Inflation the biggest problem of modern the era.

[Olotu20]

Modern society is characterized by so many problems, which has helped shaped society and the way it lived. Looking at the modern society that we find ourselves there is the problem of religious extremist which pose the problem of threat to societal peace and safety, yet if am to judge that is not the greatest problem of this modern era. There is also the problem of fraud, which has ever been seen at least not at this present scale which has caused a lot of economic impact on the world economy. Yet I will not say that fraud is actually the biggest problem of the modern society we find ourselves.

There is also the threat of war, which is also a big problem to global peace, with threat of nuclear weapons almost on daily basis, yet I will not even say that that is the biggest problem of the modern era. Inflation remains the biggest problem of this modern era, I have come to the conclusion that, the biggest problem man kind is faced is actually inflation. It's a monetary problem, until the world government fixes our money mankind is in a very serious problem.

Everyday mankind is faced with a serious problem and that is survival, with the world economy that we find ourselves today the cost of living is increasing every single day.This has even impacted on the way human used to live , when compared with previous generations. If the world monetary system is not fixed am afraid to say that mankind is at a cross road of survival. Just like the evolutionists will say that the world will only be for only the strongest and the weak will die off.

[WillyAp]

I don't agree.
There are ways to escape inflation, even if you  make your money with a bread and butter job you can escape it.
Only if you don't become active you are victim to outer circunstancies..

[Rgram]

I don't agree.
There are ways to escape inflation, even if you  make your money with a bread and butter job you can escape it.
Only if you don't become active you are victim to outer circunstancies..

Escaping inflation doesn’t mean you aren’t hit by it, of course you would experience the price hikes in every commodity you buy and should you happen to offer some service yourself or is active in the buying and selling of products, you would reflect those changes in your product but, when you work a 9-5 and their isn’t a notable salary increase, you would be left to feel the full weight of it all and it’s recking our world in real time today.

[Questat]

What I realized is that inflation is part of a growing economy. So expect that inflation will stay for good.

However, despite how negative the impact inflation is, still there are means not to totally eradicate it but at least to minimize getting affected with inflation. You can increase your source of income through getting a side hustle, create investment like gold and bitcoin that can hedge against inflation, or simply invest in your backyard. Grow natural foods in order to save from food expenses.

[bitmover]

I don't agree.
There are ways to escape inflation, even if you  make your money with a bread and butter job you can escape it.
Only if you don't become active you are victim to outer circunstancies..

Inflation destroys everything. Living 3-5% anual inflation is easy, and that is not the problem. The problem are higher inflation rates over decades.

I grew up in country with 80-100% inflation per month. That is crazy, and economy is destroyed. Nobody knows how much anything costs, sometimes a person gets a good job and it becomes bad quite quickly and might become good again.

[laijsica]

The assumption of evolutionists is not completely meaningless. Humans are engaged in a struggle for survival. They get motivated by feeling the psychological pressure to fulfill their basic needs. If you did not lack any resources, you would not get motivated to do anything. You would have to live a lazy life every day because you have everything you need. The fascination with resources increases your desire to work and you gradually try to acquire more skills and live a disciplined life.

Today mankind is heading towards destruction all over the world, but in the meantime, many individuals and communities are working hard to save mankind and are trying to create awareness among people. They are collecting funds for campaigns. In order to save mankind from destruction, the protection of the environment must be ensured, when every person must be aware of this.

Some rulers in the world want a nuclear war to be organized. They have created a war situation in the world without provocation. The capitalist classes earn profits by creating a turbulent situation in the world. They consider poverty and war as tools to gain profit. Those capitalist communities are the enemies of world humanity but they are the more powerful.

[Cointxz]

I don't agree.
There are ways to escape inflation, even if you  make your money with a bread and butter job you can escape it.
Only if you don't become active you are victim to outer circunstancies..

There’s no escaping on inflation because one way or another you will require to pay taxes that requires fiat money which is affected by inflation.

Unless you can live on a secluded island which land doesn’t need to be paid by taxes and you have self sustaining life that doesn’t rely on outside resources completely. All those hassle is not worth it if you can land a decent job and have a simple life.

[AprilioMP]

I don't agree.
There are ways to escape inflation, even if you  make your money with a bread and butter job you can escape it.
Only if you don't become active you are victim to outer circunstancies..

Inflation stems from the system. When the inflation rate exceeds 50% per month, it’s a sign that the system is not functioning properly, despite efforts by the public—who are affected by it—to avoid it. Imagine a situation where everyone has a lot of money but there is a severe imbalance. Other examples include a weak currency exchange rate and high national debt. This also includes the difficulty people face in earning an income. Where can they turn?

