The Last Ninoy

James Henry Abrina By James Henry Abrina, 29th Aug 2011 | Follow this author | RSS Feed | Short URL http://nut.bz/2q99f1b_/
Posted in Wikinut>Money>Utilities

Ninoy is a Philippine senator whose face is in the 500-peso bill.

J-J-V triumvirate, also known as Josefa, Jose and Vic are the figures who appear in the 1000-peso bill.

"Ang pera may tao pero ang tao walang pera"

Ninoy was so lonely. If only he could speak, I bet he would fall at the tarmac once again for a companion. But what could I do? He was the last Ninoy. He was my last bread and butter indeed.

Peeking at my wallet made me feel anxious and frustrated, not to mention pathetic. With a little over a week left, that yellow thin paper peeping from within was my last hope for survival. It might seem sufficient for the remaining days only if my life doesn’t require transportation and eating and all the stuff coming in between. Though I hated to bid Ninoy a good bye, the choice was out of the context.

“Good bye Ninoy. By letting you go, I hope to see the J-J-V triumvirate take your place in matter of days.”

As Ninoy goes around the trade world again, it tapers its value. Not necessarily its monetary value, but its capacity to buy us things we need and want. Well, that’s why I said “taper” and not “depreciate.” No thanks to this financial crisis. And no thanks to hoarders and their perfidious economic sabotaging.

Staples are just plying to and fro the price scale with utter disregard for consumers’ welfare. Okay, the price itself could never yield to one’s desire but at least some people could give leeway to our fellow citizens’ tight belts.

Take for example the fare in my beloved home town, Laur, Nueva Ecija. Every time a fare hike strikes us passengers, the fare increases by five pesos. That is every fare hike. During my freshman year, the fare from Laur to Cabanatuan City hovered around a mere P30. After less than half a decade, the fare now is a whopping P55 for an approximately 35km-ride. That’s even more expensive than a jeepney ridefrom the Tarlac province to my own province. I wonder why? Sad to say, this five-peso rule doesn’t apply to price rollbacks. Gasoline and diesel prices might have plunged, but the fare doesn’t until now. People are still waiting for it though. By the way, the five-peso rule also applies to student and senior citizen discounts. Don’t mind the 20% discount mandated by law. In our town, it doesn’t follow. If the jeepney fare looks modest to you, then go and take a tricycle ride to the next corner.

Food staples too cinches a continuous sashaying through the price scale be it in the province or the Metro. I wonder though why some crops which are sold in an almost-free price (tomatoes for instance often reach a two-peso value per kilo in province markets) soar up once sold here in Metro Manila. Imagine my shock when I bought a piece of tomato and onion for P3 each. Maybe I was not used to excessive veggie prices. Either way, I was sure the middlemen were to blame for that.

You’ll probably be surprised if a tindera gives you back your twenty-five cents in our place. For an unknown reason, everything there is sold in exact price. No decimals. Nobody accepts coins lesser than a peso. Betting to an all-paper-money society may win me given a decade to pass. Of course it will start in our place. Let’s wait and see.

The Price and Consumer Watch may agree with me. I think prices fluctuate very easily due to weak tethers the Philippine Government hook sellers and producers. Don’t we, consumers, deserve to purchase more for our meager money? Even a lanky Ninoy deserves to worth more. It’s not like we are asking almost-free prices for our purchases, but at least reasonable figures may be helpful. ###


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Tags

Market, Memory, Money, Ninoy Aquino, Pesos, Philippine Peso

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author avatar James Henry Abrina
For the improved/edited versions of the articles here and for my new posts, please visit the following sites:

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Comments

author avatar Denise O
6th Feb 2012 (#)

Thank you for sharing.:)

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