Is inflation here to stay?

[EFS]

I've been following the Turkish economy maybe for more than 30 years and I've never seen anything like low inflation. Inflation has always been high in our country. Sometimes it has been extremely high, sometimes lower, but it has always been there. And when I say lower, don't be misled, our lowest inflation periods are still similar to what many developed countries consider their highest levels.

It's normal for us to see inflation globally as well, because many countries print money uncontrollably and governments spend the money they have recklessly. I don't think we'll see a period of low inflation anytime soon.

[Yamifoud]

With persistent price hikes and global supply chain issues, are we entering a new era of permanently higher inflation rates?

Are there really any ways to combat inflation permanently ?

Definitely yes. And what we are seeing now will be nothing compared to the future inflation.

Are there permanent ways? No. We just need to individually overcome this even for survival. Lucky are those who have established already multiple sources of income, but its not late yet. Bitcoin is here to help us, but we also need to take some risk, just manageable risk in order to hedge against inflation.

[SUPERSAIAN]

I've been following the Turkish economy maybe for more than 30 years and I've never seen anything like low inflation. Inflation has always been high in our country. Sometimes it has been extremely high, sometimes lower, but it has always been there. And when I say lower, don't be misled, our lowest inflation periods are still similar to what many developed countries consider their highest levels.

It's normal for us to see inflation globally as well, because many countries print money uncontrollably and governments spend the money they have recklessly. I don't think we'll see a period of low inflation anytime soon.

I don't recall a time when product prices dropped in Türkiye, there's always been inflation. I don't know how far this will go, but if it's been going on for 30 years, it will continue for at least another 30. People are longing for periods of low inflation right now. People say, As long as there's inflation, it's low, and that's what it's become.

[JiiBs]

Is inflation here to stay? Yes. Why? Because inflation is created intentionally by the government.

Inflation indeed is an artificial instrument used by the government to ensure citizens gets to pay more for less or have their saved money devalued in ways that proves advantageous to the government.
Government as we know it isn’t an institution that would be open to relieving themselves of some of its powers but instead, they seek means to tighten it and squeeze the much they can from every citizen.
Inflation isn’t going away, it might drop and with it a sense of resolve while in the real sense, it didn’t change. We were just used to a higher inflation previously.

[topbitcoin]

Are there permanent ways? No. We just need to individually overcome this even for survival. Lucky are those who have established already multiple sources of income, but its not late yet. Bitcoin is here to help us, but we also need to take some risk, just manageable risk in order to hedge against inflation.

The mistake that happens for now is that many of us are too dependent on the government as if this can be overcome but in fact for our own lives we should only depend on ourselves because expecting or depending on other parties including the government will only make our expectations even greater.

It doesn't mean we can't do it, just don't expect too much because after all, when inflation gets worse we only depend on ourselves so that the situation remains under control at least for ourselves and the little family we have.

[SmartBM]

We know that the rate of inflation vary across countries, dealing with inflation one may likely say in some countries inflation is there to stay. Take Nigeria for example, the country keep facing an open, galloping and stag inflation and nothing is done about it. I believe with that it's easy to deduce that the inflation there might stay for a considerable period of time or permanent if nothing is done about it in the future. The people keep crying that the government is the primary cause of inflation, from my observation that's not true, the most dangerous cause of inflation is sellers. They are very greedy to make excess gain.
For the problem of inflation to be solve the government should put a standard and stabilized price, steady power supply to reduce cost of production and improve on transportation system.

[simonova]

We know that the rate of inflation vary across countries, dealing with inflation one may likely say in some countries inflation is there to stay. Take Nigeria for example, the country keep facing an open, galloping and stag inflation and nothing is done about it. I believe with that it's easy to deduce that the inflation there might stay for a considerable period of time or permanent if nothing is done about it in the future. The people keep crying that the government is the primary cause of inflation, from my observation that's not true, the most dangerous cause of inflation is sellers. They are very greedy to make excess gain.
For the problem of inflation to be solve the government should put a standard and stabilized price, steady power supply to reduce cost of production and improve on transportation system.

Most of the governments favor those sellers for some commission. This is because to get elected in government, political parties also need lot of money which is funded by rich. So, it is like a loop already.

[DanWalker]

We know that the rate of inflation vary across countries, dealing with inflation one may likely say in some countries inflation is there to stay. Take Nigeria for example, the country keep facing an open, galloping and stag inflation and nothing is done about it. I believe with that it's easy to deduce that the inflation there might stay for a considerable period of time or permanent if nothing is done about it in the future. The people keep crying that the government is the primary cause of inflation, from my observation that's not true, the most dangerous cause of inflation is sellers. They are very greedy to make excess gain.
For the problem of inflation to be solve the government should put a standard and stabilized price, steady power supply to reduce cost of production and improve on transportation system.

It is not correct to blame a country's government entirely when inflation increases because many things are beyond their control. Such as rising energy prices, global economic instability and these factors will impact the global supply chain. From there, inflation will increase and is clearly beyond their control.

