St. Vincent Prime Minister calls TT$ Monopoly Money!

bluefete · Postby **bluefete** » June 30th, 2025, 1:37 pm

How come everybody whose trap was shut for the last 10 years has suddenly found their voice? Why did he not say this when PNM was in office?

Happened 12 days ago but only now getting traction.

https://www.guardian.co.tt/news/pm-gons ... 9b60cc3159
PM Gonsalves says OECS might have to consider exiting CSME
20250618

He, however, noted that this protection for Vincentian flour, for example, under Article 164 of the revised Treaty of Chaguaramas, “is time-bound periodically and always in jeopardy.

“On the last occasion on which this matter came up for renewal, the opposition of Trinidad and Tobago (READ UNC) Jamaica and Barbados almost scuttled this protection,” Gonsalves said.

“Fortunately, my government was able to secure continued protection under the rules through the combined support of the OECS countries, Guyana, Haiti, Belize and Suriname. Next time will the anchor hold?

“Undoubtedly, the producers in Trinidad and Tobago want to take over the entire flour market in the Eastern Caribbean. We in St. Vincent and the Grenadines will draw a line in the sand on this.”

The second grievance Gonsalves raised related to foreign exchange, saying that the control arrangements in Trinidad and Tobago have “conspired to reduce to near nothingness a hitherto US$12 to US$15 million annual trade in agricultural export from St. Vincent and the Grenadines.

“This injustice has caused manifest material difficulties to farmers and agro traders in my country. Our country pays Trinidad and Tobago annually in excess of US$65 million. We pay in hard foreign currency for visible exports from Trinidad, mainly petroleum products and manufactured goods. But our sister CARICOM country cannot find less than a miserly four million US dollars in foreign exchange to pay for our agricultural products.

“This is absolutely unfair and ridiculous. Our traders are paid in Trinidad and Tobago dollars, which are not convertible outside of Trinidad and Tobago. In Trinidad, they have to use the money to buy goods in Trinidad if they want to make some money on the back end. If they bring up the Trinidad and Tobago money, may as well they bring up Monopoly money.”

https://www.facebook.com/watch?v=1747358709999011

paid_influencer · Postby **paid_influencer** » June 30th, 2025, 5:12 pm

how so?

sMASH · Postby **sMASH** » June 30th, 2025, 9:41 pm

I was gonna bandwagon and jam trini currency too, but gonsalves talking rubbish . He talking like trump about trade deficits .

If the forex is an issue , work out a barter commodity exchange .
He vex we buying them dasheen . He should be glad.

If tnt raise the exchange rate, that purchase from them will dry up in a year.
All.Other tnt products will be more competitive price.

pugboy · Postby **pugboy** » June 30th, 2025, 10:14 pm

he is an idiot, he seem to think his country carrying plenty weight
he is always the loudest talker when he coming for free caricom meetings lunch
why he don’t have them meetings in his country
typical empty vessel

Gladiator · Postby **Gladiator** » July 1st, 2025, 8:35 pm

Didn't he offer his country for sale to Patrick Manning

screwbash · Postby **screwbash** » July 2nd, 2025, 5:03 am

boycott anything made in st vincent. Anyone know what do they make???

timelapse · Postby **timelapse** » July 2nd, 2025, 7:51 am

screwbash wrote:boycott anything made in st vincent. Anyone know what do they make???

Weed

killercow · Postby **killercow** » July 2nd, 2025, 8:38 am

What is the purchasing power / exchange difference between monopoly money and TTD outside of this country? Who accepts it? What can it purchase?

hover11 · Postby **hover11** » July 2nd, 2025, 8:39 am

killercow wrote:What is the purchasing power / exchange difference between monopoly money and TTD outside of this country? Who accepts it? What can it purchase?

Nobody wants to touch TTD outside of Trinidad and Tobago

j.o.e · Postby **j.o.e** » July 2nd, 2025, 8:57 am

I mean I don’t know what’s the use of having EC outside of their islands. This is just a problem of being a small island economy.
I have Indonesian money from trips what i supposed to do with it outside of Indonesia?

Dizzy28 · Postby **Dizzy28** » July 2nd, 2025, 9:13 am

j.o.e wrote:I mean I don’t know what’s the use of having EC outside of their islands. This is just a problem of being a small island economy.
I have Indonesian money from trips what i supposed to do with it outside of Indonesia?

You can't even get EC money in local banks here. That's how much in demand they are.

j.o.e · Postby **j.o.e** » July 2nd, 2025, 9:23 am

Dizzy28 wrote:
j.o.e wrote:I mean I don’t know what’s the use of having EC outside of their islands. This is just a problem of being a small island economy.
I have Indonesian money from trips what i supposed to do with it outside of Indonesia?

You can't even get EC money in local banks here. That's how much in demand they are.

It not being available in banks is not a reflection of demand. It’s a reflection of supply. No one is spending EC locally or trading it for other forex, Caribbean trade is generally in US

hover11 · Postby **hover11** » July 2nd, 2025, 9:24 am

j.o.e wrote:
Dizzy28 wrote:
j.o.e wrote:I mean I don’t know what’s the use of having EC outside of their islands. This is just a problem of being a small island economy.
I have Indonesian money from trips what i supposed to do with it outside of Indonesia?

You can't even get EC money in local banks here. That's how much in demand they are.

It not being available in banks is not a reflection of demand. It’s a reflection of supply. No one is spending EC locally or trading it for other forex, Caribbean trade is generally in US

The pie in the sky dream of CARICOM was to have one currency for everyone but nobody wanted that so everybody fighting up