.
That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.

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July 14, 2023, 06:47:25 PM
 #281

Cost of living have the direct impact over the middle class and the lower middle class people. Everything have risen, governments could atleast take action to keep the food prices under control. This could help in overcoming a major issue. Due to the rise in the price of food, people have reduced their food intake and some have reduced the meals per day. This is really hard and they don't have choice. It is the government that needs to understand what needs the priority and do it.
That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.
The thing is, in a country like where we lives they spend too much money to unnecessary things and they have the guts to share it on nationwide television. There's no plan for agriculture in here now, inflation really hit us hard, having a job is not sufficient even though it is white or color blue collar still it is not enough, it is hard to live in a country where you were born but the cost of living is getting bigger.
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July 14, 2023, 08:07:01 PM
 #282

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.
It is difficult to suppress and control anything that has increased, especially when it comes to food. But that doesn't mean the government doesn't have the capacity to do it, because as long as the government is really serious about dealing with it more quickly and precisely. The government can definitely make policies to reduce food prices in its territory even though it takes time to do it slowly, but this certainly won't be a problem if the goal can be more certain that in the end the people will no longer experience an increase in their living costs except for people who basically wasteful.

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July 14, 2023, 08:40:29 PM
 #283

Dealing with it would be itself a deception as its a beast created and released by government itself.   Government has the means and control to release more money as they wish, the effects of that decision are not felt until sometime later in some cases it will be years or decades.     Inflation is very attractive to government as a form of funding, debt relief and means to distance themselves from budget failure, the enemy appears to be those who raise prices or ask for higher wages when it began as the government producing cash via deficit budget planning and bond issuance.   If gov only spent actual capital, was constrained to its gold reserves the world would look differently.

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July 14, 2023, 09:34:29 PM
 #284

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.
It is difficult to suppress and control anything that has increased, especially when it comes to food. But that doesn't mean the government doesn't have the capacity to do it, because as long as the government is really serious about dealing with it more quickly and precisely. The government can definitely make policies to reduce food prices in its territory even though it takes time to do it slowly, but this certainly won't be a problem if the goal can be more certain that in the end the people will no longer experience an increase in their living costs except for people who basically wasteful.
You are right. It is not easy for price of things to reduce,  I went through a research to check price of food stuff in my country 30 years of ago. I saw that things never reduced but it keeps increasing till date, I think the price   of things can't remain the same at a particular point
, it is expected of things to go high. Depending on the government thinking that they can bring the price of things down may not happen sometimes, it is just better people get double source of income than waiting for price of things to come down.

R


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July 15, 2023, 02:37:23 AM
 #285

That's what the government has to do and I hope they really make the right policy,
it will be difficult for sure with the increasing cost of living but the salary is still the same,
as long as the policy is right, food prices will be suppressed and controlled.
It is difficult to suppress and control anything that has increased, especially when it comes to food. But that doesn't mean the government doesn't have the capacity to do it, because as long as the government is really serious about dealing with it more quickly and precisely. The government can definitely make policies to reduce food prices in its territory even though it takes time to do it slowly, but this certainly won't be a problem if the goal can be more certain that in the end the people will no longer experience an increase in their living costs except for people who basically wasteful.
You are right. It is not easy for price of things to reduce,  I went through a research to check price of food stuff in my country 30 years of ago. I saw that things never reduced but it keeps increasing till date, I think the price   of things can't remain the same at a particular point
, it is expected of things to go high. Depending on the government thinking that they can bring the price of things down may not happen sometimes, it is just better people get double source of income than waiting for price of things to come down.

