Quote from: ChiBitCTy on October 22, 2021, 02:55:38 PM

First, how bad is inflation in your country..what % is it currently at?

Officially, inflation is now 2.7%. But the official inflation calculation always seems like it's designed to keep numbers low, even though the price of almost anything I buy increases much faster.
People often say "taxation is theft", but I'd say inflation is the real theft because it's hidden. As a consumer, I'd be much better off without inflation. I love buying things with Bitcoin and seeing how products get cheaper over the years! Inflation is forced upon us by central banks and governments, probably to give the illusion of getting more money while in reality it makes it much more different to compare real prices (and wages) between generations.

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Second, are you seeing supply chain issues in your country and how bad is it?

I've been trying to buy a certain bicycle that's just not available. Other than that, supply chain problems just lead to a higher price.

Quote from: Ucy on October 22, 2021, 03:29:24 PM

there isn't much increase in price except in the price of water which I immediately stopped using

How much do you pay for water if I may ask? Here I pay $0.0015 per liter drinking water (that's why we use drinking water to flush the toilet).

Quote from: The Pharmacist on October 22, 2021, 05:16:48 PM

Just look at gas prices, which have gone from an average of $2.0x (or something like that) to well over $3/gallon today--and that's a massive hit on people's wallets

Looks like you have no idea how lucky you are! Here, Euro95 (the most common fuel with 10% ethanol) costs $9.22 per gallon. We almost hold the record, only Hongkong left to beat Cheesy

Quote from: teosanru on October 22, 2021, 08:57:07 PM

I am surprised that US is facing supply chain issues despite no lockdown being imposed in the country, this shows how fragile the US Economy is at it's core

Have you seen the Backlog of cargo ships at southern California ports? I'm not sure how recent this backlog is, but considering container transportation is now very scarce and very expensive, having 100 ships waiting to unload hundreds of thousands of containers means all those containers can't be used elsewhere:

Quote from: theguardian.com

“These issues go through the entire chain, from ship to shelf,” Pete Buttigieg, the transportation secretary, told ABC7. “That’s why we’re not just working with the ports. It’s the truckers, the rail companies, the operators and also those retail companies that are at the other end of those supply chains.”

It's ironic: containerships were created because standardised containers are very convenient and made shipping very cheap. That advantage is gone now.