Quote from: kotajikikox on March 04, 2025, 08:00:33 AM

Quote from: Emejefrank on March 03, 2025, 11:44:31 PM

Do you think Government policies are helping or hurting the situation? Why?

As long as there is still inflation then it means the government is not doing enough. In my country, the government would sometimes try to adjust prices so it would not hurt the consumers as much but in the process they are hurting the sellers as well.

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What strategies have you used to cope with rising price??

There is not much we can do but try to find more side hustles and more sources of income. We need to be a bit more wise in spending but sometimes even if we do not spend luxuriously things are still expensive anyway.

Inflation is a disease that has been suffered by every country since it has adopted paper money. So basically inflation is a package that cannot be avoided and they are only tasked with ensuring that the inflation bubble does not grow. Many countries are destroyed by inflation, the impact on daily expenses of course we can only follow the flow of the government. The increase in the price of goods but not balanced with income, debts accumulate to the central bank and will forever be trapped in the hole of inflation.

There is no special strategy to avoid or minimize price increases, because that is the main task of the government and every policy does not necessarily ensure that the price of goods falls.