I just returned from grocery shopping just few minutes ago after a gap of 2-3 weeks. I found that the same shop is now selling everything at almost double the price now compared to last few weeks.
I have been hearing about inflation and was aware of price increases (since I don't have a car, living in a big metro I was not directly impacted) but today was my real experience with these price increases in such a short span of time.
I have exposed and hedged myself from this with BTC but I feel it is not enough now.
I know I can still afford and be able to pay these prices. But I am so worried and sad that the poor sections of the society will basically find themselves not being able to buy anything if this continues like this.
It is just sad. Very sad.
I try to bring awareness around me to why this is happening but all the people seems to not understand basic finance and there anger is directed towards government to provide help, give them more money as aid. This is the very problem 'more money' which is equivalent to 'printer going brrrr' -root cause of all problems. It almost seems we are in this death spiral and our generation will see worst of worst times in coming years.
I try to find optimism in pessimistic times in life but for the first time I feel there is only pessimism ahead of us.
My only hope is this project "BTC". Only hope!!
Edit: Nothing against any country or continent, but I am not from North America. Inflation is a global problem but when I read comments it is becoming too focused on US politics and to be honest I don't get the local references in your comments!!
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