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Author Topic: Will inflation in the world grow by 2023?  (Read 771 times)
milewilda
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May 25, 2023, 07:09:49 PM
 #61

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.
Saving but not on the sense that you would really be stashing out fiat because we know that inflation is something an inevitable thing to happen on which it would really be just that right that saving up fiat on your bank account is something that not recommendable and if you are making yourself tend to avoid about it then investing would really be something that recommendable and it is really just that right on dealing up with real estate too but of course it would really be depending on the property because not all would really be having that kind of appreciation when it comes to this on which it would really be depending on what are the things
that you've been dealing or involved with. You should be smart on making yourself in terms of investment because there are lots of factors to consider first before you would really be
successfully finding yourself that able to sustain against inflation.

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May 25, 2023, 07:29:03 PM
 #62

Based on what you mentioned, it seems like inflation might go beyond predicted percentages, leading to economic instability worldwide. While there haven't been official statements from banks yet, the trends show that inflation is on the rise along with the annual bank rates. With high inflation levels globally, we should expect price hikes and market instability. However, the exact impact on the global economy is uncertain. It's a good idea to keep an eye on the situation and seek advice from economic experts to stay informed.
The experts may know more about the economy than we do, but their predictive abilities are no better than the average person, because they do not have the insider information that politicians have and because they are unable to think outside the box as we routinely do.

So keep your eyes open and protect yourself, maybe inflation does not go up anymore and it finally gets under control by the governments, but what if that does not happen? If you fail to take those preemptive measures now then by the time you do so, it will be too late already.
If they know more about the economy then they can predict better than us when it comes to these matters because they can use certain information. Politicians might influence the inflation so there is no need for them to have an insider information. Inflation is not a joke so yeah we need to be observant and see if it's coming already or not but it's always better if we can prepare early for it.

There are times where the inflation rates are stable but there are also times it isn't. Governments can control it sometimes but there are also the ones who can worsen it. Anyway let's hope 2023 will be a good year for now because the past years seems a tragic one.

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May 25, 2023, 08:04:44 PM
 #63

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.
You could never know, you gave a great example with Taiwan, we wouldn't really know if that will happen or not, maybe it will, maybe it won't. The whole world is on the verge of collapsing and we are watching, why do you think we have more and more floods and fires every single year, wait for this summer and I guarantee you 100% that there will be huge fires somewhere on the world, no idea where it will pop up this time, but it happens every summer, didn't when I was back in college or high school.

So we could definitely have world shattering stuff at any time, or maybe we won't. If we do, then we are going to see financially strain billions this time, and there is no pretty way out of that, it is going to screw over everyone, even rich people will be impacted hugely this time around.

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May 25, 2023, 08:08:04 PM
 #64

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?
You do not need the government if your country or the banks to release a reliable inflation index for you to know the status of the economy and how it's gonna be beyond.
The inflation rate is on the rise and it will continue on this leather till the bubble is bursted.
Take actions now to save you family, invest, diversity and take up more than 1 job if possible. This will be the thing to save you from the high inflation we are witnessing and the one to come.

R


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May 25, 2023, 08:09:19 PM
Merited by The Sceptical Chymist (3)
 #65

It's Already mid of 2023 and I  think we have faced a lot of crises in the crypto market this year and 2022 but ups and downs are the reality of life we can't complain about it. Inflation in 2023 is heading up and I think a maximum of the countries faced economic disaster due to inflation in my own country the current inflation rate is around 60% on the domestic products and the consumer products are inflated over 100%. I think my country is top 10 lists of the most inflated countries across the world reason is political instability.

✱ Venezuela — 1198.0%
✱ Sudan — 340.0%
✱ Lebanon — 201.0%
✱ Syria — 139.0%
✱ Suriname — 63.3%
✱ Zimbabwe — 60.7%
✱ Argentina — 51.2%
✱ Turkey — 36.1%
✱ Iran — 35.2%
✱ Ethiopia — 33.0%

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May 26, 2023, 12:46:09 AM
 #66

From how things continue to move economically, my personal prediction would point out to a increase of inflation worldwide (or at least in the biggest economies on the planet) however, I am also expecting inflation to go slower as times goes on and economy recovers.

Of course, I am assuming politicians from Europe and the United States won't screw up the chances of recovering by defaulting on their debts or even weakening the strength of the union of the countries in Europe, as Russia tries to take over Ukraine.

This can be grim now, but things can improve if we leave cheap politics to one side and embrace common sense.

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May 26, 2023, 02:46:33 AM
 #67

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.

What are the signs that inflation will continue to increase in the near future? According to various reports of countries' governments, especially the US economy, inflation gradually decreases over time.