However, the government must bear much of the responsibility for the uncontrolled inflation in its country. Because they cannot completely prevent it, but they do not lack the means and solutions to control inflation and support the people. But they do not do so because of their selfishness and greed.

Just like sellers arbitrarily increase the price of goods, but if they manage and support price stabilization closely. That will not happen and will benefit the people greatly.

[Baki202]

Inflation indeed is an artificial instrument used by the government to ensure citizens gets to pay more for less or have their saved money devalued in ways that proves advantageous to the government.
Government as we know it isn’t an institution that would be open to relieving themselves of some of its powers but instead, they seek means to tighten it and squeeze the much they can from every citizen.
Inflation isn’t going away, it might drop and with it a sense of resolve while in the real sense, it didn’t change. We were just used to a higher inflation previously.

Quite frankly, inflation has always been present but it was placed on essential needs which is why it went unnoticed. Now that it has begun to spread from essential things to non-essential things it seemed like it just started. The value of money is constantly falling due to inflation rates and it's falling rapidly that line that separated the lower class and the rich class from the middle class is thinning out.

In as much as we want to believe that inflation is due to the current economy and hope for a change, we should keep in mind that this inflation is here to stay, at most there would be a decrease but once the value of money increases, we would once again turn blind eyes to it as it is still something we can work with.

[Abuobyda218]

With persistent price hikes and global supply chain issues, are we entering a new era of permanently higher inflation rates?

Are there really any ways to combat inflation permanently ?

You will understand clearly only by comparing it well. Can you see the same thing in 2025, 20 years from now, as you saw the country's economy 20 years ago?
If you are old enough, you could buy as many products as you could with $10 20 years ago. Now, 20 years later, it costs you $100 more to buy the same quality product. That's the obvious idea of inflation.

[jostorres]

It is not correct to blame a country's government entirely when inflation increases because many things are beyond their control. Such as rising energy prices, global economic instability and these factors will impact the global supply chain. From there, inflation will increase and is clearly beyond their control.

However, the government must bear much of the responsibility for the uncontrolled inflation in its country. Because they cannot completely prevent it, but they do not lack the means and solutions to control inflation and support the people. But they do not do so because of their selfishness and greed.

Just like sellers arbitrarily increase the price of goods, but if they manage and support price stabilization closely. That will not happen and will benefit the people greatly.

But to be honest, it is not really controllable. No matter how drastic steps the government takes, the inflation will still hit the markets and the sole reason for that will be the rising demand for everything. The supply sometimes might remain stable whereas the demand will keep on rising because of the growing population and the human urge to have more.

The rising demand will keep on inflating all the assets and commodities over time and there will be no way to stop it. Government can delay it but they can't really stop this from happening. With inflation, the earning rate also increases so it does balance in itself and we do not really have to worry if we have a income source which inflates every year to tackle the growing inflation rate.

[Findingnemo]

Yes, and you will feel the same every time and inflation is manmade by printing money and by adjusting the interest rates just to keep the cash supply in the economy instead of stagnation. But nothing stops you from investing and making more money instead of just letting that fiat in your bank account and let the inflation eat the value.

[Unknown Op]

We know that the rate of inflation vary across countries, dealing with inflation one may likely say in some countries inflation is there to stay. Take Nigeria for example, the country keep facing an open, galloping and stag inflation and nothing is done about it. I believe with that it's easy to deduce that the inflation there might stay for a considerable period of time or permanent if nothing is done about it in the future. The people keep crying that the government is the primary cause of inflation, from my observation that's not true, the most dangerous cause of inflation is sellers. They are very greedy to make excess gain.
For the problem of inflation to be solve the government should put a standard and stabilized price, steady power supply to reduce cost of production and improve on transportation system.

It is not correct to blame a country's government entirely when inflation increases because many things are beyond their control. Such as rising energy prices, global economic instability and these factors will impact the global supply chain. From there, inflation will increase and is clearly beyond their control.

However, the government must bear much of the responsibility for the uncontrolled inflation in its country. Because they cannot completely prevent it, but they do not lack the means and solutions to control inflation and support the people. But they do not do so because of their selfishness and greed.

Just like sellers arbitrarily increase the price of goods, but if they manage and support price stabilization closely. That will not happen and will benefit the people greatly.

People are saving money but they don't know saving is not enough for them because they are losing the worth of money because inflation is the main reason we are talking about that platform because in the early 20th century, trend was ot saving money and getting a job And pay installments of car and house but these things are eating our wealth and we could learn on that platform and Many mentors are available in that age and we should learn more and then Invest that money to increase this Money , otherwise, the we will lose most of the money by inflation And nobody cares about our money because government has power and everyone is just like a slave . We saw inflation and don't like that .

[topbitcoin]

Yes, and you will feel the same every time and inflation is manmade by printing money and by adjusting the interest rates just to keep the cash supply in the economy instead of stagnation. But nothing stops you from investing and making more money instead of just letting that fiat in your bank account and let the inflation eat the value.

