Cedi beyond politics – Graphic Online

Let us state the forbidden truth plainly.

Ghana’s currency challenges have nothing to do with politics, parties, nor presidents.

None of the above. 

Anyone still arguing NDC versus NPP on the cyclical cedi fluctuations is intellectually late to a funeral that has already happened.

The cedi is not collapsing because of who is in power.

It is collapsing because Ghana is trapped in a global monetary system where survival depends on earning a foreign military-backed fiat currency called the US dollar.

And therefore, no slogan, manifesto, or election can change that arithmetic.

This is not pessimism.

This is reality.

Presidents not magicians

African presidents are treated like angels and demons in the same breath.

Ghana depends on earning a foreign currency called the US dollar

Citizens expect miracles, then blame them for physics.

Here is the harsh truth: No African president controls the country’s currency.

He only manages or controls damage. 

Whether it is Mahama, Akufo-Addo, or any president yet unborn, the role is and will be the same: Defend the currency temporarily.

Beg or borrow US dollars. Impose pain and buy time.

That is not a leadership failure.

That is structural imprisonment.

Calling this “economic management” is generous; it is closer to economic triage.

Monetary policy problem

Let this sting properly: Africa does not have a monetary solution.

Absolutely none, under the current system.

As long as oil is priced in dollars, trade is held in dollars, debt is repaid in dollars and foreign reserves are held in dollars, every African currency is a secondary instrument, and not real money. 

You can appoint the best economists.

You can formulate the cleanest policies.

You can teach democracy from nursery school to university.

It will not matter because the fundamentals have been designed to cripple Africa.

You cannot educate a continent out of a rigged system.

This is where people get uncomfortable.

Our education systems do not teach money.

They teach obedience, compliance, acquisition of credentials and theories detached from power.

They do not teach: How currencies gain demand.

How trade creates monetary strength.

How production anchors value.

How settlement systems dominate nations. 

And so, we produce graduates who can quote Keynes but cannot explain why Ghana must sell gold to stabilise a paper currency.

Democracy, too, is irrelevant here.

You can vote every four years but the dollar does not vote.

Currencies do not respect ballots.

They respect trade flows, production and settlement power.

The cedi Is not political; it is industrial.

Here is the truth no party manifesto dares to state: Currencies are not saved nor anchored by policies.

They are saved by factories and trade. Full stop.

You do not stabilise a currency by speeches and arguments on radio and TV.

You stabilise it by exporting what others must buy.

That is why the real solution has nothing to do with politics and everything to do with bold, independent industrial capacity.

Not state talk shops.

Not ministries. Not conferences.

The only real path

I was right as an expert of money and this is where clarity matters.

The solution is: Thousands of factories. Independent of government.

Producing real goods.

Trading aggressively within Africa.

Settling trade regionally before touching dollars. 

Call it 1,485 factories or 5,000; the number is symbolic; the principle is absolute.

A 24-hour economy without an underpinning 24-hour production is “ugly noise”.

A factory without trade is decoration.

International and regional trade is the only language currencies understand.

Not politics. Not education slogans.

Not elite professions.

Why elites fail repeatedly is that since independence, not a single political administration in Ghana has truly understood the proper concept of currency.

Not one.

Why? Because elites think money is: A policy issue. A banking issue.

A political issue. But it is none of these. 

Money is a power and production issue.

Currencies reward: Discipline. Scale.

Trade aggression. Industrial patience.

They punish: Talkers, Import addiction, Consumption without production.

Emotional thinking.

Money has no mercy.

It does not care about intentions.

It does not respect weak thinking.

You cannot be angry

Once you understand this, anger disappears.

You stop being emotional because you realise that: Presidents are trapped.

Parties are irrelevant. Experts are limited.

Education is incomplete.

You also realise why no expert trained only in traditional economics can save Ghana for the simple reason that the system they were trained in assumes fairness that does not exist.

The real revolution then is not political.

It is lack of monetary literacy.

People must understand: Why currencies rise and fall.

Why production matters more than policy.

Why trade beats aid.

Why independence without industrial power is merely symbolic.

Until then, the same cycle will repeat: New governments.

New hope. Same cedi story.

The cedi is beyond politics.

No party can save it.

No president can rescue it. No education system currently teaches it properly.

Only factories, trade, and monetary realism can change the outcome. Everything else is theatre. And money does not clap for theatre in our media houses.