In Pursuit of Life, Liberty and Laughter
Little boxes on an island, Little boxes made of ticky-tacky, There's a green one and a pink one and a blue one and a yellow one and they're all made out of ticky-tacky and they all look just the same. And the people in the houses All go to the university, And they all get put in boxes, Little boxes, all the same. And there's doctors and there's lawyers and business executives, and they're all made out of ticky-tacky and they all look just the same.
Posted on Monday, February 4, 2008

Even Higher Inflation?!

Written by Yane at 11:28 PM
Even Higher Inflation in 2008 for Singapore?!

PM Lee sees a 5% inflation rate or even higher this year! As if last year 2% wasn't high enough.(i thought last year was 5% already! psss. Last december inflation ended at 4.4%! Beginning of last year started with close to 4%. How could it be 2%????)
As if food prices wasn't high enough. As if cab prices wasn't high enough! As if everything else in Singapore wasn't high enough!

How the heck are we to survive? Well, PM Lee gave a "good" piece of advice - buy cheaper house brands. HAHAHA. What a joke. He added that our products are imports so we should diversify them. As if we didn't know singapore has nothing and rely everything on imports!

Furthermore, how much MORE could you save by buying cheaper stuff? We might as well eat GRASS! Oh wait.. Singapore doesn't have much plain grass fields left. We have to eat MUD COOKIES.

Let me tell you. Singapore Central Bank isn't doing a good job to curb inflation. By allowing SGD to appreciate quicker it can help with the inflation. Then again, we are too reliant on the US economy. So the MAS would tighten monetary policy. Tight monetary policy = no appreciation of SGD = high inflation.

I have justified my stand.
Case closed.

At the rate Singapore inflation is going i might be very well relieved to leave Singapore. (upon graduation of course)