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Quote from: Spaceman1000$ on July 17, 2023, 07:45:12 PM

How are you guys pulling it through with this inflation?

Hasn't inflation always been a problem in the world? but humans always have a way to overcome it because humans can always adapt well to everything that happens.
You can't fight inflation, which can be done by making adjustments so that you can still meet your main needs in full, one of which is by looking for additional income, just complaining won't change the situation and saving is only useful when things are urgent but to deal with inflation you have to start investing, right? just save because your fiat money will always go down in value.

If people take a moment to learn about how the economy works, they will know that inflation is a part of the economy and it is always present in our lives. But most people won't feel it because it's under the government's control and doesn't affect them much, so they don't feel it. Most people just focus on enjoying life in a stable economy, they are not prepared for unexpected bad things. So when inflation gets out of control, things go bad quickly and they start complaining and blaming anyone.

Indeed, instead of trying to overcome difficulties, many people just complain and blame others even though it doesn't change anything for them.

1–2% of yearly inflation is reasonable and is supposed to be healthy for the economy, showing growth. However, excessive amounts of inflation aren't healthy at all and are putting a huge burden on the average consumer. In Greece, inflation hit an all-time high of over 40 years, surpassing 12–13%, which, in practice, isn't accurate at all. I used to buy chicken at €6/kg, and now it costs €10/kg; that's an increase of over 40%. On top of that, the increasing costs of gasoline and electricity aren't included in inflation measures, proving how inaccurate and defective these measures are.

Unfortunately, prices are certainly going to stay where they are, while our salaries have remained the same. As a result, our available income is much lower than it used to be two years ago.

All commodities increase in price during periods of inflation but will be uneven, chicken can rise above 4€/kg, but other foods demand less so prices will increase less. So you cannot say that the inflation figure is incorrect. Prices will depend on supply and demand, for items that are not in high demand, prices will hardly increase.
But you are right, prices will hardly change even if inflation falls, but this can be caused by traders deliberately manipulating prices and governments being too negligent in stabilizing market prices. And the salary increase needs to be considered to balance everything, if the Government rushes to increase wages, they will face many difficulties in controlling inflation.

That's how inflation works in theory; in practice, I haven't seen what you're claiming. Supposedly, inflation is the average percentage movement of a specific list of goods, but in reality, I haven't seen any goods decrease in price. Everything has gone through the roof, so your statement is invalid. All goods have increased in price; I haven't seen a single item being cheaper than it used to be. It's a complicated matter; it isn't that simple to increase wages. The main issue is that after prices increase, even after the condition is settled, they'll never return to where they were. This, in my opinion, is pure speculation that goes without any monitoring.