Listed below:
( Supply and demand: just like whether chicken come first or got egg first)
1. GST hike
2. High dense population
3. Global conflict such as Ukraine - Russia war, Israel - hamas war , mynamar civil war, south China seas , China - Taiwan tussles
4. Sanctions
5. Weather that affect the crop ( essential items eg such as rice and chicken reduce export)
6. Increase of workers pay
7. CDC voucher( chance for profiteer)
8. High rental ( Sg too small
9. Too expensive to attract foreign companies to Sg to create good job for the local
10. Over reliance on FT and technology
11. High Coe and high maintenance cost of infrastructure.
12. Bird flu and swine flu
What else please add on
?
(23-11-2023, 08:08 PM)Bigiron Wrote: [ -> ]Listed below:
( Supply and demand: just like whether chicken come first or got egg first)
1. GST hike
2. High dense population
3. Global conflict such as Ukraine - Russia war, Israel - hamas war , mynamar civil war, south China seas , China - Taiwan tussles
4. Sanctions
5. Weather that affect the crop ( essential items eg such as rice and chicken reduce export)
6. Increase of workers pay
7. CDC voucher( chance for profiteer)
8. High rental ( Sg too small
9. Too expensive to attract foreign companies to Sg to create good job for the local
10. Over reliance on FT and technology
What else please add on
?
Anymore to add
Inflation is the mismanagement of economy.
There are 5 major ways to create inflation.
Inflation means Garment takes the $$$ from the ppl
Deflation means Garment returns the $$$ to the ppl.
Economists are good at creating flowering words to cover up the bad policy implemented by lousy garment.
Eg. 中等收入陷阱。
(23-11-2023, 08:08 PM)Bigiron Wrote: [ -> ]Listed below:
( Supply and demand: just like whether chicken come first or got egg first)
1. GST hike
2. High dense population
3. Global conflict such as Ukraine - Russia war, Israel - hamas war , mynamar civil war, south China seas , China - Taiwan tussles
4. Sanctions
5. Weather that affect the crop ( essential items eg such as rice and chicken reduce export)
6. Increase of workers pay
7. CDC voucher( chance for profiteer)
8. High rental ( Sg too small
9. Too expensive to attract foreign companies to Sg to create good job for the local
10. Over reliance on FT and technology
What else please add on
?
v v high coe
often increase on fees n fares consistently
(23-11-2023, 08:08 PM)Bigiron Wrote: [ -> ]Listed below:
( Supply and demand: just like whether chicken come first or got egg first)
1. GST hike
2. High dense population
3. Global conflict such as Ukraine - Russia war, Israel - hamas war , mynamar civil war, south China seas , China - Taiwan tussles
4. Sanctions
5. Weather that affect the crop ( essential items eg such as rice and chicken reduce export)
6. Increase of workers pay
7. CDC voucher( chance for profiteer)
8. High rental ( Sg too small
9. Too expensive to attract foreign companies to Sg to create good job for the local
10. Over reliance on FT and technology
11. High Coe and high maintenance cost of infrastructure.
What else please add on
?
Updated
Slow response in rate hike.
(23-11-2023, 10:09 PM)Oyk Wrote: [ -> ]My granddaughter increases the rate
and the rest follows.
Say hi to Jo
Govt give CDC voucher , GST rebate yet they increase GST indirect also can contribute High cost , inflation itself.
why? Because some " greedy business owner, sellers will increase price again ride on GST hike and Govt handout of CDC voucher "
Origin , CDC voucher is to help business owner during Covi19 as many business owners facing losses some even force to close shop due to no much business etc .
but later Govt continue give so call " help needy due to global inflation " .
(23-11-2023, 08:53 PM)RiseofAsia Wrote: [ -> ]Inflation is the mismanagement of economy.
There are 5 major ways to create inflation.
Inflation means Garment takes the $$$ from the ppl
Deflation means Garment returns the $$$ to the ppl.
Economists are good at creating flowering words to cover up the bad policy implemented by lousy garment.
