MT:
I really need to know as this is not my turf. Why does the the US get away with printing more dollars to save her economy?. Do the laws of micro economic not applicable to US in this case? . Please I will need to be genuinely educated in this area.

NwaNimo1:
lol.....mad man.

Inflation nko?

dele1727:




Majority of you people don't know how the economy work.
Inflation is caused by too much money in the economy..


So where is the money now?
Where are the buyers?
Where are the sellers?


Listen and think objectively
Leave the hate

futuregovernor:
Return the ones you stole first.

4xplore:


I have not heard such a thing as oversupply of $$$ because the $$$ is the defacto currency of the world. Inter-country trade deals n other foreign investments are settled with the $$$ so it will always be in demand irrespective of the supply. However, thesame cannot be said of the naira...

IceLip:
the onces way you steal nkor??

Galactico4ever:
More Naira will lead to inflation which will lead to flunctuatio in prices of goods and services

iCauseTrouble:
This Corona Virus dey funny I swear. One woman wey dey sell hand sanitiser for my area don test positive

4xplore:


I have not heard such a thing as oversupply of $$$ because the $$$ is the defacto currency of the world. Inter-country trade deals n other foreign investments are settled with the $$$ so it will always be in demand irrespective of the supply. However, thesame cannot be said of the naira...

MadeInTokyo:

Mad man
He want to introduce Zimbabwe economics to Nigeria.

Is this how he wants to run our economy if he becomes president

donbachi:
Add ur name here..na men like u.

Wettoid123:


Aliko dangote later increase it to 1billion

Masking:
Tinubu might be right.
And I'm quite sure different governments would have resorted to printing cash in critical times.

Liquidity injections that's what its called.

I've always wanted to understand the Economics behind this.

Can someone please explain? Pocohantas?

ijustdey:


https://punchng.com/coronavirus-print-more-naira-notes-tinubu-tells-fg/

AreaFada2:
Ok. Tinubu now has an economic team at Bourdillon Road.

Sense nor go kee this man. Those bullion van hard currency can later be exchanged at 1,200 to £1, 920 Naira to $1, and 1,060 Naira to one Euro.
So this is the voodoo economics Tinubu supporters want us to vote for in 2023?

Yet they lambasted and protested when Jonathan wanted us to save money when oil prices were high.
In Niger Delta, the saying goes that na foolish man backyard sense man or cunning man dey die put.

Jonathan now looks wey smarter than his detractors.

MT:


While i wont dismiss what you wrote because like I said , it's not my turf, but your submission raises more questions than it answers. Are you implying that the entire world financial institutions and regulatory bodies have accepted that the US could just print money arbitrarily to save her economy anytime there is a crisis just because the dollars is the defacto global currency. If this is acceptable, then there is no need for the US to want to industrialise the country as they can just snap their fingers and ask the central bank to print more dollars. Infact they should not be in competition with China as they can easily print more dollars. Please I will like you or any other economists here to shed more lights. Thanks for your contributions as I just want to learn something very new.

ijustdey:


https://punchng.com/coronavirus-print-more-naira-notes-tinubu-tells-fg/

rusher14:
Why is it that the badly educated are the first to air their opinion on issues beyond their comprehension on this forum?

America has implemented quantitative easing- printing of more dollars to absorb the effect of Coronavirus on their economy.

If the US can do that, and Nigeria itself bases a lot of its commodities on the value of the dollar, why shouldn't we print more Naira representative of the volume printed of the dollar?

Monetary policy is not dead and 'helicopter money' is still an option, analysts say
PUBLISHED TUE, MAR 17 2020 10:04 AM EDT
Silvia Amaro

Helicopter money?
However, analysts are also of the opinion that central banks will keep doing more if the coronavirus hurts their economies further.

"Central banks are only just beginning to experiment with their new powers," Erik Jones, professor at Johns Hopkins University, told CNBC via email Tuesday.

"It's not yet over from central banks," Jordan Rochester, a currency analyst at Nomura, told CNBC Tuesday.

"If what they have done is not enough, then the conversation moves onto other forms of unconventional easing from helicopter money to new powers granted to the central banks by governments," he added

Helicopter money refers to a last resort type of monetary stimulus, which involves printing large sums of money and distributing it to the public in order to make them spend more and thus, boost the economy.

Erik Nielsen, chief economist at UniCredit, also said that ultimately central banks can opt to print more money.

"Central banks never lose their firepower. They can print money! The only constrains on central banks' firepower are those imposed by their interpretation of politically acceptable ones and their own assessments of what may work and not work — and all these constrains change over time," he said Tuesday.