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?