Correction:the price of egg only to rise up 40% in recent months
Posted on Sep-09-2010· by china investor
I wrote a article in last days: Keynesian is dead? , in which I wrote a error number:”the price eggs rise up 70% in recent 4 months”, this is a input issue , (3.96-2.77)/2.77 = 0.4 , but I had to say, in recent months, the price of these goods which is very important for people’s life is too high, if these price rise up so quickly, many poor people will have a bad life!
I had say many times, I am not against stimulate the economy , I am against :
1: waste money, in many city, there so many ghost city which wasted huge money but no any people living in it, but local official said they have no money to repair reservoir, no money for Tree Planting!
2:Taken money from the most of poor people’s wallet to “help” a little rich man,Especially in china, we need these poor people become customer to HELP our Excess capacity , but now they had to save money to buy a house,and these money been re-sent to these rich man to rise up the price of the house.
3:Number first and hen’s eye. People’s life is the first, you have so great and perfect number, GDP, CPI , but all of them can not represent people’s cost and life, it is no meaning. CPI is only 3.3? The price of house is only rise up 2.5% in last year? My god, These number have a huge distance with people’s life! If we believe these number, we will continue to make big mistake!
4:Employment rate is the most important things, we had found many countries waste so huge money, but these wasted money is not used for Employment rate, actually, in crisis, these money be used for get profit!
NO, WE ARE IN CRISIS, THESE MONEY MUSE BE USED FOR Employment rate, ELSE IT IS VERY DANGER, BECAUSE PEOPLE MUST HAVE JOB AND REVENUE TO SAVE HE AND HIS FAMILY.
5:Sacrifice poor countries to save a little rich country, in the current, if price continue to rise up like recent months, we had to face another crisis: Humanitarian crisis! Don’t think it is none business with yourself, the earth is a circle…