Brace Youselves..

i know this isnt a business blog... but i recently read the Malaysian Budget and i have a few comments and analysis about it... for those who are overseas, brief summary of what i remembered from what i read was that the government is going to use the fiscal approach for our economy and will also try to raise income...

my analysis is, they use the fiscal policy to get the economy running... they are using expansionary fiscal btw... which means lower taxes and goverment will subsidise more... in a way its good, because prices of certain products are lowered... BUT.... to me, prices will go back up soon enough because since prices are low, people tend to buy more... and the government wants to increase income which means the buying power of the people will be higher... for econs people, we know that when demand is high, prices will go up... same thing applies here... since things are cheap and demand is high, dont you think sooner or later, prices of products will be higher in the later stage?? i dunno... i didnt actually read the whole thing... just the headlines... correct me if i am wrong... lets have a business discussion... LOLZ!!!!!!!!
Posted on 2:24 PM by Chuah Peng Chooi, Jonas and filed under | 3 Comments »

3 comments:

Eugene said... @ November 6, 2009 at 8:08 AM
This comment has been removed by the author.
Gene said... @ November 6, 2009 at 8:10 AM

Economics is bullshyt.
It isn't true. They just assume.

Chuah Peng Chooi, Jonas said... @ November 12, 2009 at 4:03 PM

lolz... true... but prevention is better than cure...