CDC Vouchers

[Ender]

40 minutes ago, Tianmo said:

The $2/ free healthy meals supply by gov, idea by gifted, is jiak liao  百毒不侵, buay tio covid, some more jiak liao can 长命百岁, why you no prefer leh?  

CDC vouchers will jack up inflation hor, better keep and don't spend.

 

 

Like that is the first step to curb inflation is to ask poor people like me to not use cdc voucher.  Don't touch the rich spending first on luxurious items. They should not be restricted unless the poor people way doesn't work. Hmmm. 

 

[Stratovarius]

2 hours ago, Wt_know said:

you must pay back to ah gong .... LOL

Got take anot also need to pay. Might as well take. 

[Lala81]

8 minutes ago, Ender said:

Like that is the first step to curb inflation is to ask poor people like me to not use cdc voucher.  Don't touch the rich spending first on luxurious items. They should not be restricted unless the poor people way doesn't work. Hmmm. 

 

Hopefully interest rates stay middling to high for years to come. I think that's the only way to slow down this disastrous cycle (note that I don't say reverse). 

Cos surely when the next financial crisis comes, rates will go to zero in USA. Real estate, asset prices sky rocket again. 

For a normal Joe, without significant leverage (and hence significant risk), there's no way the middle or lower class can keep up with the upper 10-20%.

I'm not very optimistic of any other scenario coming out. 

[Theoldjaffa]

6 hours ago, RadX said:

I believe such queries best be posted in the govt feedback forum . 
 

sheesh… must I tell ppl whr to post things? No wonder AI can never progress… cos ppl dun use it

i dun even want to reply.

@Tianmo kor kor and @Wt_know and @Picnic06-Biante15 very the patient to exprain.

i cannot sia.

[RadX]

3 hours ago, Theoldjaffa said:

i dun even want to reply.

@Tianmo kor kor and @Wt_know and @Picnic06-Biante15 very the patient to exprain.

i cannot sia.

That’s why I never bother to go beyond my duties of merging the useless thread and stop der and not reply !

[Lala81]

29 minutes ago, Wind30 said:

How did u arrive to the conclusion that the cdc vouchers has worked because it part of an overall package? It is hard enough to understand individual measures and its effects adequately, I feel it’s close to impossible to know the interactions between different measures. At the end of the day, u just have to either trust the gov or don’t trust them. Just like in mcf, u see people blaming the gov for everything even when the gov is on their side in an issue. 

Of course some of the inflation are external causes, but that does not mean there is no internal ones or bad policies cannot make the inflation worse. The imf article states a general principle about Broad based support and how it’s bad for inflation, not just for USA but also valid in general. U can argue Singapore is an exception but in that case, the burden of proof really lies on the person claiming that Singapore is so different. 

ok I am not saying we will go bankrupt because of cdc vouchers, just the policy is not correct at current state of affairs.  Just because we have revenue does not mean we should spend it sub-optimally. 

Are the goods you want to get at your neighborhood store showing a spike in inflation? Are you breaking down the percentage difference? Analyzing how much inflation is attributed to this increased cash injection circulation into the domestic economy. 

So show the data that the measure is causing inflation to spike in a measurable degree lor. How did you arrive at that conclusion? 

 

Or ask your mp or Jamus lim to raise the question in parliament. 

Or what? You say is waste of resources. Govt say no worries. Then your self admitted non economist want to debate what? 

 

If your cdc voucher is so worrying of a wasteful economic policy, then is this sparking a sgd run? Weakening of the sgd? Is Mas defending our currency exchange? Are rating agencies /financial analysts covering Singapore economy sounding alarm bells about inflationary policies? 

 

[Stratovarius]

25 minutes ago, Wind30 said:

Actually I am saying the same thing as you which is broad based support is bad. But nobody shoot u leh?? Sigh…

 

I think the main point of your post is one, it drives up inflation. Which probably isn't true as the vouchers are targeted for necessities. Sellers are not going to sell a pack of rice at the higher price coz of CDC, not directly at least. 2nd, u mentioned why not cash which many others here already explained. 

I din read all the post but I think there are not much comments on the broad base implementation.

[Fcw75]

16 minutes ago, Stratovarius said:

I think the main point of your post is one, it drives up inflation. Which probably isn't true as the vouchers are targeted for necessities. Sellers are not going to sell a pack of rice at the higher price coz of CDC, not directly at least. 2nd, u mentioned why not cash which many others here already explained. 

I din read all the post but I think there are not much comments on the broad base implementation.

 

[Theoldjaffa]

2 hours ago, Wind30 said:

And yet u inevitably reply….. sigh…. 

i replied to Radx.. not u.

 

and this msg.. yes i'm replying to u.

 

there is a difference.

 

no wonder you don't understand or miscontrue a fair bit of things.

 

[Stratovarius]

55 minutes ago, Fcw75 said:

 

I believe in giving credit when due. He always kena left right centre yet still dare to voice out. Lol. Something I can't do.

[RadX]

3 minutes ago, Theoldjaffa said:

i replied to Radx.. not u.

 

and this msg.. yes i'm replying to u.

 

there is a difference.

 

no wonder you don't understand or miscontrue a fair bit of things.

 

It happens when there is a disconnect with things and the focus in inwards . Very hard to reason with such people as the narrative for them is “my way or the highway”. 
 

I dun even want to discuss the part whr “this shd not be in this thread” point that was made. A case of being very micro perspective vs macro. Could be intrinsically inherent or occupational hazard linked. I tend to lean toward the former

[RadX]

1 hour ago, Stratovarius said:

I think the main point of your post is one, it drives up inflation. Which probably isn't true as the vouchers are targeted for necessities. Sellers are not going to sell a pack of rice at the higher price coz of CDC, not directly at least. 2nd, u mentioned why not cash which many others here already explained. 

I din read all the post but I think there are not much comments on the broad base implementation.

You will get sainthood🙏🏾

[RadX]

2 hours ago, Theoldjaffa said:

i dun even want to reply.

@Tianmo kor kor and @Wt_know and @Picnic06-Biante15 very the patient to exprain.

i cannot sia.

This is you?

[Theoldjaffa]

11 minutes ago, RadX said:

This is you?

Ish dis the legendary Kangxi Emperor? Heard he can’t see very well 😎

[Fcw75]

Looks more like the last emperor Puyi.

Not Miss Puiyi ah. 🤪

[Theoldjaffa]

2 minutes ago, Fcw75 said:

Looks more like the last emperor Puyi.

Not Miss Puiyi ah. 🤪

Aiyo I wanna go Pulau liao 😋😋😋

If it’s Puyi then I think he’ll feel very pubor to have to wear so many glasses 😂

Edited January 27, 2023 by Theoldjaffa

[Fcw75]

1 minute ago, Theoldjaffa said:

Aiyo I wanna go Pulau liao 😋😋😋

See her Instagram photos can nose bleed…🤣

[RadX]

Just now, Fcw75 said:

See her Instagram photos can nose bleed…🤣

Not onlyfans meh?