Bitcoin Forum
June 17, 2024, 04:33:58 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6] 7 8 »  All
  Print  
Author Topic: Is Inflation Necessary  (Read 1194 times)
poodle63
Hero Member
*****
Offline Offline

Activity: 2688
Merit: 510


Leading Crypto Sports Betting & Casino Platform


View Profile
May 27, 2024, 09:17:21 AM
 #101

In my opinion, every country experiences inflation, but inflation is not too high. What the country doesn't want is deflation because deflation has a terrible effect on the market so that there is no economic growth for the country.
everything has advantage and disadvantage I guess with deflation it also strengthen conversion rate but as you said might have bad effect also.
its good if salary increase also align with the inflation so that the money can be inflating but our purchasing power won't gone in vain.
since our economic entirely depends on the circulation of the money, hopefully such thing can happen.
otherwise with the reduced purchasing power for middle class and the lower class people based on income rate, then the poverty gap will be even higher than it is right now.
definitely not an easy way to solve but there should be an effort to be put into solving this.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
highalch
Jr. Member
*
Offline Offline

Activity: 83
Merit: 3


View Profile WWW
May 27, 2024, 12:04:34 PM
 #102

Fun fact: in order to keep inflation 0%, governments would still need to keep printing money.

Deflation is the base state of all economies, given that technological advance results in more produce year by year.
Moeda
Sr. Member
****
Offline Offline

Activity: 1585
Merit: 271


Enterapp Pre-Sale Live


View Profile
May 27, 2024, 01:07:48 PM
 #103

The bitcointalk forum is comprised of diverse people from all over the world. Our countries' must have gone through inflation as a nation at least once or more since its history. As a refresher, inflation happens when the prices of goods and services rise and people can no longer afford those items because the country's money almost becomes useless. But is inflation needed? Why can't we just keep the currency at the same value? And why does it only happen to money? For example, the same wouldn't happen if we used gold as a currency instead. Is inflation a ploy that the government uses so people don't get rich off of savings?
The only currencies that have never lost their value since 1400 years ago are the dinar and dirham. Apart from dinars and dirhams, their value will also be lost, including dollars. Because money made of paper does not have the same intrinsic value as currency.
1 dollar in 2000 might have bought a carton of mineral water, but if you buy it now you can only buy one bottle.
This kind of thing causes inflation to occur, and the government in any country cannot stop this problem except those that use dinars and dirhams.

I think the government is stuck with the agreements with the central bank when the paper currency was formed and accepted it as the country's official currency. Because before the existence of paper currency, only securities were used as a transaction tool. As I understand it, the details can be studied further.

█████████████████████
█████████████████████████
█████████▀▀▀▀▀▀▀█████████
██████▀███████████▀██████
█████▀███▄▄▄▄▄▄▄███▀█████
████████▀▀▀▀▀▀▀▀▀████████
█████████████████████████
█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████
█████████████████████████
██████▄███████████▄██████
█████████▄▄▄▄▄▄▄█████████
█████████████████████████
█████████████████████
██████████
██
██
██
██
██
██
██

██

██

██

██

██████████
 
CRYPTO WEBNEOBANK
██████████
██
██
██
██
██
██
██

██

██

██

██

██████████
▄▄███████▄▄
▄███████████████▄
▄██████░░░░░░░░░░███▄
▄████▄▄███████▄▄░░░██▄
▄█████████████████░░░██▄
████░░▄▄▄▄▄▄▄▄▄░░░░░░░░██
████░░██████████░░░░░░░██
████░░▀▀▀▀▀▀▀▀▀░░░░░░░░██
▀█████████████████░░░██▀
▀████▀▀███████▀▀░░░██▀
▀██████░░░░░░░░░░███▀
▀███████████████▀
▀▀███████▀▀
Casdinyard
Hero Member
*****
Online Online

Activity: 2100
Merit: 887


Leading Crypto Sports Betting and Casino Platform


View Profile
May 27, 2024, 03:20:07 PM
 #104

The bitcointalk forum is comprised of diverse people from all over the world. Our countries' must have gone through inflation as a nation at least once or more since its history. As a refresher, inflation happens when the prices of goods and services rise and people can no longer afford those items because the country's money almost becomes useless. But is inflation needed? Why can't we just keep the currency at the same value? And why does it only happen to money? For example, the same wouldn't happen if we used gold as a currency instead. Is inflation a ploy that the government uses so people don't get rich off of savings?
I don't think it's a necessary thing, cause the only thing that it benefits towards are those that are already too big to fail financially, the 1 percenters per se.

