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It is a bad habit inheritance from Mahathir . It seems in this country call Bolehland, all the minister want to become teacher for all people.

From a recent publicity, Malaysia prime minister AAB trying to spit out his wisdom on business using goreng pisang(stir fried banana) as example .

“When one person sells fried bananas, many others follow suit.

“When this kind of situation happens, eventually supply exceeds demand, causing prices to drop,” he said.

There is a thin line between a wise man and a wise guy. Even economy gurus don’t dare to speak this basic 101 economy, because it can be easily backfire “chicken and egg” situation.

A policies maker should NEVER talk about fried banana business other than setting policies to help the business. I am not a economy expert, but should I given a chance to draw the policies, I can sort out lots of things to help the fried banana business.

• Monitor and check the material price of of banana, e.g. flour, oil, banana


• Make sure there is a constant supplies of banana(so the fried banana business can continue)


• Increase the efficiency and health factor of fried banana


• Look into possibilities of expand variety of process banana, e.g. banana paste, banana biscuit, banana cakes, pickles banana


• Setup body to help expand business such as “instant fried banana”, microwave fried banana that make fried banana exportable


• Setup body to help stabilise the prize of banana with various food manufacturing means
  

If I want to monopoly the fried banana business, I will not take the path of early Proton monopoly using concession and AP rent seeking method. I will work around with quality, quantities, cost control and marketing,and that is basic business 101.