How do you Sri Lanka in the last 5 years?

**subasan** · 09-28-2018, 12:58 PM

Originally Posted by Moana

The country's currency is determined by the export and import level . If the money supply is increased them srilanka will definitely fall for the victim of inflation . So the government reducing the currency is something that is needed to he done in benefit of the country.

True that. You have a good understanding. The issuance of currency notes should be reduced by the Government. The higher value currency notes should also be eradicated.

**Moana** · 10-01-2018, 01:25 PM

Originally Posted by subasan

True that. You have a good understanding. The issuance of currency notes should be reduced by the Government. The higher value currency notes should also be eradicated.

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?

**subasan** · 10-02-2018, 11:43 AM

Originally Posted by Moana

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? :/

**Moana** · 10-02-2018, 03:08 PM

Originally Posted by subasan

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.

**Bhavya** · 11-08-2019, 11:43 AM

Originally Posted by Shana

The gap is still there. It hasn't reduced. As rich people get richer, somehow poor will stay poor. it is how it has been all these time, and if it has to change, then we need a major political changeover.

Exactly Shana, the gap between rich and poor still there as you said rich getting richer and poor stay poor without any major improvements. Yeah to change this we need a strong political changeover in our country. Let's hope for the best for our nation!

**Bhavya** · 11-08-2019, 11:50 AM

Originally Posted by subasan

I agree with your point regarding developments and sufferings. I wish to add that these developments have helped the poor also in some ways ex, mobile phones, internet to help communicate. But I still stand with my point that the gap has reduced comparing before as the rich can be reached or questioned now easily comparing earlier.

May as you said nowadays we can reach the rich and question them, but do we get the solutions for our questions? when we get the answers for our raised questions then only the gap between rich and poor will get reduce.