The government announced previously that our country's inflation rate is 3%.
I beg to differ!
Just take a simple example. Let's look at your daily wan tan mee price. Previously one plate of wan tan mee was selling at RM 3.50. Now, it is sold at RM 4! That's a 14% increase!
Previously, my mixed/economy rice was average RM 3.30. Now that fella charges me RM 3.60. That's almost 10% increase!
Previously one plate of carbonara that i used to eat was RM 9.90. Now it is RM 12.90! That's an enormous 30% increase!
So just simple calculations on our daily simply things can tell us the inflation rate. There was a report showing that the actual inflation rate of our country is actually 15%.
But why did our government say that our inflation rate is 3%? One reason is our FDI's are decreasing. They want more foreign investors, and also domestic investors to come in.
Wait until these FDI's find out that our inflation rate is actually around 14%, then kantoi lah our government!
Thursday, June 5, 2008
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