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Further Discussions => Economics , Sociology & Politics => Topic started by: Youngkhngdiddy on December 18, 2023, 01:07:24 PM

Title: Cost of living
Post by: Youngkhngdiddy on December 18, 2023, 01:07:24 PM
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
Title: Re: Cost of living
Post by: Jokers on December 18, 2023, 01:12:18 PM
for this country

This country? Dude, you are on the forum on which people from all around the world. And everyone can think their way about which country is "this". ;D
Title: Re: Cost of living
Post by: xSkylarx on December 18, 2023, 06:46:50 PM
If I am not mistaken you are pointing out to the government that they are not taking action on food and other necessities prices are going up, and they aren't helping us. Also I'm not really sure what place you are referring to but I will just generalize it because mostly we have a common perspective in government, with which I agree and disagree because the government is doing their stuff but we can't see it but at the same time we need to take care of ourselves and not rely on them as we get starved. Instead of wasting our time mocking the government, let's find another opportunity to earn money rather than just keep monitoring the government's next move.
Title: Re: Cost of living
Post by: DabsPoorVersion on December 22, 2023, 01:14:53 PM
If I am not mistaken you are pointing out to the government that they are not taking action on food and other necessities prices are going up, and they aren't helping us. Also I'm not really sure what place you are referring to but I will just generalize it because mostly we have a common perspective in government, with which I agree and disagree because the government is doing their stuff but we can't see it but at the same time we need to take care of ourselves and not rely on them as we get starved. Instead of wasting our time mocking the government, let's find another opportunity to earn money rather than just keep monitoring the government's next move.
I do agree with you. Here in our country, many people disagree with the decision of the government because they do not see any improvement in their lives. These kind of individuals rely on the government to take action instead of taking the initiative themselves. This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.
Title: Re: Cost of living
Post by: SamReomo on December 22, 2023, 01:25:22 PM
This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.
I think you're right, the ones who depend on governments often become lazy and they don't put any effort to earn a living for themselves and for their families. People in some countries prefer to work as a government servant and they proudly say that they're working for the government.

I believe that a person should not rely on government to look after his/her daily expenses. A person should be at least self-sufficient enough to earn bread and butter for his family and for himself. Someone who's doing that won't have to worry even if he gets no money from government.
Title: Re: Cost of living
Post by: Tribalchief on December 22, 2023, 05:18:29 PM
This country? Dude, you are on the forum on which people from all around the world. And everyone can think their way about which country is "this". ;D
This really got me laughing, because this ought to be posted on a local board (Nigeria), because he/she is writing from the Nigeria perspective. Or if he/she insist on posting it here, then there should be a need for identifying the country.
Title: Re: Cost of living
Post by: Tribalchief on December 22, 2023, 05:21:58 PM
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
The plain truth is that: Nothing can be done about the whole situation. Kindly transfer similar discussion to the local board(Nigeria) for further discussions.
Title: Re: Cost of living
Post by: DabsPoorVersion on December 23, 2023, 12:30:04 PM
This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.
I think you're right, the ones who depend on governments often become lazy and they don't put any effort to earn a living for themselves and for their families. People in some countries prefer to work as a government servant and they proudly say that they're working for the government.

I believe that a person should not rely on government to look after his/her daily expenses. A person should be at least self-sufficient enough to earn bread and butter for his family and for himself. Someone who's doing that won't have to worry even if he gets no money from government.
Yes, no one should rely on the government. Everyone needs to work hard and provide for themselves. However, due to the recent pandemic that has affected people around the world, some individuals have become reliant on the government to support them financially until they can recover from the damage caused by the pandemic. It seems unfair when these same individuals appear to be unaffected by the pandemic and continue to live their lives as usual on social media. They should not rely on the government to provide for them unless they truly need the support.
Title: Re: Cost of living
Post by: JoyMarsha on January 01, 2024, 09:05:37 PM
No one should be dependent on the government in a nation like ours. Everyone needs to be self-sufficient financially.

In terms of financial capacity, you can operate a small business or develop content from the comfort of your home. We don't need to rely on our country's leaders because they have let us down.
Tears roll down my cheeks as I consider this country's current state; the cost of living is rising daily.   A pleasant supper is quite difficult to afford, especially in a home with children, as many people are on the streets daily looking for bread. We cannot fold our hands when we sit. Let's get ourselves employed.
Title: Re: Cost of living
Post by: DrBeer on January 05, 2024, 11:13:48 AM
Unfortunately, there's another problem that people can't understand. Many people believe that the state should provide a beautiful, nourished and rich life for a person. But this shows that people do not understand how the state works.
Let's take the simplest question - where does the state get money to provide a minimum acceptable standard of living for socially unprotected citizens?
1. from taxes?
2. Will it print money?
3. Borrow money from another country ?

The correct answer is item 1.
Where do taxes come from ? Correct - from the contributions of those who work. And if the majority of the population does not want to work hard and look for a job or create a business - there will be no taxes ! And so there will be no pensions, social medicine, education, and other things that the state pays for. Therefore, the right way is not to let the state do steps 2 and 3, and personally make every effort to either find a job or create a business - and give others a job.  There are also additional rules - not to spend money on unnecessary things, even if you want to, to consume responsibly, to help your loved ones,....
Title: Re: Cost of living
Post by: hugeblack on January 06, 2024, 09:53:07 AM
Let's take the simplest question - where does the state get money to provide a minimum acceptable standard of living for socially unprotected citizens?
1. from taxes?
2. Will it print money?
Not all countries get money from taxes. There is money they get from selling oil and gas, money they get from customs, money from sovereign wealth funds (as an alternative to borrowing from the World Bank and the IMF), in addition to some intellectual property rights and the sale of air and sea areas. The citizen is not the government's first item, but he is an important source of its revenue. If the government is managing its economic conditions well, taxes should not represent more than 25% of the citizens' total expenditures.
Title: Re: Cost of living
Post by: DrBeer on January 06, 2024, 11:27:36 AM
Let's take the simplest question - where does the state get money to provide a minimum acceptable standard of living for socially unprotected citizens?
1. from taxes?
2. Will it print money?
Not all countries get money from taxes. There is money they get from selling oil and gas, money they get from customs, money from sovereign wealth funds (as an alternative to borrowing from the World Bank and the IMF), in addition to some intellectual property rights and the sale of air and sea areas. The citizen is not the government's first item, but he is an important source of its revenue. If the government is managing its economic conditions well, taxes should not represent more than 25% of the citizens' total expenditures.

At the same time, it is tax revenues from oil sales, for example, that fill the budget. And only a few examples exist, when the entire amount from the sale goes to the budget and then goes to the implementation of social programs.
In 95% of countries - it is taxes that form the state budget.

The size of taxes is a delicate issue, and there are no ideal recommendations. But we should remember:
- lower taxes=lower state revenues=lower social programs for the population=higher expenditures of the population to provide their basic needs.
- Higher taxes=higher state revenues=higher social norms and living standards.

Therefore, each country is looking for its own "balance" taking into account many factors, peculiarities, economy, private business.....
Title: Re: Cost of living
Post by: Dr.Bitcoin_Strange on January 09, 2024, 10:38:14 PM
Well, sorry if things really got out of hand, but you must know that some people in some low-income countries are also facing the same issues. What you have to do in order to minimize costs for yourself is to always have a budget for your spending. If you also have some free land space in your place of residence, you can set up a small garden and grow some vegetables, which you will no longer need to purchase from the market. In the compound where I live in the city, there is a small space, so what I did was plant pepper in a plastic bag. I also planted okra, ginger, and garlic in a plastic bag. I don't usually buy pepper all the time because I can just harvest from the one I planted.
Title: Re: Cost of living
Post by: EluguHcman on January 10, 2024, 07:51:56 AM
The governances of nowadays are becoming Wilder and the masses are left with no choice to adapt to the harden situations it brings.
The economic projections of the nation is gradually depreciating whereas the welfares of the masses are no more termed priority while the leaders are consciencelessly feeding fats on the public funds while the masses are crumbling disasterously even while there are revenues enough to ease the massive economic rupt. 
Title: Re: Cost of living
Post by: Unbunplease on January 10, 2024, 03:38:07 PM
The governances of nowadays are becoming Wilder and the masses are left with no choice to adapt to the harden situations it brings.
The economic projections of the nation is gradually depreciating whereas the welfares of the masses are no more termed priority while the leaders are consciencelessly feeding fats on the public funds while the masses are crumbling disasterously even while there are revenues enough to ease the massive economic rupt.

When a person comes into a system, he becomes a hostage to that system. If he tries to go against the system, the system will reject or destroy him. So there is no choice here - either go with the flow, or simply do not enter this river
Title: Re: Cost of living
Post by: Evgenklm on January 10, 2024, 06:09:23 PM
Unfortunately, economic difficulties in countries are the main problem for the population and the common man. People are too dependent on the country’s economy, if the country has a weak economy, then the standard of living for the citizen is correspondingly appropriate, and as you correctly noted, the leadership does not help in any way in most cases. It also happens that despite the presence of significant resources, a country cannot extract maximum benefit from them due to insufficient attention to the development of their use. The government's selfish attitude towards the needs of citizens makes the situation worse.
Title: Re: Cost of living
Post by: Sim_card on January 11, 2024, 05:06:55 PM
Unfortunately, there's another problem that people can't understand. Many people believe that the state should provide a beautiful, nourished and rich life for a person. But this shows that people do not understand how the state works.
Let's take the simplest question - where does the state get money to provide a minimum acceptable standard of living for socially unprotected citizens?
1. from taxes?
2. Will it print money?
3. Borrow money from another country ?

