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(April 27): Malaysia’s ringgit is heading for its biggest monthly loss in more than five years, as oil prices and a dovish central bank weigh on the oil exporter’s currency.
USD1 = MYR4.35 Good for Hibiscs
u need to exploit this so called "good news" by all in...even i earn euro i oso dont幸灾乐祸myr depreciate...assuming u have 100k unit hibiscus below 1....will this profit able to cushion inflation?
Assuming you don’t own hibiscus and you got nothing to cushion inflation? You need to know what’s 輸少當贏.. there’s no guaranteed profit in stock market otherwise everyone is billionaire.
We can dampen the effect of inflation if we avoid being greedy and be more generous. If humanity spend less on weapons and try not to kill each other, we have enough money to feed the world and provide poor people with food and a place where they can shelter from the heat of sun and rain.
When ppl so greedy to invest on renewable energy, buy Twitter for USD44bil and ignore energy transition takes time, and stop continue fund oil companies to drill new oil wells, this what happen.
Actually there's 1 way can reduce inflation.... Malaysia government becomes more bersih...... And Rm raise till Rm 3 - 1usd.... Then wont affect by inflation much.... But that just impossible XD
my wish: no subsidy for car petrol...motorcycle still can enjoy current petrol subsidy...use the petrol subsidy for food security and other uses (more affordable education via subsidised uni/college tuition fee and infrastructure building-example ktm too less frequency and not on time)...
My vote is simple... As long as not BN... I'm not saying all BN is bad... But they staying in conform zone too long time... Need to make them shake a bit for motivate them to move on & improve Hahaha