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Is it possible that the Philippines will experience hyperinflation?
Wiki User
∙ 15y ago
I believe no. The Philippines banking industry is so tight even before the 1997 Asian Financial crisis and this led to a decrease in the liquidity of the Philippine peso. Also, dollar reserves are at an all time high (as of January 2009) and incoming dollar revenues appear to increase given its dependence on the foreign workers working in the immune health sector. So far, current leader are very responsible maintaining and achieving budget objectives and people still trust the Philippine peso.
Wiki User
∙ 15y ago
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When does a country experience hyperinflation?
When its currency loses value at the same time prices increase.
When did Philippines have hyperinflation?
Because the Japanese-controlled government, during the WWII occupation, issued fiat currencies, while at the same time outlawing possession of other currencies, in an attempt to curtail any possible resistance.
Is hyperinflation a disadvantage of capitalism?
No
What does hyperinflation refer to in economics?
When referring to economics hyperinflation means when a country experiences high and accelerating rates of inflation. When hyperinflation occurs price levels in an economy rise, while the value of currency drops quickly.
What is the biggest cause of hyperinflation?
Hyperinflation is when inflation is extremely high and increasing at a rapid pace. The primary reason for the emergence of Hyperinflation in an economy is a huge disparity existing between demand and supply of a specific type of money. Such disparities normally arise when very little confidence is left on that particular currency, parallel to a bank run. Ref: alpari.com/en/beginner/glossary/
What does lung hyperinflation stimulate?
Lung hyperinflation stimulates pulmonary stretch receptors. A person who experience lung hyperinflation can end up having COPD or chronic obstructive pulmonary disease.
When does a country experience hyperinflation?
When its currency loses value at the same time prices increase.
What historical experience does the Philippines share with Africa?
Both the Philippines and many African countries have histories of colonization by European powers, leading to the introduction of Western culture and institutions. Additionally, both regions have faced challenges related to post-colonial governance, including corruption, poverty, and political instability. Both the Philippines and Africa have also seen movements for independence and self-determination.
Why is the America experience night while the Philippines experience day?
Because the Philippines is on the opposite side of the planet to america !
Is the US dollar going to go the same way as the German mark?
What does this mean? Merge with another currency? Experience hyperinflation or what?
What common economic problem did Mexico Argentina and Brazil experience in the 1980's?
Hyperinflation and faulting their international debt obligations.
What is the five countries that experience daytime with the philippines?
what is the five countries that experiencedaytime with the philippines
Is it possible that Philippines will have a tornado?
Yes. Tornadoes occur in the Philippines.
When did Philippines have hyperinflation?
Because the Japanese-controlled government, during the WWII occupation, issued fiat currencies, while at the same time outlawing possession of other currencies, in an attempt to curtail any possible resistance.
Where is the location of pawikan?
Pawikan, in my experience can be found in the Philippines.
What is the range of hyper inflation?
Hyperinflation is an extremely rapid or out of control inflation and there is no precise numerical definition to hyperinflation. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless.
Is it possible to have a snow in the Philippines?
no it is technically impossible
