On Treasury, Fed, financial stimulus, interest rates & MMT

The following article pertains to American financial systems and issues. These matters are fundamental to any national economy, and particularly instructional for Filipinos who expect sophistication from their government financial managers. J.A. Analysis and Opinion By Chemrock The Treasury Dept and Federal Reserve Bank are responsible for smoothing economic cycles by managing economic fluctuations. Treasury … Continue reading

The myth that 16 million DDS are in charge of the Philippine agenda

OPINION By Joe America We often look at leaders like Presidents Trump and Duterte and say they are ‘populists”, as if they are in power for and by the people. But that is a myth. Popularity does not drive either president. Vested interests do. The appeal to popular themes is merely a device, a marketing … Continue reading

Policy and moral distortions in the Philippines

Analysis and Opinion By Chemrock The previous Society of Honor blog pondered on the difficulties of understanding Malacanang’s love for China, and the intelligent exchanges between two prolific commenters on the failure of the Green Revolution in part due to World Bank guidance that hid an agenda for US imperialism. What have these two issues … Continue reading

A basic look at coronavirus statistics

ANALYSIS By Joe America All of the numbers we will look at are from the Department of Health. Are they perfect? No. Are they the best indicators we have? Yes. The data are current up to April 11, 2020. Chart 1 shows the enduring climb of confirmed coronavirus patients in the Philippines. It shows a … Continue reading

What lesson should Filipinos take from the coronavirus crisis? Stop being 3rd World.

By Joe America The difference between South Korea and the Philippines is First World versus Third World. How well or poorly prepared the respective nations were to handle the coronavirus threat is found in differences in capability and attitude. Capability The Philippines has dilapidated hospitals, haphazard technology, and managers who run things according to the … Continue reading