In the wake of the increasing rate of the US dollar against the Liberian dollar local marketers are worried that business on their part will continue to be difficult and that unless the government did something about the current situation they are going to face more difficulties and as a result many, they believe, will not be able to continue their small businesses. They narrated that government has failed and that this failure is indicative of its weakness and that it was important to put into place a proper financial regulation. They further said if nothing is done about the situation Liberia would appear to be a country that is stable, but in an unstable situation just as it was during war days when prices were out of control and each person did his or her own thing. Being angry about the current exchange rate they pointed out their frustrations and said they were discouraged as well as disappointed, adding that government failure to take a decisive stance on the matter poses serious threats to growth and development of their small businesses, something they are involved with for their survival since the unemployment rate in Liberia is high and that money is scarce within the country. "I am worried by the continuous rising of the US dollar against the Liberian dollar and if this should continue I do not know where we are heading?" Another local trader echoed the sentiments of the others when she said "If ten US dollars will equal one thousand Liberian dollars then I will stop selling." When asked why, she said "the business I am involved in is a non food item and as prices are climbing I do not think people would be interested in buying non food items as they would food items and the business I'm into is men and ladies slippers business," she explained. However, there were still some, even though a small but significant number that believed that the government could still do something about the situation since it has the power and with such power she could put the situation under control.
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