I Spoke To The Finance Minister of Malaysia About Our Economy.

[@MrMoneyTV]

Here's to hoping and praying that Budget 2023 would be a good one 🤞

[@madrain3941]

They should start teaching personal finance in schools so that more people can start saving and investing/starting business to grow the economy even more, we need more competition so that prices of goods in Malaysia can become more competitive.

[@shutengloke5907]

Strangely this is one topic that have yet to make it to any country education system.

[@nazrulhanif6372]

Indeed. But during my time, I have taken subject Kemahiran Hidup (Perdagangan sub-Course) during my Tingkatan 3. In this subject they do teach about business, cost management, franchises, debit and credit. But it is more to accounting I guess. I am to young back then, to understand all of that and we all only thing about playing with friends. But for Personal Financial Planning, i think, this topic should be teach in school. Guess what, I still remember the debit/credit ledger i use to create to track my daily school fund saving for me to play in Cyber Cafe during the weekend 😂. I still remember where I save 30-50 percent of my school fund just to save RM5 weekly, so that I can play cyber cafe RM5 for 3 hours, and I did use Debit for Savings, Credit for spending for tracking. Hahaha

[@hazimm88]

the new kssm syllabus already introduce consumer mathematics in maths. form 3 you learn abt investments, savings, debit and credit. form 4 is financial management and form 5 is taxation and insurance

[@lowerfive6318]

go see topik-topik utk tajuk wang tahun 6 (matematik)...

[@mdnoorade]

Teaching finance in school level is so complex because it involve many category such as Economic, Market Perspective, Projection, Budgeting and so on. This subject only can be learn in University or College level. However, they can include or introduce the concept in some subject such in Perdagangan or Accountancy.

[@akane8615]

As someone that study economic, everything tht he says here is correct to me. What feel like propaganda is the fear mongering that we're going bankrupt, while the truth is.. we're doing quite well during this inflation period. Is the political instability the reason why some people are instilling fear so we lose trust in the govt? I dont do politic, but i hate misinformation.

[@shalimarsulaiman7557]

Blame some of the reckless opposition on this!!

[@faisalz8849]

Misinformation that leads to removal of GST is one good example.

[@ocean445]

Every guy in kedai kopi:wait what.. We need to discuss this

[@Balangair1]

@@faisalz8849 Damn right! The disinformation orchestrated by ahem! Rafizi actually did a lot of damage. Who can forget the idiotic 'if PH takes power, petrol turun RM1.50/litre!

[@DenLim123]

@@shalimarsulaiman7557 again blaming the opposition, how bout blame the corrupt malays like najib, umno, pas for ruining the country

[@kelvinyiow1172]

I'm hoping the budget will help m40 to cushion the impact of increasing opr and inflation cos we are without any forms of direct monetary help from government. For example tax relief of housing loan interest for m40

[@TheNazreensyah]

when you got someone from a bank that actually knows about money and economics. had some opinions on him before, now more positives than not. we missed the times where we would actually have a doctor to be the ministr of health, teacher as mnister of education, a soldier as the minister of defense etc....now mostly politicians

[@aliey9330]

True, that is what they do in canada, all the minister is from the same background as their minister role.

[@sam-gt7eq]

Coudn't agree more

[@HotRod16]

This is the kind of finance minister I like. He knows the finance stuff well, and ready to hear from rakyat. He seems down to earth too. Muhyiddin did pick the right person last time.

[@sapshady8020]

I watched just one or two interviews of tengku zafrul and I already like him like,.. u can see he really know things, and also he know his stuff really well.. also look very chill and cool ...

[@williamng1693]

Very clear and clean explained by Zafrul, great video bro👍

[@azizahabdullah1143]

Wow malaysia's finance minister has both brains and good looks. Speaks fluent english too with malaysian accent which I like 😀He tackled the Q&A very well.👏

[@DenLim123]

All empty answers with false data and wishful thinking, this is the kind of ministers that are destroying the country and you are the kind of malay that is too stupid to see it

[@nazhkun7868]

He was the managing director/CEO CIMB Malaysia

[@azizahabdullah1143]

@@nazhkun7868 Patutlah. Malaysia perlukan orang2 melayu saperti-nya, berwibawa and highly intelligent, untuk memimpin negara.