The banking industry in the US is in a state of crisis, and that does not mean that all banks in the world are in the same situation. Banks in my country are still operating normally, not a single bank has collapsed. I also disagree with you when you say that taking all our money out of the bank and putting all our assets in bitcoin is risk-free. Bitcoin is still considered the riskiest asset because of its volatility and uncertain future, it is only suitable as a speculative asset, not a safe-haven asset. We invest in bitcoin because we want to get high returns and become rich, but at the same time, we will also face increased risks. In short, nothing is perfect, so when it comes to our safety, the best way is to diversify.

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May 26, 2023, 06:24:35 AM
 #68

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?
Economic experts are not perfect, they are only speculative based on their experience and the available data at their disposal, so their speculation might be right or wrong. However, it should be noted that inflation is a global issue now and might have subsided months ago. But the recent inflation figures are now causing panic again as the curve is now shifting higher globally.

https://i.postimg.cc/jjqJDBJN/US-inflation.pnghow to check if my keyboard is working

The US which is most referenced in this regard since its currency is vital to the world, is facing increased inflation and it was not a good figure last month. Experts believe that it will be rising till 2025 as you can see in the graph above, so we should get ready for it. While below image shows the last CPI figure of the US. The previous value was 0.1% and the last value was 0.1%, which speaks that inflation is still bitting.

https://i.postimg.cc/DyMmTsPQ/CPI.png

And for your reference, inflation doesn't necessarily have to grow with the rates as I've experienced, other factors are contributing as well. It's the USD that has the blessing of inflation as the currency is a Safe-haven asset.
Does it mean that it will now stand still or will it increase at a small pace?
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May 26, 2023, 06:33:09 AM
 #69

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?

Have you for once stopped listening to the media and view inflation from the chart to see what has been happening by yourself? Inflation is synonymous with a price increase, once it goes up, no way the price will be coming down, there is every tendency that it may stabilize and stay there for a while, but it wouldn't depreciate and even if it does, it will be by a small ratio but mostly shoot up and if you check yearly inflation rate of any country, there is always a yearly increase. Regarding your question, I believe there is going to be an increase in inflation for sure and don't expect the price of groceries to remain the way they are by the end of next year.

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May 26, 2023, 07:03:37 AM
 #70

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?
Economic experts are not perfect, they are only speculative based on their experience and the available data at their disposal, so their speculation might be right or wrong. However, it should be noted that inflation is a global issue now and might have subsided months ago. But the recent inflation figures are now causing panic again as the curve is now shifting higher globally.

how to check if my keyboard is working

The US which is most referenced in this regard since its currency is vital to the world, is facing increased inflation and it was not a good figure last month. Experts believe that it will be rising till 2025 as you can see in the graph above, so we should get ready for it. While below image shows the last CPI figure of the US. The previous value was 0.1% and the last value was 0.1%, which speaks that inflation is still bitting.



And for your reference, inflation doesn't necessarily have to grow with the rates as I've experienced, other factors are contributing as well. It's the USD that has the blessing of inflation as the currency is a Safe-haven asset.
Does it mean that it will now stand still or will it increase at a small pace?
As it is, more time is needed to study and conclude on the next decision regarding global inflation as some countries are now recording more down curves, but the US inflation seems to be rising. The inflation between 2021-2022 was so obvious, and towards the end of 2022, inflation subsides and the curve flatted and even later pointed lower. Bt later flatted back and point slightly higher for the US, which could only mean that inflation in the US might continue to rise again as suggested by the last CPI data stated above.

Nonetheless, since the time that it did last two flattenings are not so farther from each other, it is better that we are patient and not rush to conclusions, With more monthly economic data, we will be able to ascertain where the inflation is heading.

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May 26, 2023, 07:36:43 AM
 #71

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?
Economic experts certainly have a mature analysis of their opinion about this inflation. So if you trust economists, there's actually nothing wrong. But we as people who will definitely always be faced with the so-called economy, must continue to do independent analysis, according to our own point of view. Because as is happening now, inflation is not easy to contain. Like the forecast of the economic situation that will occur this year, I'm sure it will be very difficult to predict. Because what I feel right now, the economic situation in the country where I live, can be said to be quite stable. When compared to 2022, this year can be said to be better. Although there are indeed a number of things that have experienced an increase, such as food staples and building raw materials. But all of that can be neutralized, right, with the return of the workers who were expelled first. So with that current situation, I don't think it's too bad.

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May 26, 2023, 07:51:37 AM
 #72

I think inflation continues to grow every year. Therefore, I think we also understand that if the poverty rate in the world continues to increase, this is also due to the price of basic goods that always goes up, even though the income remains like that or even decreases. those who survived were those who kept the gold. and I think this inflation cannot be completely avoided we can only prevent but there is no way to stop it.

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May 26, 2023, 11:30:45 AM
 #73

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.
I still believe that you need to go into debt in order to save. Not a lot of people could just put money aside, you need to put them in debt and make them pay that debt and that debt has to be an asset. Real estate is a great one for that because you get mortgage and you pay that mortgage or bank will take the home back, so you are forced to save money for investment.

