One of my colleagues told me that his salary is lower now than it was five years ago. Sadly, the price of goods is rising.
Of course I do. The rising cost of goods and/or services have severely impacted the lives of many people. This is all because of inflation. Unnecessary wars between countries, rising geopolitical tensions, and the COVID-19 pandemic's disruption on the global supply chain are having a profound effect on the global economy.
Central banks won't be able to do anything about it if inflation keeps spiraling out of control. What they can do is "reset" the economy by launching their very own digital currencies. And that my friend, will happen faster than you can imagine. Governments and central banks will have more control/power over the economy han ever before. It will mark the end of paper money and privacy for good. One would hope things get "back to normal" soon. As long as there's world peace, there should be nothing to worry about.
