What are the best way to tackle against inflation

[Akbarkoe]

Facing inflation is by having a surplus of income and also having investment assets in precious metals, property, especially bitcoin, that is the real tool to fight inflation, because if our income is stagnant then inflation will easily erode our money, the cost of living starts to be expensive and makes us unable to save more money therefore we must have a surplus of income from month to month because this is the most effective way to fight inflation, do not rely on the government or others because it is more difficult to change, it is better to focus on our abilities and how to increase income.

Inflation is one of the top main issues for every individuals and to compete it Increasing money is the reliable solution. When you earning remains same but the prices of gods increases regularly then gradually your purchasing powers decreases and ultimately you lost the saving. So to protect wealth individuals should maintain multiple source of income for long term growth. On the other hand any single asset like Bitcoin or property is also the solution of inflation. If we research we analysis that assets has different risk level like in metals risk is different also in real estate and Bitcoin it's ratio changing and it's totally depends on your abilities. Also we can increase our wealth through getting advance skills and improves yourself according to market.

I do not agree about a single investment asset I agree more diversified assets, risk and fundamentals are different from these three so we now have enough understanding because it is one important capital, and of the three it has an good track record especially if we look at more than 10 years time instead of one year or two years, the landscape taken can open our eyes more to all this and that we can do if we have a distant view, inflation is no longer an obstacle for us if we have the knowledge and the ability to find additional money and manage money.

[passwordnow]

Its the responsibility of every government to tackle inflation but the corrupt once concentrates much on increasing it because of the benefits they stand to gain. To tackle inflation,  every government needs to adapt to some strategic methods that will enable them eliminate it and some of this strategic methods are: increase productivity, introduction of some mandatory policies and so on.
All the itemised strategic methods established above are of the same objective which is to provide a conducive environment for the citizens of the country. Most countries with this unique knowledge ends of creating a stabilised economy that recognises the faith of citizens.

While the government has really the say on this one with how they maneuver the management of the country. We as individuals shouldn't lean wholly on them. When we see that the inflation rate is that much, then that means that they're having a bad management of the country or the whole country is just massively affected by the biggest factors of the drivers of the inflation. With that, we can't call for help to them and just ask them to pull down the inflation rate, no. What we can do is to do whatever we can in having more spending power through making more money.

[MRY]

While the government has really the say on this one with how they maneuver the management of the country. We as individuals shouldn't lean wholly on them. When we see that the inflation rate is that much, then that means that they're having a bad management of the country or the whole country is just massively affected by the biggest factors of the drivers of the inflation. With that, we can't call for help to them and just ask them to pull down the inflation rate, no. What we can do is to do whatever we can in having more spending power through making more money.

Elevated inflation is certainly an indicator of bad economic governance by the government. People should not sit and wait around waiting so that a miracle will be exposed. The most prudent thing to do is at the moment is to rely on oneself to make additional money. I think the best tool of sustaining purchasing power is concentrating on boosting income, and not depending on the unassured proclamations of the government.

[stadus]

What are the measures to deploy for the government to know that Civil servants salary should be added in respects to inflation rate to enable them meet up with the ways things are going currently.

What do you think?

I think it's in the law that they should receive some increase as well depending on the performance that they've shown on their jobs.

Just like in the private sector, depending on the government and which country these civil workers are working.

There's an increase that they should be honored based on the economy's status. But I don't think that many are doing that. That's why we see some of these workers are doing side hustles at all times.

Not all government departments apply increase to their employees, except to those who are in line with promotion. So if they remain solely relying on their job alone, they will always experience financial hardships, but if they are open to side hustles where their skills can be of high advantage, they can make ends meet and would even save up for their emergency fund and future investments.

Progress do not start in your workplace, but it starts within yourself, motivating yourself to take bolder step so you can achieve more life's accomplishments and success.

[passwordnow]

While the government has really the say on this one with how they maneuver the management of the country. We as individuals shouldn't lean wholly on them. When we see that the inflation rate is that much, then that means that they're having a bad management of the country or the whole country is just massively affected by the biggest factors of the drivers of the inflation. With that, we can't call for help to them and just ask them to pull down the inflation rate, no. What we can do is to do whatever we can in having more spending power through making more money.

Elevated inflation is certainly an indicator of bad economic governance by the government. People should not sit and wait around waiting so that a miracle will be exposed. The most prudent thing to do is at the moment is to rely on oneself to make additional money. I think the best tool of sustaining purchasing power is concentrating on boosting income, and not depending on the unassured proclamations of the government.

