tag:blogger.com,1999:blog-17473688.post3833899000195997836..comments2024-03-29T13:25:57.689+08:00Comments on My Singapore News: The Good and Bad News of inflationChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-17473688.post-29364692410796037312011-02-27T21:20:49.027+08:002011-02-27T21:20:49.027+08:00honestly worried about inflation rates, esp with t...honestly worried about inflation rates, esp with the high amount of handouts in the budget this year; we are already close to full employment and current rates of inflation are already high. further stimulation of the economy is not necessary.<br /><br />having said that, i think the govt will be looking to raise taxes in the 2nd half of this year.<br /><br />wouldnt go so far so agree that OKLhttps://www.blogger.com/profile/02690110575860903343noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-16776943394111070962011-02-24T12:50:58.067+08:002011-02-24T12:50:58.067+08:00Keep an eye too on the velocity of money -- the gr...Keep an eye too on the <b><i>velocity</i> of money</b> -- the growth in "credit money" or <i>fiduciary media</i>.<br /><br />Credit money is the "bullshit" component -- not hard money, but just a number in a spreadsheet or an ink mark on paper stating that a sum of money is owed. Sooner or later this debt has to be paid...and either before or after the crash there is a mad Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-83053673685655645602011-02-24T12:36:48.349+08:002011-02-24T12:36:48.349+08:00Get used to it lah. Inflation is the name of the g...Get used to it lah. Inflation is the name of the game. Many sovereigns are going to default. Inflation is the way that <i>some</i> of these debts will eventually be paid -- the rest probably will be written off.<br /><br />Toward the end of the inflation cycle -- usually when the bond market kicks in -- is a spike in real interest rates -- because creditors finally get wise and see that their Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-51279108140728622532011-02-24T12:13:26.959+08:002011-02-24T12:13:26.959+08:00Really?
Good for who? The elites, the rich and th...Really?<br /><br />Good for who? The elites, the rich and the loaded foreigners, or the downtrodden? <br /><br />Affordable can mean borrowing to buy or pay but puts one deep in debt.<br /><br />Affordable can also mean buying or spending money, that one has not earned yet, and slogging through one's lifetime to pay back.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-26096682222189822442011-02-24T10:06:06.006+08:002011-02-24T10:06:06.006+08:00Not too bad really.
Higher property price- queue ...Not too bad really.<br /><br />Higher property price- queue earlier, days ahead to beat the others.<br /><br />Higher COE price- shows car owners are successful people.<br /><br />Higher medical fees mean our medical services are top class and why so many foreigners come here for treatments.<br /><br />The more expensive things become but are still affordable by the masses, the more it shows thatAnonymousnoreply@blogger.com