Plus it fades the divide between the rich and the poor, and not in a good way too, it makes everyone that are not on the extreme upper class of society (the manufacturers, the bankers, the owners and the stakeholders) susceptible to financial loss, given the fact that it makes everything so expensive saving money is just a stupid thing to do cause by the time you already have enough money to buy what you want or need to buy, the shit you're looking to own's already more expensive than what it was initially.

It's not a necessary thing, but it's the natural course of action since every working economy on the planet right now works on a capitalist/quasi-capitalist system. And honestly, until we get a better system of economy I think I can live with this type of setup, not that I have a choice anyway lol.

As the meme guys on tiktok put it, we just have to thug this shit out cause we can't do anything about it anyway. We're just the cogs in the wheel, the consumers in a world ran by producers.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Abiky
Legendary
*
Offline Offline

Activity: 3234
Merit: 1364


www.Crypto.Games: Multiple coins, multiple games


View Profile
May 28, 2024, 12:00:49 PM
 #105

The only currencies that have never lost their value since 1400 years ago are the dinar and dirham. Apart from dinars and dirhams, their value will also be lost, including dollars. Because money made of paper does not have the same intrinsic value as currency.
1 dollar in 2000 might have bought a carton of mineral water, but if you buy it now you can only buy one bottle.
This kind of thing causes inflation to occur, and the government in any country cannot stop this problem except those that use dinars and dirhams.

I think the government is stuck with the agreements with the central bank when the paper currency was formed and accepted it as the country's official currency. Because before the existence of paper currency, only securities were used as a transaction tool. As I understand it, the details can be studied further.

Each Fiat currency is backed by debt. In other words, they're backed by nothing. Back then, the USD was backed by Gold. But the US government had to change this to benefit itself. Inflation only makes the rich, richer and the poor, poorer. Central banks can print as much money as they want without affecting them whatsoever. They're the ones who make the rules of the game. And there's nothing we can do about it.

If you ask me, I'd say inflation is only necessary to encourage spending of Fiat currencies. Making them deflationary will encourage people to hold them more than they would ever spend it. Just like what's been happening with Bitcoin today. Everything done in moderation is good. Inflation only becomes a problem when it's too high. Keeping levels steady will ensure a smooth running of the economy. Hopefully, central banks will fix high inflation rates before it's too late. Sad

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
Davian144
Hero Member
*****
Offline Offline

Activity: 2562
Merit: 578


Next Generation Web3 Casino


View Profile
May 28, 2024, 12:34:23 PM
 #106

Fun fact: in order to keep inflation 0%, governments would still need to keep printing money.

Deflation is the base state of all economies, given that technological advance results in more produce year by year.

Printing money and fighting inflation are actually not the same and must be done differently by the government, because if too much money circulates in the market without control by the government it will not be very good for a country. Moreover, every citizen has to face inflation, which sometimes makes the citizens suffer a little if the prices of basic goods continue to rise and the value of the currency itself continues to decline.

Meanwhile, the progress of technology itself needs to be encouraged by each country in terms of its development because the presence of technology in the economic sphere can also make it easier for most people who run certain businesses and can also complete their work very well without having to sacrifice more physical energy. And this can also give more people the opportunity to work and open up opportunities for certain businesses by relying on technology that already exists today.

