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  1. Join Date
    Sep 2014
    Posts
    8,481
    #1201
    Sa tingen ko madsming mag-close na Japanese resto na mag close, suddenly, hindi na sulit ang P400++ na ramen. Na soup lang naman talaga. Ewan ko ba kung baket dami nagpapaloko sa Jpanese food na yan. Na-try ko nga cup noodles na mura sa Japan halos pareho din naman Lasa.

    Mga winner sa panahon na dadating, Mang Inasal would be one, Kasi unli rice. Actually dyan sinuwerte yun Injap Sia, yun pagbukas ng Mang inasal nun was timing sa 2008 finacial crisis. His food was gods gift to people na gusto mabusog, unli rice budburan na dami chicken oil, sob na.

    What else. 7 eleven siguro will make it big time, yun roce toppings saka packed food nila patok na patok sa times ng crisis. And with Starbucks recent announcement ng price increase, gold mine ang P29 P39 P49 french vanilla, hot chocolate, capuccino ng City Blends brand ng 711.


    And pf course others like Andoks , Baliwag. Malamang ubusan Na ng ihaw yan. I remmber back then. Kasasalang pa lang sa uling, pila na ang Andoks sa reservation

  2. Join Date
    Sep 2003
    Posts
    21,876
    #1202
    Nawala agad yung effect ng BSP rate rise...



    Expect the PSA release of September inflation data on Friday...


    Sent from my SM-N9005 using Tapatalk
    Last edited by Monseratto; October 3rd, 2018 at 07:46 AM.

  3. Join Date
    Sep 2003
    Posts
    21,876
    #1203
    The DDS were spreading a comparison of gas prices worldwide... without comparing living standard that will put it in a better perspective.

    So here is it with a comparison with the living standard.

    Last edited by Monseratto; October 3rd, 2018 at 10:18 AM.

  4. Join Date
    Nov 2005
    Posts
    34,875
    #1204
    Quote Originally Posted by Monseratto View Post
    Nawala agad yung effect ng BSP rate rise...
    dollar strength this time

    check out the dollar index


  5. Join Date
    Sep 2003
    Posts
    21,876
    #1205
    Quote Originally Posted by uls View Post
    dollar strength this time

    check out the dollar index

    At least the PhP is in good company...


    Indonesian rupiah falls to record low amid rising pressures, SE Asia News & Top Stories - The Straits Times

  6. Join Date
    Feb 2008
    Posts
    10,780
    #1206
    Above 7% inflation per ANZ Research. Talo si Glory na economist pa. Galing talaga ni tatay digs.

    ANZ sees inflation hovering above 7% as storm damage stokes price pressures | BusinessWorld

    Sent from my SM-N950F using Tapatalk

  7. Join Date
    Sep 2003
    Posts
    21,876

  8. Join Date
    Aug 2008
    Posts
    1,585
    #1208
    Sa fastfood chain, kausap ko yung cashier na may motrosiklo.

    Iyak na nga raw siya sa taas ng gasolina.

    Dati 100 pesos na gas, good daw for 2 days.

    Ngayon, yung 100 pesos daw niya na pang-gas, 1 day na lang.


  9. Join Date
    Nov 2005
    Posts
    34,875
    #1209
    Quote Originally Posted by Monseratto View Post
    which is exactly the purpose of BSP's rate hikes

    to make borrowing expensive --> slow down credit creation --> reduce amount of money money in circulation --> slow down inflation

    the side effect is slower growth

  10. Join Date
    Nov 2005
    Posts
    34,875
    #1210
    which is why the government's 7 to 8 percent growth target is no longer attainable

    BECAUSE:


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Philippine Economy Talk