New money, old problem.

L$170.1264/US$1.00 and counting. Our Finance minister has proclaimed that in order to solve our currency problem we will have to change our currency. Changing the currency will do nothing but make it worse, and it will not solve the real issue. We import almost everything that is consumed in our country. For this the importers need foreign exchange (US dollars). If the importer cannot get a hold of US dollars, they can´t import goods and go out of business. So, to insure a steady supply of US dollars, the price will continue to increase. In order to counter this, you have to either stop importing all your goods and producing your own goods or even begin to export your goods for foreign exchange. This is simple economics. There is nothing that the government can do about this except encourage people to produce goods to export.

Freedom of speech

Ladies and gentlemen, boys and girls, please listen up. The cost of living gets so high, the rich and poor, they start to cry. Now that we must get strong, they say oh, what a tribulation. Them belly full but we hungry. A pot has cooked but the yield´s not nuff. L$166.0221/US$1.00 Today the minister of State for Presidential Affairs has sued the host of the Costa show!! Can you imagine.