We all do want to achive a lot of things in our life but there are so many factors that do matter if we will be able to achieve that or not. Maybe you are saying or investing your money and after a year you did realize that you can't even beat the inflation rates then the investment will be not worth it. If we do realize that the investment is noticing that much profit then I am sure we do try to try something else if you are gonna invest for the long term then you can deal with the small up and down, but if you are investing for a small term than things can be hard for you. There are so many factors did work in increasing or decreasing the inflation rates per month. But all have seen and noticed that the Russia and Ukraine war is affecting the global economy all around the world not sure when this is all gonna end but it will gonna end soon. Nothing can be permanent, Not sure what all the politicians are thinking/ planning to do we will see if anything big will happen figures cross. I hope and wish the war will end soon.
Made Via Canva
The inflation rates are gonna make a big effect on the common people's pocket the thing is simply the government will increase the
the interest rate is what the government too most of the time.
If you are on the list of common people then life can be a little harsh for you if the inflation rates are increasing in your court as well.
This statement given by well-known investor Warren Buffett years ago is still being reminded again and again that inflation is the cruelest tax imposed on the common people.
And this indeed applies till now, the rich people don't get affected that much by this but the common people's income is fixed (mostly) it is really hard to manage if the rates of daily use things will increase this fast. This is not a good sign I am sure the government and other intelligent people who are dealing with all these things are well educated and they all do have experience to deal with these types of things but still, this is not good. You can see the inflation rates of May 2023 If you are in the top list then that is not really good news for you. what 104 % this is really insane number. The rate of 100 will be 204 which is not good.
Why Argentina’s Inflation Is Almost 100%
https://twitter.com/stats_feed/status/1654462430225870850
- stats_feed
you can look over the original Twitter from here
If the rates will increase that is gonna affect the common people and the is obvious and slowly that is gonna affect the whole economy, if popple will spend their money very wisely then how government and other combines are gonna earn from them. Slowly the price of the item is increasing yearly and can't even do anything about that we just have to accept it.
But here are ways by which we can beat the inflation rate, not the rate like Argentina but you can cover up more than 10 % in a year.
These are my thoughts on the topic what do you think?
see you in the next post, till then keep learning and keep exploring...
My splinterlands referral
My Golem Overlord referral
few posts from my past that might be helpful for you.
wish me luck 😅
Thanks a lot for staying till the end 😃🙏, let me know what you think.
Never forget one thing you should be grateful for because what you have someone has a dream of that. So learn to be grateful. Be Thankful.🙏😀
Thanks a lot for being here, let me know what you think.
|
|
|
|
|
Thanks & Regards
