Inflation is really biting hard, and nobody is doing anything about it, should we all just go with what Tupac said, "that's just the way it is, things will never be the same".
A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia, a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought has charged Prince without any reason.
How are you guys pulling it through with this inflation?
That it true that purchasing powers of citizens are getting weaker and weaker and even the governments are having a hard time to implement those consumer laws because they cannot even control the surge in prices of the goods and services. Even the salary of the people who have a regular employment is suffering because the prices goes up but the salary is not increasing, it decreases the purchasing capacity of the people to buy their basic needs to sustain their daily needs. To be able to sustain the daily needs we should decrease our budget and buy only the important ones and try to find other source of income so that we could survive in times of inflation.