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Thread: How do you Sri Lanka in the last 5 years?

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    subasan's Avatar
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    Quote Originally Posted by Moana View Post
    But devaluating a country's currency or decreasing a country's money supply could result in a serious issue to a country's interest rates. What do you think of this?
    This is not an immediate process. I meant only the higher currency rates. For ex, if can buy a lot more things in Rs.1000, there is no need for Rs.5000 note. When there is a demand for your currency notes, that's when your economy is stable. The Government should think about their countries needs and growth, not their own. If the Government can plan something right in the next 5 years, they can execute in another 15 years. But with the current Government what more can you think of? :/

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    Quote Originally Posted by subasan View Post
    This is not an immediate process. I meant only the higher currency rates. For ex, if can buy a lot more things in Rs.1000, there is no need for Rs.5000 note. When there is a demand for your currency notes, that's when your economy is stable. The Government should think about their countries needs and growth, not their own. If the Government can plan something right in the next 5 years, they can execute in another 15 years. But with the current Government what more can you think of? :/
    This makes sense, this has to be taken into serious consideration.
    Your Last Mistake Is Your Best Teacher

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