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.
the economy of country is changing everyday especially in my country I don't believe that what I saw when I am a little is what I'm seeing right now towards the economic control of my country, from my understanding people who was controlling the economic power of some of the country then there we are doing well more than this present people who is ruling us right away, because our economy has been reducing has been passing through corruption everyday and that is why we continue to have economy problem in our different countries corruption has taken over things that is why countries currently are having different challenges of growth and development, so the economy of our country is determined by the controllers they ruling power of the country
Every country is taking steps to make their economy strong and UK is one from which . UK currency has good worth on International level because they took good steps for the future and their most of the people are educated and that are doing jobs and that are doing their own businesses and they are manufacturing different products and they are selling in different countries and they are not involved in any War and that is the reason their economy is very strong. UK is power currency than dollar because Brics not using Dollar and Dollar is losing reputation on International level.There is good future of UK pounds but USD has no bright future because they took bad steps and involved in Ukraine and Russia War.