What is causing this?
The cost of living is caused primarily by pollution, overpopulation, Global Climate change (because you cannot predict with any certainty whether you are going to get rain, or floods or droughts anywhere on earth).
The cost of borrowing money increasing is caused by all the nations of the world borrowing money from each other's banks.
As nations borrow more and more money to be able to deal with natural and man made disasters, this then dries up money needed by average people to buy cars, homes, businesses or whatever. Then then increases the costs of everything including food worldwide. This then causes the poorest to starve to death more and more around the world, especially during droughts, floods, hurricanes, fires and other natural disasters and wars.
Wars also drive up the cost of loans as well when countries borrow large amounts of money to buy weapons because weapons only cause deaths, they don't educated children (the just kill children), they don't build dams or hydroelectric plants (they just blow them up and flood the people nearby), they don't build roads (they just blow up roads and bridges during war times around the world.
You can look at our mess of infrastructure right now in the U.S. and point to crumbling bridges and roads, blowing up gas mains, broken water pipes 50 to 100 years old, and many deaths across our nation directly attributed to the wars we have now been in since 9-11.
The 11 trillion dollars spent on wars since 9-11 have basically destroyed the infrastructure of America completely and made it the laughing stock of the civilized world.
If you travel around the civilized and developed world you will begin to notice just how bad our infrastructure is compared to most other developed nations now on earth both in Asia and Europe and in South America.
Because of overpopulation and less and less useful tillable land for farming worldwide I fully expect cost of living and borrowing expenses to continue to grow until only the top 20% of the world (income wise) can continue to buy food and live and stay alive at all.
We are going to see this happen more and more this century worldwide.
This is likely to spark food riots and food wars during this century of those who are willing to fight to stay alive and have decent food to eat.
To the best of my ability I write about my experience of the Universe Past, Present and Future
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