I Have been observing the way price of things are going up right from 2013 up till this time , add to the pandemic in 2019-2020 that caused high level of inflation to the world. Things are getting more expensive everyday both the rich and the poor are complaining of it and it seems the price of things will keep on getting higher. I'm thinking how will the world cope with inflation in 50 years coming 🤔, instead of price of things to come down a bit but it keep on rocking higher. I think the best thing to have in mind is to expect more inflation and to prepare how to tackle it in years coming.
2013 is the year I graduated from college and was earning pennies for my self only. I am not aware of that time about inflation. I was spending like there are no tomorrow then it was the moment when I got married and had kids that this things kicks in my mind. Had to keep up with the current economy, it will get worst, people are reproducing and the resources in the world are scarce so this would be expected to happen. Food's demand will keep on rising along with it's price, so the best we can do is prepare for it and be ready. Unless there will be another pandemic greater than before, or world war is coming to lessen the population of the world. Hopefully nothing about people getting killed massively going to happen just to cover up the population's needs.