Liberia, April 13 -- An opposing logical, economic and financial view to Boakai's printing of more money by Isaac Doe

Liberia stands at a fragile economic crossroads where disciplined policy choices, not the printing of more money should drive both short and long-term stability. No well-structured economy treats the printing of additional banknotes as a credible solution to liquidity constraints (if the government will admit to one). Infact such actions often deepen the very problems they claim to resolve.

With this, let me quickly trash an argument I expect from supporters of the Unity Party. The 2021 monetary action under George Weah was fundamentally different. That exercise involved replacing old banknotes with an entirely new curre...