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camiar

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camiar last won the day on August 30 2019

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  1. You got it wrong. Our Key-Rates-to-Inflation correlation goes the other way around. BSP adjusts lending rates in reaction to inflation. BSP keeps the key rates low during periods of low inflation, to encourage spending and stimulate the economy. If inflation goes up, BSP tries to slow down the rate of rise of inflation by adjusting the key lending rates upwards to discourage spending and prevent spiraling increase in prices. Bangko Sentral ng Pilipinas can only try slow down the inflation's up-and-down movement. It cannot to prevent high or low inflation, especially so because our inflation rates are mostly due to external economic and geopolitical factors. In our case, inflation was driven by high prices of imported oil, coal, and natural gas. During the Pandemic in 2020-2021, our inflation was driven upwards by the global shortage of manufactured goods dependent on electronic chips due to closures of factories due to Covid-19. In 2022, the Ruso-Ukraine war created high inflation globally due to high fuel prices, energy shortage, and manufacturing decline in Europe. So far, BSP has been managing our globally-influenced inflation quite well over the past several administrations. And that's one of the reasons why the Philippines is one of the fastest growing economies in the region.
  2. The Hague ruling on South China Sea territorial dispute has no effect on China because we cannot impose our sovereignty over our UNCLOS-based extended territory. We need to spend to acquire more deep-sea capable, high-endurance, off-shore patrol vessels distributed among the Bureau of Fisheries and Aquatic Resources (BFAR), Philippine Coast Guard (PCG), and the Philippine Navy (PN) to make our presence felt and deter other countries (Vietnam, Malaysia, and China) from being too aggressive. We're lagging too far behind in the "Might-is-Right" gunboat diplomacy.
  3. Dear Sara, Looks like the demolition campaign on you started early. This campaign will run unabated until 2028. They will try to discredit you as Presidential candidate. But keep in mind, from 2016 to 2022 your political enemies focused on demonizing Du30 & BBM, but they forgot to present Leni as a viable alternative. Leni, on the other hand kept affirming her image as a bumbling half-hearted candidate. Her pinklawan supporters turned voters off with their arrogant holier-than-thou "let me educate you" attitude. So they lost. Still, they keep doing the same actions now, hoping that it will produce a different result.
  4. Long time, no see. Pero hanggang ngayon pala, illogical pa rin ang reasoning mo. Marami din akong kilalang addicts sa lugar namin noon, pero never akong nag-drugs. Ni hindi nga ako umiinom ng alak. Yung mga kilala kong adik noon, marami mga matitino na ngayon, may mga nawala na rin sa eksena (nagtatago sa probinsya o naitumba), tahimik na sa droga ang lugar namin ngayon, maunlad ang negosyo, at kitang kita ang urban renewal. Si D30 ang may pinakamalaking nagawa sa pagsugpo ng droga sa Pilipinas.
  5. ABS-CBN's closure caused the mainstream media's plunge to irrelevance as political influencer. However, most of the popular socmed sites like Youtube, Meta, X, etc... cannot be trusted either. I agree with you though, that Leni lost because of the arrogant holier-than-thou mindset of her supporters. She might as well be relegated to the sidelines because a wanna-be leader like her with the kind of supporters she has, don't deserve to lead.
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