The correct answer is item 1.
A lot of countries are endowed with natural resources which the government should use to take care of the citizens, and I have seen some countries that uses oil and gas as their major means of getting funds for the country. Suadi Arabia, Qatar are oil producing countries and that is what they live on. However, when your government is careless and self centered i.e they don't take care of their citizens, the citizens should also look for a means to take care of themselves by learning skills and also look for a means of survival rather than waiting for the government and lamenting. It used to be before that government provides job for its citizens but right now in my country it is the opposite. Citizens provides job for themselves so that they can become independent. Let's not put all the blame on the government but also help ourselves out from poverty and hardship.
Title: Re: Cost of living
Post by: DrBeer on January 16, 2024, 12:33:46 AM
Unfortunately, there's another problem that people can't understand. Many people believe that the state should provide a beautiful, nourished and rich life for a person. But this shows that people do not understand how the state works.
Let's take the simplest question - where does the state get money to provide a minimum acceptable standard of living for socially unprotected citizens?
1. from taxes?
2. Will it print money?
3. Borrow money from another country ?

The correct answer is item 1.
A lot of countries are endowed with natural resources which the government should use to take care of the citizens, and I have seen some countries that uses oil and gas as their major means of getting funds for the country. Suadi Arabia, Qatar are oil producing countries and that is what they live on. However, when your government is careless and self centered i.e they don't take care of their citizens, the citizens should also look for a means to take care of themselves by learning skills and also look for a means of survival rather than waiting for the government and lamenting. It used to be before that government provides job for its citizens but right now in my country it is the opposite. Citizens provides job for themselves so that they can become independent. Let's not put all the blame on the government but also help ourselves out from poverty and hardship.

If we talk about resources, there are many examples in the modern world that say:
- you have resources, you have a reasonable government, your population lives well (for example, the UAE)
- you have resources, you have a corrupt/stupid/kleptomaniac government, people live unhappy (for example Russia)
- you have no resources, you have a reasonable government, you have a high-quality economy, your population lives well (for example, Singapore)
- you have no resources, you have a corrupt/stupid/kleptomaniac government, people live miserable (for example North Korea)

So I will say - the presence or absence of resources is not an indicator of the quality of life of the population.
But it is the work of the government, the state system that is an indicator of how citizens will live and what they will do - create and enjoy a quality life, or survive and suffer.
Title: Re: Cost of living
Post by: $crypto$ on January 16, 2024, 04:32:27 PM
Unfortunately, economic difficulties in countries are the main problem for the population and the common man. People are too dependent on the country’s economy, if the country has a weak economy, then the standard of living for the citizen is correspondingly appropriate, and as you correctly noted, the leadership does not help in any way in most cases. It also happens that despite the presence of significant resources, a country cannot extract maximum benefit from them due to insufficient attention to the development of their use. The government's selfish attitude towards the needs of citizens makes the situation worse.
Government and society are two things that cannot be separated from each other, they must be sustainable to make the economy better, because the measure is when the poverty rate in a country is high, then it affects the country as well. The government plays an important role in this, because they can grow the economy through the policies they make. The community must also participate in helping, because they are the forefront in carrying it out.

But the problem now is that many policy makers side with certain people who have personal interests that will benefit themselves, sometimes many policies are actually detrimental to their citizens. Yes, now I see that the rich are getting richer, and the poor are getting poorer.
Title: Re: Cost of living
Post by: Uruhara on January 18, 2024, 04:47:00 PM
The root of the problems that occur in every country is actually quite the same, namely in mismanagement of the state budget and resources and rampant corruption. These two things are two things that have a huge impact on the welfare of a country. If a country has been able to manage the country's natural resources well but in government there are still many corrupt practices, then this will only cause disadvantage to lower parties. In this case, the bottom party is the community. Inflation actually occurs because of this. External factors such as pandemics and war also have a big influence. But out there there are also countries that went bankrupt even before the pandemic and war occurred. Well, everything happens due to incompetence in managing state resources, be it budget, income, nature and so on. So this is where the importance of a fair leader. Unfortunately it is not easy to find it nowadays.
Title: Re: Cost of living
Post by: Gurujebs on January 18, 2024, 05:01:33 PM
Unfortunately, economic difficulties in countries are the main problem for the population and the common man. People are too dependent on the country’s economy, if the country has a weak economy, then the standard of living for the citizen is correspondingly appropriate, and as you correctly noted, the leadership does not help in any way in most cases. It also happens that despite the presence of significant resources, a country cannot extract maximum benefit from them due to insufficient attention to the development of their use. The government's selfish attitude towards the needs of citizens makes the situation worse.

No matter the population of a country, if they don't have resources and manage it well, the economy will never progress. Our leaders are the main cause of the reason why things aren't going well for the country. They are so corrupt and when they see a single opportunity, they use it to loot  and do what they want to do and when you think you have seen the worse, the next leadership will even be poor than the previous one and the circle of corruption will continue forever.

If the government manage inflation very well, even with a limited resources if the people work hard to increased their production, they will do well. They just need to find a better thing they are good at, like agriculture, mining of mineral resources, petroleum, steel production and many more to ease the stress of cost.
Title: Re: Cost of living
Post by: SamReomo on January 19, 2024, 06:47:13 AM
Yes, no one should rely on the government. Everyone needs to work hard and provide for themselves. However, due to the recent pandemic that has affected people around the world, some individuals have become reliant on the government to support them financially until they can recover from the damage caused by the pandemic.
Many people have recovered from the damages that were caused by the pandemic but they don't really know where to start their businesses again as pandemic has destroyed many people's businesses and a few of them became so lazy because of that pandemic.

Some people who have become jobless due to the pandemic aren't sure what to do now and that's why they want a simple government based job that would fulfill their daily needs. The hard working people can still choose to earn from social media and other online sources but they aren't a lot in number.

The majority of the public is still not sure how to earn money from their own personal blogs, social media accounts, and other social media platforms. And, in fact everyone can't earn online that's also true. Some people still have to find a physical job to do and those people always prefer to have a government job instead of doing physical labor.
Title: Re: Cost of living
Post by: Bodhi2021 on January 20, 2024, 09:56:26 PM
Smiles! Cost of living, This is actually what everyone is facing now due to instability and increase in inflation rate in the country, but we can still earn a good living by not just depending on the government but rather we should start up a small business to sustain a living. By doing so I believe live will smile at your door step and not being in Agony of sorrow about the Economy.
Title: Re: Cost of living
Post by: DrBeer on January 22, 2024, 05:40:16 PM
"...so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect."

Question, it certainly smells a little bit of politics, but still - if your government does not care about the population, which by the way elected this government, and the population suffers at the hands and actions of its "elected", why is not raised the issue of distrust of the government ? The next step - either the government (president, parliament, .... ) must accept the claims of the population of the country and:
- propose a way out of the situation and a plan of action
- or leave office in order to be taken over by more decent and responsible people who will correct the situation in the country and improve the life of the population.
Title: Re: Cost of living
Post by: Gormicsta on January 23, 2024, 03:03:06 AM
Cost of living can be easier or harder depending what you do for a living although the society now it's very difficult to live but it's also depends the neighborhood we live in so we need to consider the cost of things.
Title: Re: Cost of living
Post by: Uruhara on January 23, 2024, 03:32:50 AM
"...so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect."

Question, it certainly smells a little bit of politics, but still - if your government does not care about the population, which by the way elected this government, and the population suffers at the hands and actions of its "elected", why is not raised the issue of distrust of the government ? The next step - either the government (president, parliament, .... ) must accept the claims of the population of the country and:
- propose a way out of the situation and a plan of action
- or leave office in order to be taken over by more decent and responsible people who will correct the situation in the country and improve the life of the population.
Yes, that's right, friend. This is why a democratic system should be used where people can freely speak and raise every aspiration and criticism along with suggestions to the existing government.

And indeed the government must pay more attention to its people. Because they are elected by the community to protect the community and manage the country to make the community more prosperous. Because after all, the government is actually a servant of the community. It's just that they are entrusted with managing the country's wealth so that it can be used better and the final results must still be in the interests of the state and society and not for personal interests. Personal interests that are not in accordance with the rules will only lead to the growth of worse corruption.
Title: Re: Cost of living
Post by: DrBeer on January 23, 2024, 07:50:25 AM
Unfortunately, economic difficulties in countries are the main problem for the population and the common man. People are too dependent on the country’s economy, if the country has a weak economy, then the standard of living for the citizen is correspondingly appropriate, and as you correctly noted, the leadership does not help in any way in most cases. It also happens that despite the presence of significant resources, a country cannot extract maximum benefit from them due to insufficient attention to the development of their use. The government's selfish attitude towards the needs of citizens makes the situation worse.

No matter the population of a country, if they don't have resources and manage it well, the economy will never progress. Our leaders are the main cause of the reason why things aren't going well for the country. They are so corrupt and when they see a single opportunity, they use it to loot  and do what they want to do and when you think you have seen the worse, the next leadership will even be poor than the previous one and the circle of corruption will continue forever.

If the government manage inflation very well, even with a limited resources if the people work hard to increased their production, they will do well. They just need to find a better thing they are good at, like agriculture, mining of mineral resources, petroleum, steel production and many more to ease the stress of cost.


I beg to disagree with you. There are plenty of examples of countries with good economies but lacking resources. And vice versa - there are countries with huge resources, but the economy is degrading and a huge part of the population lives in poverty.

