Quote from: Yaqs15 on June 16, 2024, 09:04:17 AM

Quote from: oktana on June 14, 2024, 11:48:40 PM

Inflation is general. It’s in every country on earth. Unless the country doesn’t use fiat (which isn’t possible because what then are you using as legal tender). In the next couple of years, the cost of petrol would likely be more than that. And even if it isn’t, other items like food items, or clothes would cost more. How you’d know this is when you look back to how it used to be, you can see the trend of inflation.

Before, things used to increase on either annual basis, two years or more. But now, things are increasing like hourly not even monthly. something that you just purchased few hours ago, going back again like in the evening, you will see that they will tell you another price that's more than before. The problems that most countries are facing today, are caused by the government. Removal of fuel subsidy, unification of foreign exchange and leveling of taxes on companies and industries have made things difficult for people. In my society today, people are suffering. their income are not up to their expenditures. Still things are going up.

I think it all depends on the country you’re in. For some countries, the cost of things hasn’t really seen much changes in couple of months while some are probably seeing frequent changes. Irrespective of what country you would name, I would agree that it is suffering for your income to not cover your expenses. This is what makes people work for the whole of their lives. Because they don’t even see a window to save their retirement money as they haven’t even completed their bills. I guess it’s to monitor how you live and try to adapt to how others are living.