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.
The world system of money circulation connected the whole world like a cobweb. Inflation spreads to all countries and countries with weak economies are the first to suffer from it, which have a large share of imports. Wages can't keep up with rising commodity prices. In order not to feel the need, it is necessary to have investments in the form of shares or real estate. Such real assets grow with inflation and their value will always be real in the market. The situation is not always equally unstable and I think you just need to survive this difficult time.