Eg. 中等收入陷阱。
Above is the truth !! They will say is wars, oil prices or blah blah. Truth is Govt made the prices.
Easiest way to steal from people is inflate Property Prices...
no amt of add-on suffice
we have reached the end
All rubbish lah. There is only one cause of inflation in sg and that is PAP.
Very simple, rental increase…the reason retail shops and food court stalls increase prices is because they can’t tahan rental increase, which shrinks their profit margin. If can slow down and control rapid rental increase, inflation will slow down.
Inflation is driven by rental increase…when rental goes up, everything will be pushed up.
Human’s greed causes inflation
(24-11-2023, 02:11 PM)lvlrsSTI Wrote: [ -> ]Inflation is driven by rental increase…when rental goes up, everything will be pushed up.
but 1 pap mp or minister did say rental increase do not cause prices to push up.
pap mp are the best n most able people lsl can find in spore!!
so is this a stupid or naive answer ?
(24-11-2023, 05:18 AM)lvlrsSTI Wrote: [ -> ]Very simple, rental increase…the reason retail shops and food court stalls increase prices is because they can’t tahan rental increase, which shrinks their profit margin. If can slow down and control rapid rental increase, inflation will slow down.
You forget Property. Govt keep building BTO flats so call claim a lot wanna own a flat of their own on surface but literally also can boast the inflation, GDP just like China already done and negative outcome now...lots of property no body buying it.
Our side is got people buy but literally is NOT for staying just PARK the BTO flat for years " some might be secretly rent out as long don't get caught .... "
GST
COE
HDP -HIGH DENSE POPULATION
PAP - The Mother of all inflation.
So you tell me , where the ending.
(24-11-2023, 04:28 PM)jus4lucky Wrote: [ -> ]GST
COE
HDP -HIGH DENSE POPULATION
PAP - The Mother of all inflation.
So you tell me , where the ending.
Yes, PAP is the root cause of all the high inflation factors including high rentals.
(24-11-2023, 04:29 PM)lvlrsSTI Wrote: [ -> ]Not sure which MP said that but I heard from a hair salon owner complain rental increase…her shop is very tiny like 30 sqm and monthly rental is $20k and that is just in a small neighbourhood mall not big shopping malls like Nex or Causeway Point you know.
one of my relative use to buy a shop later due to people never pay got cheated , he end up sold the shop. IF his shop still around he told me now he just rent out , shake leg no need do anything got 10k++ every month. Partly now that place the market price for all the shop rent there is around 10k++.
(23-11-2023, 08:08 PM)Bigiron Wrote: [ -> ]Listed below:
( Supply and demand: just like whether chicken come first or got egg first)
1. GST hike
2. High dense population
3. Global conflict such as Ukraine - Russia war, Israel - hamas war , mynamar civil war, south China seas , China - Taiwan tussles
4. Sanctions
5. Weather that affect the crop ( essential items eg such as rice and chicken reduce export)
6. Increase of workers pay
7. CDC voucher( chance for profiteer)
8. High rental ( Sg too small
9. Too expensive to attract foreign companies to Sg to create good job for the local
10. Over reliance on FT and technology
11. High Coe and high maintenance cost of infrastructure.
12. Bird flu and swine flu
What else please add on
?
Updated
(24-11-2023, 04:52 PM)Bigiron Wrote: [ -> ]看医生,看牙医,妳就知道厉害... 贫富悬殊啊... | TikTok
https://www.tiktok.com/@garygaryocp/vide...2932386056
The last uncle is cute troll the reporter.
But than who voted pap ??? Again and again
Even the current PE
Mostly are these elderly beside some young gen
Maybe plot twist now is a lot young gen vote Pap
(24-11-2023, 03:33 AM)Huliwang Wrote: [ -> ]All rubbish lah. There is only one cause of inflation in sg and that is PAP.
Don’t be like that lah.
Is all because our people are at faults lah.
Never once could I see it is pap’s fault lah.
Even big big countries have to come here to seek our leaders for advices.
This guy's fault.