The battle for the Liberian dollar | LSE Research

The Liberian dollar is the nation’s official currency. So, why do so many Liberians use US dollars for everyday transactions?
A dual currency system has existed in Liberia since the late 1800s. Professor Leigh Gardner from the Department of Economic History at LSE has examined the government’s struggle to re-assert the Liberian dollar over time. Her research was the subject of a physical display in the Value of Money exhibition at the National Museum of American History.
🔴 For a virtual version of the display see learninglab.si.edu/collection...
🔴 Read on the National Museum of American History’s blog: americanhistory.si.edu/blog/d...
🔴 Find out more about Professor Gardner’s upcoming book, Sovereignty without Power: Liberia in the Age of Empires, 1822-1980: www.cambridge.org/core/books/...

[@HighValueMaxedOutGigaSigmaMale]

Hello Liberians! I plan on visiting beautiful Liberia soon to help with infrastructure development there. If anyone who lives in Liberia would like to get in contact with me to talk I’d greatly appreciate 👍🏾 you can respond by replying to this comment. Thank you! Peace & Love🇱🇷

[@jaketogba]

Connect w me. I would like to hear your plan.....

[@HighValueMaxedOutGigaSigmaMale]

@@jaketogba Where can I contact you? Do you have Instagram or Snapchat?

[@DenitileJr]

Let’s connect. What’s your ig or facebook handle?

[@vic_ee]

Lebanon is in a similar situation. The US dollar is widely used because the lebanese pound is so undervalued.

[@ods1123]

Does anyone use gold/silver for everyday transactions?

[@ArchieKids-jo4vt]

Liberia is very underdevelop due to social suppression that was done by exslave who met the native Most Government employees had a very strong ties from the the united state, and all their interest, and economy cash flow was ending into the USA. The first native president of Liberia was Samuel K doe

[@ernestgbarbea1878]

Great video

[@simonasare6948]

Anglophone west Africa should be organised and start for the common currency ECO to be strong as francophone west Africa currency CEFA.

[@JK-vp6po]

Instead of them organizing around ECO, a non existent currency. Why don’t they come together and organize around an existing currency like the Liberia Dollar? It is easier and faster to adopt and transform an existing currency than to seek agreement for the creation of the ECO.

[@ernestgbarbea1878]

🇱🇷🇱🇷

[@dylanaxelrod1221]

I bet the Liberian descendants wish they stayed in America LOL

[@Handsome.Liberian.African]

🤣😭we don't.

[@JK-vp6po]

😂😂 in the same America that’s sinking and Dollar crashing??? No thanks “LOL”

[@HighValueMaxedOutGigaSigmaMale]

Right… I bet Liberians are so jealous of us being gunned down & beat to death in the streets like animals by racist white cops. Who wouldn’t want to live under white supremacy??😅

[@leon.222]

Definitely not lol.. would never trade warm tropical climates, beaches, palm trees and good vibes for that. Haha!

[@samsmotzzz2171]

Look up Liberia in the 1960s and 70s, they definitely did NOT wish they stayed in America

[@mightypawa]

Very bad for liberia 🇱🇷 😕 Humm