1. SG Talk
  2. SG Talk
  3. Market Talk



Threaded Mode
Whoa! Singapore MAS Strengthening Singdollar to Fight Inflation
sporeguy

Guru
Reputation: 117
*****

 Posts: 1,782     Threads: 197     
Likes Received: 874 in 605 posts
Likes Given: 625
#1

14-04-2022, 10:54 AM
Chiong ar!

[Image: Screenshot-20220414-104001-Chrome.jpg]


[Image: Screenshot-20220414-103705-Chrome.jpg]
Find
Reply
Sticw

Supreme Guru
Reputation: 112
*******

 Posts: 5,873     Threads: 35     
Likes Received: 2,011 in 1,547 posts
Likes Given: 444
#2

14-04-2022, 10:57 AM
Ya I noticed the spike today..
Find
Reply
RiseofAsia

Supreme Guru
Reputation: 259
*******

 Posts: 21,356     Threads: 2,499     
Likes Received: 5,549 in 4,721 posts
Likes Given: 768
#3

14-04-2022, 11:18 AM
Flood gate closing…. Rotfl
No more free $$$.

[Image: A69-B7-DC4-548-C-40-A1-B07-F-281-BB1-A1-D06-E.jpg]
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
(This post was last modified: 14-04-2022, 11:24 AM by RiseofAsia.)
Find
Reply
Ernesto

Guru
Reputation: 51
*****

 Posts: 1,911     Threads: 56     
Likes Received: 674 in 522 posts
Likes Given: 206
#4

14-04-2022, 11:29 AM
What is the point when cost keep inflating within the country. Fight the currency ,still need money.The money still come from its people.Such a disgusting act.
[+] 1 user Likes Ernesto's post
Find
Reply
cityhantam

Supreme Guru
Reputation: 956
*******

 Posts: 46,526     Threads: 2,779     
Likes Received: 6,552 in 5,711 posts
Likes Given: 4,281
#5

14-04-2022, 11:44 AM
(14-04-2022, 11:29 AM)Ernesto Wrote:  What is the point when cost keep inflating within the country. Fight the currency ,still need money.The money still come from its people.Such a disgusting act.

Try to see the bigger picture.  Big Grin
Find
Reply
Oyk

Supreme Guru
Reputation: 33
*******

 Posts: 10,496     Threads: 33     
Likes Received: 1,351 in 1,209 posts
Likes Given: 2,556
#6

14-04-2022, 11:44 AM
(14-04-2022, 11:29 AM)Ernesto Wrote:  What is the point when cost keep inflating within the country. Fight the currency ,still need money.The money still come from its people.Such a disgusting act.

You stopped schooling after Sec 4?

Never went to pre-U and so, never studied Economics?

Seems pretty obvious from your simplistic post....
Find
Reply
Sticw

Supreme Guru
Reputation: 112
*******

 Posts: 5,873     Threads: 35     
Likes Received: 2,011 in 1,547 posts
Likes Given: 444
#7

14-04-2022, 12:12 PM
Likely only Elon has the money to counter short if he wants. But most people will not challenge a govt. So far in history only Soros managed to do so eons ago.. lol
Find
Reply
singlon

Supreme Guru
Reputation: 151
*******

 Posts: 15,201     Threads: 1     
Likes Received: 3,126 in 2,938 posts
Likes Given: 81
#8

14-04-2022, 12:22 PM
In the river of Babylon where the Harlot has fallen can SGD swims well?
[Image: Screenshot-from-2022-04-11-11-08-24.png]


[Image: Screenshot-from-2022-04-12-11-04-03.png]
Find
Reply
singlon

Supreme Guru
Reputation: 151
*******

 Posts: 15,201     Threads: 1     
Likes Received: 3,126 in 2,938 posts
Likes Given: 81
#9

14-04-2022, 12:24 PM
Rivers of Babylon
https://youtu.be/l3QxT-w3WMo
Find
Reply
Huliwang

Supreme Guru
Reputation: 158
*******

 Posts: 10,907     Threads: 10     
Likes Received: 3,218 in 2,513 posts
Likes Given: 1,093
#10

14-04-2022, 12:26 PM
Like that means interest rate will be forced down. So those with Housing loans no worries?....... Thinking
 Thinking is difficult, that's why most people judge
                    Carl Jung
Find
Reply
RiseofAsia

Supreme Guru
Reputation: 259
*******

 Posts: 21,356     Threads: 2,499     
Likes Received: 5,549 in 4,721 posts
Likes Given: 768
#11

14-04-2022, 12:35 PM
(14-04-2022, 12:26 PM)Huliwang Wrote:  Like that means interest rate will be forced down. So those with Housing loans no worries?....... Thinking

It means they are busy buying back Sing$ in the market, market will have lesser Sing$….Sg rate will go up!
Mortgage loan will have more bad debt….
Property Flippers will struggle and panic…

