Website Hosting for Just 20 ForumCoin ~ Advertise on ForumCoin
52 Life Tips Banner
Questions and discussions related to business, making money online, cryptocurrencies, etc.
Forum rules
Please ensure that all posts contribute positively to the discussion and are quality posts. Any low quality posts will be deleted. Please read "What makes a worthwhile post? before posting. This section is not for questions or topics about Forum Coin and these discussions should instead be posted in our ForumCoin Related Discussions forum. You must not post referral links in this forum.

Re: How hard are you hit with inflation?

Postby Mikelo » 22 Aug 2022, 17:54

My favourite beverages are now filled with air like we are now buying air. :D
  • 0

Mikelo
 
Posts: 509
ForumCoin: 18

Re: How hard are you hit with inflation?

Postby Netherrealmer » 24 Aug 2022, 10:29

I lost motivation to do online shopping because the shipping free increased. It doesnt feel like savings anymore.
  • 0

User avatar
Netherrealmer
Community Moderator
 
Posts: 37,839
Location: Babylon
ForumCoin: 183

Re: How hard are you hit with inflation?

Postby Tendz » 24 Aug 2022, 12:47

Yes, the shipping fee have become insanely high. I have to shop more so that I could get free shipping. It ruins the whole online shopping experience.
  • 0

User avatar
Tendz
 
Posts: 23,106
ForumCoin: 645

Re: How hard are you hit with inflation?

Postby raaman » 24 Aug 2022, 13:30

Pandemic or no pandemic, the cost of everything is increasing, especially in India.
  • 0

raaman
 
Posts: 8,706
ForumCoin: 3,160

Re: How hard are you hit with inflation?

Postby Emmaojo » 24 Aug 2022, 15:35

raaman wrote:Pandemic or no pandemic, the cost of everything is increasing, especially in India.
Definitely inflation is everywhere but I'm still wondering what could have cause this sudden inflation.
  • 0

Emmaojo
 
Posts: 5,210
Referrals: 14
ForumCoin: 105

Re: How hard are you hit with inflation?

Postby Netherrealmer » 25 Aug 2022, 05:16

Emmaojo wrote:Definitely inflation is everywhere but I'm still wondering what could have cause this sudden inflation.




The cause of the inflation is the War in Ukraine. Russia is an Oil producing country while Ukraine is a flour producing country. Two important resource becoming scarce because of the War.
  • 0

User avatar
Netherrealmer
Community Moderator
 
Posts: 37,839
Location: Babylon
ForumCoin: 183

Re: How hard are you hit with inflation?

Postby Emmaojo » 25 Aug 2022, 11:26

Netherrealmer wrote:
Emmaojo wrote:Definitely inflation is everywhere but I'm still wondering what could have cause this sudden inflation.




The cause of the inflation is the War in Ukraine. Russia is an Oil producing country while Ukraine is a flour producing country. Two important resource becoming scarce because of the War.
Oh! I never knew this information. Thanks Netherrealmer!
My country's economy is only relied on oil.
  • 0

Emmaojo
 
Posts: 5,210
Referrals: 14
ForumCoin: 105

Re: How hard are you hit with inflation?

Postby Netherrealmer » 25 Aug 2022, 13:03

If bread is your country's mains staple you could be be affected by the flour shortage too.
  • 0

User avatar
Netherrealmer
Community Moderator
 
Posts: 37,839
Location: Babylon
ForumCoin: 183

Re: How hard are you hit with inflation?

Postby Mikelo » 25 Aug 2022, 13:10

Netherrealmer wrote:If bread is your country's mains staple you could be be affected by the flour shortage too.

Flour products are almost a no go area rn, they kept inflating the price everyday
  • 0

Mikelo
 
Posts: 509
ForumCoin: 18

Re: How hard are you hit with inflation?

Postby junrose123 » 26 Aug 2022, 02:37

I feel really bad with the inflation since our salary is not increasing but the prime commodities is increasing its prices and it is really sad that the government cannot do anything about it since other raw materials are being imported to other places or countries.
  • 0

User avatar
junrose123
 
Posts: 9,225
Referrals: 6
ForumCoin: 20

Re: How hard are you hit with inflation?

Postby augusta » 26 Aug 2022, 05:30

Inflation is still biting hard in my country so we are just hoping for now that things will get better soon. it isn't now at all for low income earners.
  • 0

User avatar
augusta
 
Posts: 20,731
ForumCoin: 13

Re: How hard are you hit with inflation?

Postby Netherrealmer » 28 Aug 2022, 12:43

junrose123 wrote:I feel really bad with the inflation since our salary is not increasing but the prime commodities is increasing its prices and it is really sad that the government cannot do anything about it since other raw materials are being imported to other places or countries.
Well your new president is too busy paying trolls to protect defend him online against critics and he is too busy partying. You had the chance to vote for a President with perfect commission in Audit record and has the best performance as a public servant but people rather believe paid trolls.
  • 0

User avatar
Netherrealmer
Community Moderator
 
Posts: 37,839
Location: Babylon
ForumCoin: 183

Re: How hard are you hit with inflation?

