Post
Topic
Board Economics
Re: High inflation is causing GLOBAL protests
by
Fortify
on 19/07/2022, 18:34:09 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.

That's what happens if a non-elected cabal is made to have control over the money supply. Look at this list. Start researching about your country's central bank policies, read the news, and know if your country is about to have, or is currently having high inflation. Because your country could be next for a mass protest.

If you think cryptocurrency is a magic bullet to any of those issues you are sadly mistaken. We had 10 years of relative stability before Covid struck and we really took it for granted, after the global pandemic shut down massive supply chains (and continues to do so) it caused all sorts of problems that lead to this inflation. On top of that Putin declared war on Ukraine for no reason and brought war back to Europe for the first time in over 70 years. All these major disruptions have trickled down and affected the poorest countries the hardest, while even very developed countries are struggling to make sense of it. However we have yet to see a true recession hit and it seems politicians are intent on pushing it back as long as possible, which might just end up making it larger and more dangerous.