█████████████▄▄▄▄▄▄▄█████▄
█████████████▄▀███████▄▄
███████▄▄████▀▄██▀▀█▀██▄▄▄██▄▄
█████▄████████████████▄▀█▄██████▄▄
████▀▄█▄█████████████████▄▀█████████▄
░▄█████████████████████▄▄▄██████████
█████████████████████████████████
▀████████████████████▀██████▌████
░▀████████████████████▀▄█▀███▀████
░░▀███████████▀████████▀▄███████
███▀█████████████▀██████████████
████▀████████████████▀██████████
█████▀██▀▀██████████████▀█████▀

██████    ██
██
██
██
██
██
██
██
██
██
██████████
       ▄▄▄██▄▄▄
    ▄███████████▄
    █████████████▄
   ███████████████
▄█████████████████▄
▀▀▀▀█████████████▀██
    ▀█████████████▄
    ▄▀█████████████▄
   █▀ ▀▀▀██████████▌
▐███    ▄█████████▀▀
 ▀▀     ▄█████▀▀
       ███▀▀
      ██▀

██████
██
██
██
██
██
██
██
██
██
██████
Velemir Sava
Member
**
Offline Offline

Activity: 293
Merit: 28

Enterapp


View Profile
May 30, 2024, 03:08:27 PM
 #107

Of course, there is quite a variety here from various corners of the world with different levels of problems if we relate it to inflation. If asked whether it is useful, of course there are pluses and minuses, but the biggest minus is that people scream because the price is no longer commensurate with the value of the money they spend.

To maintain the value of the government's authority, the public is only the user because the price of goods/services is determined within their authority. There is no time to use gold or anything else unless it has been legalized and legislated by the government. The last point I think not.

▀███████▄            enterapp.io       |       CRYPTO WEB3 NEOBANK            ▄███████▀
                            PRE-SALE IS LIVE                           
▀█▄ ▀█▄ ▀█▄        D E C E N T R A L I Z E D   B A N K I N G        ▄█▀ ▄█▀ ▄█▀
slapper
Legendary
*
Offline Offline

Activity: 1960
Merit: 1100


Leading Crypto Sports Betting & Casino Platform


View Profile
May 30, 2024, 03:10:46 PM
 #108

The only currencies that have never lost their value since 1400 years ago are the dinar and dirham. Apart from dinars and dirhams, their value will also be lost, including dollars. Because money made of paper does not have the same intrinsic value as currency.
1 dollar in 2000 might have bought a carton of mineral water, but if you buy it now you can only buy one bottle.
This kind of thing causes inflation to occur, and the government in any country cannot stop this problem except those that use dinars and dirhams.

I think the government is stuck with the agreements with the central bank when the paper currency was formed and accepted it as the country's official currency. Because before the existence of paper currency, only securities were used as a transaction tool. As I understand it, the details can be studied further.

Each Fiat currency is backed by debt. In other words, they're backed by nothing. Back then, the USD was backed by Gold. But the US government had to change this to benefit itself. Inflation only makes the rich, richer and the poor, poorer. Central banks can print as much money as they want without affecting them whatsoever. They're the ones who make the rules of the game. And there's nothing we can do about it.

If you ask me, I'd say inflation is only necessary to encourage spending of Fiat currencies. Making them deflationary will encourage people to hold them more than they would ever spend it. Just like what's been happening with Bitcoin today. Everything done in moderation is good. Inflation only becomes a problem when it's too high. Keeping levels steady will ensure a smooth running of the economy. Hopefully, central banks will fix high inflation rates before it's too late. Sad
Central banks can influence money supply, but it doesn't mean they don't affect themselves. The value of their fiat currency influences their worldwide economic dominance and stability. Every money printing venture risks inflation. Moderate inflation boosts expenditure, keeping the economy going. What's the true issue? Why are the rich growing richer? Printing money isn't enough; the typical citizen lacks access to financial instruments and markets that leverage inflation

Bitcoin's valuation as a safe haven, like digital gold, makes it deflationary, not merely its supply. What happens when no one spends and everyone holds? Stagnation. More than keeping assets, the economy thrives on transactions. What if we could create a stable currency that encourages spending without depreciation? This demands monetary policy innovation, not merely acceptance of inflation manipulation

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Awak Bambi
Member
**
Offline Offline

Activity: 266
Merit: 25

Enterapp Pre-Sale Live - bit.ly/3UrMCWI


View Profile
May 31, 2024, 03:32:51 AM
 #109

Fun fact: in order to keep inflation 0%, governments would still need to keep printing money.