Yeah, that is what I am trying to tell that we shouldn't wait for the hero from the government because they should have prevented that from happening if they truly care for its people. But when the damage has been done, it's going to be harder for them to stop it. That's why you have no one to save you from inflation but your wise decision and being adept on the situation so you can adopt it and able to make the right things that shall help you in keeping up against it.

[boyptc]

I think it's in the law that they should receive some increase as well depending on the performance that they've shown on their jobs.

Just like in the private sector, depending on the government and which country these civil workers are working.

There's an increase that they should be honored based on the economy's status. But I don't think that many are doing that. That's why we see some of these workers are doing side hustles at all times.

Not all government departments apply increase to their employees, except to those who are in line with promotion. So if they remain solely relying on their job alone, they will always experience financial hardships, but if they are open to side hustles where their skills can be of high advantage, they can make ends meet and would even save up for their emergency fund and future investments.

Progress do not start in your workplace, but it starts within yourself, motivating yourself to take bolder step so you can achieve more life's accomplishments and success.

That's right and I agree that progress should start within ourselves.

We know how to do it and begin with it. When we've got already the idea if the progress in our jobs doesn't make sense anymore and it's not compensating well.

It is high time to find something that shall add to what we earn from there. But I do understand why people who work in that position won't just give up their seats as well because for how easy it is to work with a stable job you can simply find a side hustle for it.

[Oasisman]

What are the measures to deploy for the government to know that Civil servants salary should be added in respects to inflation rate to enable them meet up with the ways things are going currently.

What do you think?

I think it's in the law that they should receive some increase as well depending on the performance that they've shown on their jobs.

Just like in the private sector, depending on the government and which country these civil workers are working.

There's an increase that they should be honored based on the economy's status. But I don't think that many are doing that. That's why we see some of these workers are doing side hustles at all times.

Not all government departments apply increase to their employees, except to those who are in line with promotion. So if they remain solely relying on their job alone, they will always experience financial hardships, but if they are open to side hustles where their skills can be of high advantage, they can make ends meet and would even save up for their emergency fund and future investments.

Progress do not start in your workplace, but it starts within yourself, motivating yourself to take bolder step so you can achieve more life's accomplishments and success.

Salary increases for those promoted are to be expected, but a salary increase to combat the hyper inflation should not be the first thing the goverment to discuss. Instead, they should prioritize planning on how to cope with it without losing the masses' purchasing power and without the need to increase salaries.
Well, I guess it's pretty hard to find a visionary leader equipped with knowledge and integrity to serve the people and their country. So, yeah, the best way to overcome the financial hardship due to inflation is to become a multitasker. Blaming and complaining at the government will not provide us with food on our table. So, yeah, a side hustle is a good start until you find a job that compensates for hard work and the bills.

[yhiaali3]

What measures can be taken to raise awareness within the government? Do you really think the government needs to be educated? Do you really think they are completely unaware of what people are suffering from due to inflation and the devaluation of salaries? Do you really think they don't realize they need salary increases?

Governments are aware of all this and more, but simply do not want to do anything because they are comfortable in their lives with their luxurious homes and cars, surrounded by servants, and even their dogs live lavish lives. So why bother themselves with the concerns of the people?😠

[Don Pedro Dinero]

What are the measures to deploy for the government to know that Civil servants salary should be added in respects to inflation rate to enable them meet up with the ways things are going currently.

What do you think?

Civil servants? The vast majority have no idea; if their wages go up by 1 per cent, they’re happy with that, even if they then find that their supermarket shopping has gone up by 10 per cent. They don’t usually blame the government for that rise in supermarket prices, but rather speculators and the like (it seems they don’t realise that supermarkets operate on very low margins – 1 per cent or 2 per cent – and all they do is pass on the price increases).

You’re framing it wrong; the question isn’t what the government could do. The government is deliberately responsible for inflation and not raising wages accordingly.

Furthermore, I wouldn’t just include civil servants here, but the general public as well, who don’t usually have much of a clue about these matters. It’s only in some private companies that certain professionals tend to get pay rises above inflation, but the majority of the population is screwed, because their wages always rise later – and by a smaller percentage – than inflation, so the only option left is to invest, if possible, to try and combat it.

