30-08-2022, 05:38 PM
(28-08-2022, 03:46 AM)victortan Wrote: what can 3.5% do to an inflation of 7% to 8%.. govt said only 4%. my foot,
chicken rice go up by 50c to 1$ is that 4%.
egg pasar go up to 4.35 from 3.6 is that 4%..
what a joke? u ppl fall in love with 3.5% FD especially smart investor like Sgbuffet
You seem to be very selective with statistics, or are utterly ignorant in the subject.
Say your monthly expenditure consist of:
Item A = 8% increase on which you spend $300
Item B = 1% increase on which you spend $1000
Now turn it around:
Item A = 8% increase on which you spend $1000
Item B = 1% increase on which you spend $300
Which one hurts you more?
All your examples are about food. How many meals do you eat a day?
Quoting only food is not a good basket of goods. Don't be like Sentinel and that Bustarddog.