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Kuwait fights inflation with SMS

March 6, 2008 by Dusan Belic - Leave a Comment

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Kuwait flagA chain text message is bombarding Kuwaiti mobile phones, calling on Kuwaiti youths to “boycott coffee shops, malls, shopping complexes, restaurants and even co-ops to fight price inflation on March 6.” Same message lives in email inboxes around the country. The author of the message wrote: “Let us all see the result if we stay home for one weekend. Let’s see what business owners will do if they don’t get any customers for a single day.”

The idea behind this activism is to top the price surge of basic foodstuffs. During the last three months, people of Kuwait registered more than 40% hike in prices and the official inflation hit a record annual rate of 7.3% past fall. We’ll see whether this helps…

[Via: textually.org]

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