Not sense but cents! That's right. All the financial talk around the world these days is inflation inflation inflation. They are even saying back in my home country we are having a "cost of living crisis"....ya know, on top of every other crisis.
I was even listening to an interview today from Stansberry Research, and the interviewer (Danielle Cambone) started off by saying she just paid twelve bucks for four rolls of toilet paper! That's when I almost chocked on my forty baht lunch which is about $1.10.
High energy prices and out of control money printing are putting the squeeze on basically the entire global population. But if you're an American in Thailand exchanging dollars for baht to live your life, then you are by default a genius investor!
While the world is complaining about the cost of living going up. The cost of living for us Americans in Thailand has gone down about 15% since February of last year. The dollar just broke out to the upside and looks as if life is going to get even cheaper for us Americans in Thailand as the fed continues to raise rates.
Meanwhile Thailand has capped the price of diesel, food inflation is almost unnoticeable, and rental prices all over the country are still down due to covid and lack of visitors to Thailand.
Image credit: tradingview.com.....To help some understand better what you are looking at; this is a weekly chart of the US Dollar vs the Thai Baht. The dollar has gone up in value against the Baht about 15% since the lows back 14 months ago.
Honestly, I almost feel guilty when I hear about people working fifty hours a week making 4k a month just to scrape by back in the states. Meanwhile I'm on the 24th floor of a four star condo with pool and gym a half mile from the beach; for now less than four hundred dollars a month! Like wow, used to be about $460 not long ago which is still pretty ridiculous compared to the western world, and that includes wifi, cable TV, and utilities.
"GO WHERE YOU ARE TREATED BEST!"
A quote that really says it all made famous by the "Nomad Capitalist" Andrew Henderson. So yes, world travel for me has been as much about "going where I'm treated best" as it has been about exploring the world and enjoying the adventure that comes with it.
Talk about being spoiled rotten and "treated best"; here in Thailand a year ago I could get an hour long Thai massage for as little as five dollars an hour. Now it's down to as little as $4.25 cents! Yikes....again I'm kind of feeling good and bad at the same time. At least I always leave a tip, which often is not even expected.
So yes, it absolutely makes sense and cents to currently be an American in Thailand, and there are some well known names on this platform that I'm sure can relate. For those looking to make some major changes in their life I'll leave you with this...
Tomorrow is the first day of the rest of your life and it's never to late to be the change you are looking for.
-Dan "World Travel Pro!"
Hey. I started out here a couple years go, but I went back to HIVE after HIVE started to climb up to $1USD. Coming back here again because of all that authoritarianism going down on the platform. Particularly the stuff you've been saying brought me back over here.
If you know any developer accounts here or discord channels I can follow, I'd appreciate you tagging them here for me.
That is great. Everyday I get some kind of message like this on one app or another. So glad I'm able to help people get off that sinking ship. Blurt is ready for some very steady healthy growth, so happy you are interested to be apart of that and I also just check out blog. You literally do magazine quality photography! Very impressive. Looking forward to supporting you work. I just followed you.
As requested these are the devs/witnesses to follow. megadrive is the more active of the two founders of blurt.
@saboin, @megadrive, @zihidsun, @rycharde, @tekraze, @eastmael, @kamrankploy, @imransoudagar, @randula, @bestikizo, @freakeao are the ones to follow in my opinion.
Blurt official discord is the name of the discord server.
Hope this helps and have a great day!
You don't believe how much we have to pay for living in Sri lanka.😅.. Comapring to $ value, It's pretty cheap. But with the salaries which people got, It's really not easy to live here.
After traveling the world now half my entire life. It is clear this is the global design. Totally sick, keep people on the hamster wheel, busy, exhausted and too occupied working to really enjoy their lives fully. They are currently inflating away the middle class all over the world, Very very sad. Honestly I really can't think of a country where the wages really overcome living expense. Rich country or poor country, things just don't balance out like they used. You make a lot of money in Germany for example but cost of living and taxes are so high you don't live as well as most would expect, and so on and so on. Ofcourse some countries are worse than others. But it's a real sad state of affairs across the globe. I recall just after WWII learning that a janitor in the US could support a wife that stays home and takes care of the kids with a house and car. Now that same job you need a roommate to share the rent to avoid being homeless. It's a total travesty. Why I've chosen to live my life in countries where I can use this salary/expense ratio to my advantage. If I were to go back and live in the US. I'd immediately go from upper class in Thailand to lower class in the US, and my quality of life would fall off a cliff.
Yes, the world is going crazy right now...
Congratulations, your post has been curated by @r2cornell-curate. Also, find us on Discord
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the tiger bit you, hahaha