Deflation is the base state of all economies, given that technological advance results in more produce year by year.
If we look closely, both have advantages in inflation and deflation, but we must first look at the state of the country so that we can carry out inflation, because if the country's economy is not good then the people will be miserable because they will experience inflation. unable to meet daily needs.

Inflation is actually good, but if the economic condition of society is not good it will have fatal consequences for the country, so in this case if the country wants to create inflation it must be prepared for what will happen because this inflation will bring many risks even though in the future there will be many beneficial things that can be learned.

▀███████▄            enterapp.io       |       CRYPTO WEB3 NEOBANK            ▄███████▀
                            PRE-SALE IS LIVE                           
▀█▄ ▀█▄ ▀█▄        D E C E N T R A L I Z E D   B A N K I N G        ▄█▀ ▄█▀ ▄█▀
jrrsparkles
Sr. Member
****
Online Online

Activity: 2436
Merit: 272


Eloncoin.org - Mars, here we come!


View Profile
May 31, 2024, 06:33:40 PM
 #110

Fun fact: in order to keep inflation 0%, governments would still need to keep printing money.

Deflation is the base state of all economies, given that technological advance results in more produce year by year.
If we look closely, both have advantages in inflation and deflation, but we must first look at the state of the country so that we can carry out inflation, because if the country's economy is not good then the people will be miserable because they will experience inflation. unable to meet daily needs.

Inflation is actually good, but if the economic condition of society is not good it will have fatal consequences for the country, so in this case if the country wants to create inflation it must be prepared for what will happen because this inflation will bring many risks even though in the future there will be many beneficial things that can be learned.

Inflation does nothing but reduces the value of our money that is what held in possession by middle class in their savings so higher inflation will curb the life of middle class and force them to work more to meet their needs which gives opportunities for the rich people to exploit the human resources apart from that inflation makes rich people richer cause they hold their assets in anything like gold, bonds, real estate, luxury items so if inflation hits they are the one will be benefited.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
boty
Full Member
***
Offline Offline

Activity: 1204
Merit: 228


★Bitvest.io★ Play Plinko or Invest!


View Profile
June 01, 2024, 03:37:48 AM
 #111

Inflation does nothing but reduces the value of our money that is what held in possession by middle class in their savings so higher inflation will curb the life of middle class and force them to work more to meet their needs which gives opportunities for the rich people to exploit the human resources apart from that inflation makes rich people richer cause they hold their assets in anything like gold, bonds, real estate, luxury items so if inflation hits they are the one will be benefited.
What you say is very true, those whose economic conditions are in the middle class certainly have difficulty meeting their needs because the wages they get from their work will have difficulty meeting their needs, so it is important for us to be able to prepare savings for ourselves. before inflation occurs in order to survive in this inflationary situation.
When inflation occurs, there are some people who can take advantage of this situation to increase their wealth, as you mentioned, those who have saved real assets will certainly be able to benefit from it.

jrrsparkles
Sr. Member
****
Online Online

Activity: 2436
Merit: 272


Eloncoin.org - Mars, here we come!


View Profile
June 01, 2024, 07:04:05 AM
 #112

Inflation does nothing but reduces the value of our money that is what held in possession by middle class in their savings so higher inflation will curb the life of middle class and force them to work more to meet their needs which gives opportunities for the rich people to exploit the human resources apart from that inflation makes rich people richer cause they hold their assets in anything like gold, bonds, real estate, luxury items so if inflation hits they are the one will be benefited.
What you say is very true, those whose economic conditions are in the middle class certainly have difficulty meeting their needs because the wages they get from their work will have difficulty meeting their needs, so it is important for us to be able to prepare savings for ourselves. before inflation occurs in order to survive in this inflationary situation.
When inflation occurs, there are some people who can take advantage of this situation to increase their wealth, as you mentioned, those who have saved real assets will certainly be able to benefit from it.

