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Older Singaporeans (who are well informed) can earn 20¢ NTUC vouchers, for every 4 cans or bottles salvaged, so there is a long queue at Tampines Hub NTUC due to the volume of recyclables that the elderly have brought in at 10 locations across Singapore (50 by March

Inflation is a weapon of rich people to rob and exploit poor people.

2% target inflation is generally an invention by rich people to enslave, exploit poor people.

Rich people own many properties, own shares in companies. Mostly the amount of liquid cash held by rich and poor people is about same since rich people prefer to hold little cash because they know that inflation will erode the value of cash at the rate at which they have set inflation at.

IC re-registration, rats, medals and chairs: The daily frustrations of Singaporeans these days.

Why must people PAY to re-register their ICs under threat of $5000fine+5yrs jail, given the fact that IC registration is a national security concern and that people already suffer sky high cost of living in Singapore due to both GST as well as sky high foreign worker levies (up to $1000/mth) that employers pay on their foreign manual labour which just adds to our supermarket bills.

Yet the PAP spends lavishly on its sock-puppets, cronies and other unsavories.
For example:
a) Smokers are given a waiver of the usual 70% loading on insurance premiums contracted vz private health insurance companies: yet SG gahmen compulsory healthcare insurance schememedishield-life does not load smokers with any market rt based rise in premiums: i.e. an implicit subsidy to put more money into the tobacco industry (do some PAP leaders own shares of tobacco companies???). 

Even Judiciary reports being fixed by Singapore Parliament too...

Okay, maybe in this case = inadvertently. But it still shows how much the SG Parliament is trying too hard tomicro manage things: perhaps a +ve way forward would be for parliament to just give guidelines within the penal code and other statutes: e.g. the 'recommended' punishment for e.g. theft, extortion, uncensored films, managing a brothel: i.e.: the words 'shall be liable to...' rather than 'for a term of not less than XX years'...
PS: there is a Probation of Offenders (Amendment) Act 1993 (Act 37 of 1993): perhaps this act can specify that those with IQ below certain level will be more favourably chosen for probation in lieu of jail etc.
Where parliament is concerned about judges being overly lenient, parliament may make clarification within the penal code that the minimum sentence shall apply to first time offenders without any significant mitigating factors.

Is Quantitative Easing= financial terrorism???!!!

Quote:

Originally Posted by Revealer Thread source: RE: Is QE Really Working? can say United State gone bankrupt since 1991 when its current account went negative. went belly up in 2008 but still no recovery. joke for stock markt to go separate way. http://www.tradingeconomics.com/char...01&d2=20141231

CPF minimum sum is like NATIONAL SERVICE. Singaporeans/PR of ALL RELIGIONS must comply and respect.

Quote:

Originally Posted by watchmen  Re thread (A1): Will CPF treat pilgrims the same way they treat tikos and gamblers?

I think that since WE ALL AGREE THAT SINGAPORE GAHMEN IS SECULAR, then we MUST ALL AGREE that CPF $$$ is not IN THE FIRST PLACE ment for religious activities no matter what some religious doctrine or other says.

Paul Krugman talks rubbish and TODAY publishes it.

Krugman cracks his own jokes and laughs at them. Joke at the end of essay aboutman who cheers up is neither funny NOR has it any meaning. Krugman should just go sell drugs on the street since he has NEITHER focused NOR explained realistically the mechanics of helping the poor in ANY of his essays I have read (besides speaking in tongues for why QE is a good thing). His Nobel prize for promoting 'quantitative easing (QE)-steriods' is paid for by MNCs who love the gahmen for increasingly buying their sham bonds for a high price (and endless $$$timulus packages in both good times and bad) :... I hope puppet Mr Krugman knows what a sock-puppet he is... It is much more dangerous for him to screw up the economy in the long run than just sell some party drugs on the street. I'm quite sure that Nobel prize of his would earn him NEGATIVE karma in the next life (for worsening the already widened wealth divide) ...
The fiscal policy debate: Austerity versus stimulus | TODAYonline

Quantitave Easing is like illegal stimulant drugs: one ALWAYS regrets taking it..

.(e.g. crystal meth:http://en.m.wikipedia.org/wiki/Methamphetamine )

Quote:

Originally Posted by humblepie Thread source (discuss): How Quantitave Easing makes average Joe sick, hungry and poor. a way to put many things that seemingly is correlated together to spread mass pandemonium when it is not within your control. you be better focus on getting your financial foundation in order. there are much misconception of money printing and quantitative easing. most make it seem they really understand how the economic machine works when it is such a complex subject. most of the time, they are just copying from one misleading source. this article basically puts the singapore incumbent in cahoots with the US federal reserve and you wonder whether the singapore incumbent have that much of an influence over that of another countries federal reserve.

How Quantitave Easing makes average Joe sick, hungry and poor.

I.e. how QE induced inflation, low interest rate environment helps the rich as it disenfranchises the poor.

By rich I mean shareholders/ MNC C-suite staffers and politicians by extension since in the Singapore context, political salaries are tagged to the highest private sector salaries (I.e. CEO level salaries)
By the poor, I mean working class, retirees etc whose income is to a lesser degree from share holdings/ property rent seeking but savings/ bank savings interest in cash or kind (I.e. bank $$$ deposits)

Property prices ought fall by up to 30% to match 2009 (pre-$$$ crisis) price levels.

Reference: Property curbs may be 'eased faster if prices drop sharply': Straits Times

Property prices ought fall by up to 38% to match 2009 (pre-financial crisis) prices.
("private home prices have climbed about 60% since the global financial crisis in 2009."), so for current property prices to return to pre-2009 prices, the price will have to FALL by= 1- (100/160)= 37.5%.

Okay, maybe I forgot to factor in inflation at say 2.5% p.a. (pegged to CPF rate) which will mean that the reasonable FY2014 property price level (5yrs after FY2009) should be 113.14% in FY2009dollars (used compound interest calculator to calculate), so for current property prices to return to pre-2009 prices (corrected for (high) annual inflation of 2.5%), the price will have to FALL by= 1- (113.14/160)= 29.287%.

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

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 these factors increases the final product cost (i.e. an increase in CPI(Consumer Price Index)).

Demand Pull inflation is caused basically by the demand upon certain goods, as measured by the number of dollars people are willing to wage to attain a certain product.