Post
Topic
Board Economics
Re: Standard of living
by
lixer
on 13/05/2022, 14:16:54 UTC
Inflation is now a global problem and makes living standards increase,
in this case it is very important to have more than one source of income and one of them can generate from a bounty like you,
hope that economic conditions around the world can return to stability
The global problem part is the biggest issue. Back in the day we heard about places like Zimbabwe, Venezuela, Argentina, turkey and so forth who all had high inflation and what you buy from 1 dollar today could be 2 dollars tomorrow and that kind of thing and it was a shame but it wasn't common.

Today that happens all around the world, look at the gas prices all around the world, due the war we have such a huge one, well when that is high, this means transportation is expensive as well, which means whatever you want to use, will end up being expensive because it is transported for more money. So, it's a global problem and I do not know if anyone has any solutions to it.