As usual aspiring PhD in “economics” JC Punongbayan issues a biased assessment of what is driving a downturn in Philippine stock indices of late. In his recent Rappler piece Why is the PH stock market among world’s worst? (prefixed by the word “analysis” in all caps just to make sure readers recognise it as such), […]
The enemy of high prices is surplus supply and weak demand. Consumers have power over the latter. Stop buying useless trinkets and demand drops, inventories soar, and prices collapse. It is therefore easy and painless to bring traders and retailers to their knees and force them to update the outrageous price tags on their goods […]
Famous Filipino singer Lea Salonga recently issued a sensible take on the anger Filipinos supposedly feel about high inflation rates being reported nowadays. This opinion was cited in an Inquirer report… “You gotta wonder, we’re angry about this, we have to see if it’s happened in previous administrations before and if we got angry then, […]
The Yellowtard community is experiencing internal strife after their “vice president” Leni Robredo reportedly urged Filipinos “to curb their spending habits, save and find ways to earn money”. The Manila Bulletin report cited how Robredo encouraged Filipinos to take responsibility for their own wellbeing and take initiative to find ways to respond to inflation rather […]
Inflation is an economic phenomenon that is an outcome of cause-and-effect. And, unfortunately, it contributes to the expense line of the poverty equation — higher prices result in weaker purchasing power. What this means for the average consumer is that she will simply need to find ways to make more money to make ends meet. […]
