Inflation the biggest problem of the modern era.

[Jubilee58]

When there is inflation in a country, so many things goes wrong, and if you ask me, inflation is one of the things that give birth to so many troubles that we experience in our various countries or societies.
Though even in a stable economy, there use to be some abnormalities which we cannot eradicate entirely, but where there is inflation, it gives rise to hardship, high cost of living, and thereby increases crime rate to the apex.
Inflation gives room to criminality, things like child trafficking, prostitution etc. All these manner of misbehaviors are on the increase.
At present my own country is experiencing very high rate of inflation, and the kind of crime happening now , it was not so when there was a kind of stability in the country, so inflation can really give room to many troubles that our society is facing today.

[Ayers]

When there is inflation in a country, so many things goes wrong, and if you ask me, inflation is one of the things that give birth to so many troubles that we experience in our various countries or societies.
Though even in a stable economy, there use to be some abnormalities which we cannot eradicate entirely, but where there is inflation, it gives rise to hardship, high cost of living, and thereby increases crime rate to the apex.
Inflation gives room to criminality, things like child trafficking, prostitution etc. All these manner of misbehaviors are on the increase.
At present my own country is experiencing very high rate of inflation, and the kind of crime happening now , it was not so when there was a kind of stability in the country, so inflation can really give room to many troubles that our society is facing today.

since the world shifted from the gold standard to fiat, inflation has become an integral part of every national economy.

in theory, inflation isn't necessarily a bad thing if it is kept under control. moderate inflation can encourage spending and help support economic growth. it only become a serious burden when it gets out of control. so the goal should not be to eliminate inflation completely, but to keep it at a manageable level.

also, i do not think it is fair to blame inflation for all social problem and crime. crime is influenced by many other factor, such as unemployment, inequality, education...inflation is not the cause of every problem in the world.

[Solokan]

One of an uncontrollable challenge of a nation is inflation,  it has a very great effect when it has to do with economic situations of a country's economy. Many underestimate its power without knowing it has all it take or destroy a country's many year's effort  but can be controlled if the country has what it takes to bring an end to it.
One of the major tool required for its reduction is good governance, a country blessed with good leadership body can easily control inflation and make condition of living easy for its citizens.

If we have a good national leader then there is certainly a potential for inflation to decrease because if we have a good national leader then he will definitely try to make his citizens prosperous such as advancing the economy of his people in various ways. because in my opinion inflation is very difficult to avoid but indeed if we have a good national leader and citizens who have good thoughts and will then certainly even though they are affected by inflation they will not suffer because they have a good income. yes the point is if we have a good business even though inflation is always there then we will still progress the proof is that rich people who have good businesses are always not much affected by inflation because they have a lot of money and their income is very large.

Having a good leader can help a country's economy a lot. But it would be oversimplifying the issue to think that having a good leader alone is enough to control inflation and make the economy grow.

Inflation is affected by many different factors, and not all of them are within a leader's control. A country's economy is also influenced by countless other factors. Having good economic policies does not automatically mean the economy will grow.

Covid pandemic is an example. If government had not printed more money to support and keep their economies running, what do you think they should have done instead? Or when global oil prices rise sharply because of a war like they are now, what can even a good leader do to bring inflation down?

Indeed, when it comes to disease and war, which cause oil prices to rise, it's certainly not easy for any leader to curb inflation However, if the government is good and can create high-paying jobs and raise the salaries of those already employed, I believe that will curb inflation

In my experience, inflation has always been a problem, and one way to curb inflation is by improving the people's economy The proof is that for those with a healthy economy, even if inflation continues, the impact will be less significant because they have good businesses or a healthy economy. But I'm also curious to hear your opinion on the solution so that we can remain prosperous and prosperous despite this inflation  

[fruktik]

Suggestions about increasing income and investing are good, but it is not accessible for everyone people don't have enough money to invest in gold or Bitcoin or they can not face risk.

Making extra money by doing additional income methods or improving skills are for the good and possible way, and more practical.

Not only are these methods inaccessible to many, but they also carry high risks. Who can guarantee a person will consistently make a profit when investing? Are there any? I seriously doubt it. Even banks always warn about the risks associated with investing. So I would approach this with extreme caution.

However, finding a second job or a source of income that doesn't involve high risks is a perfectly reasonable idea. I support that.

[Decimetre]

Suggestions about increasing income and investing are good, but it is not accessible for everyone people don't have enough money to invest in gold or Bitcoin or they can not face risk.

Making extra money by doing additional income methods or improving skills are for the good and possible way, and more practical.

