Posts Tagged ‘Investment’
Knock Knock .. Inflation is biting us !!
Written by Vilveswaary MKesavamurthy on January 5, 2008 – 6:03 pmInflation is often related supply and demand and it hit us tremendously because the result is often an increase on higher prices for all the goods that we buy.Although some economist is giving different terms and views to define inflation correctly, we as Malaysian’s already feeling the pinch of it. This is even more when it comes to pensioner and daily wage earner, the phenomena is never ending. Let me give one simple example, in the year 1987 , price of Nasi lemak cost only RM0.20 cents ( Trust me) !! which is filled with egg,anchovies,Cucumber and sambals with wrapped banana leaf. But now just in 20 years the cost of the same nasi lemak with some quality degradation cost RM1.20 . May be in 20 years of now the same nasi lemak could cost RM5-6, I’m not surprised !! This had burn many malaysian’s pocket. No only that with Oil price increase , per barrel cost almost USD100 !!! Price revolution certainly needed to bring the price under control. Although some measures have been taken but it is just defeat the purpose, because the payroll never increases with acceptable percentage.
Tags: Economic, Inflation, Investment
Posted in Economy | 1 Comment »
