Category: Economy

Yellowtards OUTRAGED by Robredo’s message encouraging Filipinos to be self-reliant!

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The Yellowtard community is experiencing internal strife after their “vice president” Leni Robredo reportedly urged Filipinos “to curb their spending habits, save and find ways to earn money”. The Manila Bulletin report cited how Robredo encouraged Filipinos to take responsibility for their own wellbeing and take initiative to find ways to respond to inflation rather…

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Economy

You need to understand economics to discuss “inflation” intelligently

Posted on By benign0 No Comments on You need to understand economics to discuss “inflation” intelligently

Inflation is an economic phenomenon that is an outcome of cause-and-effect. And, unfortunately, it contributes to the expense line of the poverty equation — higher prices result in weaker purchasing power. What this means for the average consumer is that she will simply need to find ways to make more money to make ends meet….

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Economy

Why is an agricultural country like the Philippines now importing rice and fish?

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[Public post by Facebook user Benedict Exconde] Four things: 1. Basic supply and demand. If your country has 100 million (and increasing, no thanks to Roman Catholic Church meddling, lobbying and politicking) mouths to feed and your local food production cannot keep up with demand, how do you plan to address the supply gap? 2….

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Economy