What are the effects of inflation on ordinary people

[slapper]

What else is new about inflation?.. Nothing that hasn't already been said. Inflation has existed to some extent from time immemorial. Even in the Roman Empire, there were times of high inflation when the emperors "spoiled the coin," that is, they reduced the silver content in the coin. High inflation often accompanies economic crises in society.

Even today, inflation is at a high level. In fact, the world has not emerged from the 2008 crisis. Quantitative easing only delayed the finale. And if you think about it, 2008 is also a delayed crisis of the 1980s, which was postponed by the collapse of the USSR and the next robbery of Russia by the West.

So what kind of crisis is this that has been going on for more than 40 years? - This is the end of capitalism. Whether we like it or not, we live in an era of the slow death of capitalism, which is being replaced by a new world - the global electronic concentration camp.

There will be no inflation there, because there will be no money in the usual sense either. There will be points or food stamps (which the authorities can deprive anyone of at any time). Perhaps someday people of the future will still yearn for capitalism and inflation and wonder how the contemporaries of capitalism were unhappy with rising prices.

That last paragraph you wrote about future people yearning for inflation bothers me more than I expected. That's a world where you don't get to choose what you want to purchase because it is too expensive. And we're, like, not far from that?

CBDCs. Central bank digital currencies. More than 130 countries today implementing them. The thing people don't realize about CBDCs is that they're not "digital money" like the money in your bank is. They're programmable. As in, the issuing authority can put expiration dates on your savings, restrict what categories you spend on, limit geographic range of transactions. This is already a part of the architecture of the Chinese digital yuan.

Even as bad as inflation is, it's a system in which you still have some control over how to react. You can purchase gold, purchase land, purchase crypto, store canned goods - whatever. The response is yours.

I don't want to like the concentration camp frame, as it is hyperbolic. The logic of the structure is difficult to dispute, however. But that discomfort (the not wanting to agree but not being able to disagree) may well be the best response I have available to me right now.

[Unknown Op]

Inflation hit an ordinary man badly. Every one has long list of dreams, but due to huge wave of inflation an ordinary man used to spend his time in cutting or sacrifice his dream one by one. Survival is becoming challenging for him. Here you highlight that if  person can make proper plan he can easily handle the inflation. But I disagree, because when the inflation occurs due to any emergency globally. Then all planning not working properly especially if it will be the case of Middle class. Because they already lead their lives with lots of care or plan. Where no space is left for further planning in case of emergency. Like in previous few months due to US and Iran conflict that inflation wave was not expecting anyone.  That's force many people to Iive below the standard.

Common people have no money in their pocket because they are moving their circle and their spending are more and they have no money on which they depends. The food prices are more and people are dependent on the income only and they have no side income and they have no savings in their pocket. If there are more fales in the family then family will be happy because males will work and they will earn money And if there is only person on which whole family depends on then there will be very tough situation for that kind of people. Health is the top priority of every person but poor people are Investing their money on that and they will remain rich in this life  because they have no other route to which they will adapt to be successful in their life .

[boyptc]

Inflation always affects the poor because they don’t have any assets that are protected from inflation or that could even be used to benefit from it, like real estate or land. Most of the poor are living in rented apartments and are living from paycheck to paycheck, so they are the ones mostly affected. That is why you see that even in times of inflation, the rich are getting richer and the poor are still suffering. So technically, inflation is meant to affect the poor.

There are also poor people who have their own lands, they own it but it could be that their wealth purchased the land or they have inherited it.

And yet, they're still suffering from how expensive the cost of goods due to inflation. So being poor isn't only limited from the ones who are renting.

On the other side, there are financial able and free who's like to rent in apartments because that gives them more flexibility and they can move whenever they want to move.

[Shinpako09]

Those in the lower class will find it harder day by day, but they will still survive. They will complain about it, but many of them will still be able to buy some of the things they want. There is no group that can stop inflation completely.

The middle class will be affected as well, but not as much as the lower class because they are in a better position to adapt. No matter how much we complain about it, inflation is inevitable. We will adjust and live with it whether we like it or not.

As for the upper class, of course they will benefit more from it than be affected by it. They have the wealth and resources, so they will find ways to make a profit. They don't rely on fixed wages like many people in the lower class do.

