Cyrus Ash
2.4K posts


If you were an economist, which you clearly are not. You would realise that what he is saying is fundamentally true and a law of economics.
A strong cedi makes imports more cheaper. However, that actually doesn’t matter - because once you have imported cheaper raw materials and cheaper capital (that is machines) to add value locally, you must then export your goods or services.
In which case, you sell the exports in dollars, and in that context the exports in dollars are not affected by the cheaper imports. This is because, it will be the dollar equivalent plus a sales markup.
What will make the difference between the total cost of production and sales mark up, is the cost of the local value added, and in that context a stronger cedi makes the local cost of production more expensive. That is, you pay more for local factor inputs because of the stronger cedi.
Similarly, the Marshall-Lerner condition also shows that a weaker cedi boosts exports and there is ample evidence to show that it holds in Ghana.
The issue under NPP, was not that the cedi was weak, but that the cedi was not stable. If your currency is weak but stable you can expect to make the gains from being export driven — that’s why China suppresses its currency.
Promise Dumevi@dumevi_promise
Chale ! Just listen to this reprobate! Such a garbage!
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But they will never pull for a Ghanaian artists
Buzz Verse@N33Sei
How many Ghanaians are in Canada again
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For production, a stronger cedi is a disadvantage. The appreciation of the cedi from 14 to 10 was not a good thing. It has affected our prices for export. - Mike Oquaye Jnr, Former NPP Parliamentary Candidate, Dome Kwabenya
#TheKeyPoints #TV3GH
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@FiifiGreene Bro buy ticket comes house wai, you people dey overdo ahba😂
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@CyrusAshh Oh saaaa? I didn’t know that’s what my tweet is about. Sensational. Don’t worry when you get there you’ll come back to this tweet and give me my flowers
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This be why depression dey catch squad for this country ooo… Aden aaa peaceful, it’s boring AF
𝐀𝐒𝐊@askghmedia
A woman living abroad shares CCTV footage of how her Ghanaian neighbour celebrated Ghana’s victory over Panama in the World Cup.
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@NanaYawBoakyeTG @FiifiGreene Ask yourself how people even at Oyarifa go to Aburi Gardens on a regular, if the abroad no good make you people come house erh or you people we we dey here wena eye get 24/7
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@FiifiGreene @CyrusAshh A whole botanical garden awaits you bro, flowers seff small. He definitely has to experience it to understand how good they got it back home in Ghana.
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Proper Ghanaian family values
Rhoda Etta@rhoda_etta
Everyone in labour ward right now is 15, 18, 19 and 20yrs. What is going on in this country ????
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@Chude_ND1 They travel like nigerians. Reason i laugh at their faux talk on migration
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@Amadi2oha @MikeTod11 @Toebiloba @boy_director And that’s exactly what you lose your bet, nothing option is just!
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@NKOAB_Carr That's why you bring him in when you are one nil up and in the 80th min
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@atkkay I commot my money for all my holdings for the IC wealth app top, I Dey come take all cut England en back. San give we handicap sef
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@iamibrocoded @boy_director You cld make the World Cup and you want to advise us?🤣🤣🤣
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@boy_director That's the worrying part let them play like that against England or Croatia and the celebrations won't last long
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