THE EDITOR, Sir:
Every night we mourn the loss of life. As disturbing as the level of crime and our acquired tolerance of it is, it appears that we are in even greater oblivion regarding the death of something that can change the dynamics of society much more. It's the demise of the Jamaican dollar.
Our dollar devalues nearly every night. Citizens seem to be quite unperturbed by this, not foreseeing the grave implications this will have on our purchasing power, particularly if the trend continues.
Most commodities used on the island are imported, which means we will need more of our money to purchase our usual quota, ranging from raw material, including, disgracefully, goods ranging from onions to a Benz, not to mention shipping costs. This will trickle to the consumer, who must pay the extra bill for the same quantity we've always been importing, or do without.
The dynamic of a slipping dollar is vast in the long term, ranging from, possibly, less lunch money to attending school only three days a week, OR from going without dinner for a few days to having the electricity disconnected. A dollar continually losing value means less power to the people, who must negotiate chicken or chicken back every fortnight to three months in the supermarket.
How can we be comfortable with this? What will happen by the end of the year? And what are the implications for the New Year?
The dollar must, at least, be stabilised - and fast.
Our pockets are on fire, and if left to char, the ashes may conjure a greater evil we may not be able to control. Indeed, there are many roots of crime. One must consider that desperation can change men in the twinkling of an eye. Crime stop? Let us look into the matter!
Malvern PO, St Elizabeth