Friday, January 14, 2005

Philippines' inflation of 7.9% is not acceptable!

Inflation is cause by Filipinos having too much money on hand to buy few goods and services!
Where did that money mostly come from? From outside the Philippines!
The Philippine government must use the dollar surplus from money remittances inflow to increase the quantity of goods and services available for purchase by all Filipinos by free trade, remove constricting regulations to start a business of buying and selling goods, starting a service & knowledge business, remove government barriers to competition.
Filipinos have the physical and mental capacity to increase output of Philippine goods and services.

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