I’m sure many of us have heard it before, the classic saying “inflation will never stop”. This is especially true when it comes to food prices.
In Singapore, chicken rice is a staple in many households, and I was recently shocked to hear that one day it would be priced at $10.
It’s not just chicken rice either, it could be any type of food. Inflation is a real problem in Singapore, and it’s something that can’t be ignored. The prices of food have been rising steadily over the last few years, and it’s only going to get worse.
I don’t know if the government can do anything to stop inflation, but one thing is for sure, the prices of food are going to keep going up. This means that chicken rice and other foods are going to become more expensive.
The problem with inflation is that it affects everyone, not just those who buy food. Businesses have to pay more for their goods and services as well, and this affects their bottom line. This means that they will have to increase their prices as well, which in turn affects us, the consumers.
So, why is it that the price of chicken rice will one day be $10?
This is because inflation is a cyclical process. It’s like a roller coaster, it goes up and down, but it never stops. This means that prices of goods and services will continue to go up, and there’s no way to stop it.
The only way to combat inflation is to save money and invest. This means cutting down on unnecessary expenses and putting money away for a rainy day. It might not be easy, but it’s something that needs to be done if you want to make sure that you can afford to buy the food that you need.
It’s also important to remember that inflation isn’t the only thing that can affect prices. There are also external factors such as supply and demand, as well as changes in the economy. All of these things can affect the price of food, so it’s important to keep an eye on them.
In the end, it’s impossible to predict exactly when chicken rice will be $10, but one thing is for certain, inflation will never stop. This means that it’s important to save money and be prepared for the future. It’s also important to remember that even if the price of food goes up, it doesn’t mean that you have to stop eating it.
There are still plenty of ways to save money on food, and it’s up to us to make sure that we’re doing our part.