Inflation can not be one of the admin. priorities

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Reply to Msg 1110

Inflation is one of the most fascinating issues facing economies around the world as a whole.

However, in the case of Haiti, I do not believe that anyone is seriously working on that end of the spectrum.The central bank is the arm used to manipulate the money supply in order to achieve such objective, through interest adjustment, money supply, health of the financial market just to name a few. In haiti, we have a long way to go. How do you control inflation when most of the products used in the country on a daily basis are not being manufactured in Haiti.

Our currency float just as any well develop countries currency, yet no one spoke about the monetary policy that the Preval administration is trying to achieve.

Where is the Minister of Economy?

Where is the central bank president?

etc. Well, if you want to help Haiti, we need to take care of the most basic priorities, such as electricity, roads, land lines, transportation in order to get to the most sophisticated planning.

Jolibois Selondieu, January 8 2007, 11:44 PM

Topic: Economic situation in haiti

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Inflation is one of the most fascinating issues facing economies around the world as a whole. However, in the case of... read more >
Jolibois Selondieu, 8-Jan-07 11:44 pm
Are you kidding me? Inflation is like a cancer to an economy. Unless inflation is mediated, there will be no positive... read more >
Nate, 9-Jan-07 8:46 am
I was very clear and blunt with my response. Basic necessities are not produce by Haitians, How can you control prices... read more >
Jolibois Selondieu, 9-Jan-07 9:56 am
Jolibois you are smart, and you know what you are talking about, as you said to fight inflation you have to produce... read more >
Kid On The Block, 9-Jan-07 8:03 pm
Reducing inflation does require laying out the foundations. Inflation is not only a word. It is what has the haitian... read more >
Nate, 9-Jan-07 11:29 pm
Nathan, je prend la liberte de repondre a ta question addressee au President...Tu sais tres bien que tu n'auras pas... read more >
Robert P. Toussaint, 10-Jan-07 2:41 am
Inflation is an important factor in the Haitian Economy. But there are other problems that explain the situation we... read more >
Trebu Patriote, 10-Jan-07 3:07 am
Several international economist that I have spoken to understand the situation like I have explained it before. I know... read more >
Nate, 10-Jan-07 1:21 pm
C'est dificile pour moi de m'exprimer en francais en ecrisant. Je m'excuse pour cela. Mais, I hope the president is... read more >
Nate, 10-Jan-07 1:28 pm
The Haitian-Americans should participate in the reconstruction of Haiti. You are welcome to be part of it and this is... read more >
Robert Magic, 10-Jan-07 2:06 pm
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