Postby Angie10 » 28 Aug 2022, 13:04

Yes, inflation is biting everywhere you go in the world. Here, I feel it more when we buy fuel and our weekly groceries. We are paying about double what we were paying pre-COVID :roll: I'm just glad that our landlord hasn't decided now would be a good time to hike the rent. You know how they can get! We're all feeling the pinch, so the last thing we need to worry about is the rent going up.
  • 0

User avatar
Angie10
 
Posts: 16,265
Location: Gaborone, Botswana
Referrals: 4
ForumCoin: 4,355

Re: How hard are you hit with inflation?

Postby Vehlijanta » 28 Aug 2022, 13:26

It's hitting hard almost every month and every month we witness increase in the prices of cooking gas and packaged food is so expensive.
  • 0

User avatar
Vehlijanta
 
Posts: 31,888
Location: India
Referrals: 3
ForumCoin: 4,413

Re: How hard are you hit with inflation?

Postby OldGuy » 28 Aug 2022, 16:41

Average Apartment Monthly rent has now topped $2000 in the US. Although there are still many apartments with lower monthly rates, the extreme rates in high rent districts in big cities drive up the averages.

The overall average rent in my own apartment complex is now $950 a month with this year's increases. There are still apartments available in very small communities that go for less than $500 a month, but then you have to calculate the cost of gas just to go anywhere.

According to the US census bureau:

3.8 million renters will likely be evicted in the next two months — why the rental crisis keeps getting worse
https://www.msn.com/en-us/money/realest ... 0311f0eee7

Inflation at its worst? Just how much worse will it get?
  • 1

Please help make ForumCoin friendlier!
viewtopic.php?f=6&t=22964
User avatar
OldGuy
 
Posts: 3,564
Location: North Carolina USA
Referrals: 1
ForumCoin: 313

Re: How hard are you hit with inflation?

Postby Mikelo » 29 Aug 2022, 23:39

I've been wondering if this inflation really have a cap or it will just keep hiking till God knows when :?
  • 0

Mikelo
 
Posts: 509
ForumCoin: 18

Re: How hard are you hit with inflation?

Postby nela13 » 30 Aug 2022, 14:12

Angie10 wrote:Yes, inflation is biting everywhere you go in the world. Here, I feel it more when we buy fuel and our weekly groceries. We are paying about double what we were paying pre-COVID

It is the same here, and it seems it is getting worse each day, this week the fuel price had a huge increase again and in the news they are saying that essential groceries like milk, bread, vegetables, meat, fish ... will have another increase too. It seems that electricity bill will increase too, I think sooner we won't have enough money for the month :(
  • 1

nela13
 
Posts: 24,862
Location: Portugal
Referrals: 4
ForumCoin: 515

Re: How hard are you hit with inflation?

Postby Mikelo » 02 Sep 2022, 15:28

nela13 wrote:
Angie10 wrote:Yes, inflation is biting everywhere you go in the world. Here, I feel it more when we buy fuel and our weekly groceries. We are paying about double what we were paying pre-COVID

It is the same here, and it seems it is getting worse each day, this week the fuel price had a huge increase again and in the news they are saying that essential groceries like milk, bread, vegetables, meat, fish ... will have another increase too. It seems that electricity bill will increase too, I think sooner we won't have enough money for the month :(
cost of living is getting too expensive.
  • 0

Mikelo
 
Posts: 509
ForumCoin: 18

Re: How hard are you hit with inflation?

Postby Angie10 » 02 Sep 2022, 16:44

OldGuy wrote:Average Apartment Monthly rent has now topped $2000 in the US. Although there are still many apartments with lower monthly rates, the extreme rates in high rent districts in big cities drive up the averages.

The overall average rent in my own apartment complex is now $950 a month with this year's increases. There are still apartments available in very small communities that go for less than $500 a month, but then you have to calculate the cost of gas just to go anywhere.

According to the US census bureau:

3.8 million renters will likely be evicted in the next two months — why the rental crisis keeps getting worse
https://www.msn.com/en-us/money/realest ... 0311f0eee7

Inflation at its worst? Just how much worse will it get?



Thanks for this OldGuy. Interestingly, I've been watching a lot of documentaries about America's homeless, and I found it so heartbreaking! In fact, my husband found it so depressing he suggested we give the series a long break - I'm guessing he won't be looking to return to it. And the scary thing is that even employed people are struggling to keep their heads above water. A lot of people around the world are feeling the pinch.
  • 0

User avatar
Angie10
 
Posts: 16,265
Location: Gaborone, Botswana
Referrals: 4
ForumCoin: 4,355

Re: How hard are you hit with inflation?

Postby Netherrealmer » 06 Sep 2022, 16:59

There is a price hike with Condom prices. I should have panicked bought before the inflation. :cry: This will cause a population increase.
  • 0

User avatar
Netherrealmer
Community Moderator
 
Posts: 37,839
Location: Babylon
ForumCoin: 183

PreviousNext


Your Ad Here.

Return to Business, Money & Wealth - BMW Forum



Who is online

Users browsing this forum: Apple [Bot], Claude [Bot], eldavis, Google [Bot], Yandex [Bot] and 6 guests

Reputation System ©'