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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

Sunday, March 22, 2026

Why Isn’t Gold Acting Like a Safe Haven—Yet? War, Liquidity Stress, and the Fracturing of the Bullion System (Part I)

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  Nations have scoured the earth for gold in order to control others only to find that gold has controlled their own fate. The gold at the e...
Sunday, March 15, 2026

Oil Shock Meets Systemic Fragility: How War, Inflation, and Liquidity Strains Are Converging on Philippine Banks

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  People always look for political solutions to economic problems. Economic solutions are individually based; they amount to producing more ...
Sunday, March 08, 2026

The Php3.9 Trillion Savings-Investment Gap: How the Middle East Conflict Exposed the Philippines’ Economic Fragility

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  “War,” Mises observed, “is harmful, not only to the conquered but to the conqueror. Society has arisen out of the works of peace; the esse...
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