For the first example, I can cite Singapore, Switzerland, Japan.... I could go on and on. Economy is not about resources. Economics is about management, planning, and production of competitive goods and services with high added value and a large market. This is very much simplified :)
Title: Re: Cost of living
Post by: Martyns on January 24, 2024, 06:43:55 PM
The cost of our living (individual) depends on the way we plan our self, family, and society at large, this means that the various way in which we plan our individual lives is also the way we plan or run our organisation. if we as an individual or a society can plan our life in a batter way, its also means that we can plan the society well to reduce the level or rate of hardship in our society and countries.managing our individual life helps us to reduce the cost of our living. In a case whereby the society or country standard seems to be difficult its certainly means that the citizen of that particular country is definitively going to experience a high standard of living. for an individual to go through low level of living it certainly means that the economic standard of that country is not favorable,therefore the government is meant to provide, to its citizen a good and comfortable standard of living in order to reduce the rate of crime and suicide committed  in various society and as well our countries. It is now notice that most of the criminal act carried out by countries today is being cost by our leaders as a result of bad governance. some economic system set by the government hots the citizens due to the fact that its not good and favorable thus enable Individual to plan their live base on the economic system of the government or country in which they live in.         
Title: Re: Cost of living
Post by: Perfect540 on January 25, 2024, 11:07:47 AM
My standard of living in Bangladesh has increased so much that it has become very difficult to live on a daily basis with my daily income.  It will be very difficult to live normally in our country due to the way the prices of daily necessities are increasing in my country.  Moreover, inflation has increased so much in our country that generally the prices of goods are increasing unbridled due to this inflation rate.
Title: Re: Cost of living
Post by: DrBeer on January 25, 2024, 11:19:12 AM
My standard of living in Bangladesh has increased so much that it has become very difficult to live on a daily basis with my daily income.  It will be very difficult to live normally in our country due to the way the prices of daily necessities are increasing in my country.  Moreover, inflation has increased so much in our country that generally the prices of goods are increasing unbridled due to this inflation rate.

The only available and conventionally simple solution, for you, but not for the whole country, is to find a job, including remote work, where the payment will be made:
- in stable currencies (dollar, euro)
- in cryptocurrency, e.g. in USDT stablecoins

This way will level out the problem of strong inflation - in your country the price of living increases in local currency, but actually does not increase, for example in dollar equivalent.
Dollar/Euro/USDT conversion costs are not so high as to have a noticeable impact on your income.

However, it is not worth converting all your income into local currency at once
Title: Re: Cost of living
Post by: 0t3p0t on January 30, 2024, 03:16:10 PM
~snip
I agree with the statement. In our country, many people oppose the government's decisions simply because they do not see any improvement in their daily lives. These individuals rely on the government to take action instead of taking the initiative themselves. This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.
+1 here as cash assistance is rampant in our country and was politized by some public servants. Those beneficiaries see this as an opportunity as a cash cow so they can rely on it. They are even vocal about some delay but the thing is, they become too dependent though not all but most of them are getting upset if the financial assistance is given late and the like. That is why these kind of people don't try to stand on their own feet because of this dependency.
Title: Re: Cost of living
Post by: DrBeer on January 30, 2024, 10:18:54 PM
If I am not mistaken you are pointing out to the government that they are not taking action on food and other necessities prices are going up, and they aren't helping us. Also I'm not really sure what place you are referring to but I will just generalize it because mostly we have a common perspective in government, with which I agree and disagree because the government is doing their stuff but we can't see it but at the same time we need to take care of ourselves and not rely on them as we get starved. Instead of wasting our time mocking the government, let's find another opportunity to earn money rather than just keep monitoring the government's next move.
I agree with the statement. In our country, many people oppose the government's decisions simply because they do not see any improvement in their daily lives. These individuals rely on the government to take action instead of taking the initiative themselves. This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.

This is one of the biggest problems and misconceptions of the people - the hope that the state will support them and give them everything they need. People think that the government should print and distribute money so that they can live well without any effort. But that's not how economics works ! Economy is not about printing money, economy is about a reasonable government that creates comfortable conditions for business development, business is about efficiency and taxes, and only when all parts are effective and mutually beneficial - it is possible to fill the budget and form a quality social policy - assistance and provision of low-income people - people with disabilities, pensioners and other social groups that can not fully provide for themselves. But often we have a different picture - corruption and theft in government, business that does not pay taxes - a vicious circle. Well, the population also has its hand in this problem - they choose slogans and populists rather than reformers and effective state management, because in a difficult economic situation it is necessary to take very unpopular measures.
Title: Re: Cost of living
Post by: Sokani on January 31, 2024, 12:40:38 PM
I really had a good laugh while going through this post. Don't know what op was thinking when he posted here because most persons here will not be able to understand what he's saying. This is "pidgin language" and this post is supposed to be on the Nigerian local board.

Back to the topic. High cost of living is caused by inflation, which is a global phenomenon. According to statista1, inflation rate in Nigeria is on exponential rise from 2019 to 2023, and the government has not been able to come up with good policies to combat it.

1. https://www.statista.com/statistics/383132/inflation-rate-in-nigeria/
Title: Re: Cost of living
Post by: Martyns on February 02, 2024, 11:45:42 PM
cost of living has to do with a certain amount that  is needed  to sustain a certain standard of living in a particular country as well as region. Cost of living has to do with expenses which involved,  utilities, transportation, housing,  Healthcare, taxes,  entertainment and education.  different countries in the world has their own standard of living (cost of living).  it is very essential and importance note that cost of living calculations are average and are lays on personal  circumstances choice of lifestyle.
Title: Re: Cost of living
Post by: ajiz138 on February 10, 2024, 03:30:54 PM
I agree with the statement. In our country, many people oppose the government's decisions simply because they do not see any improvement in their daily lives. These individuals rely on the government to take action instead of taking the initiative themselves. This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.
+1 here as cash assistance is rampant in our country and was politized by some public servants. Those beneficiaries see this as an opportunity as a cash cow so they can rely on it. They are even vocal about some delay but the thing is, they become too dependent though not all but most of them are getting upset if the financial assistance is given late and the like. That is why these kind of people don't try to stand on their own feet because of this dependency.
This is because at the beginning there is something wrong, people below the poverty line will depend on government assistance because from the beginning they are used to it. the government should give them fishing rods instead of directly giving them fish, I'm sure I don't need to explain because surely everyone understands.

Something that is wrong will produce something that is wrong too. Maybe the government should consider more when they want to provide assistance and the like. Maybe direct aid is also good, but they should also look and try to consider, so that later it can solve the problem from the grassroots.
Title: Re: Cost of living
Post by: DrBeer on February 12, 2024, 10:06:39 AM
I agree with the statement. In our country, many people oppose the government's decisions simply because they do not see any improvement in their daily lives. These individuals rely on the government to take action instead of taking the initiative themselves. This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.
+1 here as cash assistance is rampant in our country and was politized by some public servants. Those beneficiaries see this as an opportunity as a cash cow so they can rely on it. They are even vocal about some delay but the thing is, they become too dependent though not all but most of them are getting upset if the financial assistance is given late and the like. That is why these kind of people don't try to stand on their own feet because of this dependency.
This is because at the beginning there is something wrong, people below the poverty line will depend on government assistance because from the beginning they are used to it. the government should give them fishing rods instead of directly giving them fish, I'm sure I don't need to explain because surely everyone understands.

Something that is wrong will produce something that is wrong too. Maybe the government should consider more when they want to provide assistance and the like. Maybe direct aid is also good, but they should also look and try to consider, so that later it can solve the problem from the grassroots.

You are very correct in voicing the solution. But there are a few nuances....
On the one hand, it is indeed the most correct solution, on the other hand..... On the other hand, there's the human factor:
- the population is used to doing nothing and getting the minimum necessary content.
- the government and international organizations are used to systemic corruption and live at the expense of the fact that in some countries the picture of "huge social problem of the population, hunger,..." is deliberately maintained.
It sounds very disgusting - but it is international corruption at the level of local governments and world institutions and organizations that are causing it, solely for their own well-being....
Title: Re: Cost of living
Post by: Mr. Allcrypto on February 13, 2024, 07:41:55 AM
The cost of living in Nigeria as of today is very high, and I agree with your post and also I just talked about inflation recently in the forum, due to the economy we are in now, the high cost of living is due to the inflation rate in our country. And the solution to the problem is is the government will take right actions to work things out so that our currency can have more economic value in the exchange rate.
Also our citizens should work hard, and not fully dependent on the government for everything, and that is where I also speak about entrepreneurship earlier in the forum, you guys can also check my post and talk about your own point of views.

Funfact!!  If we country better na all of us nai go jolly ooo😉
Title: Re: Cost of living
Post by: ajiz138 on February 13, 2024, 04:58:24 PM
This is because at the beginning there is something wrong, people below the poverty line will depend on government assistance because from the beginning they are used to it. the government should give them fishing rods instead of directly giving them fish, I'm sure I don't need to explain because surely everyone understands.

Something that is wrong will produce something that is wrong too. Maybe the government should consider more when they want to provide assistance and the like. Maybe direct aid is also good, but they should also look and try to consider, so that later it can solve the problem from the grassroots.

You are very correct in voicing the solution. But there are a few nuances....
On the one hand, it is indeed the most correct solution, on the other hand..... On the other hand, there's the human factor:
- the population is used to doing nothing and getting the minimum necessary content.
- the government and international organizations are used to systemic corruption and live at the expense of the fact that in some countries the picture of "huge social problem of the population, hunger,..." is deliberately maintained.
It sounds very disgusting - but it is international corruption at the level of local governments and world institutions and organizations that are causing it, solely for their own well-being....
Now corruption is also one of the problems that must be resolved if you want to reduce poverty. I am sure that for direct assistance there are still many people who do not deliver it according to what it should be. Indeed, the assistance reaches the community, but do they really not cut the budget for themselves?

