Quote from: DrBeer on Today at 11:10:42 AM

Quote from: karmamiu on Today at 11:07:09 AM

Quote from: DrBeer on April 18, 2023, 08:15:34 PM

Quote from: BobK71 on March 25, 2023, 06:42:26 AM

Inflation is now a deadly disease in almost every part of the world. Every country is now affected by this disease. As a result, the cost of living has increased less and more in all countries. Especially for those countries which are dependent on other countries i.e. dependent on imports, it is having a fatal effect. Moreover, rising fuel prices and high commodity prices in in every sectors are prolonging the recession.

Unfortunately, inflation is a by-product of the social order. I will explain what I mean.
1. I do not take into account those countries where the government is either idiots or total corrupt officials. There inflation is a consequence of their "life activity"
2. I meant ordinary normal countries where there is an acceptable standard of living, and the government seeks to provide everyone with more or less comfortable conditions.
It is the social sphere or external or force majeure factors that always lead to the fact that the state begins to "print money". Otherwise, the lives of most citizens will immediately sink to the bottom. Let me clarify with an example - Pandemic Covid19. The economy "stopped", taxes fell, unemployment is huge. And the state has millions of people who have at least temporarily lost their jobs, their health ... How can we help them? Only money. Directly - by paying some kind of compensation or indirectly - through funds that distribute food, clothes, medications - manufacturers also cannot produce products for free.
At the same time, the government understands that when the economy stops, printing money = INFLATION. Yes, there is inflation without all these circumstances, but it is not so noticeable. And if you notice, talk about "unpleasant inflation" intensified precisely after the global pandemic, which brought huge economic problems to all countries.

And up until now we are still living the side effects of such pandemic. It is not that it cannot be solved, but it is just that it will take time for us to recover since it not only a single country who suffered such fate, there are also things to consider such aa businesses they need to recover. In short all of us are busy rebuilding our own economy, and it is not healthy for the economy to additionally print more money to aid the different sectors in the government. We might be happy that almost everything has resumed to where originally it is, but it's not coz during those times the people that permanently lost their jobs will try to seek new opportunities while adding the fact that the opportunities given are very limited to almost nothing.

A global pandemic is like a severe illness for a single person. It affects the gastrointestinal tract, the respiratory system, the nervous system, leading to muscle degradation, metabolic disorders ... And such a disease cannot be cured with "one pill" and "in one day." Just as the body after a serious illness needs time to rehabilitate and restore all functions, so the world economy and the economy of each country need time, and this is not months ... Unfortunately, we will feel the "consequences" of this terrible pandemic for several more years.

I think we're feeling the consequences, I mean, it's happening, we don't have to wait a few more years. And it may take another year or two for our economy to fully recover and enter a new growth phase.
Pandemic can be a terrible thing, no one wants it to happen, but during a pandemic, I still see many people who can make money and even get rich. In my country, many people risked their lives to trade medical items, and that year, they became rich quickly. It can be said that the pandemic and economic recession will kill many people and businesses, but it will also be an opportunity if someone knows how to take advantage of opportunities and dare to take risks.