Will inflation in the world grow by 2023?

[Smack That Ace]

The cost of production of goods keeps increasing as we move into the future, and that causes an increment in the inflation of a country since companies producing these products will tend to sell them at a higher price, and then merchants sell them at even a higher price to the public. The government can control inflation but only if they manage to generate enough money within the country to spend on things that cause this.

Some governments manage to control inflation by reducing the cost of agricultural products which then reduces the production price of different products and the public gets better prices for those products.

I doubt it, if the government gets inflation under control, they won't let this inflation get as bad as it is now. All countries in the world are interconnected and depend on each other to survive, so once there is a supply and demand problem, it will affect the entire system. As a result, some governments will find it difficult to control inflation to their liking. How will the government reduce product costs in the context of higher-than-normal import prices of raw materials, supplies, and energy? It sounds simple, but the solution is not as easy as you say.

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[YUriy1991]

I understand what you mean and where you are going. Inflation, even at moderate levels, can affect consumer behavior, investment decisions and business strategy. Yes. This is a complex economic phenomenon that is influenced by many variables, ranging from monetary policy, fiscal policy, supply and demand dynamics, and market expectations.

Good action (anticipation) is needed especially from the government and central banks as a measure to guard against rising prices and market volatility especially when prices rise quickly and unexpectedly because this can erode purchasing power, disrupt supply chains, and create uncertainty in destination markets ultimately managing inflationary pressures in a place in particular and the country in general.

[YOSHIE]

2022 Inflation has been felt all over the world, entering 2023 Inflation is much more severe which is felt by several countries, maybe almost every country is experiencing inflation economically in terms of goods and others.

Currently what the public feels about rising prices, which does not subside, is getting worse day by day, many small and large entrepreneurs are out of business because of the continuing price increases, raw materials are swelling, while the people's economy is declining, indeed 2023 is the year bad inflation occurred for the world, this is happening more and more widely, now not only one or two products are experiencing an increase, on average almost all of them are swelling.

[Wildwest]

Inflation can occur by many factors and we cannot be sure that this year there will be inflation, but from the current economic situation indeed inflation has almost occurred because many people have felt depressed by the increase in prices of goods, but this cannot be sure that inflation can just happen, although economists have collected a lot of data about the occurrence of inflation but we must all be able to prepare ourselves so that later it will be easy to live everything  existing problems.

[fauzan Ichsan]

Inflation can occur by many factors and we cannot be sure that this year there will be inflation, but from the current economic situation indeed inflation has almost occurred because many people have felt depressed by the increase in prices of goods, but this cannot be sure that inflation can just happen, although economists have collected a lot of data about the occurrence of inflation but we must all be able to prepare ourselves so that later it will be easy to live everything  existing problems.

and it seems that our people have understood the impending inflation, they seem to have become friends with an increasingly difficult economic situation because all prices have increased significantly, especially for employees who have not experienced a salary increase, of course they will rack their brains to make ends meet. therefore we cannot depend on one source of income, we must be able to find additional income. once the price has gone up, it will be difficult to go down, it seems that everyone already understands that

[Semar Mesem]

The problem of inflation is now a common thing in almost all countries, this is because the country only thinks of continuing to print the amount or supply of money so that the value of money will continue to decrease, the best solution at this time is to use gold so that the value of money even though it is made 100x than the current stock then it will never come down.

[benalexis12]

Reading the morning summaries of the newspaper, I came across an article that, according to forecasts, inflation will not remain within the limits of the predicted non-percentages, but will increase and grow, thereby creating economic instability in the world. Do you think it is worth relying on the opinion of economic experts? There have not been any official statements from banks by country yet, but the dynamics show that inflation is growing along with the annual rate of banks. But now it is quite high in all countries, respectively, the rise in price and instability in the markets should be expected or a slight increase in inflation is possible, which will not affect the economy of the world?

No matter what each country does and no matter how good the leader of each country around the world is, nothing can get rid of the inflation problem. That's why I see only two options there, either we control inflation or inflation is controlled in each country. So it depends on what the government will do about that matter. Just like this year, I think it will be paused because they are avoiding the recession because it is a bigger problem when there is a recession.

