Wednesday 15 February 2023

Ringgit Malaysia : We got to move these refrigerators (money for nothing)

is Dire Straits best selling single of all time, having also won the rock group the 1985 Grammy for best performance by a duo or group.

I have often stated that the main reason why the Ringgit firmed at RM4.27 and not end up at RM5 was because we as well as the foreign funds believed that Anwar Ibrahim was a change for the good for Malaysia

We got to move these refrigerators
We got to move these colour TVs
Listen here
Now that ain't workin' that's the way you do it
You play the guitar on the MTV
That ain't workin' that's the way you do it
Money for nothin' and your chicks for free.


WELL the strength in our money was certainly not for nothing. It was for reforms, it was for giving the small man an even chance and not for Nepotism nor for Erdoganomics




THE Ringgit now is at RM4.42 to the US dollar, the worst position it has been since Anwar Ibrahim took over. But this is just the opening act, soon it will be RM4.50 and the outlook is downwards all the way.