Former star economy Ghana faces currency collapse (user search)
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  Former star economy Ghana faces currency collapse (search mode)
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Author Topic: Former star economy Ghana faces currency collapse  (Read 1254 times)
AggregateDemand
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Posts: 1,873
United States


« on: August 09, 2014, 08:43:36 PM »

Deficits and high wages don't necessarily lead to inflation, but Ghana must grow to create the wealth necessary to back their currency. They are spending, but the oil money isn't coming in. I'd say that is the cause of inflation, not artificially high wages.
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