Five thoughts, ideas, insights, or quotes to power up your mind to think differently and creatively about life and who we are. Put all previous thinking away and open up a brand new world of the Supermind. YOUR SuperMind.
This week – Cost of Living.
Many things typify current life on Earth. Some have been around for a while, some are only recent. And the prime one among the recent is the cost of living. Not a week goes by without some product, service, or bill going up….and continuing to do so. It’s been a very long time since so many people at all levels are experiencing such financial challenge like this.
As such, SuperMind Saturday thinks we should get our minds round this contemporary concern.
1. World Worries.
Most countries have experienced periods of heightened inflation. Times when costs rose sharply far beyond incomes. Most of these were individual national cycles of expansion and reduction in the economy. One nation struggling, others more prosperous. Those days are in the rear view mirror nowadays. Due to bad management (or greed) by financiers, they have made it a cross world problem. Everyone gets the squeeze.
Is it time to return to national economic management? Should sharing debts and investments internationally by banks be banned or highly limited to protect vulnerable economies?
2. Living Beyond our Means?
The cost of purchasing every items like bread, butter, and milk have increased. So too the price of our energy and utility bills. But, look a little deeper and there is other spending people are making other than household outlays. In previous downturns that lifted inflation people cut their coat according to their cloth i.e. living within their means. No spending on what they really didn’t need. Not today. People still expect new clothes, meals out, holidays, social trips. What used to be luxuries are now classed as the norm.
Are we living beyond our reasonable means? Has the costs of living been replaced by the costs of pleasure and fun?
3. No Shrinkflation Profits.
Shirinkflation. A term that never existed ever until that last few years. It refers to how companies shrink the size of the product but still charge the same money (and even more in some examples). The price has effectively risen for the consumer while the producer gains in revenue and less production expense. It often makes the news especially in relation to big brand firms and supermarkets. During the last few years profits for some of these has increased through this practice. But they never tell us, they slip it onto the shelves all hush hush.
How do we protect the consumer from this underhand behaviour? Could we force companies to declare their shrinkflation items in advance so shoppers can make an informed choice?
4. Who is Paying For All This?
The world isn’t built on credit anymore. It’s built and held up by debt. Millions upon millions of citizens owe money on mortgages, credit cards, and other bills. Desperate to try and survive they have had to roll up debt to keep a house over the head and live there sufficiently. Debt used to be viewed as a bad thing. It appears it’s the very opposite in 2025. Debt is a normal function of economic behaviour. That’s a dangerous 180 flip.
Because if everyone owes, who is really paying for it? And what if they can never cash in? Is it all one big massive financial black hole that no-one wants to actually admit exists?
5. The True Cost of Living.
Poverty used to be a thing of the past. A historical social issue overall. That has begun fast reversing. Hard working people and families are being drawn into poverty because everything increases in prices but wages fall further behind. People who would never experience financial hardship in days gone by, find themselves in that predicament. So, some simple but profound questions….
Where are we going as a world when people can’t support themselves or family despite working flat out and to the bone? What direction do those in power really think we are going???
PLEASE SHARE YOUR THOUGHTS AND IDEAS BELOW!
Ok, that wraps up another SuperMind Saturday. Thank you for being here for the SuperMind time. Keep thinking about these through the week to open up more of your mind and its potential. Consider more, generate ideas more, think on bigger possibilities more, activate your connection to your personal higher mind. Employ your SuperMInd and Super Think. You have more answers and ideas than you ever previously thought possible!!
See you next time for more super thinking.
Photo attribution – Free to use under Pixabay Content License by Peggy_Marco.
