Fastest economy in Asia pa rin....
Philippine inflation accelerates to 5.2 percent in June from May’s 4.6 percent, beating the central bank’s forecast and market estimates.
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PH economy is already growing fast the last thing it needs is more stimulus
a government increases spending WHEN THE ECONOMY IS WEAK NOT WHEN IT IS STRONG
tapos itong central bank nag cut ng RRR 100 bps
WTF
as if you don't already have enough bank lending
you cut RRR so banks can lend out more money so you end up with more money in circulation which leads to higher inflation
Last edited by uls; July 5th, 2018 at 12:11 PM.
The ripple from the trade war could flood our market with more chinese goods. Online selling would be a profitable business.
Trump trade war to become reality as China tariffs hit >> Manila Bulletin Business
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whether you agree or disagree with what this admin is doing, is there any other choice but to ride this out?
your question doesn't make sense
ito ung dating ng tanong mo:
pag anti-du30 ka at nakikita mo mali ang direction ng economy, you don't have to ride this out?
pero pag anti-LP ka at nakikita mo mali ang direction ng economy, you have to ride this out?
does being anti-du30 make you immune to having to ride this out?
Last edited by uls; July 5th, 2018 at 01:22 PM.
reserve requirement ratio
minimum cash reserve that commercial banks should hold in ratio to amount of deposits
central banks determine that ratio
it's a monetary policy tool
when a central bank wants to lessen liquidity in the financial system, they'll increase RRR
when a central bank wants more liquidity, they'll lower RRR
Which doesn’t make sense coz there’s already a lot of liquidity and BSP lowered RRR so there will be even more money moving around to cause inflation
when a central bank is fighting inflation, it should be increasing RRR
Last edited by uls; July 5th, 2018 at 01:45 PM.