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Richmund M. Meneses's avatar

Has anyone noticed that the people who are coming up with these ideas, like Beckles, are academics from high-status, costly universities?

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Andy in TX's avatar

Great review.

I think the bit about the Cayman dollar is confusing. The KYD was introduced in 1971 and exchanged 1:1 for the then-circulating Jamaican currency. In 1974 the KYD was pegged to the USD (at a rate of 1 KYD = 1.2 USD), and it has remained so pegged ever since.

The larger point - that Cayman went from poorer than Jamaica in 1960 to far richer in 1980 - is certainly correct and an important one.

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