[bluebit25]

IMO, forecasting inflation and its impact on the economy is a complex matter and requires many factors to be considered. Economists often use data and analytical models to forecast inflation and make recommendations on economic policy to stabilize the market and manage inflation.

However, the exact effects of inflation on the world economy cannot be certain. Rising prices and instability in the market are obvious effects of inflation and can cause difficulties and pressures on the economy. However, there can be various factors, such as political stability, economic strength, currency value and economic policies adopted by countries, that can have an influence on How inflation affects the economy. Therefore, making decisions and economic policies need to carefully consider and make accurate forecasts and assessments to ensure the stability of the world economy.

[Patrol69]

As the rate of inflation will increase more in the coming days, the prices of various commodities will increase and this may be a bad news for those who have deposited money in the bank because the bank is heavily indebted due to inflation and if the amount of loan increases, the bank declares itself bankrupt. As a result, people who keep money in the bank lose all their wealth. Therefore, it may be a good decision to convert your money into Bitcoin in this period of inflation without taking the risk of losing your assets. Because we never want to lose our hard earned wealth.

[southerngentuk]

Inflation affects the entire economy of a country. When that happens, the government can increase the money supply, which can contribute to inflationary pressures, but that carries a lot of risks. Moreover, the relationship between money supply and inflation is complicated, and other factors are involved. Although it is difficult to keep up with information related to the economic situation, it is also difficult to deal with it. In addition, each country has different inflation rates, so it is difficult to specify and make policies suitable for each economy.

[Flexystar]

I still consider this as factual analysis and there are many answers to this. First of all inflation is literally unpredictable and situation could turn upside down any moment. For example, what if war between Russia and Ukraine stops suddenly? What if all the Russian bans are uplifted, there forms a nice and calm treaty amongst the nations and oil circulations starts back online.

Such changes can literally happen at anytime thus giving the inflation an entirely different direction. Or this could go even in the wrong direction. Now consider nothing that is mentioned above happens, and there is worsen situation of the war which turns towards the mega nations around the world. Well that day we don't want to see and feel, and it could lead to years of inflation with non ending crisis.

So basically anything is possible for sure.

[Bitstar_coin]

I think the question now will be..... Will inflation still persist by 2024 or something must have been done by various countries government.
We in ending of Q2 2023 and most of the country still experience high inflation rate which now makes one to wonder these could drag into next year or there will be solution before this year runs out. The situation is very serious, in my country, things are damn too expensive, the standard of living is so high most people are struggling to survive.

[Gyfts]

...

Debt and money printing become a positive feedback loop once the government intervenes. There is no chance at reversal.

The government will spend money that doesn't exist, flood the economy with too many dollars causing demand to increase, and then the central banks try to raise interest rates as a result. The cycle repeats itself over and over again.

I don't expect to see hyperinflation soon, but there is a "greater than zero" probability of hyper inflation given the current protocol of reckless future borrowing, as far as USD is concerned. Most recently I've seen Argentine pesos inflate at triple digits, and the situation there has deteriorated quite rapidly. They're not at a hyperinflationary stage yet -- their central banks hiked interest rates rather severely.

[Fortify]

Reading the morning summaries of the newspaper, I came across an article that, according to forecasts, inflation will not remain within the limits of the predicted non-percentages, but will increase and grow, thereby creating economic instability in the world. Do you think it is worth relying on the opinion of economic experts? There have not been any official statements from banks by country yet, but the dynamics show that inflation is growing along with the annual rate of banks. But now it is quite high in all countries, respectively, the rise in price and instability in the markets should be expected or a slight increase in inflation is possible, which will not affect the economy of the world?

