Asian Wall Street Journal, Oct 21 1985

(Without the CPF), Singaporeans would buy enormous quantities of clothes, shoes, furniture, television sets, radio, tape recorders, hi-fis, washing machines, motor cars. They would have no substantial or permanent asset to show for it.

— Lee Kuan Yew

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "(Without the CPF), Singaporeans would buy enormous quantities of clothes, shoes, furniture, television sets, radio, tape recorders, hi-fis, washing machines, motor cars. They would have no substantial or permanent asset to show for it." in the context of "Asian Wall Street Journal, Oct 21 1985" to mean that wisdom is timeless.

Source: Wikiquote: "Lee Kuan Yew" (Quotes, 1980s) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Lee Kuan Yew

About Lee Kuan Yew

Lee Kuan Yew (16 September 1923 – 23 March 2015) was a Singaporean politician. He was the Secretary-general of the People's Action Party (1954–1992) and Singapore Prime Minister (1959–1990), Senior Minister (1990–2004), Minister Mentor (2004–2011).