Pak Lah plans monthly revision of fuel price
When Pak Lah government had given subsidies a no-no recently, they
actually destroyed the General Price Index of our economy. The nearly
immediate backwash effect was the increase in the price of nearly all
goods and services in the economy.
It is because fuel IS the main source of energy.
This is what we called as a "cost-push" inflation.
Not only inflation, but we are now facing the highest inflation ever in
25 years, the rate is about 7 - 8 %. Meaning at present, if we have
RM1,000 in hand, the "real value" of our money is being reduce to RM993
- RM992 in compare the previous month before the implementation of the
hike took place. Full article
* Radin (Max and others can wait) slams Kiulu PBS Chief
* Malaysia & Indonesia's Borneo side by side
* Miri - Brunei - Kota Kinabalu bus service soon
* Ini minyak kasih susah rakyat saja
* SAPP: We still have no confidence ...
* "Do You Really Want Me to Unzip My Trousers, Sir?"
* Pak Lah plans monthly revision of fuel price
* Talking cock, big cock, dying cock
* Anwar pilih Permatang Pauh, Azizah berundur
* Mat Sabu patut belajar sama orang Sabah!
Visit us at http://www.kadayanuniverse.com
