FOR FOLKS who could apportioned expendable or serious money for impulse or cultural commodities like a DVD disk - a peso appreciation is a godsend, it should be welcomed with glee & fully opened arms. A peso's dampening in value is by all rules always a bad, demeaning thing for us, for our national economy. Pagbalik-baliktarin mo man ang lahat ng dimensions ng peso devaluation - there is no qualifiable good that it could bring. I'm an aged fellow and my youthful days in the 1970s & the 1980s resonated well in me that devaluation harmfully impacts our collective lives immeasurably, that we should defend our currency at all cost. Can anyone in here closely recall the days when the peso is P8 to every dollar, that was 27 years ago and life was qualifiably better, the day after is more predictable, fewer souls are in monetary anguish or anxiety.
That the peso has bounced back and is now at that reasonable & reassuring exchange level makes the moment the most superb season to beef up one's DVD collection, especially if one happens to be taking DVDs that has an archival or educational value - not Hollywood, slam-bang action, types DVDs which could be had at any moment's notice anyway from a Maranao vendor. This is your season collector, exploit these opportune days. If not for the rampant, rapacious thievery in our post offices (which is a moribund industry because it harbors so many thieving worthless scoundrels), these are the seasons to import small, non-industrial, things from North America.
Its ironic that some people prodigiously sustained their collecting when the peso was at its bleak point - at P56 - fearing the misguided forecasts from doomsayers and the perpetual cycle of socio-economic chaos - that the devaluation would mire the peso into the P60-level mud. Now that it has recovered and pegged precariously at P40 - the strengthened peso, at least in my hands, could not find many things of interest to buy, ah the ironies of our short, lamentable life......
