One of the most popular words in today’s life is inflation. We can easily say that money creates our life. Financial situation visibly affects our material and spiritual states. Inflation comes to all parts of people daily life; it is mentioned in all spheres from economy to daily house life. When in the world stock companies, investment companies and even banks the shortage of money appeared, it has forced all to stop and think about problems, which have reached our lives.
The prices of oil have made the movement of money in all countries lives. When the price of oil is growing the price of food, goods are growing too. Investment companies are controlling the rate of currency and foreign currency creates the wealth of states.
Several months ago we have heard the news about banks problems in Belgium, Germany and The United States of America. There is no money. Of course, this new has reached everybody differently; because it touched mainly poor countries depended on bigger countries, which have higher economy. However, inflation is a big problem all over the world.
In my opinion, it is easier to talk about inflation from our own experience. Firstly, we have seen changes in costs and prices. Food prices have increased visibly. During all these months all prices are rising and we need more money for our daily products. The prices of gas and oil have risen for a long period, and it influenced all life parts. Secondly, it is visible that people don’t have money for savings, because prices for heating, water and food are taking all salary and there are fewer possibilities to save.
It is necessary to talk about government’s position....
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