Crypto currencies
Just last week I was chatting with a friend about Crypto currencies. I was telling him Crypto Currencies have absolutely no basis to become medium of exchange nor investment value. They are just pure speculative tools. A lot of people have mistakenly and erroneously compared Crypto Currencies to Fiat Money and concluded they...
Taxi and private hire fares should be left to market forces?
Mr Harry Ong believes that taxi and private hire fares should be left to market forces, that high fares will attract more drivers thus driving fares down. (ST Forum, 11/5/22) I am afraid his belief that the free market will correct itself is badly misplaced. The fact is that many sectors of the free market have been cornered...
The Surging Prices
What Is The PAP Doing To Help Singaporeans Over The Surging Price Of Cooking Oil? The Chairman Of The Hawker Division Of The Federation Of Merchants’ Association( FMAS ) highlighted that a tin of cooking oil costs about $50, double what it cost about a year ago. You know what that means right? Your cooked food at Hawker centers...
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