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Nairaland Forum / Nairaland / General / Food / Food For Thought: Won't There Be Inflation After Covid-19? (296 Views)
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Food For Thought: Won't There Be Inflation After Covid-19? by sholarr12: 7:05am On Apr 09, 2020 |
This current pandemic is a great source of concern and anxiety as millions of people have lost their jobs while millions more are still expected to. Can you now see that the pandemic is concerning? The pandemic has destroyed world and local economies, too. For instance, Nigeria's economy has been affected as even the FG has been diverting billions of Naira in funds, because of Covid-19, meant for other purposes. The important question now is: Won't there be serious inflation even when Covid-19 is over? Lalasticlala Dominique Mynd44
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Re: Food For Thought: Won't There Be Inflation After Covid-19? by phr33man(m): 7:12am On Apr 09, 2020 |
This is certain. |
Re: Food For Thought: Won't There Be Inflation After Covid-19? by cedricksly: 9:03am On Apr 09, 2020 |
The reverse is the case. There won't be inflation but Recession.. Inflation is excessive money in circulation chasing fewer goods... There can't be inflation because government hasn't pump money into the economy like Australia and US did by giving citizens stimulus package |
Re: Food For Thought: Won't There Be Inflation After Covid-19? by sholarr12: 2:56pm On Apr 09, 2020 |
But recession causes inflation. Right? |
Re: Food For Thought: Won't There Be Inflation After Covid-19? by Onlinefarmstore: 2:57pm On Apr 09, 2020 |
I don't know the name but I know food will be expensive, seeds we buy are not x eight the original price including fertilizer and chemicals |
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