Blog Belajar Ekonomi

We all know now that the crisis is right here in front of us.   World Oil prices are reaching the heights higher than ever before. To save the national budget the government increased the petrol prices. This causes cost of distribution to increase, which will then increase the prices of daily goods and services. When the prices are higher this means people are holding more money then saving it in the bank. This is what you call inflation. When inflation occurs, the value of money that we are holding gets lower. Cost of living is getting higher each day.   But did you know that there are some people that aren't effected by the crisis ?   Should we go out and join civilians in demonstrations that strike against fuel increases? We can do that. But we will only add one person to the demos. And would the government change their mind lower again the price? I think not.   Let's see what is relevant for us to do. And let's see what we must think now and to the