Do you think things are getting riddiculous expensive?

[MadScientist]

Answer to the title: YES!


And there is more to come!!!

Think about it...

The Singapore economy rebounded strongly to grow by 14.5% in 2010
Consumer Price Index (CPI) rose by 2.8% in 2010
Nominal total wages grew by 5.5% in 2010
After adjusting for inflation, real total wages grew by 2.7%.
Info extracted from http://www.jcci.org.sg/storefront/file/2011-10nwc-guidelines-e.pdf

Now... think about it... IF the GDP is growing at 14.5%, and your wage grows only at 2.7% after headline inflation (which is usually less than what we really feel)... how long more of this can you really take in the years to come?

Having a single stream of income is passe.

[silverhorse]

MadScientist:

Answer to the title: YES!


And there is more to come!!!

Think about it...

The Singapore economy rebounded strongly to grow by 14.5% in 2010
Consumer Price Index (CPI) rose by 2.8% in 2010
Nominal total wages grew by 5.5% in 2010
After adjusting for inflation, real total wages grew by 2.7%.
Info extracted from http://www.jcci.org.sg/storefront/file/2011-10nwc-guidelines-e.pdf

Now... think about it... IF the GDP is growing at 14.5%, and your wage grows only at 2.7% after headline inflation (which is usually less than what we really feel)... how long more of this can you really take in the years to come?

Having a single stream of income is passe.

Totally agree ! Its depressing....

[MadScientist]

silverhorse:

MadScientist:

Answer to the title: YES!


And there is more to come!!!

Think about it...

The Singapore economy rebounded strongly to grow by 14.5% in 2010
Consumer Price Index (CPI) rose by 2.8% in 2010
Nominal total wages grew by 5.5% in 2010
After adjusting for inflation, real total wages grew by 2.7%.
Info extracted from http://www.jcci.org.sg/storefront/file/2011-10nwc-guidelines-e.pdf

Now... think about it... IF the GDP is growing at 14.5%, and your wage grows only at 2.7% after headline inflation (which is usually less than what we really feel)... how long more of this can you really take in the years to come?

Having a single stream of income is passe.

Totally agree ! Its depressing....

Actually, I am quite excited...

But that's just me... I see opportunities of a lifetime. The last time this kind of thing happened, it made many people happy when it finally ended.

[pinky]

my personal encounter that really made me :mad: :nunchuk: :

1. wanted to buy $3 sheng yu but the fishmonger said: dun know how to
cut so small amount, minimum $5. I told him his skill must be quite
terrible because he's holding a knife and dun know 'how to cut' ??
:evil: :evil: :pokeeye: :pokeeye:

[kayetch]

this month onwards my fishmonger start to cut and weigh the cod fish. last time, he used to sell all $5/pc standard. and you get smaller pc for the same $5.


i think it’s just dif way to justify cost uplift

[ksme]

kayetch:

this month onwards my fishmonger start to cut and weigh the cod fish. last time, he used to sell all $5/pc standard. and you get smaller pc for the same $5.


i think it's just dif way to justify cost uplift

Do you know how much your fishmonger charging per kg of cod fish? Mine just increased price again yesterday, like the 3rd or 4th time this year. Each time $3. :mad:

[vlim]

That day I was telling my kids a loaf of white bread costs about $1+ but a pc of bread from four leave or breadtalk cost $1+ (1 serving) also ...so is more economic to eat white bread with kaya butter more often...and they agree with me .. ...mummy here getting stingy...

[LOLMum]

haha not stingy, more like value for money.

[parcels]

vlim:

That day I was telling my kids a loaf of white bread costs about $1+ but a pc of bread from four leave or breadtalk cost $1+ (1 serving) also ...so is more economic to eat white bread with kaya butter more often...and they agree with me .. ...mummy here getting stingy...

Not stingy at all! It's a good way of teaching your kids.. everything is getting so expensive nowadays.. sigh..

[Oppsgal]

ksme:

kayetch:

this month onwards my fishmonger start to cut and weigh the cod fish. last time, he used to sell all $5/pc standard. and you get smaller pc for the same $5.


i think it's just dif way to justify cost uplift

Do you know how much your fishmonger charging per kg of cod fish? Mine just increased price again yesterday, like the 3rd or 4th time this year. Each time $3. :mad:

So equation of price of cod fish is $X + ($3 times 3) = $ per kg?