Should Jamaica Change To US Dollar As Our Currency?

 I am in favour of this. This was also once proposed by Seaga. However, the government is not in favour because this would limit the government's ability to print money to smooth out economic shocks. Right now, even though the prices of most goods and services are denominated in Ja$, the inputs are costed in US$ so you end up paying the Ja$ equivalent of the US$ so switching to US$ does not solve our problem. Our problems are too low productivity and we have been mismanaged for decades by a corrupt political establishment allied with their cronies in the private sector. Switching to US dollars will not solve those problems. Switching political parties also will not help as the entire political establishment is corrupt. There are solutions but Jamaicans nuh ready.....

Raymond D. Grant

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