[@imthedanial]

@@azizahabdullah1143 doesn't have to be Malay lah, just intelligent ministers, regardless of race and religion

[@simcn73]

Glad he is the Finance Minister.. smart guy

[@azzatazizi]

Heck yeah..he was the CEO of CIMB Group but unfortunately in the wrong side of politics.

[@zainuddinibno8507]

yeah.. Zafrul is the best Malaysia's finance minister today we have

[@DenLim123]

What copium are you smoking, I would like some if you think he's the best finance minister, Malaysia hasn't had a good minister in decades, he's a retard that has no idea what the fuck he's doing most of the time

[@KK-jq5yx]

He knows much better than those politicians with 0 knowledge abt economics. Example: Najib n guan eng 1) debt all abt our ability to pay back. Also, Debt denominated in foreign currency is something we watch out for 2) rolling back regulation and make conducive environment for business to thrive is the key for covid recovery before we talk abt economy transformation I would prefer a finance minister who worked in the banking industry than a politician

[@chokelatfruitty7257]

when minister came from finance background and for me competent enough 👍🏽

[@user-pm4ko9uk8g]

At least zafrul is not a dumbo that bank in money to own account. Can articulate well the optimism in challenging times.

[@natep6729]

The problem with Malaysia is, the plans are usually great, better than the developed countries really. but we fail miserably in application. The finance minister did a good job explaining all their plans but will the PM follow through? That's the real question

[@faristertaisung8379]

this so underated comment, to put it simply malaysian plan is sembang kari

[@Apos19]

When I watch Mr Money TV I always expect a video packed with information i never knew I needed. Thank you for the video!

[@theoryxz]

wow, a big video. Most welcomed. Well done Mr Money TV.

[@huzafah_]

The yb definitely being very careful of his choice of word 😂

[@MOBAJOBG]

"First of all, thank you for your time ...Peter" as quoted by YB Tengku Zafrul, the Finance Minister of Malaysia. May God bless him and his family. 10:37

[@MTMT-wm2dq]

Why bless him and his family??? Ringgit sinking right???

[@kalilsuyan871]

the knowledge of him about economics is yes undoubtable. the only problems of him is denying the truth.

[@jollyrancher400]

A very professional personal.. don't let him fall into the pit of dirty politicians

[@obsun001]

Well explanation YB. The GDP is high, national debt is OK but why the rakyat still need to pay more for essential like interest rate on loan, cooking oil or even toll. I wish the upcoming budget will address these issues...

[@zarith87]

its not an issue... its a tool base on Keynessian Macroecomics model... its call Monetary Policy... learned it.. then u will understand.. tones of videos in youtube teaching about monetary policy... i suggest as a start learn the concept from CrashCourse youtube channel by american economist...

[@GhafarNawi]

Do more like this. Find clever minister from opposition or government side talk about their ideas. I know you guys are neutral and try to avoid talking about politics. We discuss idea, much more better!

[@imthedanial]

why not have MPs from both sides of the coin to talk about important issues? would be a step forward towards a mature democracy

[@MTMT-wm2dq]

No clever minister available from both government and opposition, period. Ringgit sinking fast, why ???

[@darknight-890]

Dont buy house and car if your salary below rm2k..try rent and use motorcycle..if you see vietnam and thailand there a lot scooter on their road...think about ourself economy first before country..many youngster bankrup because of this..

[@teukurian090598]

I'm a fresh grad and I see lot's of my friends making this mistake. Got their first job, then angkat myvi 60k. Better la buy a 2nd hand honda ke, then the rest of the money can invest into an index fund

[@lingth]

Funny how no one advise to use public transport...

[@teukurian090598]

@@lingth It takes about 1 hour to go from my house in Kajang, to my workplace in Shah Alam. If I use public transport? 3 hours. That's 6 hours of commute per day, or a quarter of my day. It's just not feasible. If you live in KL area can lah.

