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  1. Join Date
    Nov 2005
    Posts
    34,818
    #1011
    sa media they keep saying inflation is rising prices

    that's true but that's the effect

    what's the cause?

    rising money supply

    more money in circulation = more money chasing goods so prices go up

    imagine if everyone was given 1 million pesos cash

    everyone will show up at car dealerships, appliance centers, supermarkets, malls etc

    sobra dami tao gusto bumili

    imagine what happens to prices

    --

    the question i keep hearing from people who don't understand -- "why don't you just print money and give everyone money?"

    that's what happens

  2. Join Date
    Dec 2006
    Posts
    16,506
    #1012
    The rising oil prices and declining peso are very big factors that a lot of people already recognize as causes of inflation. Well, at least those who aren't in denial.

    Another less discussed factor for inflation is actually consumer psychology - if they expect prices to go up, they hoard in the short run, thereby increasing demand and prices which basically makes inflation a self-fulfilling prophecy.

    [ANALYSIS] Why is Philippine inflation now the highest in ASEAN?

    Sent from my SM-G950F using Tapatalk

  3. Join Date
    Dec 2006
    Posts
    16,506
    #1013
    Quote Originally Posted by uls View Post
    sa media they keep saying inflation is rising prices

    that's true but that's the effect

    what's the cause?

    rising money supply

    more money in circulation = more money chasing goods so prices go up

    imagine if everyone was given 1 million pesos cash

    everyone will show up at car dealerships, appliance centers, supermarkets, malls etc

    sobra dami tao gusto bumili

    imagine what happens to prices

    --

    the question i keep hearing from people who don't understand -- "why don't you just print money and give everyone money?"

    that's what happens
    Btw uls diba taga Banawe ka, dito ako sa may carwash sa Maria Clara. Kape tayo para may kausap ako about inflation habang naghihintay. Philippine Economy Talk

    Sent from my SM-G950F using Tapatalk

  4. Join Date
    Nov 2005
    Posts
    34,818
    #1014
    from the article posted by JUT

    ito ung sinasabi ko bad timing ang TRAIN law

    kung kailan pataas ang presyo ng crude oil, doon pumasok ang TRAIN

    If indeed valid, this theory gives us reason to think President Duterte’s tax reform law (TRAIN) is patently ill-timed.

    If you recall, TRAIN included tax hikes on several petroleum products, such as unleaded gasoline, diesel, and kerosene. Unknown to many, TRAIN also provides for two more rounds of automatic petroleum tax hikes in 2019 and 2020.

    This policy, to me, is like rubbing salt on one’s economic wounds.

    Combined with the fact that global oil prices later this year could reach up to $90 per barrel—because of limited supplies from key oil exporters like Iran and Venezuela—it seems cruel to impose additional tax hikes on fuels come January 2019.

  5. Join Date
    Nov 2005
    Posts
    34,818
    #1015
    Quote Originally Posted by jut703 View Post
    Btw uls diba taga Banawe ka, dito ako sa may carwash sa Maria Clara. Kape tayo para may kausap ako about inflation habang naghihintay. Philippine Economy Talk

    Sent from my SM-G950F using Tapatalk
    Genki?


    shy ako eh

    hehe

  6. Join Date
    Dec 2006
    Posts
    16,506
    #1016
    Quote Originally Posted by uls View Post
    Genki?


    shy ako eh

    hehe
    Yep. Libre ko na kape at merienda. Dito lang ako sa labas naka black polo shirt if you wanna drop by.

    Sent from my SM-G950F using Tapatalk

  7. Join Date
    Nov 2005
    Posts
    34,818
    #1017
    Quote Originally Posted by jut703 View Post
    Yep. Libre ko na kape at merienda. Dito lang ako sa labas naka black polo shirt if you wanna drop by.

    Sent from my SM-G950F using Tapatalk
    hmmm

    pero seriously nahihiya ako

    after being seen as a du30 troll and all

  8. Join Date
    Jan 2006
    Posts
    10,555
    #1018
    Quote Originally Posted by jut703 View Post
    Yep. Libre ko na kape at merienda. Dito lang ako sa labas naka black polo shirt if you wanna drop by.

    Sent from my SM-G950F using Tapatalk
    Heavy weight ang discussion na eto kung magkaharap si Jut at Uls.

  9. Join Date
    Dec 2006
    Posts
    16,506
    #1019
    Quote Originally Posted by uls View Post
    hmmm

    pero seriously nahihiya ako

    after being seen as a du30 troll and all
    As I always say, you get to know a person better if you meet them in person rather than online.

    Sent from my SM-G950F using Tapatalk

  10. Join Date
    Jan 2006
    Posts
    10,555
    #1020
    *Uls - if you find yourself out here at BGC, just send us a PM. Dito lang kami ni Vinj at dreamur. We'd like to hear your views on the financial state of our nation.

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Philippine Economy Talk