What is often found is cost overruns, they work with distributors or producers. And one more thing, is the assistance really right on target? That is often the case, so it does slow down poverty reduction.
Title: Re: Cost of living
Post by: Dr.Bitcoin_Strange on February 17, 2024, 06:52:14 PM
I don't really know the country you're from and referring to, but I'll agree with you because inflation and bad governance has proven to be a global pandemic that's been eating deep into the world's economy, this isn't news anymore so that's why I always advice whoever that's complaining about such matters not to depend on the government for anything or hold them responsible and accountable for anything that's not going the way it should, even if they're actually responsible, complaining all day wouldn't do any good. Rather, you could look for ways to help yourself, work double shifts if you have to, just make sure you make ends meet because at the end of the day, you're responsible for yourself not the government.
Title: Re: Cost of living
Post by: DrBeer on February 19, 2024, 10:13:42 PM
This is because at the beginning there is something wrong, people below the poverty line will depend on government assistance because from the beginning they are used to it. the government should give them fishing rods instead of directly giving them fish, I'm sure I don't need to explain because surely everyone understands.

Something that is wrong will produce something that is wrong too. Maybe the government should consider more when they want to provide assistance and the like. Maybe direct aid is also good, but they should also look and try to consider, so that later it can solve the problem from the grassroots.

You are very correct in voicing the solution. But there are a few nuances....
On the one hand, it is indeed the most correct solution, on the other hand..... On the other hand, there's the human factor:
- the population is used to doing nothing and getting the minimum necessary content.
- the government and international organizations are used to systemic corruption and live at the expense of the fact that in some countries the picture of "huge social problem of the population, hunger,..." is deliberately maintained.
It sounds very disgusting - but it is international corruption at the level of local governments and world institutions and organizations that are causing it, solely for their own well-being....
Now corruption is also one of the problems that must be resolved if you want to reduce poverty. I am sure that for direct assistance there are still many people who do not deliver it according to what it should be. Indeed, the assistance reaches the community, but do they really not cut the budget for themselves?

What is often found is cost overruns, they work with distributors or producers. And one more thing, is the assistance really right on target? That is often the case, so it does slow down poverty reduction.

But I would put corruption at the top of the country's economic problems. Mismanagement is the second most important problem. But the key problem is that an inept manager can be replaced, and corruption is a disease that affects all branches of government, all "managers" and the entire population. It is a disease that affects virtually every cell of the organism, and it is extremely difficult to get rid of it! Corruption causes virtually all the problems of the economy, even in a rich country, and unfortunately there are a lot of examples. There are countries that have managed to "localize" or eliminate corruption, but I am not sure that there are countries that have completely defeated it.
Title: Re: Cost of living
Post by: ajiz138 on February 21, 2024, 03:08:33 PM
Now corruption is also one of the problems that must be resolved if you want to reduce poverty. I am sure that for direct assistance there are still many people who do not deliver it according to what it should be. Indeed, the assistance reaches the community, but do they really not cut the budget for themselves?

What is often found is cost overruns, they work with distributors or producers. And one more thing, is the assistance really right on target? That is often the case, so it does slow down poverty reduction.

But I would put corruption at the top of the country's economic problems. Mismanagement is the second most important problem. But the key problem is that an inept manager can be replaced, and corruption is a disease that affects all branches of government, all "managers" and the entire population. It is a disease that affects virtually every cell of the organism, and it is extremely difficult to get rid of it! Corruption causes virtually all the problems of the economy, even in a rich country, and unfortunately there are a lot of examples. There are countries that have managed to "localize" or eliminate corruption, but I am not sure that there are countries that have completely defeated it.
I have a belief that corruption will always exist and will not be resolved until there is absolutely no practice in the field. But at least it can be minimized with certain rules.

There are still many rules that in my opinion do not incriminate corruptors, or in other words the punishment they get is not proportional to what they do. Now I have not heard of a country that dares to punish corruptors such as being impoverished, or worse than that, namely the death penalty.

Yes, I understand because there are still many who speak out that it deprives them of their right to live. But my point here is that the punishment is really a deterrent.
Title: Re: Cost of living
Post by: 0t3p0t on February 26, 2024, 02:21:18 PM
Now corruption is also one of the problems that must be resolved if you want to reduce poverty. I am sure that for direct assistance there are still many people who do not deliver it according to what it should be. Indeed, the assistance reaches the community, but do they really not cut the budget for themselves?

What is often found is cost overruns, they work with distributors or producers. And one more thing, is the assistance really right on target? That is often the case, so it does slow down poverty reduction.

But I would put corruption at the top of the country's economic problems. Mismanagement is the second most important problem. But the key problem is that an inept manager can be replaced, and corruption is a disease that affects all branches of government, all "managers" and the entire population. It is a disease that affects virtually every cell of the organism, and it is extremely difficult to get rid of it! Corruption causes virtually all the problems of the economy, even in a rich country, and unfortunately there are a lot of examples. There are countries that have managed to "localize" or eliminate corruption, but I am not sure that there are countries that have completely defeated it.
I have a belief that corruption will always exist and will not be resolved until there is absolutely no practice in the field. But at least it can be minimized with certain rules.

There are still many rules that in my opinion do not incriminate corruptors, or in other words the punishment they get is not proportional to what they do. Now I have not heard of a country that dares to punish corruptors such as being impoverished, or worse than that, namely the death penalty.

Yes, I understand because there are still many who speak out that it deprives them of their right to live. But my point here is that the punishment is really a deterrent.
So you mean not only the government needs to be reformed but also the justice system in a specific country. It all affects the cost of living and or the economic growth we have right now in our respective country. There is no other way this can be resolved but it's the foundation itself that needs to be reconstructed so we can show strength even in the worst situation in the country.
Title: Re: Cost of living
Post by: Martyns on March 09, 2024, 06:29:44 PM
Cost of living results to the high cost of items in the society or country. As such is causing decline in family and society planning. The high cost and standard of things in our society and countries at large, if the cost of things in our society can change it may then give rise to good economic standards( system). On the other hand, government or leaders of a country can maintain and as such manages the economy for the favour of its citizens, but in a case where the government refuses to maintain, manage the economy standards than it may result to low supply and high cost of thing.
Title: Re: Cost of living
Post by: DrBeer on March 09, 2024, 09:20:31 PM
Now corruption is also one of the problems that must be resolved if you want to reduce poverty. I am sure that for direct assistance there are still many people who do not deliver it according to what it should be. Indeed, the assistance reaches the community, but do they really not cut the budget for themselves?

What is often found is cost overruns, they work with distributors or producers. And one more thing, is the assistance really right on target? That is often the case, so it does slow down poverty reduction.

But I would put corruption at the top of the country's economic problems. Mismanagement is the second most important problem. But the key problem is that an inept manager can be replaced, and corruption is a disease that affects all branches of government, all "managers" and the entire population. It is a disease that affects virtually every cell of the organism, and it is extremely difficult to get rid of it! Corruption causes virtually all the problems of the economy, even in a rich country, and unfortunately there are a lot of examples. There are countries that have managed to "localize" or eliminate corruption, but I am not sure that there are countries that have completely defeated it.
I have a belief that corruption will always exist and will not be resolved until there is absolutely no practice in the field. But at least it can be minimized with certain rules.

There are still many rules that in my opinion do not incriminate corruptors, or in other words the punishment they get is not proportional to what they do. Now I have not heard of a country that dares to punish corruptors such as being impoverished, or worse than that, namely the death penalty.

Yes, I understand because there are still many who speak out that it deprives them of their right to live. But my point here is that the punishment is really a deterrent.


In part, I agree with you, from the point of view that "corruption will always exist". The problem is very simple - corruption is about money and power. And these two entities will exist for as long as the current model of the state and power structure exists.  Another question is what is the "role" of corruption in the state - is it the "basis of power" or is it a by-product that is "restrained" by the legislative, executive and judicial systems and the citizens of the country.
Title: Re: Cost of living
Post by: milewilda on March 10, 2024, 11:54:16 AM
Cost of living results to the high cost of items in the society or country. As such is causing decline in family and society planning. The high cost and standard of things in our society and countries at large, if the cost of things in our society can change it may then give rise to good economic standards( system). On the other hand, government or leaders of a country can maintain and as such manages the economy for the favour of its citizens, but in a case where the government refuses to maintain, manage the economy standards than it may result to low supply and high cost of thing.
I could say that this is something that inevitable. Why? Economic situations and conditions doesnt get better on which services and goods cost are really that gradually soaring up high.
if you are someone who do have that kind of job and doesnt have any ways or means of earning more income  then you would really be definitely struggle.
This is why it would really be that common sense that you would really be needing to find another source of income on which you could really be able to make yourself
that be able to make money so that you would really be able to survive and able to sustain.
Title: Re: Cost of living
Post by: Emmanuel1 on March 14, 2024, 07:10:58 PM
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
Actually the cost of living in my country is on the high side because of the hike of food prices, based on the crisis in the economy.
Title: Re: Cost of living
Post by: Dr.Bitcoin_Strange on March 16, 2024, 11:21:57 PM
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.

And, as you correctly point out, these issues have consequences for all individuals, from the millionaires to the struggling. One of the most major obstacles to citizen involvement in many nations is a lack of availability of information. People who do not have access to accurate news and information find it tough to stay informed about issues that impact them as well as take movement. Furthermore, many individuals are underprivileged and struggle to meet their fundamental needs, making it difficult for them to tackle more extensive, systemic obstacles.
Title: Re: Cost of living
Post by: Mr. Allcrypto on March 27, 2024, 03:03:57 PM
Well, sorry if things really got out of hand, but you must know that some people in some low-income countries are also facing the same issues. What you have to do in order to minimize costs for yourself is to always have a budget for your spending. If you also have some free land space in your place of residence, you can set up a small garden and grow some vegetables, which you will no longer need to purchase from the market. In the compound where I live in the city, there is a small space, so what I did was plant pepper in a plastic bag. I also planted okra, ginger, and garlic in a plastic bag. I don't usually buy pepper all the time because I can just harvest from the one I planted.