[Korvane.io]

Modern society is characterized by so many problems, which has helped shaped society and the way it lived. Looking at the modern society that we find ourselves there is the problem of religious extremist which pose the problem of threat to societal peace and safety, yet if am to judge that is not the greatest problem of this modern era. There is also the problem of fraud, which has ever been seen at least not at this present scale which has caused a lot of economic impact on the world economy. Yet I will not say that fraud is actually the biggest problem of the modern society we find ourselves.

There is also the threat of war, which is also a big problem to global peace, with threat of nuclear weapons almost on daily basis, yet I will not even say that that is the biggest problem of the modern era. Inflation remains the biggest problem of this modern era, I have come to the conclusion that, the biggest problem man kind is faced is actually inflation. It's a monetary problem, until the world government fixes our money mankind is in a very serious problem.

Everyday mankind is faced with a serious problem and that is survival, with the world economy that we find ourselves today the cost of living is increasing every single day.This has even impacted on the way human used to live , when compared with previous generations. If the world monetary system is not fixed am afraid to say that mankind is at a cross road of survival. Just like the evolutionists will say that the world will only be for only the strongest and the weak will die off.

You point out some interesting consequences of inflation, especially how it gradually changes living standards and makes basic survival more difficult.

But perhaps the deeper question is this: Is inflation simply the result of global economic and political behaviour, or is it also a deliberate strategy?

Inflation can emerge from debt, money creation, supply disruptions, wars and poor policy. But it can also benefit heavily indebted governments by reducing the real value of what they owe. So we should ask not only why inflation happens, but also who benefits from it—and who ultimately pays the price.

The Architect.

[Wiwo]

Inflation destroys everything. Living 3-5% anual inflation is easy, and that is not the problem. The problem are higher inflation rates over decades.

Increasingly high inflation rate over decade is the big Elephant in the building, and the reason is that, when inflation surge high and recession hit the economy, where there are no proactive sustainable measures to deal with the root cause of it, the percentage of inflation keep rising and the reflection is on the price of basic commodities will keep escalating.

I grew up in country with 80-100% inflation per month. That is crazy, and economy is destroyed. Nobody knows how much anything costs, sometimes a person gets a good job and it becomes bad quite quickly and might become good again.

When a country lack the most important factors that drive the economy like, good governance, low corruption tendency, high productivity and low unemployment, then security, it will be difficult for such a country without the above quality to over inflation over time.

[Marvelockg]

when compared with previous generations. If the world monetary system is not fixed am afraid to say that mankind is at a cross road of survival. Just like the evolutionists will say that the world will only be for only the strongest and the weak will die off.

One of the key strength of man is that he is capable of adjusting and adapting to situations he has no control over and with that, it's not even proper to think that those in ancient time had it easy going than those of us at the present time.

With cases of wars, failed governance, insecurity  and social vices that has contributed to the reduction in the way people generally carry out Thier activities, it's not strange that it effect will fall back to inflation getting worse and hitting madly on people. Inflation is not even the biggest problem of the masses because of you're faced with flood like a lot of nations are currently facing, You will for a moment forget that there's a thing called inflation. If you're faced with life threatening security situation, you will suddenly realise that life comes first before any other thing.

[viljy]

Inflation remains the biggest problem of this modern era, I have come to the conclusion that, the biggest problem man kind is faced is actually inflation.

There is no inflation in the world right now, the level of which is directly deadly for the population. Such inflation was in Weimar Germany or in Russia in the 90s. And all sorts of inflation rates of 100% or even 200% per year are not fatal. That's 100% per day, and even per week - this is a real problem for survival. But at such levels of inflation, money is usually forced out of circulation by alternative payment methods (for example, another currency) or people switch only to barter.

It's a monetary problem, until the world government fixes our money mankind is in a very serious problem.

There is no world government on planet Earth and it is unlikely that there will be. The era of globalism ended with its collapse. If the world government is understood as the Fed, then you will never see any changes in relation to inflation. The production of money out of thin air is the essence and purpose of this monetary system.

[aoluain]

I don't agree.
There are ways to escape inflation, even if you  make your money with a bread and butter job you can escape it.
Only if you don't become active you are victim to outer circunstancies..

If a family is living "on the bread line" with basic jobs are none at all, no savings and
nit being in a position to save and all the funds goes into living expenses there is no
way to escape inflation.

Food and utility price rises are out of everyones control. Its very difficult to avoid living
without utilities and the effect of inflation on them.

[Minor Miner]

What I realized is that inflation is part of a growing economy. So expect that inflation will stay for good.

However, despite how negative the impact inflation is, still there are means not to totally eradicate it but at least to minimize getting affected with inflation. You can increase your source of income through getting a side hustle, create investment like gold and bitcoin that can hedge against inflation, or simply invest in your backyard. Grow natural foods in order to save from food expenses.

