
Originally Posted by
nItO/pIrEnA
kaning hypwerwage chuvah, mo-offer ug subsidies ang gobyerno ani sa mga employer? luoya pud ani sa mga negosyante, tak-tak ang halin sa sweldo...or basin pud, ila rang mahalon ilang services/products para makabawi...mao ra gihapon, same story...dakog sweldo, mahal gihapon ang pamaliton
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okay, i answered my own question...inflation cant go on forever...
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but, i still think that this paradigm shift would be very traumatic for the economy...for example, the major driving force of our economy is the export industry...under this theory, the export industry would die leading to loss of capital...why? simply because the products of the export industry is not aimed at the local market...what would a common pinoy do with designer furniture or a string of seashells for example?
although this would only be the birth-pangs...should the economy survive that, i'm quite optimistic that we'd be having better days right ahead...
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although in the back of my head, a still little voice is saying: "sounds communist/socialist to me" hehehe