The fact is they can't do anything that is why they belong to the middle class they have to go along with whatever the condition becomes, but thinking about future at the present itself can give us an escape if we are skillful enough and how to channel our savings into investments instead of just keeping it as money even though its easy to say but in reality it's hard though to keep up with inflation and also save for future and it must be exhausting.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
beerlover
Legendary
*
Offline Offline

Activity: 2912
Merit: 1164



View Profile
June 01, 2024, 05:24:32 PM
 #113

Central banks can influence money supply, but it doesn't mean they don't affect themselves. The value of their fiat currency influences their worldwide economic dominance and stability. Every money printing venture risks inflation. Moderate inflation boosts expenditure, keeping the economy going. What's the true issue? Why are the rich growing richer? Printing money isn't enough; the typical citizen lacks access to financial instruments and markets that leverage inflation

Bitcoin's valuation as a safe haven, like digital gold, makes it deflationary, not merely its supply. What happens when no one spends and everyone holds? Stagnation. More than keeping assets, the economy thrives on transactions. What if we could create a stable currency that encourages spending without depreciation? This demands monetary policy innovation, not merely acceptance of inflation manipulation
Central banks will be held accountable for any mistakes that they do, which is their problem to be fair. If a central bank doesn't solve the issue, it would be responsible towards the citizens directly because in most nations they are independent, meaning that it doesn't matter to elections because people are aware that it's a different organization. President can't just go and print more money, sure there are some nations like that but in most democracies they are two different places.

So, central banks will face pressure and firing and even worse, which means that they have to do their job quite well, and not really ruin a countries economy completely. And to be fair, there aren't that many nations that got worse JUST because central banks, maybe central banks were a part of the problem, but it wasn't the only one.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
MissNonFall9
Member
**
Offline Offline

Activity: 140
Merit: 14

★Bitvest.io★ Play Plinko or Invest!


View Profile
June 02, 2024, 04:22:13 PM
 #114

Central banks can influence money supply, but it doesn't mean they don't affect themselves. The value of their fiat currency influences their worldwide economic dominance and stability. Every money printing venture risks inflation. Moderate inflation boosts expenditure, keeping the economy going. What's the true issue? Why are the rich growing richer? Printing money isn't enough; the typical citizen lacks access to financial instruments and markets that leverage inflation

Bitcoin's valuation as a safe haven, like digital gold, makes it deflationary, not merely its supply. What happens when no one spends and everyone holds? Stagnation. More than keeping assets, the economy thrives on transactions. What if we could create a stable currency that encourages spending without depreciation? This demands monetary policy innovation, not merely acceptance of inflation manipulation
Central banks will be held accountable for any mistakes that they do, which is their problem to be fair. If a central bank doesn't solve the issue, it would be responsible towards the citizens directly because in most nations they are independent, meaning that it doesn't matter to elections because people are aware that it's a different organization. President can't just go and print more money, sure there are some nations like that but in most democracies they are two different places.

So, central banks will face pressure and firing and even worse, which means that they have to do their job quite well, and not really ruin a countries economy completely. And to be fair, there aren't that many nations that got worse JUST because central banks, maybe central banks were a part of the problem, but it wasn't the only one.
All topics related to central banks and other economies play a major role in the economic instability or destruction of a country or the inflation of that countrys currency. So there is no room for anyone to argue against your view that there is no way to hold the central bank solely responsible for currency devaluation or economic malaise. However the central bank plays an important role in restoring and normalizing the economic situation through restructuring the economy. No way can all these responsible central banks escape. In this case the system of government is also interrelated.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Wakate
Hero Member
*****
Offline Offline

Activity: 1022
Merit: 526


fillippone - Winner contest Pizza 2022


View Profile
June 02, 2024, 04:58:33 PM
 #115

The bitcointalk forum is comprised of diverse people from all over the world. Our countries' must have gone through inflation as a nation at least once or more since its history. As a refresher, inflation happens when the prices of goods and services rise and people can no longer afford those items because the country's money almost becomes useless. But is inflation needed? Why can't we just keep the currency at the same value? And why does it only happen to money? For example, the same wouldn't happen if we used gold as a currency instead. Is inflation a ploy that the government uses so people don't get rich off of savings?
Virtually all countries of the world are facing inflation and we should just see it like it is only happening in just our country. Even the most richest and industrial countries are also facing inflation which is something that the government have the power to control. We might need seeing more inflation because things are getting tough everyday. People are losing their jobs due to the invention of artificial intelligence which is still going to dominate and take most people's job and their would not be need to hire people against. Things are really getting out of hand and it's important we take precautions to prevent us from getting frustrated.

