New Philippine Peso Bills Will Not Help The Economy!!Do You Agree??

you have a brilliant response.but even though we change the money,the old money is still existing and we can still use it on our daily shoppings.we do not know and the government haven't annouce yet when it will be face out.so there will be still counterfeit,it will only be stop until the old money is no longer accepted in the market..anyway, your point of view and response is good.keep it up dude!

i really hope that this new peso bill will add up to the number of investors in our country.but the government should look also with corrupyt officials. investors might also hesitate to invest with us,if we do have this kind of officials.

That's right, so better start now than later to avoid such problems. I do understand your point, in fact when I first heard the news I shared same sentiments. However, upon seeing those new notes in the net my views changed. I don't know but somehow inspired me and lifted my spirits to believe this will bring a good and positive change to our economy.

we really can not justify the reason for the change of money.i just woke up one morning and informed me about the new bill.i don't know if i would be excited or not seeing the money.i don't see in any point that it will help us in our falling economy.this time ey have place the beautiful spots at the back of the bill.maybe they want to develop the tourism.i really hope thatit will help.our country belings to the top 10 poorest countries.the government should not focus on this.we will not be rich if money will be change.

Hello Irene, I don't know about that but I do think the bills are rather too old to be considered new since it's been changed since the last decade. I think it's time that such bills need to be renewed. But I do like the arroyo or edsa II being taken out of the context, that's one thing I am glad they have change. I do think our country needs a new attraction to the foreign land.

hi irene i am getting your point.before we focus on making new bills,we have to focus first on the very important thing.money can wait.we can still make solutions to the sydicates who make fake bills.there might be a help in the tourism,but not too much.if crimes and corruptions still continue to happen in our country,other nationalities will still not invest. they are afraid that their businesses will be affected by the crimes happening in the country.

The government cannot "phase-out" these bills overnight. The phasing out will be gradual. Let us be reminded that these are money. They are used in our everyday-to-day life. It is a means to transact businesses. At least they have done something in the name of progress and change. Anyways, if they didn't do these "changes" now, when will they do it? And if they do this "changes" in the near future or some more years after, it will be a topic of discussion still.

we can treat this as a sign of progress.but as what i am always saying even in my previous response,what about the old bills,they are still existing.the government has not declared yet that it is already face out.the syndicate can still make fake money if is still existing.

That is a brilliant idea.adding a lot of things in the bill is really good point and it will be easily imitated.you have a point in saying that it has a huge impact in the economy because we will lose a lot of investors not only investors in our country but investors outside the country. but all this things should be done not this time,we are like a falling star right now aand do not know where we should fall.the government should work on poverty and calamity first instead of this.we can do something about the fake moneys that is being issued.they can make a law against this case.a lot of money will be spent in making new bills.i hope you understand my stand.

If there is one good benefit from it , it would be numismatists like me, another good excuse to collect errors and odd serial numbers, besides setting aside good specimen of the older design that came out last Christmas

Nine out of ten people who saw the new money reacted on the younger look of the person in the bill.who decided on that?.anyway,it's cute.but the main issue here why they decided to change the money?is it really for security reason?i haven't read any response in the discussion with different reason.it is all for security reason.i am not against with the change of bill.but it should be done on the right time.happy mylotting!!

Hi Louievill, I think it's normal that we change our bills from one decade to other, most specially if the criminals were able to duplicate at least every single bill we had. but the problem is coins. some believed it can be duplicate, i always look at my coins but i can't see the differenceand refused to accept coins that are already crooked or ruined i like the new bills. they are good for me, i like it when it's new.

you have a point on that,but what about the old bills that we have right now.they are still existing.and the government has not announce yet when it will be face out.son sydicate can still create fake bills. the government should think about that before they created the new bill.they should have also conducted a survey if the nation or the people agree on the creation of the new bills.

yes right now it is still existing. But as per my experience, whenever the BSP create a new money, there are about 6 months before the current bill become totally unusable

"whenever the BSP create a new money, there are about 6 months before the current bill become totally unusable".that is what i am trying to point out,for six months,sydicates can still create a lot of fake bills.when the government decided on changing the money,they should have think about this instance.but still i'm looking forward that the making and issuance of the new bills will be successful.happy mylotting!!

you are correct,we do not have to overhaul current bill that we have right now.it is just a waste of money.the government should focus on the most important things,such as poverty and to the corrupt officials of our country.in this case,the country will be more develop and more organize.we will get more investors if we do have peaceful life in the country.people especially vendors should be careful with counterfiet.it is easy solve cases like that rather than poverty and corruption.

in this manner,my point is that the old money is still existing.the government haven't declared yet that we can no longer use the old money.so fake money can still be made by counterfeiters.if they are already decided for the security,they should have declared that old money can no longer be use. the creation of new peso bills should be put into poverty or in calamity.we are experiencing a lot of calamity nowadays.

from the first responder up to you,all of you has just provided one reason why there was a change in our bill.and that is for security reason.actually, i am not against all the ideas that all of you has given.probably,this was the reason given by the government.i don't have almost have the time to watch the news that is why i really don't know what happen,but for me,with my own opinion,they should not focus on this.they should have look into the needs of the citizens.this case can be solve without big money involve.

i did not notice that this is a trend in our country.for the past two administration there was no changes in the pso bill.i can say that it was added by a new ten peso coin and new 10 peso bill with three heroes but not total change.

Actually,there are advantages and disadvantages in making the new bill.Let me start with the advantages.number of investors might be doubled because of this new bill.they will no longer worry of the money to imitated because it is just new and with this new money it can already be detected if it fake or not.It can also help in improving the tourism in our country because at the back of the bill are our beautiful spots in our country. On the other hand,since the old money is not yet phase out and the government has not declared yet when it will still be use,the sydicates can still create old money.they can still do the counterfeiting if the old money is still existing.the government should have thought about this before making the money.they should have focus first on the poverty,health benefits and calamity in the country.

Actually,i am not against for what has the government has done.i just felt that the changes are very untimely.they should have done this when the economy is totally up.they should have focus on things that will really help the nation.they should have give more attention on health benefits,poverty and calamities which are our basic problems in the country. the government did not think that old money can still be imitated by syndicates since it is not yet phase out.until it is still existing,sydicate will still create fake bills.