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Showing posts from December, 2022

More Justification for False Inflation

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https://youtu.be/L92eadRu6zE The Economics Explained YouTube channel explains in detail the mechanisms of inflation. The speaker states that price differences at different locations is the true inflation, not the reduction in the value of money, because these places are in the same country and use the same currency. This is wrong because it is like saying that the price of a Rolls Royce car is much higher than a Toyota because of inflation. Then the speaker proceeds to explain the reasons why there are price differences between California and Michigan, which are similar to the reasons for car prices at the same time and place. Prices of Rolls Royces have increased so it can be called inflation. After all, the usual definition of inflation is just the increase in the price of goods and services. Strictly speaking, it should be applied on a specific product at the same place but at different time, but this is rarely used. They lump groups of products together. No matter how r...

End subsidies to end poverty: Prof. Geoffrey Williams

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        Home News Berita Opinion World Business Property Sports Lifestyle Gallery Scholarships Accelerator OPEN IN APP × The FMT News App An app designed for readers. End subsidies to end poverty Geoffrey Williams  - December 17, 2022 7:00 AM Free Malaysia Today: End subsidies to end poverty | Free Malaysia Today Most of the money the government spends on subsidies goes to companies, not to the poor. This is because a subsidy pays companies the difference between the market price and the price at which they sell their products to customers. Of the RM78 billion subsidy bill for 2022 around RM52 billion, or two-thirds, goes to companies and middlemen and RM26 billion, or one-third, goes to low-income groups under cash transfers and other social assistance programmes. In terms of benefits, only those who buy subsidised products benefit directly. Those who have air-fryers do not benefit from the RM4 billion cooking oil subsidies, vegetarians do not benefit from chic...

Arabs Save Western Civilisation

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Arabs did not save western civilisation. Arabs preserved and improved western civilisation. https://youtu.be/C8M4i9fvq1M https://youtu.be/C8M4i9fvq1M

Manifesto Correction on Human Rights

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Correction Suggestion on Fake News

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        WHO caused all the problems with COVID19 at the initial stages of the Pandemic. The head of WHO is biased because he is a supporter of the Communist Government in China where it all started, in Wuhan.   Its researchers also ignored completely all research results on wearing of masks and worse spread fake news on the effectiveness of masks in slowing down the spread of Covid 19, which was better called the Wuhan Virus in line with normal and truthful conventions. Worse, after the GE15, Julfazli was arrested for pointing out the fake and racist videos whereas the uploader of the videos were not even investigated. Asking people to stop uploading these fake news is not practical because we need to show their nature in making the corrective comments.

Cadangan Pembetulan Identiti

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Cadangan Pembetulan Keadilan Ekonomi

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      Kesaksamaan dan Keadilan semua nya tidak bererti kalau semuanya berdasarkan pembohongan dan kebodohan. Contohnya, Sabah di beri peruntukan 50 sen setiap penduduk tetapi Malaya diberi RM1 untuk setiap penduduk tapi ini di anggap sebagai adil dan saksama walaupun Sabah adalah negeri termiskin sudah berpuluh tahun sampai termiskin di dunia sudah dalam beberapa aspek seperti jalanraya, tetapi pengeluar minyak, kelapa sawit dan kayu balak terbesar di Malaysia.   Equality and Fairness are all useless if they are all based on lies and stupidities. Sabah is given 50 cents per population whereas Malaya is given RM1 per population, and this is considered as equal and just even though Sabah is the poorest state for decades until it is the poorest in the world in many aspects, such as roads, but the largest producers of oil, oil palm and timber.

Manifesto Rakyat

 224 muka manifesto. Dia mahukalon MP endorse manifesto ini. Boleh tahan juga. Seolah olah menghalalkan LGBT tetapi sebenarnya tidak. Tidak boleh diskriminasi sahaja. Apa kita boleh buat dengan diurang? Bunuh mereka? https://ms.manifestorakyat2021.org/  Malangnya, manifesto ini tidak berdasarkan fakta, malah pembohongan ketara. Semua adalah tuduhan yang tidak berasaskan fakta atau apa apa hasil kajian.

UBI improves employment and well-being 6 May 2020(corrected data)

New Scientist: Universal basic income seems to improve employment and well-being. https://www.newscientist.com/article/2242937-universal-basic-income-seems-to-improve-employment-and-well-being/ Universal basic income seems to improve employment and well-being HUMANS 6 May 2020 By Donna Lu New Scientist Default Image Finland’s universal basic income study has revealed that the programme doesn’t seem to discourage people from working Michael Brooks / Alamy The world’s most robust study of universal basic income has concluded that it boosts recipients’ mental and financial well-being, as well as modestly improving employment. Finland ran a two-year universal basic income study in 2017 and 2018, during which the government gave 2000 unemployed people aged between 25 and 58 monthly payments with no strings attached. The payments of €560 per month weren’t means tested and were unconditional, so they weren’t reduced if an individual got a job or later had a pay rise. The study was nationwide ...

Finland’s ‘free cash’ experiment fails to boost employment 2019(faulty data)

The Guardian: Finland's 'free cash' experiment fails to boost employment. https://www.theguardian.com/world/2019/feb/08/finland-free-cash-experiment-fails-to-boost-employment This is only interim finding which turned out faulty. UBI did improve employment. Finland’s ‘free cash’ experiment fails to boost employment But scheme giving unemployed £475 a month did leave participants happier and healthier "Finland’s centre-right government’s original aim was to expand the trial after two years in a bid to combat unemployment, which has been persistently high for years. But it changed tack last April, instead imposing benefits sanctions on unemployed people who refused work. Joblessness has since hit a 10-year low of 6.6%." Employment improves with disencentiving unemployment but discourages self employment. He said the end of the two-year trial, during which he published two books, had made it difficult again for him to accept commissions, because “I ... can earn only 3...