It will happen whether we wish it or not
so what do we do? be financially smart.
start investing early. educate your kids on finance and investment.
don't leave it too late. By the way, not asking you to blame your parents or grandparents for not educating you early
or for not buying many landed properties instead of HDB or Toyota Corolla 40 years ago
.
So choose your weapon of choice to beat inflation, be it properties, stocks, bonds, commodities, etc.
Stop whining and start doing something about it. For starters, start writing to ST and your MPs asking government to drop the price of kopi-o, also ask them to drop taxi fare, bus fare, mrt fare. If that doesn't get results, then better start reading up on investment books.
or in worst case scenario, migrate to Japan, deflation over there.