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                    [Title] => Lucio Tan on how to fight inflation: Spend your money
                    [Summary] => What can P270 million buy nowadays? A property at the posh Ayala Alabang, a top-of-the-line Volvo sedan, a condo unit at Fort-Bonifacio, a rest house sitting on a lush two-hectare lot in Batangas, and a few more millions to spare for life’s other amenities.


That’s the value of the P1 million in 1945 when the peso-dollar exchange rate was yet unheard of, and the country was still reeling from the devastation wrought by World War II.


                    [DatePublished] => 2003-06-08 00:00:00
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DR. LUCIO T

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                    [Title] => Lucio Tan on how to fight inflation: Spend your money
                    [Summary] => What can P270 million buy nowadays? A property at the posh Ayala Alabang, a top-of-the-line Volvo sedan, a condo unit at Fort-Bonifacio, a rest house sitting on a lush two-hectare lot in Batangas, and a few more millions to spare for life’s other amenities.


That’s the value of the P1 million in 1945 when the peso-dollar exchange rate was yet unheard of, and the country was still reeling from the devastation wrought by World War II.


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abtest

Lucio Tan on how to fight inflation: Spend your money

June 8, 2003 - 12:00am

What can P270 million buy nowadays? A property at the posh Ayala Alabang, a top-of-the-line Volvo sedan, a condo unit at Fort-Bonifacio, a rest house sitting on a lush two-hectare lot in Batangas, and a few more...

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