Not only are these methods inaccessible to many, but they also carry high risks. Who can guarantee a person will consistently make a profit when investing? Are there any? I seriously doubt it. Even banks always warn about the risks associated with investing. So I would approach this with extreme caution.

However, finding a second job or a source of income that doesn't involve high risks is a perfectly reasonable idea. I support that.

Everything is risky, but what forms a better opinion is what risk has less repercussions. Inflation is fast and high and not looking like it could stabilise anytime soon. Several economies have this problem of inflation but this inflation is very much higher in other countries. Finding a second or third source of income is good because it will cushion the effect of this inflation to a great length.  Use to wonder if there's no lasting solution to inflation. Does it have to continue until when? You can't work hard and save your money coolly while planning how to utilise the money. Just one month of saving your money and planning on what to use it for, when you come back to the said savings, the value would have dropped due to inflation.

Investing the money in bitcoin is good but this is not a strategy for short term in order not to be at loss. But if you are going to save your money for a long time, then you can save in bitcoin and hope that it favours you as nothing is still guaranteed.

[Conqueror777]

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.

The rich keep getting richer, the FED and EIB are controlled by Sionists and of course all of the goverments are corrupt; the politicians are just puppets in this New World Order.

[Etranger]

Investing the money in bitcoin is good but this is not a strategy for short term in order not to be at loss. But if you are going to save your money for a long time, then you can save in bitcoin and hope that it favours you as nothing is still guaranteed.

Yes, on a short distance Bitcoin is definitely not suitable. In such a case one can lose, and lose quite a lot. In addition, there is a nuance with converting into fiat, this can cause additional expenses, plus there is the moment that it does not always work out to do this as quickly as needed. Therefore I consider Bitcoin as a long term solution. In the short perspective it definitely does not save you from inflation.

[Bitcoin_people]

In the modern era, the biggest problem that people are facing is inflation in every country. Due to inflation, the economic position and infrastructure of the country become very weak, due to which it is a big problem for the citizens of every country. When a job is done, it is not possible to improve the living standard with the salary that is paid, rather, due to the high price of goods, a lot of money is required to buy them. Moreover, prices are increasing a lot in every field, including electricity bills and gas bills, but the daily income of people is not increasing much, and the salaries of those who work are not increasing either. As a result, people have to pay a lot in every field, and they do not have money to save, which is only because of this inflation. However, in this modern era, if the rate of inflation cannot be reduced, if it continues to increase, then the economic position of a country will go towards destruction. Therefore, to keep the economic position of every country correct, we must work against inflation, only then the economic position can improve.

[laijsica]

Investing the money in bitcoin is good but this is not a strategy for short term in order not to be at loss. But if you are going to save your money for a long time, then you can save in bitcoin and hope that it favours you as nothing is still guaranteed.

Yes, on a short distance Bitcoin is definitely not suitable. In such a case one can lose, and lose quite a lot. In addition, there is a nuance with converting into fiat, this can cause additional expenses, plus there is the moment that it does not always work out to do this as quickly as needed. Therefore I consider Bitcoin as a long term solution. In the short perspective it definitely does not save you from inflation.

You are right. To get in of Bitcoin and into a better financial position, and to keep our personal finances in good shape, we need to follow a long-term process. Short term trading, which creates a greedy attitude and can cause a kind of stress in the market price fluctuations.

In situations where urgent needs can hit us very quickly and there is a possibility of losing Bitcoin holdings, it is an important investment strategy to have emergency funds and cash flow available at the same time.

Like you, I consider Bitcoin as a long term solution. Not in a risky process, but a long-term solution through discretionary income that will gradually increase the size of your portfolio and an independent personal/institutional financial power. This power will strategically protect us from the negative effects of inflation and provide financial security.

[Etranger]

Investing the money in bitcoin is good but this is not a strategy for short term in order not to be at loss. But if you are going to save your money for a long time, then you can save in bitcoin and hope that it favours you as nothing is still guaranteed.

Yes, on a short distance Bitcoin is definitely not suitable. In such a case one can lose, and lose quite a lot. In addition, there is a nuance with converting into fiat, this can cause additional expenses, plus there is the moment that it does not always work out to do this as quickly as needed. Therefore I consider Bitcoin as a long term solution. In the short perspective it definitely does not save you from inflation.

You are right. To get in of Bitcoin and into a better financial position, and to keep our personal finances in good shape, we need to follow a long-term process. Short term trading, which creates a greedy attitude and can cause a kind of stress in the market price fluctuations.

In situations where urgent needs can hit us very quickly and there is a possibility of losing Bitcoin holdings, it is an important investment strategy to have emergency funds and cash flow available at the same time.