[@n9bi-k9z]

@@teukurian090598 biar papa asal bergaya

[@BK8MoneyMaker]

OMG...Mr Money is getting better and better 🤯 Now can even interview Finance Minister 🤣

[@DarkwarriorGamingandVideos]

our inflation still better than europe and usa 10%+ inflation , but i hope we can reach 1% inflation before another global supply chain crisis starts . also i think its best we focus on food security too such as investing in more high tech and efficient farms , we import way too many grain from ukraine , i think its time for us to start planting whatever plantations ourselves cause i dont see the russia ukraine war coming to and end anytime soon

[@JC-xm9lo]

The official inflation rate of our country is not correct, our rate already up to 8%++

[@muhamadhanifsafwanabrazak551]

1% inflation is impossible at Malaysia, even most of the world. I think you need to read why inflation in needed. What the government role is to control inflation. stable rate of inflation is around 2-3% annual. Unlike Japan which their usual average inflation rate is around 0%. one of the reason is their culture itself. In Japan, it is "forbidden" to ask for a salary raise. unlike Malaysia, we can always demand or jump company for raise, of course it's depends on the industry and your skill level laa. Correct me if I'm wrong

[@faisalz8849]

@@JC-xm9lo simple pluck figures from coffee shop ah 😆

[@rollinghippo2940]

1% inflation rate is not healthy to the economy, it means that ur economy are not growing much, 2.5% would be the sweet spot

[@gohyonghongluke3443]

Even included Singapore.

[@skanthaadsigns]

Bro can ask YB why RM dropping valie for 50years after beibg equal value with Spore & Brunei dollars? Maybe YB can share the secret to us B40 Citizens

[@HotRod16]

Agree. I wanna ask this same question too. And how can we improve our ringgit

[@zarith87]

devalue of ringgit is by design to protect export and FDI... BNM have enough assets (110billion USD foreign reserved assets) and tools (Increase interest rates x10) to make 1SGD to 1MYR...

[@hakelehrilekah886]

The devaluation of ringgit is good in terms of export. Like you said,it's a design devaluation not because of our economy collapsing whatsoever.

[@rollinghippo2940]

@@zarith87 people should have listened to u more instead of entering panic mode like sheeps all the time

[@rollinghippo2940]

@@HotRod16 we can but we should not, if u are selling a nasi lemak for rm2 today and suddenly increase it to rm8 a plate tomorrow, would u expect people to still buy nasi lemak from u

[@bryanlim7592]

Whilst I always appreciate the content that Mr Money TV puts out as both informational and educational - there's just that unshakeable feeling that these interview sessions with YB Finance Minister just come off as either interim propaganda to drive confidence (or in the hopes of) or just outright white-lying (not showing the whole picture / selective data). Nonetheless, keep up the work / effort MMTV. Perhaps some tips and tricks in next video on how to either ride the inflation season, or benefit from it.

[@Sllee93]

Lol bro…the moment he says smth bad, our economy will collapse la. Like it or not, we’re a small fry country. We heavily depend on giving a good image to other countries.

[@praveenmarkandu]

LOL I found it funny that he quoted some random stat to say our consumer spending is above 2013 levels. Like..... why doesn't he pick a 1973, 1985, 1992, etc. Using random stats is fun.

[@hanshen3588]

@@praveenmarkandu Economy is always on the notion that it is supposed to be rising, so using more recent data give validity, I guess. Constant or stagnated economy is considered bad, apparently (like Japanese economy)... I don't understand why Malaysian is so pessimistic, while our inflation rate is still low compared to our neighboring countries, & we are currently THE fastest growing SEA. Give credit where it's due, mate...

[@redindian2209]

@@hanshen3588 for the time being, with our silver cows like palm oil going through daldrums we can be forgiven for stagnated economy. it is our job, to take on the world in consumerable manufacturing for bottom of the to countries

[@vtn08]

@@hanshen3588 Inflation rate is "low" because the gov subsidies (RM70bil for oil, RM1.1 billion for chicken & egg). But for how long can we rely on gov to keep giving subsidies? So what fastest growing SEA? Did u see the rising prices in F&B, tolls despite all these increased subsidies? Ringgit depreciation against SGD (1 SGD to 3.2 MYR). Worse traffic jams compared to pre-COVID levels.

[@fm41380]

From amount perspective, of course the spending amount increased comparing with 2013, but do remember US to Ringgit convert rate was around 3.3. I hope expertises could show comprehensive analysis, are we truly growing or shrinking? Don't tell me 2013 I spent RM130 to buy 1gram gold, now I spend rm290 is growing while salary still remaining

[@goldenknowledge5914]

Wow he made it guys.