Yes I agree with you, I have posted a topic in this board about setting your budgets. And high cost of living can also be minimal if we set our budgets accordingly to how we earn so we can manage..
Title: Re: Cost of living
Post by: DrBeer on March 28, 2024, 10:09:31 AM
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
Actually the cost of living in my country is on the high side because of the hike of food prices, based on the crisis in the economy.


"In fact, the cost of living in my country is high because of the rising food prices caused by the crisis in the economy." - Can you elaborate ?
I'm interested in a few questions:
- how much of the average income in your country is spent on food ?
- what is the state of the agricultural sector ?
- is private farming developed in your country ?
- What provoked the economic crisis and which areas of the economy are most affected by the crisis.
Title: Re: Cost of living
Post by: DragonF on March 29, 2024, 02:43:54 PM
The country's resources are just kept unutilized and it makes for poor revenue and in turn, depreciates the economy.

I disagree with you on this. In Nigeria, resources are utilized but they are not translated into bringing about the greatest happiness of the greatest number. Individuals in charge of the country's treasury are concerned with siphoning the treasury to the detriment of the people.

The only resource that is underutilized in the country is the human resource. This is made obvious by the fact that the majority of the people are not gainfully employed.
Title: Re: Cost of living
Post by: Mr. Allcrypto on March 30, 2024, 11:02:41 PM


I disagree with you on this. In Nigeria, resources are utilized but they are not translated into bringing about the greatest happiness of the greatest number. Individuals in charge of the country's treasury are concerned with siphoning the treasury to the detriment of the people.

The only resource that is underutilized in the country is the human resource. This is made obvious by the fact that the majority of the people are not gainfully employed.
[/quote]


The thing is just that the corruption rate us very high, what is ment for the general public, one man will siphon it or turn it to a family business, which is very bad, and it is affecting the country. Most natural resources that are to be utilized by the government for the betterment of the country are conveyed to one person. Cost of living is high as a result of corruption and greed.
Title: Re: Cost of living
Post by: DragonF on April 01, 2024, 09:46:48 AM
The thing is just that the corruption rate us very high, what is ment for the general public, one man will siphon it or turn it to a family business, which is very bad, and it is affecting the country. Most natural resources that are to be utilized by the government for the betterment of the country are conveyed to one person. Cost of living is high as a result of corruption and greed.

Corruption is the reason Nigeria has failed to develop. The elites always want to benefit at the detriment of others. Sometimes I am forced to ask if our politicians do not feel the cry of the poor. Most annoying aspect is that even when relief materials are provided by NGOs few greedy persons will hijack it for their aggrandizement. This is the reason the cost of living continue to rise and impoverish the people.
Title: Re: Cost of living
Post by: Uruhara on April 02, 2024, 07:30:15 AM
The thing is just that the corruption rate us very high, what is ment for the general public, one man will siphon it or turn it to a family business, which is very bad, and it is affecting the country. Most natural resources that are to be utilized by the government for the betterment of the country are conveyed to one person. Cost of living is high as a result of corruption and greed.

Corruption is the reason Nigeria has failed to develop. The elites always want to benefit at the detriment of others. Sometimes I am forced to ask if our politicians do not feel the cry of the poor. Most annoying aspect is that even when relief materials are provided by NGOs few greedy persons will hijack it for their aggrandizement. This is the reason the cost of living continue to rise and impoverish the people.
This also happened in my country, Indonesia. In fact, recently one important person was arrested on suspicion of corruption. And the amount of money he corrupted was truly a very large amount. In fact, if the amount he corrupted was distributed to all Indonesian people, it would be enough to make all families have large capital and would be helped economically. And the corruption seems to have been carried out by only one person. And I imagine that there are many more perpetrators of corruption out there who are making all people in various countries, including Indonesia and Nigeria, experience economic difficulties as is currently happening. It seems that if a country can be free from corruption then that country can become a fairly rich country and the people will be prosperous.
Title: Re: Cost of living
Post by: abhiseshakana on April 02, 2024, 03:10:56 PM

This also happened in my country, Indonesia. In fact, recently one important person was arrested on suspicion of corruption. And the amount of money he corrupted was truly a very large amount. In fact, if the amount he corrupted was distributed to all Indonesian people, it would be enough to make all families have large capital and would be helped economically. And the corruption seems to have been carried out by only one person. And I imagine that there are many more perpetrators of corruption out there who are making all people in various countries, including Indonesia and Nigeria, experience economic difficulties as is currently happening. It seems that if a country can be free from corruption then that country can become a fairly rich country and the people will be prosperous.

In my opinion, the failures of a nation apart from the problem of corruption are:
1. Domination of super rich people (3% of top bankers in the world) in crucial economic sectors in every nation.
2. Through banks they make a country entangled in a debt trap that will never be resolved.
3. Through the dollar, they control the world monetary system complete with its tools (swift system)
4. Through the stock market, control many strategic businesses (state-owned enterprises in various countries)
There is a system that makes/manages us according to what the system owner wants
Title: Re: Cost of living
Post by: KingsDen on April 03, 2024, 12:32:29 AM
The thing is just that the corruption rate us very high, what is ment for the general public, one man will siphon it or turn it to a family business, which is very bad, and it is affecting the country. Most natural resources that are to be utilized by the government for the betterment of the country are conveyed to one person. Cost of living is high as a result of corruption and greed.

Corruption is the reason Nigeria has failed to develop. The elites always want to benefit at the detriment of others. Sometimes I am forced to ask if our politicians do not feel the cry of the poor. Most annoying aspect is that even when relief materials are provided by NGOs few greedy persons will hijack it for their aggrandizement. This is the reason the cost of living continue to rise and impoverish the people.
Nigeria is one of the most blessed nations of the world in terms of natural and human resources but the main reason why the citizens are still passing through very difficult times and economic hardship is because of the selfish political leaders that's been in charge of the country since independence but more especially since 1999 that democratic system if government was fully returned to the country. The most painful thing about the whole thing is that most of the leaders are very okay with how corrupt the country is and are not even ready to effect a positive change. The people of the country are really suffering because of the harsh economy
Title: Re: Cost of living
Post by: Uruhara on April 03, 2024, 02:42:46 AM

This also happened in my country, Indonesia. In fact, recently one important person was arrested on suspicion of corruption. And the amount of money he corrupted was truly a very large amount. In fact, if the amount he corrupted was distributed to all Indonesian people, it would be enough to make all families have large capital and would be helped economically. And the corruption seems to have been carried out by only one person. And I imagine that there are many more perpetrators of corruption out there who are making all people in various countries, including Indonesia and Nigeria, experience economic difficulties as is currently happening. It seems that if a country can be free from corruption then that country can become a fairly rich country and the people will be prosperous.

In my opinion, the failures of a nation apart from the problem of corruption are:
1. Domination of super rich people (3% of top bankers in the world) in crucial economic sectors in every nation.
2. Through banks they make a country entangled in a debt trap that will never be resolved.
3. Through the dollar, they control the world monetary system complete with its tools (swift system)
4. Through the stock market, control many strategic businesses (state-owned enterprises in various countries)
There is a system that makes/manages us according to what the system owner wants
so true. If we look deeper then what happened is exactly as you said. So sometimes a developing country always has difficulty turning into a developed country. And developed countries have always been developed countries. Meanwhile, underdeveloped countries always have more difficulties. Even hyper inflation in several countries has not been resolved to date. The dominance of the rich is also getting stronger. Whether in an economic crisis or not.
Title: Re: Cost of living
Post by: Jating on April 03, 2024, 01:52:51 PM
The thing is just that the corruption rate us very high, what is ment for the general public, one man will siphon it or turn it to a family business, which is very bad, and it is affecting the country. Most natural resources that are to be utilized by the government for the betterment of the country are conveyed to one person. Cost of living is high as a result of corruption and greed.

Corruption is the reason Nigeria has failed to develop. The elites always want to benefit at the detriment of others. Sometimes I am forced to ask if our politicians do not feel the cry of the poor. Most annoying aspect is that even when relief materials are provided by NGOs few greedy persons will hijack it for their aggrandizement. This is the reason the cost of living continue to rise and impoverish the people.
Nigeria is one of the most blessed nations of the world in terms of natural and human resources but the main reason why the citizens are still passing through very difficult times and economic hardship is because of the selfish political leaders that's been in charge of the country since independence but more especially since 1999 that democratic system if government was fully returned to the country. The most painful thing about the whole thing is that most of the leaders are very okay with how corrupt the country is and are not even ready to effect a positive change. The people of the country are really suffering because of the harsh economy
I agree, I read a lot about this country and yeah, it's natural resources is abundant. But then again, it was taken advantage by some colonial powers and then exploited it to the maximum. And when they left, it was chaos and then corruption, political leaders become self fish, they also try to get as much from their population. With that, they underwent a lot of conflicts in the last decade like in the Niger Delta. So it might take centuries as well for this country to grow and transform. So obviously, cost of living there is low, but still, since there is inequality, the rich just became rich, and the poor suffer the most. Some of us is lucky that we still live in a country that is not as bad as other 3rd world nation like Nigeria.
Title: Re: Cost of living
Post by: DrBeer on April 03, 2024, 02:34:31 PM
The thing is just that the corruption rate us very high, what is ment for the general public, one man will siphon it or turn it to a family business, which is very bad, and it is affecting the country. Most natural resources that are to be utilized by the government for the betterment of the country are conveyed to one person. Cost of living is high as a result of corruption and greed.

