04-10-2024, 01:07 PM
04-10-2024, 01:33 PM
Inflation may be caused by factors beyond govt control i.e. supply chain disruptions, natural disasters or increased demand for goods and services. Govts contribute to inflation when they spend more than they earn through taxes and resort to printing money or borrowing heavily. This increases the money supply and devalues the currency, leading to inflation. While intended to protect consumers, price controls may create shortages and drive up prices in the black market. Tariffs and import quotas increase the cost of goods, affecting consumer prices. If central banks are too slow to raise interest rates when inflation is rising, they can allow prices to spiral out of control. In S'pore's case, our govt has caused inflation through overcrowding which drives up the price of homes, rental, business costs, cars, food and just about everything else. When too many people compete for a limited supply of goods and services, prices will skyrocket.
04-10-2024, 01:39 PM
Pap policy that pushed up population density that cause prices to rise disproportionate to other causes.
It is wrong to say its due to supply chain natural disaster etc because prices here are much higher than elsewhere....they too face the same externals but did not experience the same prices as singapore.
It js all bullshit when PAP claims ot wants you bring down housing prices to improve affordability when they are actually bring the population up to record levels pushing Ip demand for housing. Any person knows hat increasing demand causes prices to increase...so how can their promise be real.
It is wrong to say its due to supply chain natural disaster etc because prices here are much higher than elsewhere....they too face the same externals but did not experience the same prices as singapore.
It js all bullshit when PAP claims ot wants you bring down housing prices to improve affordability when they are actually bring the population up to record levels pushing Ip demand for housing. Any person knows hat increasing demand causes prices to increase...so how can their promise be real.
04-10-2024, 01:52 PM
(04-10-2024, 01:39 PM)sgbuffett Wrote: [ -> ]Pap policy that pushed up population density that cause prices to rise disproportionate to other causes.
It is wrong to say its due to supply chain natural disaster etc because prices here are much higher than elsewhere....they too face the same externals but did not experience the same prices as singapore. It js all bullshit when PAP claims ot wants you bring down housing prices to improve affordability when they are actually bring the population up to record levels pushing Ip demand for housing. Any person knows hat increasing demand causes prices to increase...so how can their promise be real.
I am afraid you did not read my earlier post correctly. Go back again and see where you were confused, misunderstood and misinterpreted what I wrote. I was pointing out some of the reasons for inflation in general, before focusing on S'pore where I clearly pointed out the causes of inflation in our country.
05-10-2024, 09:08 AM
Got contradicting statement in his speech if you listen carefully
05-10-2024, 10:37 AM
1. Body very stiff
2. Rocking front and back
3. Turtle neck effect
4. A little bit back humping( so call turtle neck effect)
5. Certain part contradicting speech if listen carefully.
6. Emphasis on COVID performance
Over all with some pictorial and chart summary: not confident
2. Rocking front and back
3. Turtle neck effect
4. A little bit back humping( so call turtle neck effect)
5. Certain part contradicting speech if listen carefully.
6. Emphasis on COVID performance
Over all with some pictorial and chart summary: not confident
05-10-2024, 10:45 AM