81
Kenya Discussion / Re: Looks like dollar accelerating to $150
« Last post by Georgesoros on April 18, 2024, 01:41:37 AM »
Most of the problems postponed to 2032. The interest rates for the loans have shot up. Kenya is not producing anything more than in 2023. In fact it is the opposite. Kenya is producing less than even in 2015.Dollar down to ksh 125. Our currency is stronger than Japanese yen. Beside dodging default what else has changed? Govt flooding the market with borrowed dollars. How sustainable?
One thing that I have learned is that some inflation is better than deflation. People lose jobs during deflation.