Post
Topic
Board Economics
Re: High inflation is causing GLOBAL protests
by
Husires
on 18/07/2022, 09:22:34 UTC
All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE.
This is an illustration of inflation among a group of countries since 1980   (https://www.reddit.com/r/Bitcoin/comments/w16jum/global_inflation_since_1982_bitcoin_is/,) and if you notice, many countries have gone through hyperinflation and yet those countries continued to exist with/without minor changes in the ruling class.

Therefore, high inflation does not mean that the country will face a political crisis or the government will be changed, but it is one of the highest factors that if political unrest does not occur, it will make the position of the poor more poor.

The bottom line is that mismanagement is what makes the state corrupt, and it is what leads to political turmoil.