Article: Another discussion in MMJ Telegram group
MMJ
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A Conversation in MMJ Telegram Group
AA : Salam & Hi, just curious and trying to understand economics. Is many Malaysian tourist going to Thailand instead locally indicates a good or bad economy? Does it indicates Malaysia has stronger currency? Or it indicate cost of living is too high here therefore it is cheaper to spend holidays in Thailand? Or both? Do this reflect weakness in the monetary system itself?
MMJ :
Visits by Malaysians to Thailand and Indonesia increased specifically when Ringgit is stronger than Baht and Rupiah. Does it reflect a stronger economy in Malaysia? Well higher demand for Ringgit does in a way reflect a stronger economy. Malaysia benefited from current high oil prices although before this it has shown some increasing economic strength. Costs of living suffering should be the same in all countries as they all blindly follow the same monetary system. Inflation, joblessness, poverty gap increasing, rocketing house prices should be similarly felt in all 3 countries, their respective level of costs compared to their level of income. A slightly better economy does strenghten its currency making citizens feel a bit richer when visiting neighbouring countries. I hear Malaysians in Indonesia now is like Singaporeans in Malaysia! Btw dont get too impressed with Singapore they embraced riba as a religion and got super wealthy while other nations riba is just something they have to live by.
SY :
Problem of price rise is due to short supply or low production but solution taken is always on adjusting the interest rates.What is the relationship between interest rate and production? especially agriculture and food sectors.
I am not an economist,so pls excuse me.
MMJ :
Malaysia adalah sebuah negara dimana ekonominya berpaksi riba. Yakni Base Lending Rate yg diumum oleh BNM. Di lain perkataan itulah Kadar Riba Negara yg kita akan lapor di Mahsyar nanti. Tapi takpe BNM akan kedepan memberi keterangan kpd Pencipta. Kerajaan pula akan terangkan bahawa BNM ada hak mutlak untuk putus apa sahaja untuk umat akhir zaman. Bangunlah dari tidor se umatku. Paling tidak simpanlah kebencian kpd kefasiqan-kefasiqan ini!
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Dikemaskini [Updated]: Sam Ahmad 20260609