It is embarassing to read an article from a newspaper that is claiming to be one of the critical analyst of information in a nation where most of the day to day issues discussion is disseminated to the masses by print, is incapable to get its fact correct. The lack of quality control in the print media such as this article shows the sad state the Country is in education wise. President Sirleaf is a Harvard graduate and not Howard as incorrectly stated.

Do not blame this poor reporter who sees or meets Ellen by chance. Take for instance George Bush, upon his return from Liberia, told an audience that Ellen graduated from University of Pennsylvania.

Economics is multi-dimensional. Price inflation is caused by the interfacing between supply and demand. With the new found peace in Liberia and the over-expectation that comes with it, an upward demand shift has occured for many locally produced and imported goods and services. You read about all this new construction and the rapid return of Liberians from abroad all wanting to be part of the new Liberia. Most of the returnees are consumers, few are producers. This trend is placing pressures on existing supply. If demand is outstripping supply, we will begin to encounter a tendency toward demand-pull inflation. Policy-makers will need to address the problem from the supply-side because as long as the Liberian economy continues to grow at between 7 and 10 percent, consumption levels will rise and drive up prices. A high demand for the US dollar in local transaction is also placing strains on the Liberian dollar. Although the US dollar has fallen on the world market, it seems not to have impacted its exchange rate relationship with the Liberian dollar. Hopefully, the Liberian Central Bank will be able to strengthen the country's international reserves in order to revaluate the exchange rate in the future.