When will this rampant inflation stop?

in #leofinance2 years ago

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Every day prices rise in the shops here in the UK right now, im sure its worse in other parts of the world too...What cost £1 last week is now £1.10 - and not only they we have "shrinkflation" where packet sizes are getting smaller - and on top of that, cheaper ingredients are being used! This ends up being a massive reduction in what you get for your money.

Yet wages are pretty stagnant, some company's give a small raise but many are not and we now have a lot of strikes going on. Soon essential services will be not running properly.

Just what will it take to stop all this? Genuine question as I really have no idea.

I know some countries are much worse and trying new things like bitcoin in venezuela.

All I know is my wages are getting more thinly spread by the week.

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It's getting bad over here in the states too, I see no end in site.

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Might be a good time to have some gold and silver stored away some place safe!