Post
Topic
Board Economics
Re: Will economic conditions worsen in the future?
by
summonerrk
on 26/03/2025, 13:58:54 UTC
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.

Yes, of course, everything in the world is becoming more expensive and it depends on the level of the country. How quickly the prices in the stores will be squeezed and how quickly the salaries will grow.
However, you can benefit where there is high inflation, for example, when earning money which is the state currency for work, you can put it in a dollar account and being in the dollar equivalent they will be saved.
Also, if you take out loans, it will be fixed in your national currency, while with the growth of inflation and salaries, repaying this loan will become easier and easier for you.