Ghana is in 7th place in this week's inflation table. On Oct 13, I measured Ghana's #inflation at a stunning 96%/yr--over 2x the official inflation rate of 37.2%/yr. Thanks to Pres. Akufo-Addo, #Ghana's economy is in the tank.
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.
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