Daily Archive for November 4th, 2006

Conflicting Signals on Inflation

By Stephen Kangal

Last year, National Security Minister Joseph assured us that crime would get worse before it got better. Crime has intensified. Last week, Junior Finance Minister Enill, following in the same vein of PNM spin doctors assured that inflation would get worse (more than 10%) before it got better (single digit). Meanwhile, while POS is overheating and being ghettoised by the skyscraper landscape, we, the 300,000 poor, must lose the purchasing power of our scarce hard-earned dollars and await the effects of this over-used worse-better syndrome.
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