[MRY]

Inflation always affects the poor because they don’t have any assets that are protected from inflation or that could even be used to benefit from it, like real estate or land. Most of the poor are living in rented apartments and are living from paycheck to paycheck, so they are the ones mostly affected. That is why you see that even in times of inflation, the rich are getting richer and the poor are still suffering. So technically, inflation is meant to affect the poor.

There are also poor people who have their own lands, they own it but it could be that their wealth purchased the land or they have inherited it.

And yet, they're still suffering from how expensive the cost of goods due to inflation. So being poor isn't only limited from the ones who are renting.

On the other side, there are financial able and free who's like to rent in apartments because that gives them more flexibility and they can move whenever they want to move.

Most citizens misinterpret that being a homeowner is to have a blissful and trouble free life. As a matter of fact, landowners may continue to suffer as a result of high property prices. Well financially off people at times prefer to rent in order to move easily. Life is a matter of choice; therefore, each of us has the freedom of deciding the best mode of life.

[Peanutswar]

In my country we are just a below minimum wage and imagine for $11.46 per day.. again we are talking about per day here this amount can only bought a meal for a single day or else you will seek an alternative food but not a nutriocius just as long as you arent an empty stomach, this makes our life suffer like with the inflation the goods, foods and services increase at the same time so the value of that $11.46 per day wil be more lessen we can now bought few items, imagine if you have a family in that time how you will budget even your daily need, your childs tution and even food in day to day basis it was too hard. Our government is worst right now according to a government official here in PH.  National Economic and Development Authority (NEDA) stated that P21.3 pesos / $0.35 is enough per meal. So for sure they will get manulnorish and prone to sickness and diseases. These people in the government have an above minimum so they cant feel the crisis.

[Egii Nna]

Inflation always affects the poor because they don’t have any assets that are protected from inflation or that could even be used to benefit from it, like real estate or land. Most of the poor are living in rented apartments and are living from paycheck to paycheck, so they are the ones mostly affected. That is why you see that even in times of inflation, the rich are getting richer and the poor are still suffering. So technically, inflation is meant to affect the poor.

There are also poor people who have their own lands, they own it but it could be that their wealth purchased the land or they have inherited it.

And yet, they're still suffering from how expensive the cost of goods due to inflation. So being poor isn't only limited from the ones who are renting.

On the other side, there are financial able and free who's like to rent in apartments because that gives them more flexibility and they can move whenever they want to move.

So, you want to tell me that some of the poor are renting apartments for flexibility? I know there are people who rent for flexibility, but that is not my topic. I am talking about those that live from paycheck to paycheck. If you don’t know, these are people who work and earn a salary, but they mostly either borrow against almost all of their salary to feed themselves before they even get paid, or they have bills to settle that are more than the salary itself. These types of people are the ones I am referring to.
 
Those are the types of people that are mostly affected by inflation. Even if they had land that they bought or inherited, they would hardly sell that land for business purposes unless they were in need of urgent money like emergency, or were in a bigger problem. That will still force them to sell the land at a cheaper price, because land is not something you can sell at any time and get the true worth of it. So, try to understand.

[Synchronice]

Inflation exerts a daily impact on essential sectors such as food, transportation, healthcare, and education. For an average household, this often translates into a hand-to-mouth existence. While wages for laborers may increase by approximately 5% annually, inflation typically outpaces this growth, rising at 10-15% per year.

As a result, the purchasing power of money erodes continuously, diminishing the value of savings over time. Retirees and pensioners are affected disproportionately, as they rely on fixed incomes. Under sustained high inflation, many individuals are forced into debt, leading to a decline in overall living standards.

Although a modest level of inflation may appear manageable, elevated inflation rates affect the entire population, with the most severe consequences borne by those with fixed incomes or limited savings. Express your thoughts.

Here is the thing. You should be working in a company and on a position that allows you to develop. If you simply work in a warehouse as a physical worker, you will never go far in life and inflation will definitely significantly affect you. But if you work in a company on a position that allows you to develop and slowly move on higher positions, then your salary will also increase and you'll beat the inflation but it requires hard work and dedication. In the best case, you should focus on creating your own business.
Remember, no one gets rich from working for others!

[hyudien]

Inflation growth continues to increase every year even in countries with rapid economic progress, why? inflation seems to have been set either on purpose or not at all, bad? of course if inflation growth is higher than income it will be fatal but if it is balanced we will only spend more but also with increased income, it's like last year you spent two cents and earned 3 cents, this year you spent 3 cents and earned 4 cents, the real problem is that we have to struggle more to get that income in this day and age.