When I was young I really didn't understand much about economics but as I gradually grew up and started to inquire about the outside world, I know why I don't see any similarities between my past and present. Maybe the technologies that were not there in the past are there now, but the prices of the things that were very low in the past are now very high. The same amount of money that used to buy fuel oil can't be bought now with the same amount of money. To catch up, if we compare five years ago with today, we see a lot of difference in the price of every thing. If the price of a commodity increases, the price of that commodity does not decrease. When asked or posted on social media why prices of other commodities, including fuel, are rising, the answer is that this is a global problem. I want to know if you are facing this same problem like me?
If you are facing this same problem then what is the solution for this problem.
Or simply you do talk inflation on which this is an inevitable thing on which products and services prices are going up high and this is whats happening in todays world. So whats the solution to this?
Increase your buying power, via means that you do need up to have that other income source on which it will really be that something that you do need up to do and consider out, because if you are really just that staying into the amount that you are earning from your job and the goods or products keeps on increasing then you would definitely be seeing yourself having a huge problem later on. You might not be able to feel it out directly but sooner or later you will really be definitely be having that kind of hardship on budgeting because of shortage or overdropped. So it will really be that on situational basis on how a particular person do made out such action.