Wednesday, July 19, 2006

Inflation

Price of everything is going up. With petrol prices up, inflation is getting from bad to worse. I recall having breakfast in KL 4 years ago when a plate of wanton noodles cost RM2.50. Today the same plate costs RM3.50. I just fill up my car. It used to cost S$75. Today it costs S$130. Our cost of living has increased, our pay has not.

Globalisation is causing disruptions to our economy. The rich gets richer and poor poorer. Whatever the future will be, will be!

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