Post
Topic
Board Economics
Re: Everything is over priced but people keep spending
by
BlackBaron
on 27/03/2024, 15:12:12 UTC
Nothing to do  People have adjusted themselves to this abnormal rise in commodity prices.  What do you do without adapting?  Because you have to eat food to survive.  I don't think there is any substitute for food.  So whoever earns from his place spends it entirely on food and daily necessities.  Now the thought of saving has become rare.  Still, even if something is done in between, savings must be made.  Because everyone has to think about the future.  If there is little money for the future, which seems to be the case, there will be no choice but to resort to others in dire straits.
People can only hope for the Government to stabilize the economy again from inflation, there is nothing that can be done to survive, we have to spend money even though the prices of basic necessities are rising. It's true that it's difficult to think about saving or investing, just making a living is already difficult. We are lucky if we have income elsewhere, outside of our main job, for those who don't have it, it will be very difficult to face this situation. I think thinking about the future can indeed motivate us to seek additional income, but we must admit that the path will not be as easy as we imagine.