Inflation coming to hit us hard.

[Ahwhye]

40 minutes ago, Scion said:

 

 

no worry, next erection is years away, and by then most things can be solved by some chicken wings and sob stories

[Lala81]

49 minutes ago, Voodooman said:

Strong S$ is only good in JB. Lol

 

not really. i was watching some interview of the Venus beauty chain that sells those cheaper toiletries. The managing guy says if not for strong SGD, he cannot keep prices as they are.

[inlinesix]

38 minutes ago, Throttle2 said:

Strong S$, good for buying Rolex overseas. 😅😂

Daytona price is dropping now

[Rayleigh]

5 minutes ago, inlinesix said:

Daytona price is dropping now

But still no stock from AD.

[inlinesix]

5 minutes ago, Rayleigh said:

But still no stock from AD.

HK maybe got a lot🤭

[Voodooman]

1 minute ago, Lala81 said:

not really. i was watching some interview of the Venus beauty chain that sells those cheaper toiletries. The managing guy says if not for strong SGD, he cannot keep prices as they are.

Can't disagree but a stronger S$ doesn't cover the profiteering, rent, labor, etc, only the imported components. There is a limit to our FX policy, it is time to suck out some liquidity too, which I think they are already doing. 

[Fcw75]

1 minute ago, Voodooman said:

Can't disagree but a stronger S$ doesn't cover the profiteering, rent, labor, etc, only the imported components. There is a limit to our FX policy, it is time to suck out some liquidity too, which I think they are already doing. 

Some are just profiteering from this situation.

Profit and conscience are inversely related.

[Throttle2]

16 minutes ago, inlinesix said:

Daytona price is dropping now

Hope it drops more.

 

[Lala81]

2 minutes ago, Fcw75 said:

Some are just profiteering from this situation.

Profit and conscience are inversely related.

Profit is what drives financial efficiency. 

But yes, the more money u handle, the more everything just become numbers to you.

It's the dichotomy of our capitalistic system.

[Beregond]

no sh- it😑 I think we can stop complaining😅

https://www.theguardian.com/business/2022/jun/10/us-inflation-rate-may-2022-four-decade-high

US inflation hits 40-year high of 8.6% as food, gas and shelter costs rise

Inflation in the US rose unexpectedly last month to a fresh four-decade high of 8.6%, the labor department said on Friday.

 

[Fcw75]

3 hours ago, Beregond said:

no sh- it😑 I think we can stop complaining😅

https://www.theguardian.com/business/2022/jun/10/us-inflation-rate-may-2022-four-decade-high

US inflation hits 40-year high of 8.6% as food, gas and shelter costs rise

Inflation in the US rose unexpectedly last month to a fresh four-decade high of 8.6%, the labor department said on Friday.

 

8.6%? Step aside.

I saw Sri Lanka was 39.1%. 😓

[Ct3833]

On 6/8/2022 at 5:35 PM, Victor68 said:

Is coming or came? Everything seems to goes up at least 25-30%. So if it hasn't come, wonder what happen when it finally arrived. Civil servants get adjustments, how about the rest of us who have eaten the drumsticks? 

serious ? have inflation? I dont feel it , everyday i survvie with 3 in one coffee, plain rice with black olive vege. life goes on. 😂

 

 

[Victor68]

3 hours ago, Ct3833 said:

serious ? have inflation? I dont feel it , everyday i survvie with 3 in one coffee, plain rice with black olive vege. life goes on. 😂

 

 

You didn't take the free drumstick? Anyway you still have to budget for the chickens.haha

[Voodooman]

https://www.bloomberg.com/news/articles/2022-06-10/majority-of-singaporeans-say-inflation-handled-badly-poll?utm_campaign=socialflow-organic&utm_source=facebook&utm_medium=social&utm_content=asia&fbclid=IwAR0BqWRT_SyAorkpS0Bh8qkR4Ebmkp8IuyUtdY0SEGyw22_U9hEZugk60Ok&fs=e&s=cl

I am surprised only 55% think so. Let's see if they will hike GST at end of the year. 

[inlinesix]

4 minutes ago, Voodooman said:

https://www.bloomberg.com/news/articles/2022-06-10/majority-of-singaporeans-say-inflation-handled-badly-poll?utm_campaign=socialflow-organic&utm_source=facebook&utm_medium=social&utm_content=asia&fbclid=IwAR0BqWRT_SyAorkpS0Bh8qkR4Ebmkp8IuyUtdY0SEGyw22_U9hEZugk60Ok&fs=e&s=cl

I am surprised only 55% think so. Let's see if they will hike GST at end of the year. 

It will go ahead.

Give more CDC vouchers lo🤭

[Victor68]

Please don't give anymore. We cannot stomach them. Just leave us alone and do their job we paid them for. 

[Fcw75]

Singaporeans are feeling the most inflation pain in petrol prices (35%), followed by utility prices (34%), and at supermarkets (28%)
 

Yep, reducing petrol tax for a few months is giving a subsidy. First time I heard from our future PM. Good luck to him. 

[mersaylee]

12 hours ago, inlinesix said:

It will go ahead.

Give more CDC vouchers lo🤭

To eat more ah lians...😂