Price of bread kills high school student
One of the biggest hallmarks of a stable society is the price of bread. The price of bread is a good barometer on the true wealth of a people. It is one of the most heartiest foods people eat and people can survive a long time on just this stuff alone. It was bread price rises in the 1770s that eventually gave rise to the French Revolution and Nepoleon Bonaparte. It also was a catalyst for the continuance of the American Civil War back in 1863.
Nothing has really changed as far as this goes in 2018. Let's go to Sudan where the government said due to inflation concerns it could no longer subsidize the price of flour. This led to the price of flour doubling and then some overnight. Now areas of Sudan the price of bread is now $25 how on Earth can a family survive. The people are taking to the streets chanting "No, no more price rises". Even though the protests thus far has been peaceful there has been one death and six injured so far.
History has also told us that with societal unrest comes a political crackdown and this isnt any different. Opposition leader with a lot of support Omar Al-Dageir was arrested in for suspicion that he organized the protests. In reality this is just a method of silencing political opposition. The government also forcibly tried to prevent this story from getting out and tried to intimidate the six major newspapers into not reporting on the food price increase and the food riots.
When the fiat currency is unstable because its a inflationary currency meaning they just print more money causing its value to decrease this is what it leads to. The deflationary principles of cryptos is the single most important thing about them. You know that as time goes on the value of them increasesas long as there is demand because you can't make more of coin X. These people right now would probably do anything to get their hands on something like bitcoin. This is an example of what can happen anywhere.
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