Corruption is the reason Nigeria has failed to develop. The elites always want to benefit at the detriment of others. Sometimes I am forced to ask if our politicians do not feel the cry of the poor. Most annoying aspect is that even when relief materials are provided by NGOs few greedy persons will hijack it for their aggrandizement. This is the reason the cost of living continue to rise and impoverish the people.

A simple question - why do you give these people power? Don't you choose the power? You don't have a monarchy or a totalitarian country where the authorities are without change and are not obliged to be responsible to the population!
I am absolutely sure that in the election slogans of today's politicians were promises to improve the economy and raise living standards. Don't you want to question them and demand that they fulfill their promises?
Title: Re: Cost of living
Post by: 0t3p0t on April 03, 2024, 03:46:32 PM
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
Actually the cost of living in my country is on the high side because of the hike of food prices, based on the crisis in the economy.
Yeah same here inflation is high the reason why I am into crypto because salary rate also here in my place is quiet low and given that crypto is based on the conversion of dollar which is an advantage since it has a much higher value compared to my local currency in times of withdrawal of funds from my crypto account.
Title: Re: Cost of living
Post by: 0t3p0t on April 17, 2024, 02:59:35 PM
The thing is just that the corruption rate us very high, what is ment for the general public, one man will siphon it or turn it to a family business, which is very bad, and it is affecting the country. Most natural resources that are to be utilized by the government for the betterment of the country are conveyed to one person. Cost of living is high as a result of corruption and greed.

Corruption is the reason Nigeria has failed to develop. The elites always want to benefit at the detriment of others. Sometimes I am forced to ask if our politicians do not feel the cry of the poor. Most annoying aspect is that even when relief materials are provided by NGOs few greedy persons will hijack it for their aggrandizement. This is the reason the cost of living continue to rise and impoverish the people.
Yeah this is a fact really and I can observe this scenario in my country as well most especially during crisis and disasters. Corrupt officials prioritize their self interest over the need of the victims who knows nothing about the system foreign aid has come but we only received local cheap products. I am wondering where those aids go? It sometimes includes high quality imported goods, financial assistance and many more that will become missing and won't be given to the ture beneficiaries. That hurts a lot for us ordinary people and it really breaks our heart when our fellow countrymen will deceive us in times of trouble.
Title: Re: Cost of living
Post by: Emmanuel1 on April 17, 2024, 08:53:47 PM
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
actually I don't know the country you're talking about but, if I may guess it's my  country Nigeria. The politicians are the cost of the whole situation in my country, until the back crops of politicians in my country are wiped out, if not the situation will still remain the same, I mean the cost of living. That's my opinion.
Title: Re: Cost of living
Post by: 0t3p0t on April 18, 2024, 11:08:06 AM
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
actually I don't know the country you're talking about but, if I may guess it's my  country Nigeria. The politicians are the cost of the whole situation in my country, until the back crops of politicians in my country are wiped out, if not the situation will still remain the same, I mean the cost of living. That's my opinion.
As long as politics in our country is toxic we the people and our economy will remain and suffer the same or even less from what they are doing as it all backfires.
Title: Re: Cost of living
Post by: DrBeer on April 20, 2024, 11:15:41 AM

This also happened in my country, Indonesia. In fact, recently one important person was arrested on suspicion of corruption. And the amount of money he corrupted was truly a very large amount. In fact, if the amount he corrupted was distributed to all Indonesian people, it would be enough to make all families have large capital and would be helped economically. And the corruption seems to have been carried out by only one person. And I imagine that there are many more perpetrators of corruption out there who are making all people in various countries, including Indonesia and Nigeria, experience economic difficulties as is currently happening. It seems that if a country can be free from corruption then that country can become a fairly rich country and the people will be prosperous.

In my opinion, the failures of a nation apart from the problem of corruption are:
1. Domination of super rich people (3% of top bankers in the world) in crucial economic sectors in every nation.
2. Through banks they make a country entangled in a debt trap that will never be resolved.
3. Through the dollar, they control the world monetary system complete with its tools (swift system)
4. Through the stock market, control many strategic businesses (state-owned enterprises in various countries)
There is a system that makes/manages us according to what the system owner wants

Unfortunately some arguments are wrong, I will explain myself !

1. Domination of super rich people (3% of top bankers in the world) in crucial economic sectors in every nation.
- This is not a problem, it is a natural and logical state of affairs. Do you want poor, low achievers to dominate ? The wealth of these people is the result of their knowledge, skills, and I agree - also their connections.  It's wrong to consider their success as a disadvantage.  These are the realities of life - some are better, some are smarter, some are stronger, some are richer, some are more influential, and some are higher :) ....

2. Through banks they make a country entangled in a debt trap that will never be resolved.
_error. No one is forcing you to use the services of a bank ! It seems to me that you have not quite correctly described the essence, probably you wanted to say about loans of international banking and financial structures ? But then the question is why take loans? Just earn money and secure your economy ? Or do you think credit funds should be given without interest and obligation to pay back? Ok, then lend me 1.000.000 dollars on such conditions ? :)

3. Through the dollar, they control the world monetary system complete with its instruments (swift system). Excuse me - but where did you read such nonsense? SWIFT is not about the dollar, not about the U.S., here you are very much mistaken or knowingly give incorrect information!
I recommend to study the information about this project: SWIFT was founded in Brussels in 1973 under the leadership of its first CEO Carl Røytersköld and was supported by 239 major banks in fifteen countries. The new system was designed to establish common standards for financial transactions and to form a common data processing system. The basic operating protocols, rules of accountability were established in 1975, and the first transaction was conducted in 1977. The first SWIFT operational center in the United States was opened by Virginia Governor John Dalton in 1979.


4. Through the stock market, control many strategic businesses (state-owned enterprises in various countries)
A very big misconception. Tell me how the stock market controls and influences your company for example ?  I apologize, but this is an attempt to come up with a "convenient answer to inconvenient questions", such as "why my country has a low standard of living".  It is easier to find a "distant culprit", to understand the problems that have only local problems - non-payment of taxes, nepotism, corruption, unwillingness of the population to work,.... These are unpleasant moments of our life, but always remember one simple principle - if you have a disease, and you treat fictitious manifestations, but do not treat the disease itself - the disease will defeat you!

Do not deceive yourself and others, inventing "fairy tale culprits in our problems", reality is much closer to us than the world bankers, SWIFT, stock market.... And the most unpleasant thing is that we ourselves create all these problems, and then "bankers", "capitalists", and others take advantage of it.


Title: Re: Cost of living
Post by: 0t3p0t on April 20, 2024, 03:37:21 PM
Through the stock market, control many strategic businesses (state-owned enterprises in various countries)
A very big misconception. Tell me how the stock market controls and influences your company for example ?  I apologize, but this is an attempt to come up with a "convenient answer to inconvenient questions", such as "why my country has a low standard of living".  It is easier to find a "distant culprit", to understand the problems that have only local problems - non-payment of taxes, nepotism, corruption, unwillingness of the population to work,.... These are unpleasant moments of our life, but always remember one simple principle - if you have a disease, and you treat fictitious manifestations, but do not treat the disease itself - the disease will defeat you!

Do not deceive yourself and others, inventing "fairy tale culprits in our problems", reality is much closer to us than the world bankers, SWIFT, stock market.... And the most unpleasant thing is that we ourselves create all these problems, and then "bankers", "capitalists", and others take advantage of it.

I personally like the highlighted lines myself because it decribes the reality that is currently happening in the society of every country which is facing a lot of challenges like mine. For me that is very accurate when we are talking about true events especially in third world countries including mine. People always criticize what had happened to the economy and politics but what they don't know is that they actually play an important role in making reforms eliminating corrupt officials and having the discipline to help the economy get back up again.
Title: Re: Cost of living
Post by: DrBeer on April 21, 2024, 05:58:51 PM
Through the stock market, control many strategic businesses (state-owned enterprises in various countries)
A very big misconception. Tell me how the stock market controls and influences your company for example ?  I apologize, but this is an attempt to come up with a "convenient answer to inconvenient questions", such as "why my country has a low standard of living".  It is easier to find a "distant culprit", to understand the problems that have only local problems - non-payment of taxes, nepotism, corruption, unwillingness of the population to work,.... These are unpleasant moments of our life, but always remember one simple principle - if you have a disease, and you treat fictitious manifestations, but do not treat the disease itself - the disease will defeat you!

Do not deceive yourself and others, inventing "fairy tale culprits in our problems", reality is much closer to us than the world bankers, SWIFT, stock market.... And the most unpleasant thing is that we ourselves create all these problems, and then "bankers", "capitalists", and others take advantage of it.

I personally like the highlighted lines myself because it decribes the reality that is currently happening in the society of every country which is facing a lot of challenges like mine. For me that is very accurate when we are talking about true events especially in third world countries including mine. People always criticize what had happened to the economy and politics but what they don't know is that they actually play an important role in making reforms eliminating corrupt officials and having the discipline to help the economy get back up again.

Thank you !
I would also add - the problem with the modern world is that most people try to look for "convenient" explanations for what is happening, afraid to recognize reality, to admit their guilt, afraid to start doing what really needs to be done.

And so they "solve problems" that are not the real cause of what is happening..... I hope the world will change !
Title: Re: Cost of living
Post by: 0t3p0t on April 22, 2024, 05:43:32 PM
Through the stock market, control many strategic businesses (state-owned enterprises in various countries)
A very big misconception. Tell me how the stock market controls and influences your company for example ?  I apologize, but this is an attempt to come up with a "convenient answer to inconvenient questions", such as "why my country has a low standard of living".  It is easier to find a "distant culprit", to understand the problems that have only local problems - non-payment of taxes, nepotism, corruption, unwillingness of the population to work,.... These are unpleasant moments of our life, but always remember one simple principle - if you have a disease, and you treat fictitious manifestations, but do not treat the disease itself - the disease will defeat you!