The price keeps increasing, but The salary also increases, but it is only small, which is not balanced for the price of food today. This has really a chain effect because of the expensive fertilizer and the fact that the government can't regulate it. When fertilizer keeps increasing, the price of food also increases as planting becomes more expensive than in previous years. Even the farmers are saying that they aren't  getting a profit and prefer to do work in the city.
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July 15, 2023, 03:20:46 AM
 #286

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

I mean it's a big problem around the world even some of the biggest country experience inflation, and I guess there is just no way out of it. I mean we already see a lot of countries that suffer from this, I remember watching it on the news when people started to do riots, and the crime rate there was already so high plus thieves are everywhere because of the country's inflation problem. In my country the inflation was really a big hit, I remember when I was just a student 100pesos here is already a big amount of money, with that 100pesos I can already buy everything that I needed like food, fees, jeepney fare, etc. But now you're gonna need around 300-500 pesos to be able to live somehow comfortably as a student. Even on groceries something like 500 pesos you're already going to buy a lot of groceries, but now your gonna need around 3000 pesos just to buy the basic needs of groceries.

If you not going to do anything you could easily get eaten by inflation, but there is still some way around it, having multiple income streams, and as well as keeping your money out of the bank, you just need to make your money work something like a business.

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July 15, 2023, 08:10:47 PM
 #287

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

all citizens in third world countries feel the same way when the pandemic occurs and is over, the cost of living is high but the income remains the same but not all of them feel the same difficulties, some people are even richer after the covid 19 pandemic occurred.

Reducing your lifestyle is a wise way that many people do in the midst of economic uncertainty, I think you can do this, besides that, looking for side income is mandatory, it's very difficult to survive with only 1 income (especially for those who already have a family, it feels very difficult).



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Rainbot
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July 15, 2023, 08:42:50 PM
 #288

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

all citizens in third world countries feel the same way when the pandemic occurs and is over, the cost of living is high but the income remains the same but not all of them feel the same difficulties, some people are even richer after the covid 19 pandemic occurred.

Reducing your lifestyle is a wise way that many people do in the midst of economic uncertainty, I think you can do this, besides that, looking for side income is mandatory, it's very difficult to survive with only 1 income (especially for those who already have a family, it feels very difficult).
On the time that you do have a family then you should really be having that double time when it comes to working and never intend on making yourself stick in one source of income because in todays living then it wont

really be that sufficient if you do ask me.Cost of living due to inflation becomes even more worst as the years passing on which it would really be that normal that you would really be minding about on having other income source because when situations like that pandemic would occur or whatever it would be or similar then you would really be finding yourself to be on great trouble or problem.This is why its better to be advanced or trying out your best to find another source of income and tend to save for emergency purposes on which it would really be letting you on having that kind of preparedness when these things do happen.
If you do find that living in todays world is a struggle then it would common sense that you should find another income source.

It might not be so simple on doing so but at least you do make out an immediate step for you to avoid yourself on such difficult situation.

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July 15, 2023, 08:44:00 PM
 #289

While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
  Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
 Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
  the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.

all citizens in third world countries feel the same way when the pandemic occurs and is over, the cost of living is high but the income remains the same but not all of them feel the same difficulties, some people are even richer after the covid 19 pandemic occurred.

Reducing your lifestyle is a wise way that many people do in the midst of economic uncertainty, I think you can do this, besides that, looking for side income is mandatory, it's very difficult to survive with only 1 income (especially for those who already have a family, it feels very difficult).

It's a must, in minimizing your expenses and try to find additional side jobs to fill the big gaps as we are really having difficulty to face this situation, the cost of living even with those who have a decent paying job are being felt and we can't argue about that in many places this condition are really bringing tough and hardship with each individuals especially those who only earn minimum or less than the minimum wages.

Need to work harder and find add-ons with your salary, selling online or even extending your time to find extra jobs to make sure that you can address the needs of your family.

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July 15, 2023, 08:54:50 PM
 #290

It does seem that the rich are getting richer & the poor are getting poorer doesn’t it. I think many companies have used COVID as an excuse to massively inflate prices & blame it on things like shipping. We’ve all struggled over the last 3 years & I don’t know when it’ll get better. All we can hope is that we avoid recession & inflation massively decreases & price come down. Most of us don't expect to be rich but it’d be nice if every day things were affordable.

