Unregistered |
13-06-2016 04:38 PM |
Quote:
Originally Posted by Unregistered
(Post 86978)
Zero increment? I thought at the very least they would adjust for inflation, which is usually somewhere between 3% to 4%.
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Comments like these hints to me that one should really be aware of the facts before they mention something like inflation. It's a common misconception that prices, in general, are always rising.
See: tradingeconomics.com/singapore/consumer-price-index-cpi
Those who familiar with today's market know that economies are trending to deflationary states.
This isn't an argument to say prices won't increase. But please know what the official statistics say before saying something broad like "adjust upward for inflation".
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