“If the Philippines’ inflation rate is NOT THAT high, then what or who is?” The recent claimed statements by the newly seated President Ferdinand Marcos Jr., caused public commotion after his careless denial to the ballooning rate of inflation.
Unbaffled by the effects of inflation, Marcos Jr., in great clownery took no great step and is leaving the Filipinos lesser opportunities economically, the Philippines in an unstable economy, and the popping peak of more underlying problems.
Privileged as he can be, the regular and low-paying individuals in the country are left to suffer the now evident effects of inflation which centers around the commodities for daily sustenance.
If he thinks that the inflation is not that high, brows of concerns question if he was the one who was high after making that ridiculous and outrageous statement.
As of now, clues as to an expected deflation are blur, no pointed arrows of solutions are on sight, and still the balloon keeps floating up high.