Post
Topic
Board Economics
Re: High inflation is causing GLOBAL protests
by
Charles-Tim
on 18/07/2022, 14:19:03 UTC
Structural inflation isn't in the interest of the average citizen, and it's forced upon us by central banks.
It's the main reason I'm into Bitcoin: I believe money should be scarce to be valuable.
Some people do not know what bitcoin is, they do not know it can be an hedge against inflation, but instead, they are calling it scam, hyip, ponzi and all false kind of name.

The bottom line is that mismanagement is what makes the state corrupt, and it is what leads to political turmoil.
Sometimes, inflation is beyond corruption, some leaders are not just capable. I can see my country always depending on the whites, they do not want to come up with something of their own and they are failing. They always value the while countries than their own.

See phone, computer, their OS and other modern technology not beyond USA, China and few other developed countries. The reason I always pity the next generations of my country. The present generation do not even have believe on themselves, the leaders completely worsen the situation because they are the ones living the luxurious life of foreign products.