INSTEAD of being alarmed by the peso's depreciation against the US dollar, economic managers and other policymakers should try capitalizing on the advantages. That may seem odd for some people because politicians often equate a strong peso with a healthy economy. But in actuality, changes in every economic indicator benefit some people and at the same time, hurt others. That is why interpreting changes in the economy can be challenging. As the late American economist Edgar Russell Fiedler quipped: 'Ask five economists, and you'll get five different answers — six if one went to Harvard.'