Friday, October 14, 2022

Mga Anti-Marcos tudo puna sa sinabi ni Cong. Sandro Marcos "The peso is not weak, dahil the peso is weak"

Eto kasi yung sinabi ni Sandro. Please read mga Marcos auto-haters.

"The peso is not weak, because the peso is weak. The peso is weak because the dollar is strong,” he said. “The dollar is strong for two reasons: kapag may krisis po sa ating mundo (when we have worldwide crisis) the impression that investors, consumers, and shareholders get is that the dollar is the safest currency to get against all other currencies.

“Ngayon kung nakikita mo ang trend ng USD sa trend ng mga iba’t ibang currency — ang British pound, ang euro, ang yen, ang yuan, ang trend po ay ang dollar gumaganon (tumataas). Lahat ng ibang currency lalo na sa Asya, lalo na sa Europa, lalo na sa UK, ay gumaganon (bumababa),” he said.

“So there’s an inverse relationship, it is not because there is anything wrong with the peso domestically, it’s just internationally, dahil sa lahat ng nangyayari, dahil sa giyera, ang peso ay humihina against the (US) dollar. Pero kung ang pag-aaralan ho ay ang peso against the yuan, peso against the yen, peso against the British pound, makikita mo medyo stabilized,” he explained.

“On the other hand alam naman natin tayo ay net importer, so temporarily the prices of goods would be more expensive, it’s partly due to Russia and Ukraine, another explanation about it, pero no’ng pandemya, the fed — the US government, nag-print sila ng US dollar, so medyo dumami ang supply ng dollar, eh ngayon ang daming bumibili. So ‘yong ang daming supply, it became worth more,” he added.

So kung pumatol ka sa short quote kasi auto-hating ka lang sa mga Marcos. The problem is with you and not Sandro.


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