When the world abandoned the gold standard, it also meant accepting that inflation would be a part of the economy.
In theory, inflation is not entirely a bad thing. It encourages spending and investment instead of hoarding cash, thereby contributing to economic growth. It only become a problem when it gets out of control, and unfortunately, that seems to be where we are today. Inflation is not going away, and it will likely get worse over time.

But yes, that does not mean we dont have solution. We can mitigate the impact of inflation by investing in assets that tend to increase in value over time, such as Bitcoin or gold.

[Mhizlove]

What I realized is that inflation is part of a growing economy. So expect that inflation will stay for good.

However, despite how negative the impact inflation is, still there are means not to totally eradicate it but at least to minimize getting affected with inflation. You can increase your source of income through getting a side hustle, create investment like gold and bitcoin that can hedge against inflation, or simply invest in your backyard. Grow natural foods in order to save from food expenses.

I agree that inflation is not something that go away completely, so the better way to approach it, is to learn how to adapt. Besides increasing your income and investing, building good financial habits like avoiding unnecessary debt, budgeting and saving consistently can also reduce the impact of inflation. You see different people needs different solution, but with a little improvement that you will make consistently can make a big difference as time goes on.

[Rabata]

Currently, the fiat currency system is designed in such a way that the government have to to print money constantly. Even if they don't want to, they have to print money. The government itself takes loans on interest and even they give loans on interest from the central bank to other banks in the country. New money has to be printed to pay this interest. Since printing money will not stop, inflation will never end. So I should invest in such assets or create such assets and hold them that will give the right value in the future. Bitcoin, gold, land are good options for long-term hold that can protect against inflation.

[Franklyn-wood]

What I realized is that inflation is part of a growing economy. So expect that inflation will stay for good.

However, despite how negative the impact inflation is, still there are means not to totally eradicate it but at least to minimize getting affected with inflation. You can increase your source of income through getting a side hustle, create investment like gold and bitcoin that can hedge against inflation, or simply invest in your backyard. Grow natural foods in order to save from food expenses.

I agree that inflation is not something that go away completely, so the better way to approach it, is to learn how to adapt. Besides increasing your income and investing, building good financial habits like avoiding unnecessary debt, budgeting and saving consistently can also reduce the impact of inflation. You see different people needs different solution, but with a little improvement that you will make consistently can make a big difference as time goes on.

Sure, different people needs different solutions no doubt about that. Inflation can not be totally eradicated because devaluation of fiat caused by debt and increase in the price of goods and services makes it very heard to stabilize inflation. The cost of producing more fiat notes also will be added as expenses which indirectly increases and affects the economy while the cost of living continues to rise as people cut down there purchasing will to maintain there financial capacity.
The level of joblessness also contribute to ithe increased inflation, there are lots of things needed to be attended to as the government is improving it policies to reduce inflation the citizens should also creat ideas to improve there income which also affect there livelihood.

[mirakal]

At some point, you are telling about the reality of life, and that we all work no longer for fun and excitement but most likely for survival. And despite seeing the prices of goods and services continue to increase, we have no choice but to spend more than our allocated budget, which makes us poorer than ever, most especially to those who are jobless and have nowhere to find means for income.

However, this is what reality of life nowadays, living life is expensive. But that does not mean that there are no means to combat inflation. Of course, there are possible ways but the question is, if we can manage to work on our side hustles especially if we have a day job from 8am-5pm.

In the end, its still a matter of time management and long endurance. Unfortunately, not everyone is capable to do that, although we really have to, to somehow get rid of inflation even a portion of it.

[WillyAp]

[
Inflation stems from the system. When the inflation rate exceeds 50% per month, it’s a sign that the system is not functioning properly, despite efforts by the public

Inflation is part of the system, a system based on growth need more money in the system.
The one always benefiting from inflation is the state. They pay in local currency and that devalues most of the time faster than the US$
Sure the US $ also loses its buying power.

[Alphakilo]

At some point, you are telling about the reality of life, and that we all work no longer for fun and excitement but most likely for survival. And despite seeing the prices of goods and services continue to increase, we have no choice but to spend more than our allocated budget, which makes us poorer than ever, most especially to those who are jobless and have nowhere to find means for income.

However, this is what reality of life nowadays, living life is expensive. But that does not mean that there are no means to combat inflation. Of course, there are possible ways but the question is, if we can manage to work on our side hustles especially if we have a day job from 8am-5pm.

In the end, its still a matter of time management and long endurance. Unfortunately, not everyone is capable to do that, although we really have to, to somehow get rid of inflation even a portion of it.

These times of inflation is quite exhausting to live by, as the only means to combat this is to have multiple streams of income and that means being more active doing the right things like investing and online remote jobs or work two to three jobs to make up for it.

Money is the problem and if money can be gotten in surplus supply, the problem of inflation won't be felt at all.
The lack of money makes people do crazy things and the result is just pure survival and a more corrupt and fractured society.