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Dr. Bawumia and the Ghanaian economy; separating the facts from the fiction

Comment: Does low inflection bring prices of good

Author:
Kwame
Date:
2018-10-05 12:06:49
Comment to:
Re: Dr. Bawumia and the Ghanaian economy; separati


Does low inflection bring prices of goods and services down? The people who are telling us that interest rate in Ghana is low are he same people who are saying that because interest rate in U.S.A. is now high investors are taking their moneys from Ghana into the U.S.
It looks like the whole of NPP just like their leader President Nana Akufo-Addo are all ugly prices whose incompetence should be the burden of another person, because the ugly prince does no wrong.
One thing that our economists forget is that Ghanaians save their monies depending on high interest rate so when interest rates are low their will equally be low savings. Less people will buy bonds and other securities.
When a country have high reserves to buy goods and services from outside the high reserve does not lead to the reduction in the prices of goods and services being bought from outside.
Nana Akufo-Addo and Mahmudu Bawumia are just talk a lot, they should talk less and fix the economy, because the fundamentals of their economy is weak.

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10-05 04:01
 
 
 
 
Does low inflection bring prices of good
Kwame
10-05 12:06