Wednesday, November 13, 2019

inflation erodes purchasing power

Food and necessities are getting more costly than the rise in wages.
When oil subside is removed and oil price is floated according to market rate,the price of electricity,food,public transport and medicine will sky rocket and msian common folk quality of life will drop.Then water tariff go up and price of food will go up again.We also suffer when ringgit is devalued and price of food imported increases.
          I dont understand why locally grown fruit ,vegetable and fish is more expensive than imported ones despite many goods needing an approved permit to be imported into the nation.Fish like saba from Japan is cheaper than the ikan kembong,salmon is cheaper than ikan kurau and razor clam imported from Holland cheaper than the sabah ones.
          With block chain logistics,the source of food can be traced and contamination can be prevented unlike local wet markets that have poor refrigeration and food spoilage high.
            Good health is essential for a happy lifestyle.We need to introduce food nutrition and preparation to schoolchildren so that they dont suffer from obesity or food poisoning.We often hear how people eating at food catered for public functions have food poisoning or lack training in food storage.