Unless there is another catastrophe to hit the world, like China invading Taiwan, then it feels like things are slowly getting better right now. Russia's invasion of Ukraine created some huge domino effects which rippled around the world, not least of which is Russia ending up much poorer and with less influence - especially as it has showed up their ridiculously bad military. Sure, Europe has to pay a bit more for oil and gas, but to preserve freedom it makes sense to accept that. We probably took for granted that they wouldn't do something so stupid, because a lot of staple ingredients like wheat came out of these two countries which have been ravished by war. It's always the poorest who will suffer first and the richest countries that suffer last.

[koleusdat]

Inflation will grow even more, there has never been such a rollback. Therefore, it is better to buy real estate or invest in crypto. In these areas you will be able to save your savings.

[kryptqnick]

Op, if you read about inflation prognosis, it would be helpful to see the links and understand what exactly you are referring to.
Inflation is really different in different countries. For example, Japan, the third economy in the world, frequently has negative inflation (deflation), and when it has inflation, it's very mild. Their latest inflation rate was around 4%. China seems to be doing really well with inflation, too, having it below 3% in 2022 and over the last few years.
EU has a target of 2%, but it doesn't usually reach it and won't reach it this year as well. It's around 7% now, and it seems that the worst is left behind in 2022. As for the USD, it's currently around 5%, and it also seems that the worst is behind us.
So will there be some inflation this year? Of course. Will some countries not reach their target? Surely. But will there be a crisis over it? Probably not, unless something like another major war starts (which, to be honest, is not completely unlikely).

[MoonOfLife]

2022 Inflation has been felt all over the world, entering 2023 Inflation is much more severe which is felt by several countries, maybe almost every country is experiencing inflation economically in terms of goods and others.

Currently what the public feels about rising prices, which does not subside, is getting worse day by day, many small and large entrepreneurs are out of business because of the continuing price increases, raw materials are swelling, while the people's economy is declining, indeed 2023 is the year bad inflation occurred for the world, this is happening more and more widely, now not only one or two products are experiencing an increase, on average almost all of them are swelling.

Inflation is on track to decrease compared to inflation in 2022, but the Fed raising interest rates too high has made the world economy much more difficult. And that's what they want because when unemployment is high and the economy starts to slow, it shows that their rate hikes are working, which drives inflation down. But this also has two sides: it is very easy to bring the economy into crisis.

[Republikcoin.com]

Inflation will grow even more, there has never been such a rollback. Therefore, it is better to buy real estate or invest in crypto. In these areas you will be able to save your savings.

Real estate and crypto are two very different investments now even if you say it saves money, I don't think investing is the only way to save money. Because the common thing that can make everyone to save is saving and not spending more money on things that are not needed. And as for the problem of inflation which may still continue to grow, I think the government in every country has been able to overcome this, although sometimes it is also difficult because each country needs to have its own product to fight inflation.

In addition, everyone also needs to work hard to be able to get additional funds so they can continue to live a better life without having to depend on the government. Because it can also make everyone fight inflation and will never be affected by inflation because they have extra income in their lives, although not everyone can work hard to fight inflation, but if there are more people who are able to do well in every their respective countries, I think that inflation will soon disappear by itself.

[FrozenBit]

It is true that inflation has a lot of impact on people. When the inflation rate increases and the prices of goods increase, the need to spend a larger amount of money to buy them causes the purchasing power to be significantly reduced. In addition, companies are also affected when input costs increase and profits or competitiveness are significantly reduced. A not-small challenge related to the survival of a whole group in difficult times Therefore, it is necessary for the government to take various measures to mitigate the negative consequences and find a path towards stability and recovery.

[Etranger]

Considering that most of the world's economies depend on the United States, it is necessary to analyze first of all what is happening with them. At the moment we are seeing an increase in interest rates. Most likely, this will continue throughout this year, although there may be pauses, freezing for short periods of rates at previous levels. On June 14 FED will present new interest rates and I tend to believe there will be a preservation before a continuing rise in July. What is happening in the US banking sector is forcing to slow down economy, thus to slow down inflation. Investors escape to stock market and the US dollar right now, but how long will it be the safe harbour? Such interest rate games could cause the economy to reel with high levels of debt and we can see even more bankruptcies than before.