.
.Duelbits.
█▀▀▀▀▀











█▄▄▄▄▄
TRY OUR
  NEW  UNIQUE
GAMES!
.
..DICE...
███████████████████████████████
███▀▀                     ▀▀███
███    ▄▄▄▄         ▄▄▄▄    ███
███   ██████       ██████   ███
███   ▀████▀       ▀████▀   ███
███                         ███
███                         ███
███                         ███
███   ▄████▄       ▄████▄   ███
███   ██████       ██████   ███
███    ▀▀▀▀         ▀▀▀▀    ███
███▄▄                     ▄▄███
███████████████████████████████
.
.MINES.
███████████████████████████████
████████████████████████▄▀▄████
██████████████▀▄▄▄▀█████▄▀▄████
████████████▀ █████▄▀████ █████
██████████      █████▄▀▀▄██████
███████▀          ▀████████████
█████▀              ▀██████████
█████                ██████████
████▌                ▐█████████
█████                ██████████
██████▄            ▄███████████
████████▄▄      ▄▄█████████████
███████████████████████████████
.
.PLINKO.
███████████████████████████████
█████████▀▀▀       ▀▀▀█████████
██████▀  ▄▄███ ███      ▀██████
█████  ▄▀▀                █████
████  ▀                    ████
███                         ███
███                         ███
███                         ███
████                       ████
█████                     █████
██████▄                 ▄██████
█████████▄▄▄       ▄▄▄█████████
███████████████████████████████
10,000x
MULTIPLIER
NEARLY UP TO
.50%. REWARDS
▀▀▀▀▀█











▄▄▄▄▄█
dezoel
Legendary
*
Offline Offline

Activity: 2058
Merit: 1075


Leading Crypto Sports Betting & Casino Platform


View Profile
June 04, 2024, 09:15:23 AM
 #116

The fact is they can't do anything that is why they belong to the middle class they have to go along with whatever the condition becomes, but thinking about future at the present itself can give us an escape if we are skillful enough and how to channel our savings into investments instead of just keeping it as money even though its easy to say but in reality it's hard though to keep up with inflation and also save for future and it must be exhausting.
Walking a mile in someone's shoes is the best way to truly understand their experiences and challenges. No amount of observation or speculation can replace firsthand knowledge. We should only speak from our own experiences and avoid assumptions or generalizations about others' lives. By doing so, we foster a culture of understanding, compassion, and genuine connection.

How easy it is to say that they can't do something, but it's very difficult to think and understand why they can't do something. Not to progress but the opportunities that high-class people get never get to the middle-class people, the difficulties and problems that the middle-class families face, the upper-level families don't even have an idea about them.

Saving and thinking about the future is like running a marathon for hand-to-mouth people.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
junmisakiro
Full Member
***
Offline Offline

Activity: 628
Merit: 116


Enterapp Pre-Sale Live


View Profile
June 04, 2024, 11:23:02 AM
 #117

The bitcointalk forum is comprised of diverse people from all over the world. Our countries' must have gone through inflation as a nation at least once or more since its history. As a refresher, inflation happens when the prices of goods and services rise and people can no longer afford those items because the country's money almost becomes useless. But is inflation needed? Why can't we just keep the currency at the same value? And why does it only happen to money? For example, the same wouldn't happen if we used gold as a currency instead. Is inflation a ploy that the government uses so people don't get rich off of savings?
Virtually all countries of the world are facing inflation and we should just see it like it is only happening in just our country. Even the most richest and industrial countries are also facing inflation which is something that the government have the power to control. We might need seeing more inflation because things are getting tough everyday. People are losing their jobs due to the invention of artificial intelligence which is still going to dominate and take most people's job and their would not be need to hire people against. Things are really getting out of hand and it's important we take precautions to prevent us from getting frustrated.

It is true that we are currently feeling the impact of inflation that has hit all countries, but it all depends on how a country responds to it. It should be noted that inflation is a natural phenomenon in the economy that occurs when the prices of goods and services generally increase over time. So in my opinion the state must overcome this in various ways, one of which is by providing targeted and effective subsidies, increasing production and increasing wages for services, increasing salaries for private and government employees, this has a big impact on increasing purchasing power.

