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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label brics. Show all posts

Monday, November 25, 2024

US Dollar-Philippine Peso Retests Its All-Time High of 59, the BSP’s "Maginot Line": It’s Not About the Strong Dollar

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interventionism destroys the purchasing power of the local currency by breaking all the rules of prudent monetary policy and financing an...

Sunday, February 23, 2020

Oh, Gold!!!!

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Gold (Gold) Always believe in your soul You've got the power to know You're indestructible, always believe in, 'cos you ...

Tuesday, April 30, 2013

Implied Government Guarantees on BRIC Banking system

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Even in the BRICS, there has been an implied guarantee by their respective governments on their banking system, as indicated on their cred...

Tuesday, March 26, 2013

BRICs Mull Bank to Bypass World Bank and IMF

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Developing economies represented by the BRICs or Brazil Russia India and China , a popular acronym coined by Goldman Sach analyst Jim O’N...

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