Like you, I consider Bitcoin as a long term solution. Not in a risky process, but a long-term solution through discretionary income that will gradually increase the size of your portfolio and an independent personal/institutional financial power. This power will strategically protect us from the negative effects of inflation and provide financial security.

I just think in general that beating inflation in the short run is impossible. That would mean that someone could be immune to it, but absolutely everyone feels it on themselves, just to varying degrees. One needs to focus on realistic goals. And so in the long term perspective one can, if not completely negate, then definitely reduce the effect of inflation specifically on oneself and one's household. But staying completely outside of it will not work.

[Abdulzuruku01]

One of an uncontrollable challenge of a nation is inflation,  it has a very great effect when it has to do with economic situations of a country's economy. Many underestimate its power without knowing it has all it take or destroy a country's many year's effort  but can be controlled if the country has what it takes to bring an end to it.
One of the major tool required for its reduction is good governance, a country blessed with good leadership body can easily control inflation and make condition of living easy for its citizens.

Government is the only solution to inflation, because the only people that underestimate the effect of inflation are those that do make a lot of profit from it. One thing about inflation is that, it destroys nations more than any other factors like corruption and honesty If the government is willing to develop a country to make life better for citizens, that will be effective to both rich and the poor inflation should be the first priority, followed by insecurity, corruption and any other factors. But I believe with a great great government, it can be manageable or have total control over it.

[trendcoin]

When we calculate and build our future, making plans based on fiat currencies will undoubtedly lead to disappointment. It is impossible to accumulate wealth with fiat currencies. Therefore, inflation is an inevitable outcome. However, we also need inflation to grow and build new societies. A fixed monetary system inevitably stalls in situations like population growth, and there are many examples of this in the past. Even in the past, empires that waged conquests turned to inflation as a solution -by adding silver to gold- during periods when they could not maintain their soldiers’ morale under fixed monetary systems. Today, there are no conquests, but we are building new cities. We are facing the same problems. Our problem, at its core, is not so much inflation as it is excessively high inflation...

[ruykeri]

One of an uncontrollable challenge of a nation is inflation,  it has a very great effect when it has to do with economic situations of a country's economy. Many underestimate its power without knowing it has all it take or destroy a country's many year's effort  but can be controlled if the country has what it takes to bring an end to it.
One of the major tool required for its reduction is good governance, a country blessed with good leadership body can easily control inflation and make condition of living easy for its citizens.

Government is the only solution to inflation, because the only people that underestimate the effect of inflation are those that do make a lot of profit from it. One thing about inflation is that, it destroys nations more than any other factors like corruption and honesty If the government is willing to develop a country to make life better for citizens, that will be effective to both rich and the poor inflation should be the first priority, followed by insecurity, corruption and any other factors. But I believe with a great great government, it can be manageable or have total control over it.

The government increases inflation. They deliberately print money for their own benefit, and also they are forced to print money under pressure. For example, if a government is corrupt, they print money as they wish and continue to develop themselves in the purpose of the country's development. That means they embezzle all the money where it does not benefit the people. They become even weaker economically. Sometimes, when a lot of money is needed to run various types of development programs, the government starts printing money and taking loans through the central bank. Which has to be repaid by printing that money too. This is a kind of ongoing process. As long as there is fiat currency, this money will continue to be printed. If the government really wants to reduce the inflation of the country, then it will have to stop printing money and produce all the necessary things for the people of the country in sufficient quantities. Then the supply will increase from the demand, as the same products will be able to be bought for less money than in the past.

[MorganaX]

I think the number of countries in the world that aren’t affected by inflation can be counted on one hand. This is inevitable because the population is growing, and wages, consumption, and everything else are rising. Consequently, the amount of money in circulation is also increasing. I agree that a certain level of inflation is acceptable. In my opinion, even living in a country with high inflation is acceptable, but the worst scenario is a country where inflation is constantly fluctuating and unpredictable. If you take out a loan that you’ll be paying off for many years during a period of high inflation and then inflation drops, that would be very bad.

Yeah indeed inflation is paramount, but when it becomes a problem is the situation where minimum wage doesn't support the rise of inflation is results the a high number of citizen in consumer debt and overall poverty. So it all depend on the government and how they utilize or make this inflation bearable. The aspect of this inflation that is quite frequent in this part of the world I reside is hoarding of consumer products,  to some extent its good but this business individuals are taking it to the extreme

[Adiljutt156]

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.

