Inflation Kicking

@HaruLoid (1588)
Philippines
June 21, 2024 10:42pm CST
My colleagues and I were talking yesterday about costs rising up. We all seriously agreed that today's 1,000 feels like a 100 only. You can barely buy anything with it unlike before.
2 people like this
4 responses
Kayla Tsukino
@kaylachan (71762)
• Daytona Beach, Florida
22 Jun
Sad to say, it's the same around here, too. My friend was talking about how she's expected to get anywhere between 15k-20k in a settlement from a car accident she was in a little over a year ago. That's a lot for someone like her, not used to seeing a lot of money, but it will go fast and is a drop in the bucket in today's cost of living. My anual parmaont plus subscription is going up, and so much more. It's amazing how much changes year after year.
1 person likes this
May Day
@HaruLoid (1588)
• Philippines
26 Jun
The changes as to the cost of living is no longer annually but more like a monthly to daily kind of thing. The prices keep on changing especially with the fuel.
1 person likes this
Kayla Tsukino
@kaylachan (71762)
• Daytona Beach, Florida
26 Jun
@HaruLoid That's not anything new. Some prices will change anually, while others can change monthly or daily depending on what it is. In the U.S. the cost of fuel is based on the cost of oil.
1 person likes this
May Day
@HaruLoid (1588)
• Philippines
26 Jun
@kaylachan It's quite new to us here. Change of cost usually happens annually. When the war started between Russia and Ukraine, it was only then that we get change of cost either monthly or daily.
1 person likes this
Jim Bauer
@porwest (92588)
• United States
22 Jun
It isn't going away either. The one thing people tend to miss about inflation is that it has already happened, meaning, the prices likely won't go down. All we can hope for is that when things slow down, our wages can eventually catch up.
1 person likes this
Jim Bauer
@porwest (92588)
• United States
28 Jun
@HaruLoid The employers have to make the profits to justify pay raises. They can't just hand money out to people. Not the way it works. And the employers are dealing with the same inflation everyone else is. lol
1 person likes this
May Day
@HaruLoid (1588)
• Philippines
2 Jul
@porwest There needs to be a balance on everything.
1 person likes this
May Day
@HaruLoid (1588)
• Philippines
26 Jun
The sad thing about this is that the government is to slow to act on the effects of inflation, and if the government doesn't act on it, the employers' won't really care about it.
1 person likes this
J.N.R Dutton
@jnrdutton (3183)
• United States
22 Jun
Seems prices are surging everywhere, unfortunately.
1 person likes this
May Day
@HaruLoid (1588)
• Philippines
26 Jun
Just made everything too difficult.
1 person likes this
Zhang jing xuan
@zhangxueying (3339)
• China
22 Jun
Yes, it's also very serious here
1 person likes this
May Day
@HaruLoid (1588)
• Philippines
26 Jun
Made it very difficult for many of us to adjust.