Price Increase Due To Inflation Or Perception Of Better Quality and Services

http://createwealth8888.blogspot.com/2007/01/gift-from-friend.html

Not all price increases are due to inflation. Some price increases are add-on partly due to better quality and services provided or perception of being better like the story of 3 cans of Coke.

I remembered during my childhood days, chicken or ducks were served at the dinner table only on festive seasons or family celebrations.

Chicken rice? No, not any chicken rice. We may want to try the best chicken rice in Singapore and of course it will definitely cost more. We also want to eat Peking Duck, Suckling piglet, Lobsters, King Crab, and Hairy Crabs, etc.

My friends, life style has changed and we should be forward looking instead looking back.

Be happy! Let me think where to eat the best Turkey? Merry Christmas!