Money is losing power in many ways. Just look how the purchasing power of so many people is getting depleted. I think that I flation is the main reason why money is losing power. When inflation increases, money loses its power in the end. What do you think?
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Why money is losing power?
- Thread starter Dinoking
- Start date
I'm just sick of the prices going up on everything in America and the quality going down. Especially with food!
That and the Fed printing money out the wazoo.
I agree. Money loses power when no one has money to keep paying the rich guys up in the government. When people can't make ends meet anymore and lose their homes, they look to the government to give them something back. Politics is very one sided in the US. America isn't a government anymore, it's a corporate business where they hike up prices and screw over the working man.
I do not live in the U.S, but I think that inflation is a global problem. I live in a tier 3 country. The big problem here is that inflation is increasing and salaries/income of people are not high enough to meet the needs of people.
The power of the global currency has been on a decline. And I’m afraid there is not going to be any retrace.
I think that as inflation grows, world currencies will keep losing power. In my country, inflation increases even more when the value of fuel and dollar increase. In case when the value of dollar decreases, infation still keeps growing. Economy is in a serious jeopardy.
It's wild how much more expensive everything has gotten - like I remember when $20 could actually buy a decent amount of groceries, and now it feels like you get a bag and a half for the same money.
But I think there are other factors making it worse too. Wages haven't kept up with the cost of living in most places, so even if inflation was more reasonable, people would still be feeling squeezed. Housing costs especially have just gone completely insane compared to what people earn.
Plus there's all this quantitative easing and money printing that's been happening, which basically dilutes the value of existing money. It's like if you have 10 slices of pizza and suddenly there are 20 people instead of 10 - everyone gets less even though the pizza didn't change.
Asset prices going crazy doesn't help either - stocks, real estate, even crypto for a while - it's like money flows into everything except regular people's paychecks. So the wealthy get wealthier because their assets inflate, but everyone else just sees their cash buying less and less.
It honestly feels like we're in this weird economic period where the rules don't make sense anymore. Like how is everything simultaneously more expensive AND there's supposedly economic growth? The math doesn't add up for regular people.
But I think there are other factors making it worse too. Wages haven't kept up with the cost of living in most places, so even if inflation was more reasonable, people would still be feeling squeezed. Housing costs especially have just gone completely insane compared to what people earn.
Plus there's all this quantitative easing and money printing that's been happening, which basically dilutes the value of existing money. It's like if you have 10 slices of pizza and suddenly there are 20 people instead of 10 - everyone gets less even though the pizza didn't change.
Asset prices going crazy doesn't help either - stocks, real estate, even crypto for a while - it's like money flows into everything except regular people's paychecks. So the wealthy get wealthier because their assets inflate, but everyone else just sees their cash buying less and less.
It honestly feels like we're in this weird economic period where the rules don't make sense anymore. Like how is everything simultaneously more expensive AND there's supposedly economic growth? The math doesn't add up for regular people.
I think money is losing power due to various main reasons. One of them is scarcity of natural resources. Just think about that! As natural resources like gold, oil, silver, gas, etc get depleted, their price will grow in a natural manner. When the prices of such commodities grow, the value of money decreases significantly.
Money is still very powerful but inflation is affecting its value. Yesterday, the food stuffs I bought was two times the amount I bought them last year. I nearly cried. Money is actually available but the value is depleting.
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