Do not deceive yourself and others, inventing "fairy tale culprits in our problems", reality is much closer to us than the world bankers, SWIFT, stock market.... And the most unpleasant thing is that we ourselves create all these problems, and then "bankers", "capitalists", and others take advantage of it.

I personally like the highlighted lines myself because it decribes the reality that is currently happening in the society of every country which is facing a lot of challenges like mine. For me that is very accurate when we are talking about true events especially in third world countries including mine. People always criticize what had happened to the economy and politics but what they don't know is that they actually play an important role in making reforms eliminating corrupt officials and having the discipline to help the economy get back up again.

Thank you !
I would also add - the problem with the modern world is that most people try to look for "convenient" explanations for what is happening, afraid to recognize reality, to admit their guilt, afraid to start doing what really needs to be done.

And so they "solve problems" that are not the real cause of what is happening..... I hope the world will change !
Exactly instead of criticizing I think it is better to help the government even in a simple but good deeds to atleast do our part as a citizen because I know it was just a small thing but it will contribute to the growth of our economy and may also improve our cost of living.
Title: Re: Cost of living
Post by: dkbit98 on April 26, 2024, 08:28:07 PM
There is one interesting little website called Numbeo that can be useful for comparing cost of living in different countries around the world.
You will see big difference in some countries and cities, but it would be cool if someone could ''fork'' Numbeo or make Bitnumbeo and make it work with bitcoin or sats units, instead of only standard fiat currencies.
https://www.numbeo.com/cost-of-living/
Title: Re: Cost of living
Post by: DrBeer on April 27, 2024, 10:28:58 AM
....
Thank you !
I would also add - the problem with the modern world is that most people try to look for "convenient" explanations for what is happening, afraid to recognize reality, to admit their guilt, afraid to start doing what really needs to be done.

And so they "solve problems" that are not the real cause of what is happening..... I hope the world will change !
Exactly instead of criticizing I think it is better to help the government even in a simple but good deeds to atleast do our part as a citizen because I know it was just a small thing but it will contribute to the growth of our economy and may also improve our cost of living.

Of course - we all have obligations, civic obligations. And it is not only to demand something from the government/authority, but also to do something ourselves. Or not to do - not to do bad deeds, not to hide taxes, not to cover criminals, not to contribute to corruption....

There is a nuance - if the government/authority's only goal is their own enrichment, it is definitely not worth helping them :)
Title: Re: Cost of living
Post by: Stompix on April 27, 2024, 10:40:17 PM
There is one interesting little website called Numbeo that can be useful for comparing cost of living in different countries around the world.
You will see big difference in some countries and cities, but it would be cool if someone could ''fork'' Numbeo or make Bitnumbeo and make it work with bitcoin or sats units, instead of only standard fiat currencies.
https://www.numbeo.com/cost-of-living/

Is that actually accurate for your city?
It sucks for two of mine, both my former residence and my current one, the prices for restaurants are like 20% lower at least, and other costs are highly inflated, one meal in an inexpensive restaurant is quoted at 8 euros and the second for two-three courses around 45, they are soooo of!
Bottle of wine MID range 5 euros.... :o

In my opinion, the failures of a nation apart from the problem of corruption are:
1. Domination of super rich people (3% of top bankers in the world) in crucial economic sectors in every nation.
2. Through banks they make a country entangled in a debt trap that will never be resolved.
3. Through the dollar, they control the world monetary system complete with its tools (swift system)
4. Through the stock market, control many strategic businesses (state-owned enterprises in various countries)

Neah, you forgot the number 5
Too much reading of the socialism manifesto and western blaming!

 
Title: Re: Cost of living
Post by: JoyMarsha on April 27, 2024, 10:59:34 PM
If I am not mistaken you are pointing out to the government that they are not taking action on food and other necessities prices are going up, and they aren't helping us. Also I'm not really sure what place you are referring to but I will just generalize it because mostly we have a common perspective in government, with which I agree and disagree because the government is doing their stuff but we can't see it but at the same time we need to take care of ourselves and not rely on them as we get starved. Instead of wasting our time mocking the government, let's find another opportunity to earn money rather than just keep monitoring the government's next move.
I do agree with you. Here in our country, many people disagree with the decision of the government because they do not see any improvement in their lives. These kind of individuals rely on the government to take action instead of taking the initiative themselves. This dependence on the government leads to laziness, as people are unwilling to work hard to earn a living and prefer to rely on government support for their daily needs.
That's a wrong move for a country citizen to depend solely on the government to provide for him or her. Even though it is the duty of the government to provide for its citizens. We don't expect them to do all that for the whole population of the country one after the other. What I think the government can do, is provide the basic amenities for its citizen's needs to strive in life and every other thing will be worked out by themselves for gaining the needy employment and knowledge to enrich themselves because a country can't give each of her citizens that, only a selected few can be lucky to have that from them, and the rest would work their way to be successful in life.
Title: Re: Cost of living
Post by: SmartGold01 on April 28, 2024, 10:00:18 AM
for this country

This country? Dude, you are on the forum on which people from all around the world. And everyone can think their way about which country is "this". ;D

You don't need to stress from the way op writes it shows that he is a Nigerian because some of the post were written in pidgin English, so whenever you see this kind of post then you should know that is a native of Nigeria.

Then back to op, what I will say is that our country is a total messed and you can't keep looking at the government to come to your aid while they have no one in their agenda, so what next?
Strive and push harder get yourself good work or good skills to keep sustaining yourself and removed your mind from the government because I know that they are the last person to look after humanity.
Title: Re: Cost of living
Post by: Jokers on April 28, 2024, 12:17:09 PM
for this country

This country? Dude, you are on the forum on which people from all around the world. And everyone can think their way about which country is "this". ;D

You don't need to stress from the way op writes it shows that he is a Nigerian because some of the post were written in pidgin English, so whenever you see this kind of post then you should know that is a native of Nigeria.

As far as I know, there are more countries which use different types of Pidgin English and I doubt that even majority of native English speakers can easily see who is from which just basing on some language peculiarities. So when in the general sections, it is comme il faut to name the country you are speaking about so that others were not forced into guessing. ;)
Title: Re: Cost of living
Post by: 0t3p0t on April 28, 2024, 01:49:41 PM
....
Thank you !
I would also add - the problem with the modern world is that most people try to look for "convenient" explanations for what is happening, afraid to recognize reality, to admit their guilt, afraid to start doing what really needs to be done.

And so they "solve problems" that are not the real cause of what is happening..... I hope the world will change !
Exactly instead of criticizing I think it is better to help the government even in a simple but good deeds to atleast do our part as a citizen because I know it was just a small thing but it will contribute to the growth of our economy and may also improve our cost of living.

Of course - we all have obligations, civic obligations. And it is not only to demand something from the government/authority, but also to do something ourselves. Or not to do - not to do bad deeds, not to hide taxes, not to cover criminals, not to contribute to corruption....

There is a nuance - if the government/authority's only goal is their own enrichment, it is definitely not worth helping them :)
Yeah exactly, the only problem here is that majority wants money and that is I think very common during elections. Different side of the story but I am expecting something inappropriate will happen when all of these corrupt will be elected. Whether we like it or not we can do nothing about it to kick em out because majority won't care due to the fact that they manage yo get bribe money during elections. Sad reality.
Title: Re: Cost of living
Post by: SmartGold01 on April 28, 2024, 01:55:26 PM
for this country


This country? Dude, you are on the forum on which people from all around the world. And everyone can think their way about which country is "this". ;D

You don't need to stress from the way op writes it shows that he is a Nigerian because some of the post were written in pidgin English, so whenever you see this kind of post then you should know that is a native of Nigeria.

As far as I know, there are more countries which use different types of Pidgin English and I doubt that even majority of native English speakers can easily see who is from which just basing on some language peculiarities. So when in the general sections, it is comme il faut to name the country you are speaking about so that others were not forced into guessing. ;)
You are correct as you said of not possible to guess a country where someone is based from based on their writing..
Actually I did just have to search that username in the Nigerian local board and I found him over there as one, so this shows that it wasn't wrong in my statement because only someone who is from Nigeria can read and understand correctly their native pidgin English, there are more harder and tougher once you can't comprehend except for the native speaker just as I do understand that op is from Nigeria because I am also of them.
Title: Re: Cost of living
Post by: Gurujebs on April 28, 2024, 02:06:56 PM
Exactly instead of criticizing I think it is better to help the government even in a simple but good deeds to atleast do our part as a citizen because I know it was just a small thing but it will contribute to the growth of our economy and may also improve our cost of living.

How can you help the government better than the tax we paid dully? As a responsible citizen and obedient one, paying our taxes help the governments to raise more money and with more money, they can execute more project for people that are lacking, without these taxes been paid, we will both suffer for it because the government wouldn't be able to do much.

Furthermore, if the citizens are helping the government to put taxes together, I hope they also put it in good use and not spend it unnecessary things or loot it for their own family and encourage corruption activities.
Title: Re: Cost of living
Post by: DrBeer on April 28, 2024, 03:47:04 PM
...
How can you help the government better than the tax we paid dully? As a responsible citizen and obedient one, paying our taxes help the governments to raise more money and with more money, they can execute more project for people that are lacking, without these taxes been paid, we will both suffer for it because the government wouldn't be able to do much.

Furthermore, if the citizens are helping the government to put taxes together, I hope they also put it in good use and not spend it unnecessary things or loot it for their own family and encourage corruption activities.

