[IMG Source] |
[IMG source] |
A repository for relevant news of the day- for the purpose of personal record, reference as well as critical commentary.
Please lah, the CPI stats is produced by the very ppl who cause inflation. You must be damn naive to believe the inflation figures.
Its a open secret that CPI is many times lower than real inflation. You want real inflation figures, go MAS website, see M1 money supply since 2000. In last 12 years, SGD has lost 75% of value.