[@johndoe09]

We need 10 more this type of malay guy.

[@mkleng]

Yes we do. I’m a Chinese Malaysian btw. But they are really scarce. Who else lah?!

[@ridobets]

Ask why how Malaysia can increase workers wage gradually.

[@pengeranafif8860]

Price is going up , but the salary is still same for the past 10 years .

[@laaa9290]

Not same actually

[@Sanjiku88]

Fresh graduate, or lower grade staff salary are kinda same. This data can easily taken from many job sites or master list of salary of company

[@lingth]

What kind of job pay the same for 10 years and the employee is still working there??? If a job pay me the same pay for 2 years.. I won't be working there in the 3rd year.

[@topdeot]

How about reducing spending, cutting taxation, and business regulation?

[@ExtrusionXDesigns]

everything u mentioned stunts the economic growth lol

[@hwhdhyd1857]

I dun support PN government but Zafrul is way more professional and better than the Lim God Eng

[@devin6037]

I believe the things he say especially backed with hard facts but I think the biggest problem with our economy is not how much the government is pumping to stimulate the economy but how much went missing in between.

[@mohdfuaadmohdsarmin6474]

Good job YB TZ. I trust we will going better next. Even im not from economy background but i like to hear ur explaination / information.

[@mercilessgamer2431]

retail spending increased by 30%? -due to inflation is it? -how about purchasing power?

[@muhamadhanifsafwanabrazak551]

good point

[@faisalz8849]

Due to KWSP money in circulation lah.. and moratorium money.

[@bangxingho3408]

Is consumer spending increase because people are buying more goods and servuces or is it because of inflation?

[@clarissaqw1468]

Same thoughts

[@joshuadoliveiro]

Sceptical of his loyalties but in the current political environment where his party’s power is more balanced by PH, I think it is possible for him to do a good job that benefits the people.

[@liutenantkennels3963]

keyword: "this year"

[@ahmadbakrizubir]

Excellent video!

[@zaczikrie575]

no need GE la yb. economy is on track right now

[@yutakatong2443]

Banker know how to use figure but the reality is people is suffering .....while they are getting big fat salary

[@balsofi2448]

How are subsidies funded? Is it through tax?

[@JamesYeang]

Our inflation rate is 2.5%?

[@ruslanmuhd5032]

Today after 2 months. Who's gonna be next finance minister in Anwar's administration.

[@janetlim]

Why need to compare until 2013...the price of goods and service in 2013 is much different now.

[@knock-knockwhosthere9933]

Maybe the latest updated figures compiled in the database are only til Year 2013 😂

[@janetlim]

@@knock-knockwhosthere9933 You are quite optimistic. I'm thinking our number is lower compare to 2014-2021. 🤣 That's why need to take 2013.

[@hakelehrilekah886]

10 years comparison is normal in the field of economy or finance lol.

[@ericlee5683]

How about Gst ? Will it start next yr ?

[@khilafalam]

Sembang syoklah bilion2 yb ...rakyat yg di bawah still sama je ...hak kebebasan utk rakyat still di sekat..Gaji min pown masih di bawah tangga yb

[@hafizuddinhalimz]

I m waiting for a 1mdb debt question from Peter

[@voules.spillay5328]

Unfortunately currency is basically toilet paper…and why you comparing our reserves with failed country?

[@faisalz8849]

Because he’s answering the question posed lah aiyo 😆😆😆

[@vtn08]

9:46 MY inflation rate 2.5%?? LOL What are the basket of goods in this calculation? 2.5% today or this month? Teh Tarik was ~RM1.80 and now its ~RM3 in KL and % increase is similar for F&B

[@syahmellow5114]

www.dosm.gov.my/v1/index.php?r=column/cthemeByCat&cat=106&bul_id=Tm50SFJadXk1SUIveTVXb1JCSTZaUT09&menu_id=bThzTHQxN1ZqMVF6a2I4RkZoNDFkQT09 i'm not suprised

[@kucingmalaya1177]

Teh tarik was 20sen in 1970

[@andufalha]

@@kucingmalaya1177 still can get for RM 2 per teh tarik in MidValley KL if you know where to look. But yeah RM 3 is more common nowadays if you have it at mamak shop.

