Tuesday, January 11, 2005

BSP manipulation of USd/Php market - not good!

Remittances from overseas created a surplus at $1.410 billion in the 3rd quarter according to latest data from Bangko Sentral. Higher than the $1.068 billion surplus in same 'o3 quarter.

The Philippines is drowning with dollars.

Please Lord of all, I pray...
Let the creative minds of Filipinos blossom. Remove the government- influence manipulation of the currency market. Enrich the independent minds of individual Filipinos to embrace Capitalism in Adam Smith, Milton Friedman & Thomas Sowell's model.
It is our only chance to better ourselves.

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