Thursday, June 5, 2008

Tsunami: Petrol Price Hike

Our market took about 6 months to drop around (17%), but it just took ONE NIGHT for our petrol price to be at 40% higher (up by 78cents to RM2.70/litre). INFLATION is going to VERY HIGH probably it the next couple of months (aftermath). By not taking risk in investment is already putting our hard earned cash at risk. INFLATION is REAL now and our purchasing power would definitely depreciating. It's like "leeches" sucking our "money value" without us feeling it. Are we going to see RM4/litre soon? God help us!

1 comment:

DDS said...

Gov will earn 4bi from this.