Banks will employ debt collectors to collect bad loan…
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
(This post was last modified: 14-04-2022, 12:38 PM by RiseofAsia.)
[+] 1 user Likes RiseofAsia's post
Find
Reply
singlon

Supreme Guru
Reputation: 151
*******

 Posts: 15,201     Threads: 1     
Likes Received: 3,126 in 2,938 posts
Likes Given: 81
#12

14-04-2022, 12:35 PM
song continues
https://youtu.be/16y1AkoZkmQ?list=RDEMIh...YW-UzNEa1A
Find
Reply
cityhantam

Supreme Guru
Reputation: 956
*******

 Posts: 46,526     Threads: 2,779     
Likes Received: 6,552 in 5,711 posts
Likes Given: 4,281
#13

14-04-2022, 12:42 PM
(14-04-2022, 12:26 PM)Huliwang Wrote:  Like that means interest rate will be forced down. So those with Housing loans no worries?....... Thinking

I think interest rate will go up. 

Otherwise it will be very difficult to maintain the strength of SG$
Find
Reply
singlon

Supreme Guru
Reputation: 151
*******

 Posts: 15,201     Threads: 1     
Likes Received: 3,126 in 2,938 posts
Likes Given: 81
#14

14-04-2022, 12:44 PM
[Image: Screenshot-from-2022-04-14-12-44-19.png]
she has fallen will the Gang of 5 slits her throat dat the answer
(This post was last modified: 14-04-2022, 12:46 PM by singlon.)
Find
Reply
Huliwang

Supreme Guru
Reputation: 158
*******

 Posts: 10,907     Threads: 10     
Likes Received: 3,218 in 2,513 posts
Likes Given: 1,093
#15

14-04-2022, 12:46 PM
(14-04-2022, 12:42 PM)cityhantam Wrote:  I think interest rate will go up. 

Otherwise it will be very difficult to maintain the strength of SG$
But Singlon hanging around hinting you wrong leh...... Big Grin
 Thinking is difficult, that's why most people judge
                    Carl Jung
[+] 1 user Likes Huliwang's post
Find
Reply
singlon

Supreme Guru
Reputation: 151
*******

 Posts: 15,201     Threads: 1     
Likes Received: 3,126 in 2,938 posts
Likes Given: 81
#16

14-04-2022, 12:47 PM
[Image: Screenshot-from-2022-04-14-12-47-29.png]
Find
Reply
cityhantam

Supreme Guru
Reputation: 956
*******

 Posts: 46,526     Threads: 2,779     
Likes Received: 6,552 in 5,711 posts
Likes Given: 4,281
#17

14-04-2022, 12:48 PM
(14-04-2022, 12:46 PM)Huliwang Wrote:  But Singlon hanging around hinting you wrong leh...... Big Grin

Singlon keeps forgetting to take his medicines!  Tongue
[+] 1 user Likes cityhantam's post
Find
Reply
singlon

Supreme Guru
Reputation: 151
*******

 Posts: 15,201     Threads: 1     
Likes Received: 3,126 in 2,938 posts
Likes Given: 81
#18

14-04-2022, 12:49 PM
https://youtu.be/l3QxT-w3WMo
Khazaria(khazarian mafia) calling
(This post was last modified: 14-04-2022, 12:50 PM by singlon.)
Find
Reply
Huliwang

Supreme Guru
Reputation: 158
*******

 Posts: 10,907     Threads: 10     
Likes Received: 3,218 in 2,513 posts
Likes Given: 1,093
#19

14-04-2022, 12:50 PM
(14-04-2022, 12:48 PM)cityhantam Wrote:  Singlon keeps forgetting to take his medicines!  Tongue

Laughing
 Thinking is difficult, that's why most people judge
                    Carl Jung
Find
Reply
cityhantam

Supreme Guru
Reputation: 956
*******

 Posts: 46,526     Threads: 2,779     
Likes Received: 6,552 in 5,711 posts
Likes Given: 4,281
#20

14-04-2022, 12:52 PM
(14-04-2022, 12:50 PM)Huliwang Wrote:  Laughing

https://www.channelnewsasia.com/commenta...ge-2619631

In Singapore, an increase in SORA – the main benchmark for floating loan rates in the Singapore dollar – is expected to follow the US rate hike, though not necessarily in lockstep as the magnitude of increase may vary.

This has generally been the case. Previous peaks in US interest rates in 2000, 2006 to 2007 and 2019 saw similar trends in Singapore rates at a smaller scale.
(This post was last modified: 14-04-2022, 12:53 PM by cityhantam.)
Find
Reply
Huliwang

Supreme Guru
Reputation: 158
*******

 Posts: 10,907     Threads: 10     
Likes Received: 3,218 in 2,513 posts
Likes Given: 1,093
#21

14-04-2022, 12:56 PM
(14-04-2022, 12:52 PM)cityhantam Wrote:  https://www.channelnewsasia.com/commenta...ge-2619631
That is correct if MAS dun strengthen the Sing dollar. Now they intervened by strengthening the currency so that will keep the interest rates down. That's my layman's understanding.... Tongue
 Thinking is difficult, that's why most people judge
                    Carl Jung
Find
Reply
Ernesto

Guru
Reputation: 51
*****

 Posts: 1,911     Threads: 56     
Likes Received: 674 in 522 posts
Likes Given: 206
#22

14-04-2022, 12:57 PM
(14-04-2022, 11:44 AM)Oyk Wrote:  You stopped schooling after Sec 4?

