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Author Topic: Inflation the biggest problem of the modern era.  (Read 1532 times)
Egii Nna
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August 01, 2026, 02:26:29 AM
 #141

In products channel of distribution,  its clear that commodities moves from the manufacturers to wholesalers, retailers before getting to the final consumers. Now all constant price increment have been channelled to the retailers because the consumers communicates directly with them without knowing some faults comes from the manufacturers decision.
Although to an extent blames goes directly to the government as they failed to provide a conducive environment capable of regulating the prices of some factors responsible for the increment in prices of commodities, assuming that can be done the manufacturers won't find any reasons to instigate inflation

You have a good point, but government are not always responsible for the blame. For instance in a cement business the wholesaler bought it from the manufacturer as $6 per bag, it’s possible he will add some cent for each bag like $0.05 or more, but a retailer that bought the same cement from the wholesaler at $6.05 will like to add more than a dollar for a single bag which will definitely skyrocket the price, most of the cost of things come from the retailer, I call them middle men.

Although, the government can be blame for not providing solutions. Because they can always provide a solution to all this to avoid inflation, by providing a fix price for everything in the country, starting from foodstuffs, build materials, petroleum, and many other, that might minimise the inflation, but inflation is never avoidable.

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August 01, 2026, 04:14:02 AM
 #142

Merchants are always greedy. But we should blame the government for letting these greedy merchants get away with it. They could've prevented merchants from raising their prices any further. Like some sort of "price freeze". Or force them to raise wages in accordance to current inflation rates.

If wages were on-par with inflation, the world would've been a happy place. But each day, we're seeing an increased gap between the rich and poor. This makes life totally unfair. We should expect criminality to rise as a result of the rising cost of living. Will Bitcoin fix this? We're yet to see. One would hope the global economy doesn't collapse in the future. We'll see what happens.
I don't think it's fair to blame retailers for trying to raise prices. They're one of the last links in the supply chain before the product reaches the customer. The government also shares responsibility if it allows fuel prices to keep rising, since higher fuel costs increase transportation expenses, which eventually affect almost every industry. In other words, when the cost of key resources goes up, it inevitably leads to higher prices across the board.

Agreed. Instead of blaming retailers or manufacturers, I think the bigger responsibility lies with the government. Because as inflation rises, the costs of energy, transportation, and raw materials keep increasing as well. Under those conditions, businesses have little choice but to raise prices if they want to survive. Therefore, to solve the problem, we need to address the root cause instead of just blaming businesses or retailers.

@Abiky, I believe that if you were a merchant, you would do the same  Grin

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August 01, 2026, 04:47:30 AM
 #143

In the modern era, this problem is occurring in most countries today. In the social system in which we live, we have to face many problems, the shelter of the safe, the right judgment, along with these, another big problem is inflation. When inflation occurs in a country, the economic position of the country becomes very bad and the quality of life of the people of the country does not improve much. Fraud is a problem where it often happens in the modern social system where it is seen that people cheat and deceive people. Moreover, in the modern social system in which we are living today, there are widespread problems in most parts of the country. Moreover, the financial position of a country is being destroyed only because of inflation, and this problem is that the biggest problem is that for the development of a country, it is necessary to have a good economic position. But currently, it is seen that due to inflation of a country, the financial position is going towards destruction and the standard of living becomes difficult.

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August 01, 2026, 06:05:46 PM
Last edit: August 01, 2026, 06:31:33 PM by ndutndut
 #144

Inflation is indeed a serious challenge in many countries today. In fact all the dynamics occurring in the world including war, economic uncertainty and foreign debt are the initial problems that ultimately lead to inflation. Inflation also has a significant impact on livelihoods as it increases fraud, crime, social injustice, and much more as people quality of life is increasingly depressed.

Therefore, the government solution requires a combination of monetary policy strict oversight and collective awareness to build a fairer and more stable system. However, we must also ensure our own resilience as we must not rely too heavily on the government we must continue to invest in assets with sound fundamentals. Furthermore reducing our dependence on fiat currency is also essential to protect ourselves from inflation.

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August 01, 2026, 06:20:51 PM
 #145

Inflation won't just continue to exist in the coming years, it could also last for many decades or even centuries. In other words, as long as central bank can print money freely, inflation won't disappear. It could even become more serious over time if it isn't properly managed.

Increasing income and investing in asset that can hedge against inflation, such as gold and Bitcoin, are thing we can do to deal with inflation.
But I don't think increasing our income is easy these days, especially through online work. Online jobs aren't diverse, and they also require skill, experience, and come with a lot of competition. They can be even more difficult and competitive than offline jobs.

Increasing income has never been easy.

In fiat financial system, central banks are free to print currency notes without any restriction and that's why I said in my earlier post that we as individual don't have any authority to stop inflation from increasing.

To beat inflation, only thing we can do is to increase our income to meet expenses and invest in valuable assets like Bitcoin. Online market is challenging and those who are willing to accept that challenge will get success in that market. To find online work, you have to move out from your comfort zone and work hard in right direction.
   

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August 01, 2026, 10:29:36 PM
 #146

It is like that inflation is a biggest problem of this modern era even I will say that Inflation has been a major problem since the invention of printed money.
What I will say here is that as long as people used to exchange or trade goods through gold or silver, there was no inflation, which has basically become another problem in people's lives today. And I don't think we can get out of this system now because the way printed money is circulating around the world right now, I don't think any other limited or currency exchange will be able to take its place as a global trade in the near future.
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Today at 10:09:02 AM
 #147

Online market is challenging and those who are willing to accept that challenge will get success in that market. To find online work, you have to move out from your comfort zone and work hard in right direction.
   

As I said in my previous reply, to get an online job, you need knowledge, experience and skill. If you do not have them, do not expect to land an online job, because very few employer is willing to pay you while you learn from scratch. Most of these job require you to have a certain skill or at least prove that you can do the job.

The online job market isn't as diverse as the traditional job market. So simply stepping out of your comfort zone and working hard is not always enough to land an online job.

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