A decline in money at hand will reduce aggregate demand making the sellers to reduce the general prices of commodities. This will reduce inflation which will eventually make the keñya shilling more powerful against the Dollar. Ceteris Paribus.
_Mbugua Mwangi _CPA
#presidentruto
As an economist, let me evaluate the effects of Rutos new tax policies on the economy and consequently on Inflation. By increasing taxes and fees for government services, The government is indirectly reducing the money at hand (reducing money supply). #president#MyIDMyRight
“ Corruption is a cancer, a cancer that eats away at a citizen’s faith in democracy, diminishes the instinct for innovation and creativity.”
#TupiganeNaUfisadi#TheYoungFuture