[@asianism8127]

@@andufalha Blame the f&b sector... food vendors increase their prices irrationally despite enjoying many subsidies from the government to profit more from consumers. Report to KPDNHEP if prices are ridiculously high

[@andufalha]

@@asianism8127 true. My wife worked at one of the court complex. the canteen supposed to provide a very affordable priced meals to both staff & public visitors. But instead the opposite happens. Another example was the usual chicken rice spot that I frequented before. Despite the controlled chicken price, it is being served at RM 7 per plate with reduced chicken portions, no more tomato slices & garlic paste, and barely any soy sauce on the chicken. So bye bye to the spot. It is ridiculous how these F&B operators took profit these days. Even RM 2 is hard for you to get a decent nasi lemak with half-cut hard boiled egg these days.

[@unknownperson7371]

Imagine having the country debt denomated in RM to save RM from depreciating, but it still loses its value.. Ask YB about RM's future, why FDI stats showing increasing alrd, but RM still no value SG debt-to-gdp alrd 100+%, SGD still so healthy, Msia only 63%, but RM go down like shit.. I dont think comparing debts is relevant to evaluate whether a country can survive or not, but comparing ur country's currency value for sure does :)

[@madrain3941]

Dude, you don't loan in RM to "save RM from depreciating". That's not how economics work, you loan in RM to be safe of foreign policies and interest rates. Plus, our currency is not devaluing (as of this moment), idk where you got this info from, the US dollar is the one rising in value.

[@unknownperson7371]

First of all, thank you for correcting me on my first statement. Second, im not comparing with usd, im comparing with our neighbour, sgd. Lots of countries not accepting Msia ringgit, shows how weak RM is.. maybe YB should come up with solutions to save our currency :')

[@rahmanwang]

@@unknownperson7371 You are not wrong. Firstly with regards to Foreign debt, what Tengku Zafrul said last time is incorrect about Japan & SG. These 2 countries are both net creditor nations. For example you may have a car loan & housing loan of RM5Millions but you have Fixed deposits of USD5 million kept @ Swiss Bank. That's why SGD is appreciating. The reason JPY is depreciating is due to the loose monetary policies implemented by Bank of Japan.

[@zarith87]

u totally have no idea or any clue how macroeconomics work... please read la bro, u sound dumb... Keynessian Macroeconomics & Monetarist.. u have absolutely have no clue what is going on in Forex Market currently intermarket corelations with each country business cycle.. I'm pretty sure u dont even know that world currency Special Drawing Rights (XDR) even exist...if u want to compare MYR value so much now open up your curency exchange compare MYR with XDR and see...

[@vtn08]

@@madrain3941 it seems odd that US value is rising when the price inflation in US is really high. US “official” report of inflation more than MY also. why do you think so?

[@kentchang7671]

Inflate 35% to up 30% retail, still missing 5%, assuming the 5% being distributed to the needy, are that really enough to boost or recover in the stagnation period? Always do remember, increasing OPR or basis point in the lending rate, merely juggling around the existing number to look better in which as good as using a single cap to cover the 9 holes but that itself is actually giving pressure to the single cap where I believe even those who interviewed and the crews who work behind also know that they themselves felt the screws. Lol. 1st. Lockdown effect via pandemic due to political ineptitude. 2nd. Natural disaster effect over floods handling. 3rd. Multiplier effects. 4th. Corruption effects. 5th. Opportunities cost effects. The above merely a surface where yet to accrued in the 2nd layer calculation and the hierarchical distribution. Yet to factor in the DPA, land act, bank act contradictory over protectionism.

[@zarith87]

