Results 3,271 to 3,280 of 4777
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September 29th, 2020 12:26 PM #3271
need FISCAL policy coz MONETARY policy has limits
keep in mind hindi lang rate cuts and ginawa ng BSP
nag cut din ng RRR -- the amount of reserves banks are required to hold
that allows banks to lend out more money
but the problem is if there's no demand for loans kahit available ung pera... wala
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September 29th, 2020 12:56 PM #3272
Jollibee got the Tim Ho Wan franchise to open in China...
Jollibee group opens first Tim Ho Wan in mainland China | ABS-CBN News
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September 29th, 2020 02:07 PM #3273
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September 29th, 2020 03:19 PM #3274
Banks should pass the lower rates to borrowers. Aside from that there's no going around the effect of the pandemic. Some MNCs I know are already posting similar levels of sales year on year in our region. That's despite Ph sales being down by as much as 48%. Nahila lang ng ibang Asian countries na maayos yung pandemic response.
Cash dole outs can only go so far. Pag nagastos na wala nang repeat spending. Di naman makakagawa ng trabaho yun.
Handle the pandemic better and the economy will follow. No way around it.Last edited by Wh1stl3r; September 29th, 2020 at 03:52 PM.
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September 29th, 2020 03:27 PM #3275
^^^
can't force banks to lend in a high risk environment
di lang dito... ganyan talaga nangyayari during an economic crisis
US, Europe, Japan...
mas mababa pa interest rate nila sa atin pero same complaint -- banks aren't lending coz of lack of creditworthy borrowers
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September 29th, 2020 03:36 PM #3277
you mean borrowers
Cash dole outs can only go so far. Pag nagastos na wala nang repeat spending. Di naman makakagawa ng trabaho yun.
private sector demand is weak so gov't has to step in
gov't has to be the demand
that's Keynesian economics
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September 29th, 2020 03:50 PM #3278
in theory it's suppose to
in theory lower rates should encourage borrowing
but the real world doesn't always work according to theory
this is Japan
Their central bank has maintained ultra low rates for more than 20 years and they still can't create inflation*
*you create inflation when you have healthy credit creation
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September 29th, 2020 03:58 PM #3279
it's also happening in the Europe
the ECB cut rates during the 2012 debt crisis and has maintained ultra-low since
they still couldn't get inflation
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September 29th, 2020 04:15 PM #3280
Yup I meant borrowers. Corrected it.
Re: dole outs IDK. Even if only a tiny bit gets lost to corruption and most of the money makes it to the people, how far do you think that will go into helping the economy? To me it seems like throwing good money after bad. How much in terms of returns are you gonna get? Businesses aren't gonna open and hire workers just because of some dole outs.
Buhay na buhay ang BGC this evening. Bukas halos lahat ng restaurants. Sabi pa nung isang cashier...
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