[Iranus]

While the government has really the say on this one with how they maneuver the management of the country. We as individuals shouldn't lean wholly on them. When we see that the inflation rate is that much, then that means that they're having a bad management of the country or the whole country is just massively affected by the biggest factors of the drivers of the inflation. With that, we can't call for help to them and just ask them to pull down the inflation rate, no. What we can do is to do whatever we can in having more spending power through making more money.

Elevated inflation is certainly an indicator of bad economic governance by the government. People should not sit and wait around waiting so that a miracle will be exposed. The most prudent thing to do is at the moment is to rely on oneself to make additional money. I think the best tool of sustaining purchasing power is concentrating on boosting income, and not depending on the unassured proclamations of the government.

Increase your income, save more, and invest more in assets that can protect against inflation, such as gold, bitcoin or stock. Those are the thing we should start doing now instead of waiting for the government to solve inflation or protect the purchasing power of our money.

Inflation is not a new problem. It has existed for decades, and the government seems to have no intention of addressing it. They even use it as a tool to reduce the burden of public debt and finance government spending by shifting part of the burden onto the people.

It would be naive to believe that they have been trying to solve inflation.

[jcojci]

The government needs to check by themselves that they could increasing the wage of workers so they can meet their needs without a problem. But workers cannot rely on the government but searching for other opportunities to have another source of income.

We can't talks about the civil servants because they get their payment monthly without a worry. The problem is more small people who just ordinary workers, working on private company or even managing their business that struggle to survives. The government don't thinking much about them and only says patient to survive while search for more ways to make money.

The government needs to solve this soon if they don't wants to see more demonstration from their citizen because their citizen just wait and see and keep surviving.

[Agbamoni]

Inflation in a country can only be solve when a good leader take over leadership and also create an employment opportunities, so if the good leader is Creative the leader will fight inflation by fixing the economy of the country because one of the things that causes inflation in a country is when the economy is bad and what causes the economy of the country to be bad is when we have a poor management so the only way we can sort it out is when we have a good people who can manage the economy of the country and they also expand the sources of income in the country

At times, leave the leaders out of this. The problem for most developing countries is that they rely too much on the government to come to their aid. In difficult times, people have to find solutions to inflation because the government is not affected by it the way people are. To tackle inflation, it has to be a collective effort. Those in agriculture should take it seriously. Goods we import but can be produced in the country have to stop.

[Minor Miner]

Inflation in a country can only be solve when a good leader take over leadership and also create an employment opportunities, so if the good leader is Creative the leader will fight inflation by fixing the economy of the country because one of the things that causes inflation in a country is when the economy is bad and what causes the economy of the country to be bad is when we have a poor management so the only way we can sort it out is when we have a good people who can manage the economy of the country and they also expand the sources of income in the country

At times, leave the leaders out of this. The problem for most developing countries is that they rely too much on the government to come to their aid. In difficult times, people have to find solutions to inflation because the government is not affected by it the way people are. To tackle inflation, it has to be a collective effort. Those in agriculture should take it seriously. Goods we import but can be produced in the country have to stop.

I agree that we should not place all the responsibility on the government. People also need to find their own way to deal with inflation. Inflation has many causes, and some of them are beyond the government's control.

However, the government is the body that runs the country and sets economic policies. It can be said that the health of a nation's economy is largely determined by the policies it adopt. Therefore, they need to be held accountable when inflation is prolonged or gets out of control and causes serious damage to the people and the economy.

[tottong]

Yes, know that things are increasing but Civil servant salaries are not being added instead politicians keeps increasing their allocation, which also includes wall drop allowance and many more and yet they are comfortable and they allows people suffer for not reason. What are the measures to deploy for the government to know that Civil servants salary should be added in respects to inflation rate to enable them meet up with the ways things are going currently.

What do you think?

I take a simple approach and avoid unnecessary expenses like dining out or traveling to tourist attractions as much as possible.
This can reduce expenses, allowing us to maximize our income and our daily routine expenses. The government seems indifferent to the public because in fact goods continue to increase for various reasons, while salaries never increase, making it difficult for people to keep up with the demands of life.
It's not just civil servant salaries even casual laborers' salaries are experiencing the same situation, and this is why it's increasingly difficult for people to keep up.

