Increase in Demands, Increase in Supplies
By direktor
@direktor (46)
United States
July 18, 2007 4:39am CST
I'm so confused right now.
The Philippine economy just seems surreal. The Peso exchange rate to dollar is at its lowest at the moment since PGMA sat as president.
However, the prices of food, clothing, housing, and other commodities are sky rocketing!So, how did it happen that the Philippine stock market shows that the economy is doing well in stocks but prices are still going up?Isn't there a law in supply and demand?
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