Liberia: Will Printing Money to Buy Gold Strengthen, or Strain the Liberian Dollar?
[Liberian Observer] The Central Bank of Liberia says it plans to print additional Liberian dollar banknotes to buy gold from local miners and build up national reserves. On the surface, the idea makes sense. Liberia exports large amounts of gold each year yet holds none in reserve. Keeping some of that value at home is a reasonable ambition.