This system will always run and will not be disturbed by anything because inflation is used by those in power to suppress and continue the economic system to keep it running as it should and we as ordinary people can only follow this system to create a strata and position in the end.

This is obviously a difficult situation but economic justice is like this where those in power will continue to control and we as ordinary people must accept the fact that we are controlled by the system.
But on the one hand this is also not a thing that will look bad if we are smart in utilizing the situation especially now that there are several investments that we can make as a hedge for our personal safety.

Indeed, in the end we will not be able to win when fighting the government system including in terms of inflation but we can still survive with the current conditions.

[uche6215]

From your Topic, yes Inflation has come to stay but from your content the price of things would go down or reduced again but the inflation is something of permanent. Because prices would not go back to the normal prices again. Example. Dollar was exchange in Nigeria currency was 0.00589 USD/N185 in 20214. Fuel was sold N97 which was 0.006304 USD. And today dollar exchange rate is 1$/N1454 and a liter of fuel is N900 which is 0.62 and from businessmen would not like to take it back to those lower prices again. But they can only reduce it a little bit and keep it at that stand. So inflation will not disappeared again.

[lixer]

Is inflation here to stay? Yes. Why? Because inflation is created intentionally by the government.

I do not think there is anything to avoid inflation but there are a few ways for us to be prepared for the rising inflation. Increasing our earning sources is one of the remedy. If we have a rising wealth rate than inflation will not really be that effective for us because with the growing prices for commodities, we also have a job or an income source which has a growing income. Setting up some business which can run without actual intervention and can generate stable profit can be another way to tackle inflation.

Inflation is a serious threat to people with stagnant income and those who are the breadwinners. These people will be highly impacted by inflation and they will blame the government at the end for not providing better jobs.

[Distinctin]

With persistent price hikes and global supply chain issues, are we entering a new era of permanently higher inflation rates?

Are there really any ways to combat inflation permanently ?

I have accepted the fact that inflation is here to stay. And there's nothing we can do to get rid of them, but we can do a lot of means to control or reduced them.

Prioritizing your needs and disregard your wants can be a good start. At least the ones intended for your wants will be used in other means like adding it up to your bills payment.

Recycling things is also good. Do not tolerate buying every time you need it, but think how to reuse or recycle your old one.

Lastly, grow your own food at home. This is very easy but actually hard to do. Instead of spending every now and then, learn to save by planting what you can plant at your backyard.

[sana54210]

Inflation can be temporary and can also be permanent it all depends on how the economic situation is been improved.  In my country there are lots of reasons why inflation keeps getting on the high rise and one of those reasons is due to the fact that the boarders are closed, this has made importation and exportation of goods expensive, another reason is the high cost of petrol which has made the coast of transportation to be very high, if these issues can be handled then inflation of going to be a thing of the past

Sometimes i see it inflation as the fault of the Government, when a country is not producing anything and get all boarders closed why then will things not be high, things will go high because everything will be imported. Inflation is high in Nigeria this is due to the little things you just mentioned, when the price of petrol is high transportation also increase and this also affect the price of other things. If the government says that inflation will go it will go if they also say that it will stay there is nothing we can do about it.

Inflation usually depends on the supply of goods. Demand comes secondary, if there is adequate supply the prices will remain lower but with the rising technology and will to have a better lifestyle, the demand is drastically rising but the supply remains the same. This has made the commodities like fuel way more expensive than they should be. It is not the same in every country. Some countries have really cheap fuel because they have adequate supply but countries like Nigeria have to import fuel and depend on other countries who are producing fuel so the price here is heavily manipulated and controlled by the governments.

To be honest, there is nothing much we can do instead of voting for a deserving candidate thinking he might chance the perspective but still we should be prepared to spend even more in the future as inflation rises.

[free-bit.co.in]

I do not think there is anything to avoid inflation but there are a few ways for us to be prepared for the rising inflation. Increasing our earning sources is one of the remedy. If we have a rising wealth rate than inflation will not really be that effective for us because with the growing prices for commodities, we also have a job or an income source which has a growing income. Setting up some business which can run without actual intervention and can generate stable profit can be another way to tackle inflation.

Inflation is a serious threat to people with stagnant income and those who are the breadwinners. These people will be highly impacted by inflation and they will blame the government at the end for not providing better jobs.

What you say is no secret and anyone with basic knowledge of finance and inflation knows it. But the problem is that increasing your income, assets, or building a business to generate a steady cash flow is not easy.

Everyone knows and wants to have high income, lots of money not only to deal with inflation but also to improve life. But easier said than done. Because in today's uncertain world, finding a job that pays enough to support a family is a challenge, let alone increasing your income.

Therefore, inflation will always be a threat to most of us.

[Pauldesaints]

Inflation has come to stay in as much as goods and services continued to increase unabated across the globe.unless government embark on massive agricultural production aimed at reducing the cost of foods and other household products which will be sold at subsidy rate not to make profit but to completely eradicated high cost of goods and services.