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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 consumer spending. Show all posts
Showing posts with label consumer spending. Show all posts
Sunday, August 30, 2026

Stagflation Part 15: The PSEi 30 1H 2026 Earnings Mirage — Nominal Growth, Record Debt, Real Stagnation

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  Because credits springing from fiat inflation provide an easy financial edge, they have the tendency to encourage reckless behavior by the...
Sunday, November 16, 2025

The Philippine Q3 2025 “4.0% GDP Shock” That Wasn’t

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  There is enormous inertia — a tyranny of the status quo — in private and especially governmental arrangements. Only a crisis — actual or...
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