Eh lord, your come for me oh!

You just know that a country is going backwards when Polio starts to raise its ugly head. This is stuff that was eradicated many decades ago. We will stay inside.

Law business

L$194.7185/US$1.00 What make it that we like law business so? Wherever you turn, everybody arguing about law business. This one and that one. Everybody can just be invoking different laws. You go this side, this other one know it. What?! But when you go look, nobody know how to make farm. Nobody knows how to make anything but trouble. We bringing all kinds of foodstuff from abroad. When we go look, our paper money just getting useless. That it now oh.

Supply of money

L$190.4475/US$1.00 When a country prints new bills, they are usually meant to replace older damaged notes. It is the job of the Central Bank to collect the old bills and destroy them and infuse the new ones. If you do not replace defunct currency, but just adding to money supply, you undermine the currency. We saw this in the Weimar Republic in the 1920s. In Zimbabwe, Mugabwe thought he was smart and started printing money to be able to pay govenment employees. In Venezuela today, Madouru is doing the same thing. In the short term, you may seem to solve a problem, but very shortly after, the currency is soon not worth more than what it actually is, paper. At this stage, when a country issues more money than it has backing for, you get increased inflation. Inflation is the increasing of prices, or really the decreasing of the value of the currency. In Weimar, Zimbabwe and Venezuela the printing of "new" money just kept on and on. This caused HYPERINFLATION. In the end, to buy a loaf of bread, the equivalent amount of money had to be carried in a wheelbarrow. Luckily, we are not here yet, but the tendencies seem to be ther. Wake up now, and smell the coffee.

Supply and demand

L$187.6225/US$1.00 The more demand for any product, the more will be the price of it. The less the supply of something, the more the price. These are the two major facts in economic theory. The important lesson here is that to solve the problem you have to supply more of the scarce product. Or find a way to decrease the demand of the scarce product. There is unfortunately no piece of legislation that can do anything about this. Solution: Find a way to make the flow of US dollars into the country increase. Produce things that can be sold abroad to bring in foreign currency.

Here we go again

Our honourable ladies and gentlemen have barely begun their new term, when the holabaloo starts again. Why all the pride? You people are lawmakers, so please do just that.

Even considering the county developement funds that have largely been misused in the current form of management. Take heed of your own incompetence and let the funds be administered by someone who has no interest of lining their own pockets.