Wednesday, October 15, 2008

Consumer Power? Or Be More Realistic?

The PM urged all to use the consumers power to bring down prices of goods. Read The Star article here.

Unlike stock market, I think all of us know that in the consumer market, once the price of the products and services go up, the likelihood that they come down is almost nil. Even if it comes down, it will be like the way the government handle the fuel price, increase by 40%, but drop only a mere 5% at one time.

Spending more time, and burn more petrol to travel further to buy a 5% cheaper goods and services, very unlikely I'm going to do this.

The damaged had already been done, let's move on to do the more important things i.e. to tackle the worldwide financial turmoil.

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