Quote from: carlisle1 on Today at 03:28:57 PM

Quote from: AmoreJaz on October 11, 2022, 11:32:41 PM

Quote from: Smitty Werben Man Jensen on October 11, 2022, 06:35:47 AM

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Quote from: raidarksword on October 02, 2022, 09:39:07 AM

Economic downfall is we are seeing right now and because of Inflation countries are struggling hard to survive this year economic crisis. This is just the beginning of this suffering we are experiencing right now and all year long we can see more and this is where bitcoin will come in wherein it has a great solution towards inflation problems that the government manipulate with as they are doing right now printing unlimited cash to fight the inflations.

Inflation can continue if Fed raises interest rates again, the world will be threatened with starvation, small countries collapse because they have to survive,
Here I hope the government can provide the best solution in addressing the impact of this inflation, maybe like ur say

Just imagine if inflation continues and is prolonged then it is really difficult,
hunger is everywhere and commodity prices are rising,
the government needs to move quickly before that happens and I understand it's not an easy job to deal with the impact of inflation

and for people to survive, they don't need to wait for the government's actions. as early as they feel they need to secure themselves, they should. there are so many ways how to save or keep afloat during this type of crisis. first, you need to monitor your expenses and see where you can cut down your spending. discard unnecessary gadgets by selling them, prepare your own food, are just few things you can do to help yourself.

Monitoring your expenses will be able to save you or extend your time, saving your money for more important matter will help you to survive
during the inflation, as time move, and the weak economy continue it will be felt all over the world.

You need to help yourself and not to lean much with other people more so with the government, there are more people who also need
assistance and if you will rely on it you'll be suffering more.

Saving fiat is a bad choice right now, inflation is destroying our purchasing power, so if you keep saving fiat and then you want to buy something that you need months down the line it is very possible it is way more expensive than its current price, so if you know you will need something in the future and you have the cash to buy it now there is a case to be made that it makes more sense to buy it now than to buy it later, however you are right when you say that we need to monitor our expenses and stop spending on stuff we do not need, but whatever money we can save needs to be invested in bitcoin or another store of value.