I agree that moderate inflation is quite manageable as compared to extreme inflation, when the prices increase by 32-5% annually, which is quite predictable and people can manage it by saving, but when the inflation become extremely high, and it continues for years and years, then it is not predictable, and it destroy.
Saving and salaries do not provide them required value businesses struggle to make profit and plan investments. At that particular point, people started looking for other alternative like foreign currency or assets.

[DYOR+BTC]

One of an uncontrollable challenge of a nation is inflation,  it has a very great effect when it has to do with economic situations of a country's economy. Many underestimate its power without knowing it has all it take or destroy a country's many year's effort  but can be controlled if the country has what it takes to bring an end to it.
One of the major tool required for its reduction is good governance, a country blessed with good leadership body can easily control inflation and make condition of living easy for its citizens.

Government is the only solution to inflation, because the only people that underestimate the effect of inflation are those that do make a lot of profit from it. One thing about inflation is that, it destroys nations more than any other factors like corruption and honesty If the government is willing to develop a country to make life better for citizens, that will be effective to both rich and the poor inflation should be the first priority, followed by insecurity, corruption and any other factors. But I believe with a great great government, it can be manageable or have total control over it.

Yes of a truth government is the only solution to inflation at all time but that doesn't mean citizens never have any role to play in situations like this, when it has to do with inflation both the government and citizens unanimously can find solution to it. Although even if citizens will help but it is the job of governments to provide lasting solutions to inflation but they don't like tackling it because they  benefit from it directly or indirectly.

[STT]

Inflation is the biggest solution of the modern era is the ironic true headline implemented by government and central banks.   The idea being to consistently inflate the monetary base by 2% somehow calms the storm waiting to break down the door and send the economy into recession and the government into a debt crisis from its overspending.

   2% doesnt happen, I would estimate we're at 5% or near inflation alot of the time and some countries its double digits of course.  This especially hurts the poor who grow ever more reliant on government programs of subsidy via various means.  It hurts the economy overall but many want to argue its less worse then the other natural process of cycles of recession and boom that would  occur otherwise.

[Crakryptvest]

One of an uncontrollable challenge of a nation is inflation,  it has a very great effect when it has to do with economic situations of a country's economy. Many underestimate its power without knowing it has all it take or destroy a country's many year's effort  but can be controlled if the country has what it takes to bring an end to it.
One of the major tool required for its reduction is good governance, a country blessed with good leadership body can easily control inflation and make condition of living easy for its citizens.

Inflation means that the country with high inflation is not doing great economically, a government with good plans can reduce the inflation rate of their country by coming up with good economic plans, you concluded by saying it is good governance that solves the problem of inflation, and you're right, but I will say some of the things that can reduce inflation,  cutting off unnecessary spending and borrowing, more productions to meet to the need of the masses, reduction of price of goods, food items and gas at the meantime can help in fighting inflation, of course we know the last one that I'm going to mention which is wasting of public funds in things that are not important, injecting more money into the economy to stimulate it temporarily and watch out for the result.

[Rgram]

I just think in general that beating inflation in the short run is impossible. That would mean that someone could be immune to it, but absolutely everyone feels it on themselves, just to varying degrees. One needs to focus on realistic goals. And so in the long term perspective one can, if not completely negate, then definitely reduce the effect of inflation specifically on oneself and one's household. But staying completely outside of it will not work.

Can anyone truly be immune to inflation?
You know it doesn’t care how reach you are or what you’re into. At the very least we could have said that, those who own businesses and offer some services would channel these extra cost on their products and services offered but, having to levy that much alone is already you having to take that drastic decision which you wouldn’t have on a normal day and still, you would be paying just as much when you buy products and rent services as well.

[batang_bitcoin]

Inflation is the biggest solution of the modern era is the ironic true headline implemented by government and central banks.   The idea being to consistently inflate the monetary base by 2% somehow calms the storm waiting to break down the door and send the economy into recession and the government into a debt crisis from its overspending.

   2% doesnt happen, I would estimate we're at 5% or near inflation alot of the time and some countries its double digits of course.  This especially hurts the poor who grow ever more reliant on government programs of subsidy via various means.  It hurts the economy overall but many want to argue its less worse then the other natural process of cycles of recession and boom that would  occur otherwise.

2% of inflation is even a slowdown they call. But the usual is around 5% to 7% annually for the inflation rate. The rich won't be thinking about this because they've got a lot of money and lots of cash flow. The middle class and average family, they'd feel already the inflation because they're always the ones who pays everything including the taxes and they're mostly trap into that bracket carrying most of the tax burdens. The poor will definitely feel the effect of it and that's why we see more homeless people goes around because they can no longer pay their debt and the mortgages of their houses, their salaries are becoming little due to inflation.