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Defying the price gravity

August 6, 2008

Trying to catch up on local news before I disappear for the day. So I read that gasoline prices may come down. That’s great news. And unless you’re born like yesterday, you’ll know that whatever savings you get at the pump stays at the pump.

You and I know what lower gas prices mean to traders, hawkers and businesspeople. The chances of them consequently lowering their prices is as likely as you refusing a surprise salary increase. As far as they’re concerned, what goes up won’t come down. Ever. Unless….

You stop buying.

Trading is a simple thing. If the demand for mixed rice drops from 100 plates a day to 10, there’s only one thing to do. Drop the price or pack it up.

So its a game of chicken. The opportunist hawker hangs up his poster with new outrageous price. You stare at said poster. Who will blink first? (Hint: A hawker has time on his side to hedge his food prices. Your hungry stomach doesn’t. Guess who will win.)

But I do understand. Its a lot easier to sigh about something than to go without one’s favorite posion. We might even admit that high prices are a choice we make. That’s a conversation locked up in a dark corner of the brain we aren’t thrilled to go to. Maybe for good reason. Like not wanting to walk an extra 200 yards for something cheaper. Or risk being labeled a cheapskate perhaps.

As an aside, I was shocked recently to find that KL hawker food prices have caught up with Singapore. Rm 6.20 versus Sgd 3.00 for a similar serving of economy rice. What’s happening dudes?

6 Comments leave one →
  1. LC Teh permalink
    August 7, 2008 2:25 pm

    “KL hawker food prices have caught up with Singapore. Rm 6.20 versus Sgd 3.00 for a similar serving of economy rice.”

    I don’t really know, but I’d venture that the high price probably applies only at certain locations because of high traffic volume from out of town. Traders know that when you’re not familiar with the place and your hungry stomach’s not in compromising mood you have to pay through the nose for the food in your mouth…

  2. Damien permalink*
    August 7, 2008 8:55 pm

    Could be. I think even local townfolk have resigned to it because the alternative is just too costly – driving out, parking etc. With this acceptance I predict the price of mixed rice in KL will reach $10 a plate in a 3-4 years time.

  3. stella permalink
    August 8, 2008 12:59 am

    Yes,kl hawker stall has really gone up. life is getting harder. what to do? eat less, spend less, more sleep.

  4. Damien permalink*
    August 8, 2008 7:46 am

    Fortunately I’m mostly vegetarian so my typical mixed rice is still about Rm3.50 (or about Sgd 1.80 when I’m in Singapore) after the price hike. And I’m a light eater. 🙂

  5. stella permalink
    August 8, 2008 9:03 pm

    Its goods that you’re mostly veg and a light eater because vegetarianism is the only solution to stop global warming/climate change by 80%. All disaster that happened in this world are due to human unkindness to the co-inhabitant mainly animal. Killing animal /meat eating has caused bad retribution and is a major/root caused of global warming/climate change. Because of the bad karma, as you sow, so shall you reap. But not many people know this and the urgency to curb this global warming. Animals are sent by God to help us, to be our friends and to cheer our days. Actually animals are angel in disguise. If more people become veg, then we can balance out the overweight karma of non-vegetarian and reverse the global warming. At least two third of earth population have to be veg in order to save this planet. Vegetarian is a long term benefit, to lessen the karma and to touch the mercy of heaven, is the best, fastest and easier way to solve global warming which every individu can do it.
    If all people become vegetarian the earth will become Eden again that is plentiful of food, no price hike, sudden sameness between human and animal, people will feel happy and understand that human and all co-inhabitants, animal alike, are equal, even have respect to trees and plant, river will run plentiful again and disaster will cease. Heaven will smile on humans and good wishes will be fulfilled. This effect can be seen in 60 days or within 8 weeks.

    For further details and info pls watch:

    You may download or watch the previous conference/seminar on global warming through vegetarianism that already aired or will be air at later date.


  6. Damien permalink*
    August 9, 2008 10:11 am

    Hi stella, thanks for the message. Sometimes I wish we didn’t have to eat at all, like plants. All they need is sunshine and water. Its probably the most peaceful life form on earth except for those meat eating ones like the venus fly catcher.

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