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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 fiscal deficits. Show all posts
Showing posts with label fiscal deficits. Show all posts
Sunday, May 26, 2024

The USD-Philippine Peso Surges to 18-Month High: BSP Blames 'Speculators' as GIR Composition Exhibits Intervention Limits

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  Bretton Woods II served up a deflationary impulse (globalization, open trade, just-in-time supply chains, and only one supply chain [Foxco...
Monday, April 15, 2024

Analyzing the Philippines’ February Merchandise Trade: Unveiling the Impact of Statistical Base Effects on a 'Growth' Rebound

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  Facts are stubborn things, but statistics are pliable—Mark Twain   In this issue Analyzing the Philippines’ February Merchandise Trade: Un...
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