Daily Archives: 2014-08-20

CPF flexibility, alternatives for non-graduates needed: SPP

By Howard Lee While Prime Minister Lee Hsien Loong’s National Day Rally speech raised important issues, more needs to be done to address concerns about the employment of non-graduates and the use retirement monies by Central Provident Fund (CPF) members, said the Singapore People’s Party (SPP) in a media statement. Responding to PM Lee’s speech, SPP agreed that there was a need …

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Central banks, the real creators of economic crises?

By Benedict Chong “A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.” – Ron Paul Every great financial crisis has its roots and consequence. The latest Great Financial Recession in 2008 was triggered by widespread …

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