The cost of living is trying to kill the living

[lizarder]

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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[Spaceman1000$]

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.

[bosede1]

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.

[Alisha-k]

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.

[Alisha-k]

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.

[Yawa2020]

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  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.

[Ataiwo913]

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

[samcoin]

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.

[serjent05]

~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.

[Dragonfund]

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.

[abralzain17]

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.

[Aanuoluwatofunmi]

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.

[S A KHAIR]

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.

[Kadal Ijo]

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.

[GeorgeJohn]

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.

[GreenStox]

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.

[Mpamaegbu]

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.

[Kgdktac]

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.

[Huppercase]

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.

[terrific]

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.