Let me answer, base on my research using Keynessian + Classical economic model (the standard AD/AS Model) and Moneterist Macroconomics Model (MV=PY model) 1) Monetary policy - Interest Rates is the basis of Keynes Macroeconomics model - every country has business cycle, the goal is to keep Output as close to 3%-5% and Inflation rate at target value of 3%.. when shocks happened like covid or war, out put will drop like maybe goes to -ve number, the way to counter this is to reduced interest rate (like BNM did in 2020 they reduced fr 3% to 1%) make lending cheaper thus increase in aggreage demand the output sooner or later will get back to 3% output, which we already returned to normal level output and employment at Full Capacity at the cost of high inflation within 1 or 2 years (thats what is happening world wide right now)(in some countries interest rate too low they opt for Quantitative Easing like Japan). so when higher then target inflation happened and economy recovers faster then normal (its called Overheating) Interest rate should be increase slowly back to normal rate to keep target inflation of 3% at the cost of slower output (That what BNM doing right now slowly increase OPR same as other advanced economies like USA), to keep target inlation to 3% without risking the economy back to -ve output.. 2) Informal Economies - When talking about corruption it is fall under informal economies, as well as like drugs business, prostitutions business, gambling business, even small informal business like those banglas doing potong rumput jobs, makcik selling nasik lemak at school compounds without registering in formal economies.. the idea is like this lets say you as curropt MB stole 10million in public funds, the end of the day us still need to spend the money right..? lets say u spent the stolen money to buy a 1million lomborgini in AhBeng motor, and that that 1 million AhBeng recieved in Formal Economy and being calculated as GDP... note: thats does not meant curroption is good but im saying as thats how economist calculates informal economy into formal economy.. 3) Monetarist Model - MV=PY.. u see MYR is Fiat money money need to be contstanly being printed, the problem is when too much print money = hyperinflation, not printing money economy wont grow / standard of living not increase.. when in low interest rate lending money (money multiplier effect) is cheap so more money being "printed"thus more money in circulation thus according to MV=PY price increases.. u can see in BNM that M1 money supply exponencially increase from 450billion MYR in q1 2020 to 600billiom in q1 2022 that is 150billiom new money being printed in just 2 years.. when too much money printed chasing limited amount of goods will translate in increase prices.. so next step is to increase interest rate to slowdown the money multiplier effect of printing money to keep target inflation to 3%... so thats my amswer to u.. hope thats helps understand what is economy..

[@rollinghippo2940]

@@zarith87 i think the ideal inflation rate is about 2%

[@haijason5489]

lps channel financial faiz buat interview dgn Menteri kewangan...mr money pon nak jugak.. kikikiikiki

[@AbsoluteTartarus98]

Tengku Zafrul is genius.

[@AugustineCheng]

senator tu bukan yb

[@limsiewchuan9140]

Future Prime minister

[@shengting798]

Watching this currently in September, this is a joke.

[@augustineraja]

Ask the Minister why Chinese and Indians got only 3% when both are 30% of the population while Malays with 70% of population got 97% of budget 2022 allocation last year ? Is this fair allocation ? Will the same trend continue in Budget 2023 ?

[@stmpo5595]

It will be business as usual as this is Malay Islam govt.

[@Aisaaaa987]

Banyak lo 97%. So i no need to work la right. Thank you government

[@kingdavidtaidawei]

Currency devaluation under YB. How to resolve this?

[@popocucu7749]

Fair to keep majority happy....

[@augustineraja]

@@popocucu7749 However according to Pasir Gudang MP the money does not reach the majority B40 and M40 Malays. It benefits the T20 Malays who are actually minority.

[@hafizuddinhalimz]

1MDB debt is in USD

[@louong93]

I'm Malaysian Chinese. Gotta to admit Chinese is the biggest spenders between malay and Indian. Those day people that above 60 years old Chinese even they were ceo earning 30 k for a month driving kancil or proton Saga. I am not against people that likes big cars. But one of the most important things instead of buying big cars you can option to buy a normal motorcycle. Instead of buying new car you can buy 2nd hand car.

[@rollinghippo2940]

I noticed that chinese and then malays, and lastly even indians are spending more for entertainment products like high end smartphones and macbooks. Im afraid that we are becoming too materialistic and it could even be bad for the economy

[@shahrezamohamed1516]

Hmmm

[@edouardfelicite69]

Finance stuffs.. i like thay

[@pkmcb300]

Most Malaysian nowadays are extremely ignorant to accept and acknowledge that our economy is extremely bad. Unfortunately our people still fail to see it that way. They are still spending like no tomorrow and buying plenty of unnecessary stuff. Partly thanks to our gomen and of course our FM. By next year hopefully we’ll see some very tangible results of the meaning economic failures. We are really katak dalam tempurung financially and economically.