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July 15, 2023, 11:50:49 PM
 #291

It does seem that the rich are getting richer & the poor are getting poorer doesn’t it. I think many companies have used COVID as an excuse to massively inflate prices & blame it on things like shipping. We’ve all struggled over the last 3 years & I don’t know when it’ll get better. All we can hope is that we avoid recession & inflation massively decreases & price come down. Most of us don't expect to be rich but it’d be nice if every day things were affordable.
The trigger for the price increase actually did not just happen because of the post-pandemic impact. but price increases also occurred as a result of the impact of the war conflict that occurred between Russia and Ukraine. that is, when fuel prices rise dramatically, all things that use fuel will certainly experience an increase. and of course at this time there are many fields that cannot be separated from the use of fuel. so that the increase that occurred in all industrial sectors became unavoidable. and what makes us annoyed is when the price of fuel has fallen but it turns out that the prices of some necessities in the market have not decreased again. For example, the price of transportation costs has not decreased even though the price of gasoline has decreased slightly here. and many other things in common.

The rich are getting richer because they have large reserve funds that are used to buy valuable assets that have decreased during the pandemic. and when the economy recovers they get more and more profits because the assets they bought start to grow in price.

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JeffBrad12
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July 16, 2023, 12:13:57 AM
 #292

It does seem that the rich are getting richer & the poor are getting poorer doesn’t it. I think many companies have used COVID as an excuse to massively inflate prices & blame it on things like shipping. We’ve all struggled over the last 3 years & I don’t know when it’ll get better. All we can hope is that we avoid recession & inflation massively decreases & price come down. Most of us don't expect to be rich but it’d be nice if every day things were affordable.
thats true I just feel like many are undermining the effects of inflation over the course of the year that gets heavily influenced by the presence of COVID.
everything is quite literally so inflated right now in terms of price that I think life gets harder and harder when the buying power isn't there.
we can work all day long having two shifts and we'd still broke, its just how it is nowadays, life aren't about living anymore its all about competition and just surviving.
what a tough world we live in but then again thats just how the reality is.

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July 16, 2023, 02:04:36 AM
 #293

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).
The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.

I agree, that indeed by increasing income and doing a lot of work will make our finances better.


The best thing for us to do is to continue to increase our sources of income, especially now that we can easily get any information on the internet because the knowledge to create a source of income for a business can be easily and for free, don't miss this easy opportunity and always be optimistic that the future will get better soon.
Jatiluhung
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July 16, 2023, 12:07:50 PM
 #294

It depends on each one experience... For me, only COVID years were suck, and the rest is fine because I'm doing rather well (thank God).
The key here is your income level, the higher, the more it has resistance to bad economic conditions. We can't control the economy, but we can somewhat control our income. Look for better jobs or do multiple jobs (side hustling), if you are on the correct track, your well-being will always be better even if the economy is bad.

I agree, that indeed by increasing income and doing a lot of work will make our finances better.


The best thing for us to do is to continue to increase our sources of income, especially now that we can easily get any information on the internet because the knowledge to create a source of income for a business can be easily and for free, don't miss this easy opportunity and always be optimistic that the future will get better soon.
Opportunities to get side jobs and additional income nowadays are indeed much easier than in ancient times when there was no internet and digitalization did not exist. Now in the digital era everything has become more practical. including in finding work and additional income that can strengthen the financial resilience that we have.

Adding income from a side job via the internet can be even more flexible with time. for example becoming a reseller on social media, becoming a content creator on various social media platforms or even on YouTube, becoming an influencer, or even if we have skills in crypto trading then we can open a VIP class to share trading signals and share insights. The point is that there is a lot of work that we can do to bring in additional income at this time. I also have income from a main job and a side job. and this has helped my economy so far.

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