Indonesia Economic Struggles and Inflation
The Indonesian rupiah has reached a record low against the US dollar, with a rate of 17,100 per USD. The country's economy is struggling, with a decline in the stock market index (IHSG) and a decrease in government savings at the Bank of Indonesia (BI). Despite this, some people are still able to spend on non-essential items like concert tickets and luxury goods. There are also discussions about the financial struggles of the younger generation, with some comparing their experiences to those of their parents or grandparents. The issue of inflation is also being felt, with prices of everyday items increasing significantly.
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Update negara kecintaan kita hari ini:
- Rupiah melemah di 17.063 per 1 USD
- IHSG anjlok di 6.971
- Tabungan pemerintah di BI tersisa 120T
Sementara itu, BGN beli 25.000 sepeda listrik senilai 49 juta per motor, atau 1,22 T in total..
Gak paham lagi gue
Rupiah tembus 17.100 per dollar AS, saldo pemerintah di BI sisa 120 triliun, TAPI MBG TETAP DIBAGIKAN OKE GAS OKE GAS JOGETIN AJA
- Currencynya melemah terus.
- Indeks sahamnya turun terus.
- Anggarannya defisit terus.
- Bendaharanya gak tau ada pembelian fasilitas masif.
- Pejabatnya ditanya anggarannya dari mana dijawab “pokoknya ada.”
I dont know how many “wallahi we’re finished” I have left in me.
BREAKING: Indonesia's rupiah falls to record low of 17,100 per US Dollar
This is why "Concert Tickets Still Sell Out" or "Starbucks Is Still Packed" can't serve as our economic barometer.
The facts:
- Concertgoers & Starbucks visitors aren't the majority in our society. Just a small fraction.
- Those who still go to concerts / love splurging on