PM Yingluck expects goods prices to fall within few months

BANGKOK, 10 May 2012 (NNT) – The prime minister has forecast that local goods prices will fall considerably within the next few months.

Prime Minister Yingluck Shinawatra said on Wednesday that prices of several items have been rising due to numerous factors.

However, the PM believes that the government’s campaign to offer cheap products to consumers is viable option for the public to choose and an opportunity for producers to seek ways to keep their costs and, eventually, prices down.

The prime minister also expects that certain goods, particularly farm products, will see their prices adjusted down by market mechanism, during the rainy and cooler season, which is due to arrive in a few months’ time.

When asked about public resentment towards the Commerce Minister’s handling of higher goods prices, PM Yingluck said that the root cause of the problem should be more about the work system and the measures implemented than any individuals.

She affirmed that not everything is more expensive as prices of some goods have come down or will likely fall soon.

The premier went on to say that the press and the media should help inform the public of where they will be able to find cheap products while the government is trying to lend them any possible help, including a slowdown in the bus fare rise.

-- NNT 2012-05-10

So the goods that weren't more expensive now are, but some are cheaper, and some that are more expensive will be cheaper soon. Meanwhile to make things look better, the government will involve itself in retailing undercutting normal margins and even selling at a loss (because its only taxpayer's money), and artificially lowering the cost of essential services (again subsidised with taxpayer's money) to grant the false impression that things are great with Yingluk.

Also we shouldn't put personal responsibility on those making idiotic statements, because it's the system's fault for allowing incompetents into positions of authority.

The public will pay for the subsidized costs of these allegedly cheaper goods

at some point, now or later, regardless of the latest scam of a new bureaucracy.

apparently under Nuttawat now, being set up to distribute them...

which can ONLY raise the final costs for ALL.

Edited May 10, 201214 yr by animatic

With Thaksin as the crocodile in the background Charlerm as the pink monster with the big nose.

And if not in a few months, then it will all be perfect in time for Santa Claus arriving in december.

BANGKOK, 10 May 2012 (NNT) – The prime minister has forecast that local goods prices will fall considerably within the next few months.

more flipping and flopping than a live salmon on the deck of a fishing boat

Wonderful! So, predicated on the PM's perception of price increases, we will actually be buying at a discount.

With Thaksin as the crocodile in the background Charlerm as the pink monster with the big nose.

Who is Miss Piggy?

cough cough

Pantomime season is early.

Things are more expensive.

No they aren't

Yes they are

What market forces are going to drive prices down?

Every PTP policicy will make proces rise without exception.

And when the debt gets too high they will need to raise tax or VAT and guess what? Prices will rise again!

"There will be no floods" "Commodity prices will come down"

..."and all of these things shall come to pass because I said so"!

With Thaksin as the crocodile in the background Charlerm as the pink monster with the big nose.

Who is Miss Piggy?

The Culture Minister!

The prime minister also expects that certain goods, particularly farm products, will see their prices adjusted down by market mechanism, during the rainy and cooler season, which is due to arrive in a few months’ time.

Market Mechanism? That's why the government is pushing food fairs, price pledging, etc.?

Now tell me, who's confused here

...but I thought earlier this week that Ms. Yingluck said that prices hadn't gone up....I can't keep up with the number of u-turns being made.

And now all together: let it be, let it be, let it be, let it be...let's whisper words of wisdom...let it be...

With Thaksin as the crocodile in the background Charlerm as the pink monster with the big nose.

Who is Miss Piggy?

Could that be 'Podgymam'.....?

Seriously though, this is all getting more ridiculous than anything the Muppets did. 'Prices will fall considerably' (as if!). It's almost at daft as 'every Thai will be rich in six months'.

Even the Thai people aren't that gullible, Ms Y.

Edited May 10, 201214 yr by bigbamboo

I have never seen sonsumer goods prices go down and stay down after they have gone up. Looking into her crystal ball again?

I have never seen sonsumer goods prices go down and stay down after they have gone up. Looking into her crystal ball again?

Copper is used in a lot of consumer goods.

With Thaksin as the crocodile in the background Charlerm as the pink monster with the big nose.

And Yingluck the bird with the long beak, like a Pinocchio´s nose?

Can some tell her don’t speak please. She is completely put of touch with reality and people who believe her must be very simple minded

Can some tell her don’t speak please. She is completely put of touch with reality and people who believe her must be very simple minded

Two Bush's an Obama and a Tony Blair. She ain't that bad!

With Thaksin as the crocodile in the background Charlerm as the pink monster with the big nose.

Who is Miss Piggy?

More appropriate than you might think, as Miss Piggy quite likely had Chinese ancestry. Her surname is Lee, and she possibly learned her karate from cousin Bruce.

so as nothing got more expensive and now prices are going down, than it must be a deflation, or?

And if not in a few months, then it will all be perfect in time for Santa Claus arriving in december.

You mean Thaksin the Santa?

A week ago she promised prices would fall in June.

And if not in a few months, then it will all be perfect in time for Santa Claus arriving in december.

You mean Thaksin the Santa?

You're thinking of Satan's Claws.

Can some tell her don’t speak please. She is completely put of touch with reality and people who believe her must be very simple minded

Two Bush's an Obama and a Tony Blair. She ain't that bad!

George H W Bush was a decorated serviceman who had 29 years of service to his country as congressman, senator, vice-president and president, and has many other credits to his name. Without even considering the other long-serving politicians (like them or not) to compare him unfavourably to some some airhead who gained her position through simple nepotism and has managed SFA in her limited time in office, is simply odious.

So the goods that weren't more expensive now are, but some are cheaper, and some that are more expensive will be cheaper soon. Meanwhile to make things look better, the government will involve itself in retailing undercutting normal margins and even selling at a loss (because its only taxpayer's money), and artificially lowering the cost of essential services (again subsidised with taxpayer's money) to grant the false impression that things are great with Yingluk.

Also we shouldn't put personal responsibility on those making idiotic statements, because it's the system's fault for allowing incompetents into positions of authority.

Totally incomprehansible nonsense... a perfect interpretation of what the PM has said!

Every time she speaks she decreases the sum total of human knowledge