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Old 20-04-2016, 09:43 AM
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Default On 14th April 2016, MAS Devalued Our Money

In the past year or so, MAS devalued our currency and I did state that they won't stop there.

On 14th April 2016, (Oops!) they did it again!




As reported on CNA: MAS to stop Singapore dollar from rising in surprise easing of monetary policy

Actually there's nothing surprising about it. In fact, we've been EXPECTING IT!

YES - WE DID. That's why we've been buying physical gold and silver to protect our hard earned money from being DEVALUED, you MORON!

Here's an article I found a good read on currency wars and regarding the latest SGD devaluation by MAS:


Currency Wars continue to rage in the Far East

Wikimyf'kingpedia: No matter how they spin it, monetary easing policy is just another word for currency devaluation. In lay man's term of understanding, our salary and our money in the bank are now worth-less. Kapiche?



Update: Watched the news on CNA yesterday. It says the S$ is stronger after the "monetary easing". Wtf, who are they trying to kid.
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Last edited by sunburn; 20-04-2016 at 10:03 AM.
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Old 20-04-2016, 10:18 AM
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Default Take the Red Pill..

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