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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 international currency reserve. Show all posts

Showing posts with label international currency reserve. Show all posts

Sunday, June 15, 2025

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

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...

Sunday, October 06, 2024

Marcos-Nomics Stimulus Update: August Budget Deficit Narrows, Strong Peso Reduces Public Debt, and Amortization Payments Reach All-Time High!

Lowering rates is a tool to rescue the government, but it will also make the Treasury add more debt in the next few months. If you make it...

Sunday, July 28, 2024

Bullseye! “Marcos-Nomics” Stimulus on a Roll as Q2 2024 Public Spending Hits All-Time High! BSP Rate Cuts Next?

…the deficit may be financed by selling bonds to the banking system. If that occurs, the banks create new money by creating new bank depos...

Sunday, October 09, 2022

Is the USD-Php 59 the BSP’s Maginot Line? Are Speculators to Blame? GIRs Fall USD 13.8 Billion in 9-Months!

For all the glamour, players in the currency markets get by on hard work and tough analysis. Before speculators place their bets, they t...

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