Post
Topic
Board Economics
Re: Everybody is very rich look the prices of everything
by
GigaBit
on 12/08/2024, 06:15:32 UTC
The new Normal is to be very wealthy and it's shame to tell others you don't have money nobody don't belive you they think you joking becouse it's impossible to live in this world like this If you don't have money.

Finally the world is rich
Even if the price of a product is very high, people have to buy that product for living. And depending on this purchasing power, if we consider its financial side, it would be wrong. There are many who have low income but have nothing to do. Even if they do not buy other essentials, they are forced to buy food items. They can never tell anyone about their condition and there is no chance that they will rise from that position. So we cannot consider everyone as rich. When the price of goods increases, the value of money also decreases. Due to which people are not rich even though money is used more. Almost all of the money they earn is spent on day-to-day activities.