PRINTING OF 79 BILLION DOLLARS: WHY IT RISKS DEEPENING POVERTY AND WHAT LIBERIA MUST DO INSTEAD

PRINTING OF 79 BILLION DOLLARS: WHY IT RISKS DEEPENING POVERTY AND WHAT LIBERIA MUST DO INSTEAD

By Tiawan Saye Gongloe How do we explain the current situation in Liberia, where, unlike other Central Banks around the world that are tightening their monetary policies to reduce the money supply, our own Central Bank is both tightening policies and concurrently injecting more currency into the economy? Liberia is faced with a critical policy decision that has significant implications for the everyday lives of its citizens. This decision involv…