Never went to pre-U and so, never studied Economics?

Seems pretty obvious from your simplistic post....

Economic is bullshit. All were created and taught  by man.
[+] 1 user Likes Ernesto's post
Find
Reply
singlon

Supreme Guru
Reputation: 151
*******

 Posts: 15,201     Threads: 1     
Likes Received: 3,126 in 2,938 posts
Likes Given: 81
#23

14-04-2022, 12:58 PM
Gang of 5
[Image: Screenshot-from-2022-04-11-11-33-20.png]
remember when it comes to Russia due to her size she can play both ways Inflation/deflation

[Image: Screenshot-from-2022-04-11-02-09-26.png]
ENERGY gives prosperity dat's ALL!
she a sink like the sea cooling Tuas power
(This post was last modified: 14-04-2022, 01:00 PM by singlon.)
Find
Reply
cityhantam

Supreme Guru
Reputation: 956
*******

 Posts: 46,526     Threads: 2,779     
Likes Received: 6,552 in 5,711 posts
Likes Given: 4,281
#24

14-04-2022, 01:02 PM
(14-04-2022, 12:56 PM)Huliwang Wrote:  That is correct if MAS dun strengthen the Sing dollar. Now they intervened by strengthening the currency so that will keep the interest rates down. That's my layman's understanding.... Tongue

Two prong approach. 

Currency cannot be too strong to dampen exports. 

Interest cannot be too high to dampen business activities.
[+] 1 user Likes cityhantam's post
Find
Reply
sporeguy

Guru
Reputation: 117
*****

 Posts: 1,782     Threads: 197     
Likes Received: 874 in 605 posts
Likes Given: 625
#25

14-04-2022, 01:29 PM
(14-04-2022, 12:48 PM)cityhantam Wrote:  Singlon keeps forgetting to take his medicines!  Tongue
Agreed! Sometimes I wonder what Singlon was trying to say ... I just couldn't follow! Like out of topic or not in sync with the thread topic!
(This post was last modified: 14-04-2022, 01:30 PM by sporeguy.)
[+] 1 user Likes sporeguy's post
Find
Reply
singlon

Supreme Guru
Reputation: 151
*******

 Posts: 15,201     Threads: 1     
Likes Received: 3,126 in 2,938 posts
Likes Given: 81
#26

14-04-2022, 03:04 PM
[Image: Screenshot-from-2022-04-14-15-02-10.png]

Nevermind u can ask me to eat medicine
Babylon Babylon the Harlot has fallen.
No standard dares to ask me eat medicine.
when gold and silver become MONEY int is normally 3% max why?
U know?
Don't know take medicine u lah.
(This post was last modified: 14-04-2022, 03:06 PM by singlon.)
Find
Reply
RiseofAsia

Supreme Guru
Reputation: 259
*******

 Posts: 21,356     Threads: 2,499     
Likes Received: 5,549 in 4,721 posts
Likes Given: 768
#27

14-04-2022, 06:01 PM
Always remember you need to pay back what is given…This is I Ching.

Easy policy will be followed by tighten policy.
Easy for so long will be tightened for so long…
Nobody can escape. Human always biased, making the same mistake again and again and expecting different result.

Can’t imagine Sg rate hike to 5%…
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
(This post was last modified: 14-04-2022, 06:05 PM by RiseofAsia.)
Find
Reply
mikotan

Guru
Reputation: 12
*****

 Posts: 1,724     Threads: 0     
Likes Received: 422 in 352 posts
Likes Given: 20
#28

14-04-2022, 06:10 PM
got into this mess after we join the sanctions against russia. so silly.
Find
Reply
Notdumb

Supreme Guru
Reputation: 130
*******

 Posts: 5,295     Threads: 114     
Likes Received: 1,897 in 1,496 posts
Likes Given: 51
#29

14-04-2022, 07:36 PM
(14-04-2022, 06:10 PM)mikotan Wrote:  got into this mess after we join the sanctions against russia. so silly.

U think they care?
Whatever they do is to protect their obscene salaries nothing else matter.
[+] 1 user Likes Notdumb's post
Find
Reply
cityhantam

Supreme Guru
Reputation: 956
*******

 Posts: 46,526     Threads: 2,779     
Likes Received: 6,552 in 5,711 posts
Likes Given: 4,281
#30

15-04-2022, 12:26 AM

MAS tightens monetary policy for third time in 6 months

.
.
Find
Reply
« Next Oldest | Next Newest »


Forum Jump:


Users browsing this thread: 1 Guest(s)