CTG1956
2023-04-14
ok//@Bill333:

This is why Singapore is so successful. It is run by smart people who are pragmatic enough to adapt to take note of economic data prior to making decisions. Not stubborn old fools that don't understand that Friedman's Nobel prize for monetarism was granted in 1976. A lot has changed and blindly raising interest rates is not always the answer. CPI includes oil and rent - clearly not correlated to interest rates right now. Thank you Singapore government!

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