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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 currency devaluation. Show all posts
Showing posts with label currency devaluation. Show all posts
Sunday, June 15, 2025

Is the Philippine Peso’s Rise a Secret Bargaining Chip in Trump’s Trade War?

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Devaluation is not a tool for exports. It is a tool for cronyism and always ends with the demise of the currency as a valuable reserve—Danie...
Thursday, January 02, 2025

How the BSP's Soft Peg will Contribute to the Weakening of the US Dollar-Philippine Peso Exchange Rate

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  Balance of payments crises are created in (soft) pegged arrangement because the monetary authority simultaneously targets both the exchang...
Sunday, May 12, 2024

Philippine Q1 2024 5.7% GDP: Net Exports as Key Driver, The Road to Financialization and Escalating Consumer Weakness

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  GDP is the most common out-of-context stat used by governments to convince the citizenry that all is well. It is yet another stat that is ...
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