Author Topic: Let's Talk about Inflation  (Read 1112 times)

0 Members and 1 Guest are viewing this topic.

IntraLover

  • Sr. Member
  • ****
  • Posts: 342
  • Karma: +0/-0
    • View Profile
Let's Talk about Inflation
« on: June 03, 2014, 05:34:41 PM »
Ano nga ba ibig sabihin ng Inflation? Parang gaano kalaki iniipon natin parang bale wala lang kasi dahil sa inflation.... halos araw araw natin naririnig sa balita sa dyaryo at telebisyon eto, pero ano nga ba etong tinatawag na 'inflation'?


PesoRepublic.com | Your smart guide to money matters and entrepreneurship.

Let's Talk about Inflation
« on: June 03, 2014, 05:34:41 PM »

Mountain View

GreenMoney

  • Living a green body in an ungreen world
  • Sr. Member
  • ****
  • Posts: 476
  • Karma: +0/-0
    • View Profile
Re: Let's Talk about Inflation
« Reply #1 on: August 06, 2014, 10:01:00 AM »
From Investopedia; "The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum."

From Wikepedia; "In economics inflation is a persistent increase in the general price level of goods and services in an economy over a period of time." Sa madaling salita "Inflation" yun tinatawag na pagtaas ng mga bilihin from basics needs hangang sa mga iba pa nating pangangailangan sa ating pamumuhay.

IntraLover

  • Sr. Member
  • ****
  • Posts: 342
  • Karma: +0/-0
    • View Profile
Re: Let's Talk about Inflation
« Reply #2 on: August 06, 2014, 10:02:36 AM »
Thanks GreenMoney. Medyo nose bleed lang kasi yung definition. can  you cite an example? Like computation would do help.

Paano ba eto nakakaapekto sa atin as consumers?


GreenMoney

  • Living a green body in an ungreen world
  • Sr. Member
  • ****
  • Posts: 476
  • Karma: +0/-0
    • View Profile
Re: Let's Talk about Inflation
« Reply #3 on: August 06, 2014, 10:04:19 AM »

I know you feel the effect of inflation but you just keep quiet and let it pass year by year. Maybe because your company gives you an increase every year that's why you did not care for it. Pero alam mo ba na minsan yung binibigay na increase sayo is just a money illusion. Why? Dahil binigyan ka ng increase just only to sustained your needs because of the increase of price in your basic needs. Para makabili ka pa din ng mga pangangailangan mo kahit na tumaas na ang presyo ng mga ito, katulad ng pagkain, pamasahe, kuryente, tubig at iba pa. The point is may nagbago ba sa sitwasyon mo ngaun na tumaas ang suweldo mo, wala di ba? paulit ulit pa din dahil actually hinde naman nadagdagan yun kita mo kahit na every year ka nagkakaroon ng increase sa suweldo ang totoo minsan pambawi lang yun sa pagtaas ng mga basic needs mo. Inflation is silently pulling you down you never notice or expect it but it slowly brings you down. Even your money in your own regular savings account in the bank also cannot escape from this inflation. See image below from the National Statistics Office (NSO) report of average inflation rate.




Just for illustration,

Let say monthly you save Php 1,000.00 in one year you have Php 12,000.00 Wow! ang laki na ng naipon mo. Let say with interest of 0.375% per year sa loob ng isang taon ang kinita ng pera mo ay Php 45.00. So you have now Php 12,045.00 yan ang pera mo sa bangko sa loob ng isang taon. Pero ito ba talaga ang actual value ng pera mo? Let consider the table above for the average inflation rate for the year 2012 which is 3.2%. To get the actual value of your money for 1 year we add the interest and deduct the inflated cost. Php 12,000.00 (Total Amount of Saving) + Php 45.00 (interest of 0.375) = Php 12,045.00 - Php 384.00 (cost of inflation) = Php 11,661.00 (actual value of your money).
Note: This is a rough computation it is for illustrative purposes only to show how inflation can affect your savings the actual value of your money may differ if you compute in a different method.

So you see in the sample computation na bumaba yun tunay na halaga ng pera mo and your money is actually beaten by inflation. I just want to emphasize that don't just let your money sleep in a bank, invest it slowly in any investment type so that your money truly grow and beat inflation. Start asking & learn the different type of investment option that can truly defeat Inflation. We cannot escape Inflation but we can fight back and defeat Inflation by learning how to Invest & where to Invest.               

ZuvelCompany

  • Sr. Member
  • ****
  • Posts: 253
  • Karma: +0/-0
    • View Profile
Re: Let's Talk about Inflation
« Reply #4 on: November 05, 2015, 12:33:30 PM »
ngayon bang 2015. ano na rate ng inflation ngayon? tumaas ba?

PesoRepublic.com | Your smart guide to money matters and entrepreneurship.

Re: Let's Talk about Inflation
« Reply #4 on: November 05, 2015, 12:33:30 PM »

 

Related Topics

  Subject / Started by Replies Views Last post
3
844
Last post April 17, 2017, 02:14:57 PM
by IntraLover
1
967
Last post January 31, 2013, 10:59:16 AM
by NeoGemini
0
781
Last post November 23, 2012, 09:50:48 AM
by AdGeek
0
400
Last post August 06, 2014, 10:36:17 AM
by GreenMoney
0
373
Last post July 25, 2016, 10:01:22 AM
by NeoGemini

Posting Disclaimer: Any individual may post a message in this forum and may do so anonymously. Therefore, the sole author is exclusively and entirely responsible for all opinions in that message. They do not represent the official opinions of PesoRepublic , its administrators or moderators or the PesoRepublic Management. PesoRepublic is merely acting as an impartial conduit for constitutionally protected free speech and is not responsible and will not be held liable for the content of such messages. Community & Groups - Top Blogs Philippines