Bitcoin doesn't have that right now and that's the issue, I can't take out a 60k dollar loan to buy bitcoin, it's not allowed. This is why I believe that we should be considering this situation a lot more proper for people who can't save, just get real estate and then pay it, if you really want to get bitcoin, then resell the house and use the money to buy bitcoin when the debt is done.

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May 26, 2023, 12:31:47 PM
 #74

Officials will never give the real inflation rate, they just use the basket which will give the most minimal rate so they can convince the people nothing worse is happening but as an individual who faces the circumstances in reality knows what is happening and the possibility of the inflation will be higher in future.

Based on my personal experience the prices of day to day products increased atleast over 10 to 20% and the condition depends on the currency we are talking.









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May 26, 2023, 12:40:20 PM
 #75

I would like to make a short comment as I live in a country that has been fighting inflation for many years. Of course, if I'm going to comment on a country basis, of course, it would be the best option to make an assessment on the currency, management, political decisions and economic situation of that country. Since I will express my comments around the world here, it will suffice to state some details that I have observed throughout the inflation process.

- First of all, I believe that the inflation problem will grow more this year due to the fact that the world economy is getting worse day by day. Moreover, this situation will be a serious problem that will affect not only developing countries but also developed countries, and even chaos will occur in the inflation environment.
- The fact that countries are not able to control inflation and that they continue to printing fiat money will cause inflation to increase by accelerating.
- Due to the inflation problem, many consumers will feel the need to stock up in order not to buy a product at a more expensive price later. This will lead to stock shortages, increased demand, and indirectly to uncontrolled inflation.
- The depreciation of currencies due to inflation will frighten consumers a little more and consumers will turn to many various investment tools in order to protect their savings. This will result in a financial market that is not a serious bullish signal for the markets, but will have intense cash outflows.

In this comment, which I started briefly, I touched on some scary details. You should remember that these are assumptions based on my observations and personal opinions and it is not clear that all of them will come true.
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May 26, 2023, 01:10:14 PM
 #76

In my opinion, the source of inflation is a country that uses a centralized financial system so when a problem occurs it will be more difficult to overcome, it is time for the country to try a decentralized financial system so that it will provide opportunities and opportunities for anyone to save, of course the country has a large financial stock so it can do intervention when there is a problem of inflation.
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May 26, 2023, 01:41:48 PM
 #77

In my opinion, the source of inflation is a country that uses a centralized financial system so when a problem occurs it will be more difficult to overcome, it is time for the country to try a decentralized financial system so that it will provide opportunities and opportunities for anyone to save, of course the country has a large financial stock so it can do intervention when there is a problem of inflation.
There is a lot of ununderstandable stuff going on which cannot be understood by the normal person. So its better one should mind their own business and do what is in their best interest disregard what is going on in the market unless they are linked to it!

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May 26, 2023, 01:59:05 PM
 #78

Have you for once stopped listening to the media and view inflation from the chart to see what has been happening by yourself? Inflation is synonymous with a price increase, once it goes up, no way the price will be coming down, there is every tendency that it may stabilize and stay there for a while, but it wouldn't depreciate and even if it does, it will be by a small ratio but mostly shoot up and if you check yearly inflation rate of any country, there is always a yearly increase. Regarding your question, I believe there is going to be an increase in inflation for sure and don't expect the price of groceries to remain the way they are by the end of next year.
In addition to not listening to what the media is talking about, it would also be worth it to just take and calculate by how many percent the prices of the products you are familiar with, those that you buy most often, have increased. It is likely that many will be surprised by the fact that prices have not risen by 5-6%, as they are trying to tell us, in reality inflation is more and this will definitely not change any increase in interest rates, which is so much talked about. In fact, raising rates cannot slow down inflation as expected, it's just that the more money they print, the higher inflation will be and it will not change anything.

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May 26, 2023, 02:01:12 PM
 #79

I don't think even economists are heroes. it is not about how inflation is handled. but I am aware that inflation will make those who are in poverty even poorer, they will find it difficult to survive. but for those who are already rich I think they don't care about the poor, I mean how those who lead a region should care more about inflation because it can make many people starve to death.
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May 26, 2023, 05:51:36 PM
 #80

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.
Your savings will potentially be on the verge of getting devalued in times of inflation if you are saving them in fiat since we all know when a country is hit by inflation, the value of money doesn't stay the same. If the country makes international trades using US Dollar, the value of it will significantly increase against the local currency of that country.

When you invest your money in real estate or any asset like Gold or Bitcoin, it will at least be safe from devaluation, although it will have the risk of dropping value if its invested in Bitcoin but it also has chances of appreciating as the price of Bitcoin can go up as well.

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