Quote from: Dr.Bitcoin_Strange on March 06, 2025, 11:54:08 AM

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

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

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

If they were helping, at least it would have calm the inflation rate a little but it's not, to help doesn't means that when they just say something or put up a new law and in few days they announce that inflation has reduced by x percent but on the next announcement they'll make after then, you will discover that the rate has gone higher than before, that's not help. To help the situation, people should not only rely on one source of income because it probably might not be enough to support all your financial wants and desires.

Every country definitely experiences inflation, because the cause of inflation is increasing demand, increasing production costs, or it could also be due to monetary policies such as printing too much money. However, every country must also overcome all of that so that it is not too severe in economic growth, some countries can overcome inflation but there are some countries that do not overcome inflation so that the price of goods and services increases. Which makes our currency able to buy fewer goods or services than before.

In the last few years I have also realized that in my country, inflation is real and the government is having difficulty dealing with it. In the past, if you ride a motorbike, bringing 8 dollars was enough for one day's needs, but now it's not enough to buy gasoline, parking, buy rice, buy mineral water. Inflation in my country is crazy. If the salary doesn't increase, well, it's bad luck. So to overcome all of that, we can't just rely on one income, we have to hone our skills so that we can find additional income to cover the shortcomings in living life. And of course to overcome inflation, besides living frugally, you need to invest in gold and bitcoin. Because these two assets can fight inflation