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inflation

  1. bic_cherry

    "Inflation is good for the economy" theory: pure bollocks I say!

    "Inflation is good for the economy" theory: pure bollocks I say! I think that inflation (the increasing price of a fixed basket of goods) represents either government corruption or some corrupt leak in the economic bucket whereby due to additional costs (e.g. Increased Corruption/ increase...
  2. bic_cherry

    Medishield life premiums now compulsory/ increase to help SG govt save money?

    Medishield life premiums now increase/ compulsory to help SG govt save money?-- (because govt medifund costs/expenses getting too high)? Currently, those over 90 years old (& those with pre-existing illnesses) are not eligible (/pay higher premiums) for medishield and so ostensibly might appeal...
  3. bic_cherry

    IMF tells Singapore government, pls do not print so much money.

    IMF tells Singapore government to steal less money from ordinary citizens IMF tells Singapore government to steal less money from ordinary citizens. Basics: - Every country govt prints money, its just a matter of more or less. All things being equal (productivity and consumption of each...
  4. bic_cherry

    Mindless money printing- the S$308.4032B reason why Singapore inflation is so high to

    Mindless money printing- the S$308.4032B reason why Singapore inflation is so high nowadays. According to video 'Causes of inflation: Cost-push and demand-pull'[YouTube] Cost push inflation is input cost inflation caused by land, labour, capital, entrepreneurship- any increase in the cost of...
  5. bic_cherry

    CPF OA should loosen current 10% limit for investment in gold ETF/bullion/ UOB accoun

    CPF-OA should relax 10% limit for investment in gold ETF/bullion/ UOB etc "The survey's composite five-year-expectation is 4.97 per cent - just below the 5.2 per cent predicted in the survey in September. "(see report: 'Singapore's inflation may remain elevated for years to come: survey')...
  6. bic_cherry

    [ForbesIndia/ Inflation]: 'Why It Makes Sense To Buy Gold'

    QFT: 'Why It Makes Sense To Buy Gold' Good article by fund mgr (managing USD150M); article prob written for India audience, but facts about money printing aka Quantitative Easing (QE) initiated by the US FED remain relevant to the citizens of EVERY OTHER export dependent economy- competing to...
  7. bic_cherry

    Money printing (/borrowing) by Singapore government- how much is too much?

    Money printing (/borrowing) by Singapore government- how much is too much? Briefly, M1= printed SGD in circulation + some more, M3= quasi money= everything including government bonds (treasuries) etc (people will pay U money for these at whatever is market rate(much is sold to CPF so Temasek...
  8. bic_cherry

    Why CPI might fail to capture the true rate of Inflation in Singapore.

    Why CPI might fail to capture the true rate of Inflation in Singapore. Hi Gamer, tks for reply, Just to be more technically correct, the M1 inflation rate U stated as 400% (over 12 years) should be corrected to approx say 12.2% on a per annum basis. The reason why CPI did not capture an...
  9. bic_cherry

    When the banks fail, Singapore will surely follow suit....

    When the banks fail, Singapore will surely follow suit.... [emphasis in quote mine] Zimbabwe borrowed $$$ thinking that their GDP will balloon so much, they'd easily return the foreign currency that they borrowed, Greece I believe thought the same. Zimbabwe ended up printing Z$ with the...
  10. bic_cherry

    CNA Talking pt the vote [11Dec2012]: Is Your CPF enough?

    Talking pt the vote [11Dec2012]: Is Your CPF enough? [pict link if U cannot see] Now on 'live': http://www.channelnewsasia.com/tp/ . Singaporeans entering the workforce today will have enough savings in their Central Provident Fund (CPF), so says a Ministry of Manpower report. There are some...
  11. bic_cherry

    'Interest rate' solution to property price inflation- an illusion/ systematic decepti

    'Interest rate' solution to property price inflation- an illusion/ systematic deception? Firstly, the general definition of inflation is "The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling." [source: investopedia]...
  12. bic_cherry

    [ST forum]: Protect CPF savings from inflation

    The Straits Times; Published on Mar 8, 2012 Protect CPF savings from inflation TO ENSURE the adequacy of retirement funds, Central Provident Fund (CPF) members should consider their 'real' returns on CPF savings, after subtracting inflation, which reduces future purchasing power ('CPF Life...
  13. bic_cherry

    ST: The dollars and sense of inflation

    The dollars and sense of inflation Source: The Straits Times© Singapore Press Holdings Limited. Author: Aaron Low; 01Feb2012 IF THE latest report card on inflation in Singapore could be summed up in one word, it would simply be this: confusing. For most of last year, inflation was uppermost...
  14. bic_cherry

    A Simple dichotomy to understand the 2 principle causes of inflation.

    A Simple dichotomy to understand the 2 principle causes of inflation. Just by my simple observation, though I'm no qualified 'economist'. Firstly, the definition of inflation [wiki]: "In economics, inflation is a rise in the general level of prices of goods and services in an economy over a...
  15. Hans168

    Grow & Share Payout

    Why grow n share? What payout??? Most money gets dumped into CPF account where it can only retrieve it after you DIE! Also by locking it in CPF, you are funding Ho Ching's foray into mega deals - rememeber Citibank, UBS, ad infinitum. AND your CPF money loses value to 5% inflation rate ( vs 2...
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