Quote from: Felicity_Tide on November 30, 2024, 12:32:52 PM

Op, you are literally telling us what we can see and feel, irrespective of the country we are all from, but you didn't even point to one particular thing for discussion.

Sometimes, I wonder if this issue of inflation can be prevented, or even has a permanent solution, because in recent times, the government has made it looked like a normal thing.

In as much as getting a good job or multiple sources of income can help a common man, I think the inflation issue still needs to be addressed. It's better to have a $1 bill, and be able to purchase something that worths a dollar, rather than to have a $5 bill, and be able to purchase something that worths just $3 due to inflation.

Well, there is a "permeant" solution in place if we want to push everyone but that would cause another issue. You can prevent inflation but if preventing inflation causes bigger problems somewhere else, does that really mean that you should? For example, if you really want to prevent inflation, you can start with not printing any money at all, wouldn't that really be a great idea? That would literally stop the inflation growing this high, because if there is finite supply, then the value can't go up that much or down that much.

Whereas, if you do not print anymore, that causes other type of issues, many business' bankrupting, banks collapsing, people failing to make their payments, too many chaos. In that situation, you think you did the right thing by preventing inflation or did you cause even bigger trouble? That's what I would worry and that's why most nations don't do it, because there is nothing that could be benefited from something like this.