Post
Topic
Board Economics
Re: The Basic economic problems of society
by
Mahanton
on 19/04/2025, 13:17:21 UTC
Alternatively, the value of the goods and services can be reduced to bring balance in society. So a lack of wealth or resources is not the only problem that we face, it's usually the high inflation that makes us uncomfortable with what we have, otherwise, if there is no inflation, whatever we have will be enough for us to live our lives without much problems, of course, it won't be a luxurious life, but at least the basic necessities will be fulfilled with no problem at all.

In so many countries nowadays, we see inflation going higher over time, and that is causing a lot of issues for people in lower classes and the reason for that is that they earn minimum wages, and with that, they aren't able to fulfil the basic needs of their household because the value of goods and services is very high and they can't afford everything. This is why, for society to have less economic problems, inflation has to be cut down as the first thing.
The main reason why these are going up at the moment is the fact that when inflation happens, it doesn't cause a lot of problem for rich since they keep getting richer using inflation since they are selling stuff for higher, but the salary workers do not get the same amount of increase on their salary.

A boss has a business where they sell a pen for 1 dollars, and the worker makes a thousand dollars a month, after the boss starts to sell the pen for 2 dollars, does the worker get 2000 dollars as a salary? No, he gets 1500 dollars. This is the reason why inflation doesn't really help with the poor and helps the rich get richer. Using the situation where it could be growing bigger, that would not be a bad situation and we need to end up with a better profit at the moment so we need to start selling too.
Thats how the world works and how the reality do make out such impact specially into those people who are that relying on their monthly paycheck. Do we have a choice? Of course none and we do deal up with this and we cant just that trying out to oppose on what our Boss would be telling because finding up another job is never been easy and thats why whatever those changes they do have but still you would be that still agreeing into those terms and there's nothing we can do about it but to deal up with it because we do know that this is how business works and our boss whether they are that concern with their workers or not but most of the time business owners will be that always targeting for profits and they do have that least concern about on their workers. This is why on the moment that you've realized yourself that you've been that having a hard time in terms of budgeting because of inflation, then this is the time that you do need up to consider on trying out to find for another source of income. Its recommended that you do really need up to find for another source of income rather than on making yourself that sitting idle and making that inflation do gradually eats you up. It all matters about time management because having multiple works will be needing up that kind of management for it to be effective, plus not all things that we do get involved to will be having that positive results on which means that its still having that trial and error until you do find the work on which do fits for you. There are those moments of failures on which there are those who do easily give up and to those who do pursue on making out such changes. Economic problems is something a global problem that could be easily resolved out. Instead on finding yourself that being depending on government aide, its better that you do find your own ways on your own.