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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 capital controls. Show all posts
Showing posts with label capital controls. Show all posts
Sunday, March 08, 2026

The Php3.9 Trillion Savings-Investment Gap: How the Middle East Conflict Exposed the Philippines’ Economic Fragility

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  “War,” Mises observed, “is harmful, not only to the conquered but to the conqueror. Society has arisen out of the works of peace; the esse...
Sunday, November 02, 2025

The USD-PHP Breaks 59: BSP’s Soft Peg Unravels, Exposing Economic Fragility

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  Devaluing is a de facto default and the manifestation of the insolvency of a nation—Daniel Lacalle   In this Issue The USD-PHP Breaks ...
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