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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.
What else can I help you with?
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.
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.
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 it possible that Philippines will have a tornado?
Yes. Tornadoes occur in the Philippines.
What is the five countries that experience daytime with the philippines?
what is the five countries that experiencedaytime with 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.
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.
Did the us experience hyper-inflation in the 1920s?
No, the U.S. did not experience hyperinflation in the 1920s. Instead, the decade was characterized by economic prosperity and relatively stable prices, known as the "Roaring Twenties." Inflation rates were low, and the economy grew significantly until the onset of the Great Depression in 1929. Hyperinflation is typically defined as an extremely high and typically accelerating inflation rate, which the U.S. did not face during that period.
Is hyperinflation a disadvantage of capitalism?
No
Who was guilty for hyperinflation in germnay?
Me.
