Cousumer ‘Kangkung’ Index

Prime Ministers and presidents are wise people.

If they are not, they would not have survived and excelled  in the world of politics  that is more savage than the most primitive jungle. To rise to their positions, they must have endured obstacles and booby traps of all kinds. That of course requires utmost cleverness and wisdom.

As wise men, what they say and do are often wise words and deeds that we ordinary souls should just listen and follow.

So when our Prime Minister recently mentioned about the prices of kangkung going down, he should not be criticised.

Maybe what he meant is that the prices of kangkung can be used as a replacement for CPI.

So many ordinary folks have criticised that CPI is not really a good reflector of inflation. People laugh when told that CPI is only 2% or so. They laugh because the price of their roti canai or Wantan Mee have gone up faster than what the CPI depicts. So maybe CPI is not such a good indicator and should be replaced by a more accurate measure..

Maybe we should use the price of kangkung as a measure of the inflation rate. Call it Consumer Kangkung Index, CKI. Just like globally, people are using Big Mac as a comparison of living costs of different regions.

The price of kangkung is determined by many factors. You have to factor in the rentals of the vegetables sellers, the wholesalers and the farmers. You have to factor in the  transportation costs which are influenced by the petrol and toll prices. You have to factor in the fertiliser cost which requires electricity in their production.

On top of that,  most premises and machinery require water and electricity to run.  You have to factor in the minimal wages, because the farmers, the wholesales and even the vegetables sellers employ people to help run their businesses. Most probably they are foreign workers , since we Malaysians are said to be not keen to take up these jobs.

So, you see, the price of kangkung depends on so many factors, it is indeed a good measure of the inflation rate.

And prices of kangkung are said to have dropped. This coming from a wise person and this is indeed wise word.

This despite the increase in electricity tariffs, the increase in petrol prices, the increase in tolls charges, the increase in rentals caused by a sharp rise in property prices, not to mention the RM 110 per head of foreign workers for i-kad.

So it is indeed good news that despite the increase of so many factors that influence cost of livings, the price of kangkung has dropped.

Our government policy must be right. We ordinary folks may not know how, but the wise men up there , they must have a way to tackle inflation that we dont know. Perhaps it is due to the effects of BR1M.

We should not question the wise words of our leaders. We should just accept it that kangkung price has dropped and that shows that there is really no inflation.

The only thing that puzzles most of us  is that  despite the low kangkung price, we have no more money in our pocket to buy it for dinner!

Maybe we should listen to the wise words of Marie Antoinette, if we don’t have bread to eat, why not eat cakes?

6 Comments (+add yours?)

  1. Richard Loh
    Jan 14, 2014 @ 12:33:27

    Its being a while since your last article. How are you?

    Hahaha Doc you must have taken the wrong medicine today! Article can be read and interpret either way or is it sarcasm at its best.

    Like

  2. Dr Hsu
    Jan 14, 2014 @ 13:52:31

    Hi Richard,

    How are you keeping?

    i am fine. Have been babysitting my grandchildren and travelling quite a bit last few months.Now that my grandchidren are back in the States, I will have more time to write again.

    The essence of the article is in the last 2 paragraphs. It is meant to be satirical..

    Like

  3. Sonny Yap
    Jan 16, 2014 @ 00:12:23

    you got a humorous way to belittle wise man. ha ha hah…

    Like

  4. abb
    Jan 19, 2014 @ 00:13:16

    hv a kangkung platter
    good for your health

    Like

  5. Phua Kai Lit
    Jan 19, 2014 @ 21:36:01

    1) Welcome back Dr Hsu !

    2) Why laugh at the great ideas of our first Green PM? Perhaps UMNO Baru is turning over a new leaf.

    With the humble kangkung, we can get to the root of the problem and help stem inflation.
    The PM has planted the seed of a great idea in the fertile soil of our minds. Let it germinate and grow.
    Such ideas will even blossom further with time. Then we can reap the rewards and enjoy the fruits of lowered inflation.

    P.S. If he had mentioned quail instead, the idea might not have taken flight. It would simply have flown in one ear and out the other for most people! By disrespectfully cackling at his mention of kangkung, some people in UMNO Baru have been made hopping mad instead. We must respect our leaders:
    contrary to public opinion, they are not bird-brained. Only PR supporters who continue to bury their heads in the sand fail to recognise the soaring achievements of our great leader!

    Like

  6. Dr Hsu
    Jan 20, 2014 @ 14:15:26

    kangkung is actually good for health.

    To promote kangkung, there are already some Jalan Kangkung. But we need to take it one step further. Name some city “Bandar Kangkung”. For s atart, why not change putrajaya to Bandar Kangkung? Bursa KL should have a kangkung index too. I am serious. KLIA terminal 2 should also be named Kangkung International airport. In Taipei, they have DaoYuan international airport which translates to “Peach Garden International airport”. So why not Kangkung airport for KLIA 2?

    Like

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