Haitian MONEY Talk - Increase the value of the GOURDE, Its immediate impact on the Haitian economy
KREYOL: Haiti Ekonomi :: Ki meyè fason pou diminye lavi chè nan peyi a? Dola US la ki pou bese (valè goud la ogmante) oswa plis lajan nan pòch ou??? Ann pale... Kisa ou panse de sa???
"Parents would would be able to buy more with the same amount of money," he said since the price of all goods sold in Haiti goes up and down according to the "taux du jour - Taux de Change," the exchange rate of the gourdes vs the US dollar
One businessman disagreed saying that injecting more money into the economy would be more immediate.
The professor disagreed replying that injecting more money into the Haitian economy would only make things worse.
More money will make goods and services more expensive, he said, because businessmen in Haiti have the bad habit of raising their prices once they know the poor has more money in hand.
"If the US Dollar goes down in value," he said, this would definitely reduce the cost of life (pri lavi a) across the country and people would spend more.
What do you think about that?
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