Quote from: jaberwock on Today at 04:04:50 PM

Quote from: macson on February 13, 2022, 08:25:22 PM

Quote from: spy100 on February 05, 2022, 01:44:02 AM

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

what country do you live in, each country has different income/expenditures? in my country, people's purchasing power is still high, even though it's still a pandemic. if your economy is really difficult during this pandemic then you have to save money and buy only what you need.

Yes, each country is different but some countries are rich and some countries are poor but the income and expenditures will also depend on the people. Some people earns less while some earns big but some poor people can spend more compare to richer people. This why they are still poor.

This wrong in others perspective but they cant do anything because those people themselves do not want to embrace a change. It is not their fault if their economy is in difficult situation but it can be the fault of their government. If their government is good, this wont end up this way where they need to control their selves to spend for the things that they always wanted.

The mindset of the poor sometimes keeps him poor, rich people always use most of the money they have to build assets, which assets will work
for them. Meanwhile, the poor usually spend the money they have, without thinking about buying assets. Since we know crypto, we can buy
assets according to our respective financial capabilities. So investing in crypto is not only for the rich, but even poor people with low incomes
can invest in crypto. The problem is in ourselves, how do we manage our finances well. Because if the rich don't buy assets, their money will
run out too someday. Then for poor people can turn them into rich people, most importantly they have to learn to invest. The government can do
a lot of education to the population how to manage finances well, that's one way to reduce the poverty rate that has continued to increase since
the COVID-19 pandemic.