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High inflation in Singapore: Why is it biting us harder this time?

Deep Dive

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The Government of the Day's Principle - How Much Reserve Do We Really Need?

walter: We are a fairly rich country, and all of us know that. But we have to exercise quite a lot of discipline to remind ourselves that if we don't worry about where the moneyis going to come from,. there will be a point in the future where we will no longer be a rich country. The big debate really is just how much buffer do we really need? Just how rich, really, is rich enough? Right? And thets, i think, a very difficult question to answer.

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