Tuesday, July 01, 2008

How Much is A Tin Of Glucolin?


About a couple of months back, it was about RM8++.

Now, it cost me RM10.90 (at Giant).

What is happening to our beloved country?

No wonder so many people leaving for a better opportunity elsewhere.


Related comments taken from CheDet.com :

"But the Government is still talking about 5%-7% inflation. This is quite meaningless to lower and middle-income people who must pay 40% more for petrol and 100% more for rice. Other necessities too have increased in price by well over 5%-7%. Stopping price control in the belief that the market will determine prices is imprudent."

"One of the reasons why Malaysia's inflation rates had remained low compared to other developing countries and even some developed countries is the control over prices of essential goods. Without control there will always be profiteering. And profiteering will result in a high rate of inflation."

"Today wage earners in particular are suffering. Wages have not increased to compensate for increased cost of living. While chasing prices with increases in wages can cause a wage/price spiral, but judicious increases to cushion off the rising costs would reduce the impact of inflation on the lower income people."

2 comments:

Kembara Musafir said...

Wak... life abroad is not that wonderful neither.... depends on where you go.... may be life can be more interesting in "cheaper" countries.... but elsewhere, sama jer... kat UAE, inflation rate is forever above 10%... camna? harga brng & sewa rumah naik lagi cepat dari salary increment.... mas tu lah yg teringat kat Mesia tuh....

RK said...

John, camne dgn negeri2 sebelah menyebelah UAE, inflation tinggi jugak ke?
Kalu gaji lebih tinggi dari inflation rate, still OK kot?

Tak tau apa nak jadi kat Malaysia, ekonomi satu hal, politik lagi satu hal, lepas ni makan sodomee je la.. :)