Abiky
Legendary
*
Offline Offline

Activity: 3234
Merit: 1364


www.Crypto.Games: Multiple coins, multiple games


View Profile
June 04, 2024, 11:03:23 PM
 #118

Virtually all countries of the world are facing inflation and we should just see it like it is only happening in just our country. Even the most richest and industrial countries are also facing inflation which is something that the government have the power to control. We might need seeing more inflation because things are getting tough everyday. People are losing their jobs due to the invention of artificial intelligence which is still going to dominate and take most people's job and their would not be need to hire people against. Things are really getting out of hand and it's important we take precautions to prevent us from getting frustrated.

And you want to know why this is happening? It's because the USD is the world's reserve currency. Thus, if the USD experiences inflation, so will other countries' currencies. After all, most countries' economies are tied to the American economy. Rising geopolitical tensions will only make matters worse. Unless things go back to normal (end of wars between Russia-Ukraine and Israel-Hamas, end of COVID-19, etc), don't expect inflation to ease off anytime soon. It will keep rising until it's out of control.

That said, I believe Bitcoin is the answer to all of our problems. Unfortunately, governments won't allow BTC to take over the economy. Especially when it's decentralized. If they can't control it, they will reject it (or regulate it). The only reason why most governments are legalizing Bitcoin is because of the tax benefits it provides. But they'll regulate it heavily to restrict people's freedom as much as possible. It's an uncertain future, so we can only hope for the best.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
STT
Legendary
*
Offline Offline

Activity: 3948
Merit: 1423


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
June 04, 2024, 11:49:25 PM
 #119

Gold has natural deflation because the supply of gold is less then the world population growth.  Thats despite the great advances in mining power and technology made in the last century, even after that population growth of the world is greater then the supply of gold.   We cannot change the content of the earths crust for gold, its mostly a constant and well distributed across the globe.  Platinum and other metals are not quite the same as that.

FIAT money has no proper controls on it, its mostly politics that decides just how quickly its destroyed and it never lasts is the lesson from history.  Inflation equates to liquidity for some, gold has been used as money and the economy did well during that time so its not absolutely necessary.   Some will argue inflation delays the possibility of recessions but we are trying to balance giant amounts of debt and this is likely the real reason.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Xampeuu
Full Member
***
Offline Offline

Activity: 1442
Merit: 116


Enterapp Pre-Sale Live - bit.ly/3UrMCWI


View Profile
June 05, 2024, 04:08:31 AM
 #120

The bitcointalk forum is comprised of diverse people from all over the world. Our countries' must have gone through inflation as a nation at least once or more since its history. As a refresher, inflation happens when the prices of goods and services rise and people can no longer afford those items because the country's money almost becomes useless. But is inflation needed? Why can't we just keep the currency at the same value? And why does it only happen to money? For example, the same wouldn't happen if we used gold as a currency instead. Is inflation a ploy that the government uses so people don't get rich off of savings?
Virtually all countries of the world are facing inflation and we should just see it like it is only happening in just our country. Even the most richest and industrial countries are also facing inflation which is something that the government have the power to control. We might need seeing more inflation because things are getting tough everyday. People are losing their jobs due to the invention of artificial intelligence which is still going to dominate and take most people's job and their would not be need to hire people against. Things are really getting out of hand and it's important we take precautions to prevent us from getting frustrated.

It is true that we are currently feeling the impact of inflation that has hit all countries, but it all depends on how a country responds to it. It should be noted that inflation is a natural phenomenon in the economy that occurs when the prices of goods and services generally increase over time. So in my opinion the state must overcome this in various ways, one of which is by providing targeted and effective subsidies, increasing production and increasing wages for services, increasing salaries for private and government employees, this has a big impact on increasing purchasing power.
we can complain but somehow life must go on, so we as private employees have to change our mindset, where we have to work harder, and look for additional income to cover current living needs, we can feel the cultural shift happening around us, where for example in the past Many people work together to help one of the residents, but nowadays it rarely happens and the few times we ask for help from other people, it will be calculated with money as a reward.

Pages: « 1 2 3 4 5 [6] 7 8 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!