Results 151 to 160 of 203
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December 31st, 2008 01:03 PM #153
Agree here bro. I am from the electronics industry and the government has done very little in improving the "ease of doing business" here in our country, in spite, of the many meetings we had with their pointpersons for the industry. Full of broken promises.
Problem is the government has put all of us in a position where this is nearly impossible. Cost of power and minimum wage are one of the highest tandems in the region. Many years ago, these concerns have been raised with the government. Until now, they are still major concerns....
7202:bruce_lee:
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December 31st, 2008 04:37 PM #154
What?!
kung ikaw ang may ari ng inuupahan, mas ok sayo mababa lang ang rental fee mo?
kung ikaw ang may ari ng tindahan, mas ok sayo mababa lang ang presyo ng iyong paninda?
kung ikaw ang provider ng services, mas ok sayo mababa lang ang presyo ng iyong serbisyo?
kung ikaw ay empleyado, mas ok sayo mababa lang ang iyong sweldo at halos walang benefits?
if one has less money coming in (individual or business), one tends to spend less
less spending is not good for the economy
deflation is the economic stimulus?
duh?!Last edited by uls; December 31st, 2008 at 04:49 PM.
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January 3rd, 2009 10:59 AM #156
you said "deflation is the economic stimulus"
my reply is
Growth = inflation
Contraction = deflation
pls explain how deflation stimulates an economy
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January 4th, 2009 12:23 AM #157
pretty obvious you watched zeitgeist recently
money = debt
then you should understand that all money is created by banks
money is created when someone borrows money from a bank
and every dollar created has interest attached to it
but the interest is not created
the money used to pay the interest comes from the money that was previously created
there isnt enough money out there to pay for all the debt (principal + interest)
so there should always be enough new money created to service the previous amount created
that's inflation
consumers borrow and spend and borrow and spend and borrow and spend...
the job of the central banker is to tweak interest rates so inflation doesnt go out of control
so in short, for an economy to continue to grow, more money has to be created than previous amount created
an economy gets screwed up when less money is created than previous amount created
when less money is created than previous amount created, there won't be enough money to service the previous amount created
when borrowers default on loans, banks' assets go bad (loans are banks' assets), banks tighten lending
less lending, less borrowing, more loans go bad, banks tighten lending even more, even less lending, even less borrowing, even more loans go bad
that's deflation
NOW, explain to me again how deflation = growthLast edited by uls; January 4th, 2009 at 12:54 AM.
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January 4th, 2009 03:56 PM #158
it's clear where you're coming from
you are coming from an end user's POV
para sayo, deflation is good coz prices fall
coz inflation to you simply means rising prices
coz all you have in mind are things you wanna buy -- cars, LCD Tvs, laptops etc
you have not taken into account a huge part of what goes on during inflation
when businesses borrow money to expand their facilities and hire more workers coz there's more demand for their products, that's part of inflation
that's bad?
citing your favorite observation: McDo and call centers
Mcdo putting up more outlets in areas where there are call centers...
the more call centers are put up, more McDo outlets are put up
that's bad?
that's part of businesses borrowing and spending. that's part of inflation
so that's bad?
all you are thinking about is what your money can buy.
think about this ---
If you own a house and its market value fell 75% or even 50%, that's good?
that's deflation
If you are a business owner, and your sales tumble coz your customers have lost their jobs coz businesses are laying off workers coz they are downsizing and not borrowing and investing coz there's less demand for their products,
that's good?
your point is deflation is good coz consumers can buy stuff at lower prices
if consumers have little or no money to buy stuff with coz they are losing their jobs or have little access to credit, what's the use of falling prices?
if homeowners see the value of their real estate fall
that's good?
dude, you are not looking at the whole thing
all you are looking at are the prices of Civics and SUVs and LCD Tvs
BTW, there wouldnt be civics or SUVs or LCD Tvs in existence if business didnt borrow money and invested in R&D, putting up manufacturing facilities, hiring people etc...Last edited by uls; January 4th, 2009 at 04:12 PM.
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January 4th, 2009 05:07 PM #159
I understand your "deflate everything" concept
but that can only be good when you also have a sizeable reduction in population
and that can't be good
we can cull livestock... like culling millions chicken with bird flu
but people?
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January 4th, 2009 05:11 PM #160
Kahapon super traffic EDSA until megmall area relatively light traffic from white plains to...
Traffic!