[@ocean445]

Yes of course I'll let you know everything ..tp boong

[@cheap_zynga_poker_chips_pm_me]

Talk louder then action. go take RM50 and spent in supermarket see how much u can buy

[@hakelehrilekah886]

Pffttt hahahahahaha... sian , poor + bad attitude kekw

[@rollinghippo2940]

In usa, a single lunch in an average restaurant could cost u 15usd per person, talk about global economic issue

[@silkhanas86]

try spending in other countries how much $$50 can get u

[@ChrisG-om9uy]

Is this PRU15 talk?

[@1968sidney]

Our neighbors our doing better than us.Ringgit is also depreciating.So,how is it that our economy is improving???😎

[@X_101]

🤔🤔is good,,,go,,go msia,,

[@abduljalilmohamednor2531]

Poor ‘hearing/understanding’ of what was being said by the minister; pls improve on the english ‘subtitles’.

[@shamkumar86]

Pinjam duit to provide financial aid for b40 just to show gov care ppl. But long term the debt gona increase and political party dont care country debt.

[@emrys65]

11 minutes not enough. need 2 hours

[@peaceman9706]

DUDE 100B MALAYSIAN FUND VS -3BILLION SRI LANKA. ONLY 30-40 TIMES BETTER. IF MALAYSIA IS SO GOOD WE SHOULD BE 1000X BETTER SEEING HOW BAD SRI LANKA IS RN., THIS MAN SAID IT WITH PRIDE BUT IM ASHAMED. lmAO

[@glenoventuresx7206]

Bro you spoke to a Tongku lah

[@bencyber8595]

anything benefit me , practically nothing ,; we can't afford to use the HIGH WAY , very costly , if you win , can you let us use the high way , IS it TOLL FREE , thank you in advance

[@Homelander99956]

nah this guy is Malaysia's famous Loan Shark taiko

[@rizalarbee6051]

Zafrul almost Bankrupt a Bank when he was the Chief there, remember?

[@izzattaz6290]

I don't please link the source

[@ayahpinkofficial2769]

I think it was in your dream...

[@nadinefred752]

Nope I don't remember

[@rujhannalsor3638]

He was the best CEO in Maybank for 7 years before he went to cimb.

[@PulunganHadee]

Minister of K[a{ewa(ya)]}ngan

[@adamchin2931]

Is this an ad

[@bullzaii287]

mana duit saabah

[@snifey7694]

Sabarlah

[@cheekibreeki9515]

Tanya ketua menteri korang yang lepas lepas, east Malaysia pilih tadbir ekonomi sendiri sejak join Malaysia. Underdeveloped kena tanya state government apa dia buat. Jangan jadi babi main sondol ikut suka.

[@akmalirwan6435]

Tnya bung mokhtar

[@Light-jo9lp]

Sabah kerja makan tido ja. Bapak aku sabahan ,sepupu2 kat kampung aku majority semua pemalas.🤣🤣 Tapi bila complain,tu dia no 1.

[@stmpo5595]

Wang hasil minyak Sabah dan Sarawak diserah kpd kerajaan pusat. Sabah dapat balik wang sedikit saja

[@wanoag7777]

Just talk maaa.... nothing good... boleh blah laaa... opr naik... menyusahkan orang jer...

[@rkhorsan99]

if Malaysia free of corruption, racist and religious problem, our country probably the best place to live. So many good companies and resources wasted.

[@hakelehrilekah886]

Ya , like your beloved country which is india right ? WKWKWKWKWKWKWK

[@lunamarine7170]

Everything bad will happen after PRU haha

[@k-9754]

Usd to Myr (1:4.5) useless financial minister ever

[@wait3271]

This guy is for real ? Portrait such a beautiful picture...doubt he has sufficient brain juice to Jadi Finance Minister...ini pun jalan pintu belakang. So...?

[@rayallan3650]

FM guy is stealing money under your nose

[@yutakatong2443]

Another vote fishing budget coming

[@moreoptionz]

Talk is cheap, implementation and will is difficult. With his superiors being so freaking super corrupt...... Talk so much oso no use.

[@sampahtetapsam21]

Blah blah blah All i know is my wallet is not growing Minister wallet getting bigger Bye

[@benjamintan1778]

#corruption

[@thasankaliappan6217]

A failure banker became FM of a country.. real joker..

