Originally Posted by Diabolique
Yup, really, From Cory onwards to devaluation of the Peso jumped up to P20 to US$1
1957 - 1961 Carlos P. Garcia P2.00
1961 - 1965 Diosdado Macapagal P3.95
1965 - 1969 Ferdinand E. Marcos P3.95
1969 - 1983 Ferdinand E. Marcos P11.00
1983 - 1986 Ferdinand E. Marcos P14.00 (Even at it's worst, it was still at 14)
1986 - 1992 Corazon C. Aquino P25.75
Dollar to Peso ratio is never a bench mark for Economic growth.
1 US Dollar is = to 42.61 PPh
compare this to
1 US Dollar is = to 81.59
As to you other comments, that would depend if you are a Democrat or a Republican. That would give me a clue as to where you lean as far as Economics is concerned.
I would gladly get into this Economic discussion with you. You go and start the thread.