Multiplying your credit demand won’t transform anything – Prof Steve Hanke tells govt

Ghana has DOUBLED its loan request from the IMF to $3 billion. SPOILER ALERT: Requesting more money won’t change a thing. Like Ghana’s past 17 IMF programs, a new one will fail. Instead, Ghana must mothball its central bank & install a currency board.https://t.co/3gYlECQ2ND

— Steve Hanke (@steve_hanke) August 13, 2022

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