prudent investor newsletters

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 foreign currency reserve. Show all posts
Showing posts with label foreign currency reserve. Show all posts
Sunday, April 26, 2026

The Anatomy of Philippine Stagflation: BSP Rate Hikes, Record External Deficits, and Fiscal Expansion (Part 3)

›
  What we have here is the Keynesian error that inflation cannot emerge while widespread excess capacity exists. Underpinning this error are...
Sunday, January 11, 2026

2026 Opens with USDPHP at Record Highs: The Peso Is the Symptom, Policy Is the Disease

›
    With the exception only of the 200-year period of the gold standard, practically all governments of history have used their exclusive po...
›
Home
View web version
Powered by Blogger.