{"id":4815,"date":"2009-07-23T01:40:12","date_gmt":"2009-07-22T15:40:12","guid":{"rendered":"http:\/\/maddruid.com\/?p=4815"},"modified":"2009-07-23T01:40:52","modified_gmt":"2009-07-22T15:40:52","slug":"2041-of-actually-it-might-last-longer-than-initially-thought","status":"publish","type":"post","link":"https:\/\/maddruid.com\/?p=4815","title":{"rendered":"[2041] Of &#8230;actually, it might last longer than initially thought"},"content":{"rendered":"<p>Remember the <a href=\"https:\/\/maddruid.com\/?p=4789\" target=\"_self\">immediate previous post<\/a> about deflation in Malaysia and how it was expected to succumb to inflation later in the year?<\/p>\n<p>Yesterday, being a centrally-planned economy that Malaysia is, the Cabinet decided against a hike.<\/p>\n<blockquote><p>KUALA LUMPUR, July 22 \u2014 Malaysia\u2019s government today vetoed price hikes for electricity and natural gas, fearing a repeat of anti-government protests that saw its popularity slump in 2008.<\/p>\n<p>Under proposals discussed by the cabinet today, the country\u2019s influential Economic Planning Unit had suggested a 24.6 per cent rise in the price of natural gas and a 4.9 per cent hike in electricity prices from Aug. 1 to reflect the rising cost of energy. [<em><a href=\"http:\/\/www.themalaysianinsider.com\/index.php\/business\/33071-malaysia-government-rejects-energy-price-hikes\" target=\"_blank\">Malaysia government rejects energy price hikes<\/a><\/em>. Bernama via The Malaysian Insider. July 22 2009]<\/p><\/blockquote>\n<p>I am not sure if inflation will come back as soon as analysts predicted earlier. I know, I know, they based the return on the expected hike of taxi and bus fare hike. But I think this decision can potentially affect inflation expectation in a way that prolongs the deflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Remember the immediate previous post about deflation in Malaysia and how it was expected to succumb to inflation later in the year? Yesterday, being a centrally-planned economy that Malaysia is, the Cabinet decided against a hike. KUALA LUMPUR, July 22 \u2014 Malaysia\u2019s government today vetoed price hikes for electricity and natural gas, fearing a repeat [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[825,757],"class_list":["post-4815","post","type-post","status-publish","format-standard","hentry","category-economics","tag-deflation","tag-fuel-prices"],"_links":{"self":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/4815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4815"}],"version-history":[{"count":2,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/4815\/revisions"}],"predecessor-version":[{"id":4818,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/4815\/revisions\/4818"}],"wp:attachment":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}