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

A bold program to bring the Philippines into the modern world

By Joe America Every national election represents an opportunity to be bold. It would be wonderful to see boldness in the spirit of the Constitution, rather than the undermining of it. I hope in 2022, candidates will take on some or all of the following steps aimed at bringing the Philippines into the modern world … Continue reading

What drives governments to be so stupid?

By Joe America It is most obvious that many governments today are stupid. They undertake acts certain to punish a lot of innocent people, like us. Why do they do this? We can look at case studies and get some ideas. America. Greed has replaced the neutral trading value of money so that people’s ambitions … Continue reading

An accidental achievement: Independence

By JoeAm The Duterte government in 2016 set out to establish strong relations with China. It may have been ideologically pure of intent, the aim to get more infrastructure built quickly and closer ties to the huge economy right over there to the west. Or it may have been pragmatic, repaying an election debt or … Continue reading

US senators speak. Philippine senators and DDS have apoplexy.

By JoeAm A few US senators have been critical of the Philippines for keeping Senator De Lima in jail. They proposed legislation banning from the US those responsible for her jailing. The law may never see the light of day but the reaction in the Philippines offers a striking lesson. It does not take much … Continue reading