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  1. Join Date
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    #961
    ^
    High inflation rate correlates to change in leadership?

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    #962

  3. Join Date
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    #963
    Quote Originally Posted by chronicle View Post
    ^
    High inflation rate correlates to change in leadership?

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    in other countries, high food prices can topple governments

    but Venezuela's Maduro is still in power despite 82,000 percent inflation


  4. Join Date
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    #964
    Quote Originally Posted by Wh1stl3r View Post
    A month after implementing its biggest rate hike in a decade to fight rising prices, the central bank on Wednesday reverted to its stance of highlighting the role of ¬“food supply shocks¬”¬—factors it says are beyond its control¬—in pushing the August inflation rate to a nine-year high of 6.4 percent.

    Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. also urged government policy makers to use ¬“more decisive nonmonetary measures¬” to fully address inflation that were rooted in ¬“cost-push factors,¬” and rice supply in particular.

    The central bank chief added that strong domestic demand was also ¬“making it too convenient for producers and traders to pass on higher costs and possibly more to consumers.¬”
    producers and traders will charge as high as their customers can tolerate

    pag humihina ang demand doon lang sila magbababa ng presyo

    for now malakas ang demand


    --


    seems like Espenilla is saying rate hikes won't be able to tame inflation and wants the gov't to do something
    Last edited by uls; September 6th, 2018 at 11:38 AM.

  5. Join Date
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    #965
    Quote Originally Posted by uls View Post
    in other countries, high food prices can topple governments

    but Venezuela's Maduro is still in power despite 82,000 percent inflation

    Hope that we are not as blind as venezuela.

    Change in leadership is just a trend that sticks out on the historical inflation rate of the phils.
    Of course, aberation are the martial law years.

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  6. Join Date
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    #966
    Quote Originally Posted by uls View Post


    seems like Espenilla is saying rate hikes won't be able to tame inflation and wants the gov't to do something
    Goverment should lift protectionist policies on food staples and allow legit businesses to import... until demand tapers off.
    Last edited by Monseratto; September 6th, 2018 at 12:12 PM.

  7. Join Date
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    #967
    Meanwhile in Singapore lah...


  8. Join Date
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    #968
    Quote Originally Posted by uls View Post
    producers and traders will charge as high as their customers can tolerate

    pag humihina ang demand doon lang sila magbababa ng presyo

    for now malakas ang demand


    --


    seems like Espenilla is saying rate hikes won't be able to tame inflation and wants the gov't to do something
    Tama pala si OB, dapat lahat tayo isang lata lang ng corned beef for 4? days para makaramdam ng tumal ang mga suppliers.

  9. Join Date
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    #969
    Quote Originally Posted by Wh1stl3r View Post
    Tama pala si OB, dapat lahat tayo isang lata lang ng corned beef for 4? days para makaramdam ng tumal ang mga suppliers.
    Magiging gym fit body ka pa.. Philippine Economy TalkPhilippine Economy Talk

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  10. Join Date
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    #970
    Terms of Service Violation



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