[@kcw3733]

Crony with brains

[@mindthegap1669]

Zafrul 👎

[@changinx5135]

Useless

[@zarith87]

For those who are confused about economy let me explained using Keynessian + Classical economic model (the standard AD/AS Model) and Moneterist Macroconomics Model (MV=PY model) 1) Monetary policy - Interest Rates is the basis of Keynes Macroeconomics model - every country has business cycle, the goal is to keep Output as close to 3%-5% and Inflation rate at target value of 3%.. when shocks happened like covid or war, out put will drop like maybe goes to -ve number, the way to counter this is to reduced interest rate (like BNM did in 2020 they reduced fr 3% to 1%) make lending cheaper thus increase in aggreage demand the output sooner or later will get back to 3% output, which we already returned to normal level output and employment at Full Capacity at the cost of high inflation within 1 or 2 years (thats what is happening world wide right now)(in some countries interest rate too low they opt for Quantitative Easing like Japan). so when higher then target inflation happened and economy recovers faster then normal (its called Overheating) Interest rate should be increase slowly back to normal rate to keep target inflation of 3% at the cost of slower output (That what BNM doing right now slowly increase OPR same as other advanced economies like USA), to keep target inlation to 3% without risking the economy back to -ve output.. there is another tool government can use which is Fiscal Policy - Increase Tax for reduced agregate demand (to control inlation) or Subsidies to reduced cost of aggregate supply (to control inflation), if you want economy to grow is by reduce tax or removed subsides but at the cost of inflation.. which we dont want as well.. what ever tool used Monetary Policy or Fiscal Policy the goal is to keep inflation close to 3% and output at 3-5%... 2) Informal Economies - When talking about corruption it is fall under informal economies, as well as like drugs business, prostitutions business, gambling business, even small informal business like those banglas doing potong rumput jobs, makcik selling nasik lemak at school compounds without registering in formal economies.. the idea is like this lets say you as curropt MB stole 10million in public funds, the end of the day us still need to spend the money right..? lets say u spent the stolen money to buy a 1million lomborgini in AhBeng motor, and that that 1 million AhBeng recieved in Formal Economy and being calculated as GDP... note: thats does not meant curroption is good but im saying as thats how economist calculates informal economy into formal economy.. 3) Monetarist Model - MV=PY.. u see MYR is Fiat money money need to be contstanly being printed, the problem is when too much print money = hyperinflation, not printing money economy wont grow / standard of living not increase.. when in low interest rate lending money (money multiplier effect) is cheap so more money being "printed"thus more money in circulation thus according to MV=PY price increases.. u can see in BNM that M1 money supply exponencially increase from 450billion MYR in q1 2020 to 600billiom in q1 2022 that is 150billiom new money being printed in just 2 years.. when too much money printed chasing limited amount of goods will translate in increase prices and reduces MYR value.. so next step is to increase interest rate to slowdown the money multiplier effect of printing money to keep target inflation to 3% and the same time increase in MYR value.. when about Fiscal Policy when gov increase taxes using this model.. when higher taxes will make less Money Supply M1 in circulation translates to less money chasing goods result in reduced inflation and value MYR increases.. Economic is simple but hard to balance. [Keynessian MonetaryPolicy]: When in recession - Interest Rate Reduce - Output increase - Inflation Increase - value currency reduced When overheating - Interest rate increase - output reduce - Inflation Reduced - Value Currency Increase [keynessian Fiscal Policy] When recession (demand side) - Tax reduce - output increase - Inflation increase - value currency reduce When overheating (demand side) - tax increase - output reduce - inflation reduce - value currency increase When overheating ( supply side) - subsidy increase - output cost reduce - inflation reduce - currency value reduce [Monetarist model - Monetary policy] When recession - reduced interest rate - more M1 Money supply in circulation - Output increase - Inflation increase - value reduce When overheating - increase interest - money supply M1 reduced - output reduce - Inflation reduce - value currency increase [Monetarist model - Fiscal ] when recession - reduce tax - M1 Money Supply increase - output increase inflation increase - value reduce When overheating - increase tax - M1 Money supply reduce - reduce output - Inflation reduce - Value increase

[@p.a.r7556]

This guy is definitely in the wrong party. So whatever good he has all goes into the sewages associating with SAKAU gang.

[@adamaiman2299]

Congrats Mr Money! Great video and good explanation from Yb 🫡