Quote from: rhodelmabanal on June 04, 2024, 10:46:47 AM

Quote from: TEBTC on April 28, 2024, 09:57:25 PM

Year after year before the cross over service there will be promises of a new beginnings, new hopes, vision, wishes and resolution
Government will come up with the budget of the incoming year and and when you look at the budget it is really interesting with hope's of having a better year ahead as in the budget it capture virtually everything including the economy and other aspects of the nation
But every year that passes on the economic situation is getting worse by the day, infact inflation increase with each year that passes making the living standard of the poor unbearable
This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all

i think new mind set can do nothing with the high inflation, even if we have a new mind set it can only change our financial status but not the inflation rate, new minds set comes with new strategy to earn more profit to pay daily expenses so it also help but not so big help, the solution of the high inflation is not totally depend on us,it is in the hands of the government they can reduce spending and increase the taxes as a way to help reduce inflation.

This has also happened in my country where the government increases taxes, and tax people seem to be looking for loopholes to be able to collect taxes, and this actually has a bad impact on small business actors, where they have to compete and pay tax obligations, in the end they are unable to , and life gets harder. This will result in an increasingly high crime rate, because they are pressured by the necessities of life, especially at this time coupled with a lifestyle.