Will Inflation Really Become Worse In The Year 2023?

[Riberet19]

Well although in most countries interest rates are being raised to historical levels it seems that the sticky inflation that is the one that counts is not falling, also for now it is not expected that interest rates will fall and the price of oil can shoot up again that is one of the largest exporters of inflation, There are many countries in the world that have double-digit inflation which is alarming, I do not think that in 2023 the situation will improve much.

 

[Good-Person]

Well although in most countries interest rates are being raised to historical levels it seems that the sticky inflation that is the one that counts is not falling, also for now it is not expected that interest rates will fall and the price of oil can shoot up again that is one of the largest exporters of inflation, There are many countries in the world that have double-digit inflation which is alarming, I do not think that in 2023 the situation will improve much.

I think that inflation could be controlled. However, people will need to sacrifice a lot in order to curb inflation. People must stop wasting food and consume less electricity. They should cut fuel expenditure as well.

 

[Riberet19]

I think that inflation could be controlled. However, people will need to sacrifice a lot in order to curb inflation. People must stop wasting food and consume less electricity. They should cut fuel expenditure as well.

You are right, although inflation is a monetary problem and generally because of the banks but there is a part that is generated by demand, families have to reduce expenses because sometimes this situation is very difficult to cope with since there are countries in which I have heard that the inflation rate even exceeds 30%, really crazy.

 

[Heatman]

I also have the same feeling but I hope we are able to cope with the situation of the country no matter how hard things may seem to be. We just have to keep going

If the government of my country are not doing everything possible within their power to be able to correct the adverse effect inflation have in the country, it is going to get so bad that people will find it very difficult to survive here and it's going to cause a lot of chaos for everyone.

 

[Henrywrites]

It has gotten worse and those that are meant to be in control of ensuring that the citizens don't feel the full heat of what is happening careless and only bother about their lifestyle which is strange. Almost the price of everything in this country is increasing daily and I am tired!

 

[Good-Person]

If the government of my country are not doing everything possible within their power to be able to correct the adverse effect inflation have in the country, it is going to get so bad that people will find it very difficult to survive here and it's going to cause a lot of chaos for everyone.

Well, the year 2023 is proving to be one of the worst years, even though the pandemic ended. Almost all the countries were experiencing problems during those times. However, only a few countries have managed to overcome the problems caused by the pandemic. They used cash reserves in order to deal with economical problems and now they are recovering well. This is why some countries did a much better job dealing with issues such as inflation.

 

[Heatman]

It has gotten worse and those that are meant to be in control of ensuring that the citizens don't feel the full heat of what is happening careless and only bother about their lifestyle which is strange. Almost the price of everything in this country is increasing daily and I am tired!

Seriously, it's gotten to the point where some people don't have anything left to complain anymore because the one's in charge which are the government doesn't have any feasible plans on ground to subvert what's happening. Now, we are experiencing increased crime activities.

 

[Henrywrites]

Seriously, it's gotten to the point where some people don't have anything left to complain anymore because the one's in charge which are the government doesn't have any feasible plans on ground to subvert what's happening. Now, we are experiencing increased crime activities.

Those in government are doing everything within their powers to ensure that they ruin lives so that no one will rise up to challenge them. So, what is need to hope that government will do something to help make the lives of citizens to be easier?

 

[Heatman]

Those in government are doing everything within their powers to ensure that they ruin lives so that no one will rise up to challenge them. So, what is need to hope that government will do something to help make the lives of citizens to be easier?

This is the reason why we have seen the military take over power in some African countries because the democratic government have failed over and over again for decades. When the government is not fulfilling their duties, they need to be removed.

 

[Good-Person]

This is the reason why we have seen the military take over power in some African countries because the democratic government have failed over and over again for decades. When the government is not fulfilling their duties, they need to be removed.

Military may take over when the conditions of the country become worse. This is what we call martial law where the military starts governing and controlling the country's administration. Having said that, this has already happened in many countries as of now.

 

[Heatman]

Military may take over when the conditions of the country become worse. This is what we call martial law where the military starts governing and controlling the country's administration. Having said that, this has already happened in many countries as of now.

With my country as the subject matter, we have had the civilian democracy in power for more than 30 years but they have never put one foot right in ruling the country in a good path. This is why the military might be considering taking over. There's been a lot of rumor going on about it but the military have denied it for now.