tag:blogger.com,1999:blog-17473688.post2647296776552207148..comments2024-03-28T17:31:22.152+08:00Comments on My Singapore News: The unfathomable depth of intelligenceChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-17473688.post-33863881001358841272010-03-17T16:42:31.287+08:002010-03-17T16:42:31.287+08:00The central banks of most countries are engaging i...The central banks of most countries are engaging in what is known as "competitive inflation" in order to "be comprtitive". This is one reason for inflation, but not the only reason.<br /><br />Supposing country A inflates. Country B is a customer of A. Therefore B in terms of its own currency, B pays <b>less</b> for goods bought from A.<br /><br />However B's exports are Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-27471399010214071092010-03-17T16:40:29.519+08:002010-03-17T16:40:29.519+08:00the income gap between rich and poor is still affo...the income gap between rich and poor is still affordable, <br />no one has starved to death.<br /><br />singapore is still net importer of maids and FWs, inflow of human traffic far exceeds the outflow.<br /><br />no worries, still looking good.Anonymousnoreply@blogger.com