There is one simple and quality option - not only to pay taxes (obligations of a citizen) but also to demand from the authorities to use them reasonably, not to violate the law, and to fulfill obligations to the citizens of the country.
The authorities are not mythical demigods, they are hired managers who are entrusted by the population of the country to do some work for their wages, which we all pay by taxes.

PS Unless, of course, you live in a totalitarian country or a country led by religious fanatics.
Title: Re: Cost of living
Post by: dkbit98 on April 29, 2024, 05:32:22 PM
Is that actually accurate for your city?
I checked this website with several people around the world and they are accurate for most things, on average.
Restaurants is not something I would check because prices can vary widely depending on city area, quality, inflation, etc.
Numbeo is using multiple sources for price information, and people can make personal contributions.

Quote
Sources and references are:
links to relevant governmental data
links to local supermarket websites with prices
links to local restaurant menus with prices and other relevant sources
links to official public transport price information
links to official taxi prices (or regulated tariff)
other links which can be used to manually verify data provided at this website
other links which can be used to automatically update data at this website
https://www.numbeo.com/common/sources_and_references.jsp
Title: Re: Cost of living
Post by: DrBeer on May 03, 2024, 10:47:45 AM
By the way about life question - here are people from a large number of countries, and most likely all continents.
We can think of some generalized "consumer basket" - a set of goods and services consumed by the majority of participants, and calculate the price of this basket. In national currency, in terms of the dollar, and in terms of the value of gold (this will allow to get an objective assessment of the cost). And also in these measurements we will collect the level of minimum pension, minimum wage, average wage. And we will get a realistic picture. How do you like the idea?
Title: Re: Cost of living
Post by: bitterguy28 on May 03, 2024, 11:02:45 AM
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
  The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just it's level of effect. The country's resources are just kept unutilized and it makes for poor revenue and in turn depreciates the economy.
  It's very much difficult to afford a comfortable meal as a person talk  more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. The whole situation keeps getting worse by the day, there's a solution before us but sadly it just can't be upheld and worked on. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
actually I don't know the country you're talking about but, if I may guess it's my  country Nigeria. The politicians are the cost of the whole situation in my country, until the back crops of politicians in my country are wiped out, if not the situation will still remain the same, I mean the cost of living. That's my opinion.
as long as the politicians in your government are  corrupt and not wanting to save their people then indeed that the cost of living will continue to drop and will make your people including you drowning into more miserable life.
sorry to hear that mate but i believe its yours to make your life and living comfortable .
Title: Re: Cost of living
Post by: emmybd on May 06, 2024, 04:02:35 AM
Over the past few years inflation has been increasing all over world and with the start of Ukraine war it has even deteriorated. The food prices have been shooting up and it has increased the cost of living and made life especially of the middle class and poor people miserable. In many countries corrupt politicians and elite business community have been using this situation for their own benefits.
Title: Re: Cost of living
Post by: 0t3p0t on May 06, 2024, 06:51:13 PM
Over the past few years inflation has been increasing all over world and with the start of Ukraine war it has even deteriorated. The food prices have been shooting up and it has increased the cost of living and made life especially of the middle class and poor people miserable. In many countries corrupt politicians and elite business community have been using this situation for their own benefits.
I think that is the new normal nowadays. 😅 This is why we need to achieve financial freedom through crypto so that we are not affected by inflation and other manipulation in the society. War for me is another form of manipulation because we all know it is one of the most successful business people aren't aware of.
Title: Re: Cost of living
Post by: DrBeer on May 07, 2024, 06:34:21 PM
Over the past few years inflation has been increasing all over world and with the start of Ukraine war it has even deteriorated. The food prices have been shooting up and it has increased the cost of living and made life especially of the middle class and poor people miserable. In many countries corrupt politicians and elite business community have been using this situation for their own benefits.

The problem of the modern world is that when a critical situation arises (natural disasters, war, pandemics,...) many people/businesses use this situation solely for enrichment, completely ignoring the situation itself. The saying "Money doesn't smell", in today's world has taken on a gigantic scale. Now making money on people's grief is a "clean business", supporting the economy and business of terrorists and criminals is a "norm". Making money from misfortune by supporting this misfortune is also "normal".....
Title: Re: Cost of living
Post by: Legion on May 08, 2024, 02:30:09 PM
Over the past few years inflation has been increasing all over world and with the start of Ukraine war it has even deteriorated. The food prices have been shooting up and it has increased the cost of living and made life especially of the middle class and poor people miserable. In many countries corrupt politicians and elite business community have been using this situation for their own benefits.
I think that is the new normal nowadays. 😅 This is why we need to achieve financial freedom through crypto so that we are not affected by inflation and other manipulation in the society. War for me is another form of manipulation because we all know it is one of the most successful business people aren't aware of.
As you mentioned, war is a form of manipulation, perhaps this makes sense, when a lot of new technology is created and a country has an unlimited amount of wealth, it will have the potential to dominate the battlefield, but do we realize that this is a very selfish nature? What is the fate of those who are victims of war? Are people's lives determined by the greed of a country that likes war?
Title: Re: Cost of living
Post by: 0t3p0t on May 08, 2024, 06:09:40 PM
...
How can you help the government better than the tax we paid dully? As a responsible citizen and obedient one, paying our taxes help the governments to raise more money and with more money, they can execute more project for people that are lacking, without these taxes been paid, we will both suffer for it because the government wouldn't be able to do much.

Furthermore, if the citizens are helping the government to put taxes together, I hope they also put it in good use and not spend it unnecessary things or loot it for their own family and encourage corruption activities.

There is one simple and quality option - not only to pay taxes (obligations of a citizen) but also to demand from the authorities to use them reasonably, not to violate the law, and to fulfill obligations to the citizens of the country.
The authorities are not mythical demigods, they are hired managers who are entrusted by the population of the country to do some work for their wages, which we all pay by taxes.

PS Unless, of course, you live in a totalitarian country or a country led by religious fanatics.
Yeah exactly. But unfortunately I am living in a country which for me is home for majority of corrupt politicians the reason why worthy concrete roads will be purposely rebuilt so they are able to get kickback from the project. Even in disaster hit areas, international aids sometimes won't make it to it's beneficiaries because it will be repacked by corrupt organizers designated by corrupt politicians.


Over the past few years inflation has been increasing all over world and with the start of Ukraine war it has even deteriorated. The food prices have been shooting up and it has increased the cost of living and made life especially of the middle class and poor people miserable. In many countries corrupt politicians and elite business community have been using this situation for their own benefits.
I think that is the new normal nowadays. 😅 This is why we need to achieve financial freedom through crypto so that we are not affected by inflation and other manipulation in the society. War for me is another form of manipulation because we all know it is one of the most successful business people aren't aware of.
As you mentioned, war is a form of manipulation, perhaps this makes sense, when a lot of new technology is created and a country has an unlimited amount of wealth, it will have the potential to dominate the battlefield, but do we realize that this is a very selfish nature? What is the fate of those who are victims of war? Are people's lives determined by the greed of a country that likes war?
Sad reality about war is that it is the most profitable business to date created by oligarchs around the world and they don't care about the innocent victims. Wars also caused by greed as you have said and for me that is pretty accurate.
Title: Re: Cost of living
Post by: Gurujebs on May 08, 2024, 06:17:24 PM
As you mentioned, war is a form of manipulation, perhaps this makes sense, when a lot of new technology is created and a country has an unlimited amount of wealth, it will have the potential to dominate the battlefield, but do we realize that this is a very selfish nature? What is the fate of those who are victims of war? Are people's lives determined by the greed of a country that likes war?

I seconded your opinion about war manipulation, it's nothing but a business for people that will not lose anything to make money. If you observe the war that has been happening since 2023 between countries like Russia, Ukraine, Hammas, Isreal, and Iran, if this war actually happen in 80s, the elites and friendly countries will be quick join the war but because there is a lot to lose when you engage in a war that is not yours, everyone just look while the top leaders call for peace. If a country made a decision to join a war, it is going to backfire one way or the other without anything profitable but loss and catastrophe.
Title: Re: Cost of living
Post by: DrBeer on May 08, 2024, 10:07:50 PM
...
How can you help the government better than the tax we paid dully? As a responsible citizen and obedient one, paying our taxes help the governments to raise more money and with more money, they can execute more project for people that are lacking, without these taxes been paid, we will both suffer for it because the government wouldn't be able to do much.

Furthermore, if the citizens are helping the government to put taxes together, I hope they also put it in good use and not spend it unnecessary things or loot it for their own family and encourage corruption activities.

There is one simple and quality option - not only to pay taxes (obligations of a citizen) but also to demand from the authorities to use them reasonably, not to violate the law, and to fulfill obligations to the citizens of the country.
The authorities are not mythical demigods, they are hired managers who are entrusted by the population of the country to do some work for their wages, which we all pay by taxes.

PS Unless, of course, you live in a totalitarian country or a country led by religious fanatics.
Yeah exactly. But unfortunately I am living in a country which for me is home for majority of corrupt politicians the reason why worthy concrete roads will be purposely rebuilt so they are able to get kickback from the project. Even in disaster hit areas, international aids sometimes won't make it to it's beneficiaries because it will be repacked by corrupt organizers designated by corrupt politicians.

Unfortunately, I cannot boast that I live in a country where there is no or minimal corruption. In our country the picture was even more terrible - knowing about the impending aggression from a neighboring country, until the last day money was invested not in the military-industrial complex, army and defense, but in dubious projects and roads just in those directions where an attack was expected. Moreover, there was no transparent financing of the projects, and any attempts at control were blocked. The saddest thing is that even in the current situation (the country is suffering from a war unleashed by a neighboring state), very dubious projects continue to be implemented in the country.... This not only weakens the economy, which is in a very difficult state, but also causes reputational losses on the world stage...