Currency spectacle...hoodwinking...

For the past few weeks, news of the economy in Malaysia has more-or-less been the same. Greece facing a meltdown crisis and the Ringgit is traded higher on the currency index.

It should be good news for traders and share brokers and all others along that line. We should flash our teeth and glee, rejoice over the strength of the Malaysian ringgit. Shouldn't we?

I don't know about you, but if you, like me been following the currency indexes, you would know all this is a farce, a hoodwinkin donkey's drama.

The simple question : How is it the GBP dropped from 6.++ to 4.++ against the Ringgit but not the other  currencies. Singapore Dollar, for example still remains at 2.3++ and has never dropped. They keep telling the Ringgit has strengthen against the dollar. What dollar? Since when? Which Dollar are they talking about? The USD perhaps...but then if it is, why didnt it drop like the GBP. Its only logic if MYR is strong then all currencies SHOULD DROP its value. None dropped except GBP.

Dollar drop drastically?

Isn't all this another economy foolish nonsense. If the ringgit is strong, how come we are still buying and paying for our commodities through our noses. Shouldn't the Ringgit  be something like 1.2++ against Singapore Dollars. But its not. The Ringgit has strengthened only against the GBP. Is the UK the only dumbcrap country in the world. But if you were to go to the UK today with all your MYR, am sorry to say you are gona get jolted outa ur skin. The GBP in UK is traded at or more-or-less 1 GBP --> RM6. But here in Malaysia, its 1 GBP ---> RM4.98. What bullshit is this? How is this possible?

Are our Malaysian economy geniuses telling us the Ringgit is so strong that the GBP has dropped from 6.++ to 4.++.

They may fool many as most Malaysians are fools anyway but someone like me like to ask : Can any rationale man tell me since when did Rnggit is only pitted against the GBP and not the other currencies. Sing and Brunei Dollars have remained the same like forever. The saddest part is we are still 0.30 to 0.60 cents cheaper than Thai Baht.  This is the dumbest part of the Ringgit story.

Or is it BNM chose only to depreciate GBP and not the other currencies all because they want the GBP to favour them? Students in England should rejoice over the appreciating Ringgit but I doubt they even know about this. The windfall is only here in Malaysia. SINISTER.

What's more to come? Come what may.. the story never changes. As long as our worthless currency stay pauper against the giant currencies, Malaysians can never get to enjoy the comforts of Euro, USD or even the Pound.

It is not fair nor economic savvy to make the Ringgit to favour only a handful of people for their own welfare.