Post
Topic
Board Economics
Re: Will inflation in the world grow by 2023?
by
irhact
on 24/06/2023, 10:44:23 UTC
Of course, inflation will continue to grow this year, because the economic and food situation continues to deteriorate, the political situation in the world continues to be tense. Russia continues its war in Ukraine. By blowing up the Kakhovka HPP, Russia deliberately caused an ecological disaster, turning the fertile lands of Ukraine into a desert, which means that Ukraine will not be able to export agricultural products in the same volumes and in many countries the prices for products will increase.

Without all this conflicts going on in the world like the Russian and Ukraine war, I still think inflation would have grown this year as well. Maybe the rate would had been slowly than what we're having but inflation will always be a problem we'll keep having since the government keep printing new currency into circulation and devaluing the dollars. Until the government stop printing we won't be free from inflation troubles.

Since it's a fact that the government won't stop printing money to solve their problems instead of doing other useful things we can only protect ourselves from the inflations by investing. Investing can do it in various ways to be profitable but buying Bitcoin is most recommended.