Is Dual Circulation of Uganda Bank Notes the Cause of Inflation now?.....
Economic reasonings and analysis needed for assessment.
personally is would suggest that its currently a monetary inflation ( 2011 elections) with a dummy variable as the international Fuel prices. among other relevant factors but those are much pressing ccurrently? How do you see things.
Currently i attended a workshop organized by the BoU on the same topic as my heading suggests, however as the saying goes that if you can convince them confuse them, i was left thinking, the speaker said , the Dual currency does not cause inflation, However it increases the quantity of money in circulation but doesn't increase money supply because its of the same denomination as the old currency. some master Economists Around?
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