This potential problem can be greatly magnified by the possibility of shifting burdens between taxpayers of different member states via central bank balance sheets – without an explicit mandate from national legislators. This is an important difference compared with non-EMU central banks that have used their balance sheets as a policy instrument.
And as Philippine National Hero Dr. Jose Rizal once said “Ang kabataan ang pag-asa ng ating bayan.” The youth are the hope of our future. Furthermore, the 2006 Citibank Financial Quotient Survey indicated that Filipinos have a financial intelligence quotient of 47.8 points, less than half the maximum score of 100.