In conditions like this, if someone is unable to save, it will be difficult to meet their living expenses because almost all goods experience increases. Failure to reduce unnecessary expenses will only create problems

[RockBell]

Inflation in a country can only be solve when a good leader take over leadership and also create an employment opportunities, so if the good leader is Creative the leader will fight inflation by fixing the economy of the country because one of the things that causes inflation in a country is when the economy is bad and what causes the economy of the country to be bad is when we have a poor management so the only way we can sort it out is when we have a good people who can manage the economy of the country and they also expand the sources of income in the country

At times, leave the leaders out of this. The problem for most developing countries is that they rely too much on the government to come to their aid. In difficult times, people have to find solutions to inflation because the government is not affected by it the way people are. To tackle inflation, it has to be a collective effort. Those in agriculture should take it seriously. Goods we import but can be produced in the country have to stop.

The dependency on the government is just too much, and another thing is that we know that the government is supposed to be responsible for us, but to some extent, we have to learn to be dependent because there are things that we can do for our self not all the time are we supposed to be depending on the government, just that the government is just to corrupt that they don't even know exactly what they are doing again because they are politicize everything and they need to do better, because issue of inflation the government can only subsidize and then the people should look for a way to increase there income. After all, that is the only way inflation can be beaten.

[Findingnemo]

This is no longer new anymore because there are some countries which inflation has eaten up and from the salary allocation it seems that the salary is no longer sustaining the family but we found out that government do not care to know how people are managing, or even if they have been able to sustain with such salaries?
Yes, know that things are increasing but Civil servant salaries are not being added instead politicians keeps increasing their allocation, which also includes wall drop allowance and many more and yet they are comfortable and they allows people suffer for not reason. What are the measures to deploy for the government to know that Civil servants salary should be added in respects to inflation rate to enable them meet up with the ways things are going currently.

What do you think?

Adding the salary doesn't solve the problem, rather it just adds more tax burden on everyone else that creates more problem just to benefit the few. If a country really wants to stop inflation from getting out of control then they need to bring in foregin investment which depends on the resources avilable in that country and focus on exporting more goods and stable long term economic policies rather than something that patches things in short term.

[SUPERSAIAN]

It's not just the management that's causing the economy to be bad. There are many variables involved.

While management is the most important, there's also geography, external influences, agreements with other countries, and many other factors that have an impact. Ultimately, fixing the economy is in the hands of the managers and the government. I wish there was a definitive and clear rule for fighting inflation, so that countries experiencing inflation could use that formula, but such a world doesn't exist.

[Natalim]

Do not rely on the government, or simply do not rely on jobs that pay fiat, but find side hustles that will pay you in bitcoin, because that's the only way where you can earn significant amount of bitcoin that you could use as a hedge against inflation.

The government will not get rid of inflation, so they won't hear us if we ask salary increase to beat against inflation. So its better to find our own ways and maximize investing bitcoin in long term.

[free-bit.co.in]

Do not rely on the government, or simply do not rely on jobs that pay fiat, but find side hustles that will pay you in bitcoin, because that's the only way where you can earn significant amount of bitcoin that you could use as a hedge against inflation.

The government will not get rid of inflation, so they won't hear us if we ask salary increase to beat against inflation. So its better to find our own ways and maximize investing bitcoin in long term.

You can also use fiat to invest in bitcoin, so it is not necessary to look for jobs that pay in Bitcoin. As long as you have fiat, you can easily own bitcoin.

More precisely, find ways to increase your income, and instead of holding money in fiat, invest it into Bitcoin. Because Bitcoin is a good inflation hedge, it can help preserve and increase the value of your assets.

In addition, it is not necessary to invest only in Bitcoin, as it is not the only inflation hedge. Instead, you could invest in other asset or sector if you believe they have the potential to generate better returns.

[imthegreat]

This is no longer new anymore because there are some countries which inflation has eaten up and from the salary allocation it seems that the salary is no longer sustaining the family but we found out that government do not care to know how people are managing, or even if they have been able to sustain with such salaries?
Yes, know that things are increasing but Civil servant salaries are not being added instead politicians keeps increasing their allocation, which also includes wall drop allowance and many more and yet they are comfortable and they allows people suffer for not reason. What are the measures to deploy for the government to know that Civil servants salary should be added in respects to inflation rate to enable them meet up with the ways things are going currently.

What do you think?

Yes, politicians will never shortchange themselves with pay. And this happens in all countries. But they're in no hurry to index the population's salaries in line with real inflation. And I'm writing about the real inflation I see in the rising prices of goods and services, not the paltry figures broadcast on television or reported by government public groups. Because the media understates inflation by half. But even this comprehensive indexation doesn't always reach the population. My father's salary at the factory hasn't been raised for years, and sometimes they even reduce his bonuses.