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
Monday, July 18, 2022
The BSP Panics: Imposes Biggest Rate Hike Ever in an Emergency Session! US Recessions Pull the Philippine GDP Lower
Labels:
BSP,
crowding out,
default risk,
Interest Rate Policy,
market manipulation,
Philippine Banking system,
Philippine inflation,
Philippine Peso,
political propaganda,
ratchet effect,
US recession
Monday, July 11, 2022
The President and the Markets "Disagree" on the CPI; Global Financial Crisis Icebreaker: The Collapse of Sri Lanka
Labels:
BSP,
central planning,
deficit spending,
education politics,
ESG,
Philippine Banking system,
Philippine inflation,
Philippine Peso,
Philippine Yield curve,
SME,
Sri Lanka politics,
transportation
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