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How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months - Politics - Nairaland

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How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by renythyly: 4:37pm On May 19
If they tell you that whoever won 2023 election would not have made any difference in our economy, call them liars!

The president of Argentina has massively reduced inflation from 3 digits to single digits in only 5 months!

Some moral lessons Nigerians can learn here
1. School is not scam
2. Tinubu is not a trained economist or accountant as he claimed during elections, he's either an intellectual imposter or most likely a huge fraud.
3. Economics is not rocket science, it is a real science that can only be practised by serious people if you want result.

Happy sunday

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/

18 Likes 6 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by BigBlackPreek(m): 4:40pm On May 19
That's just the ways it is

10 Likes 2 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by lazkizz(m): 4:41pm On May 19
Bro .... pls let him school

master strategies


A.k.a I will , we shall , we would


Pls feel free to add ur own

14 Likes 1 Share

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by renythyly: 4:42pm On May 19
BigBlackPreek:
That's just the ways it is
One old man in Katsina said one year is too little for bat to perform magic grin

But the problem is, bateria is not even reducing inflation or at least leaving it where he met it, he's increasing it massively month after month grin

16 Likes 3 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by chopnaira: 4:43pm On May 19
renythyly:
If they tell you that whoever won 2023 election would not have made any difference in our economy, call them liars!

The president of Argentina has massively reduced inflation from 3 digits to single digits in only 5 months!

Some moral lessons Nigerians can learn here
1. School is not scam
2. Tinubu is not a trained economist or accountant as he claimed during elections, he's either an intellectual imposter or most likely a huge fraud.
3. Economics is not rocket science, it is a real science that can only be practised by serious people if you want result.

Happy sunday

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/
Are you mixing up monthly with annual?

3 Likes 1 Share

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by BigBlackPreek(m): 4:44pm On May 19
Confused and clueless government 🏌️
renythyly:

One old man in Katsina said one year is too much to reduce inflation rate grin but the problem is bateria is not even reducing it or at least leaving it where he met it, he's increasing it massively month after month grin

3 Likes 1 Share

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by renythyly: 4:45pm On May 19
chopnaira:

Are you mixing up monthly with annual?
No, maybe read the article first, you will understand better. I'm intrested in the monthly inflation rate, not the annual rates.
Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by chopnaira: 4:46pm On May 19
renythyly:

No, maybe read the article first, you will understand better.

6 Likes

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by chopnaira: 4:47pm On May 19
And from the article, annual inflation is now close to 300%. Which shows that it's still rising especially from the 211% you posted as screenshot

You are confusing monthly inflation to annual inflation.

13 Likes 2 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by psucc(m): 4:51pm On May 19
Tinubu build Lagos and now to build Nigeria, cement come finished.

The presidency has exposed the kind of administration Tinubu ran in Lagos - tax, tax,tax

Now Sanwo-Olu has added demolition to the equation

12 Likes 4 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by ClearFlair: 4:52pm On May 19
renythyly:
If they tell you that whoever won 2023 election would not have made any difference in our economy, call them liars!

The president of Argentina has massively reduced inflation from 3 digits to single digits in only 5 months!

Some moral lessons Nigerians can learn here
1. School is not scam
2. Tinubu is not a trained economist or accountant as he claimed during elections, he's either an intellectual imposter or most likely a huge fraud.
3. Economics is not rocket science, it is a real science that can only be practised by serious people if you want result.

Happy sunday

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/

@helinues @Yarimo @freestuffsng @Biodun556

3 Likes 2 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by renythyly: 4:54pm On May 19
chopnaira:
And from the article, annual inflation is now close to 300%. Which shows that it's still rising especially from the 211% you posted as screenshot

You are confusing monthly inflation to annual inflation.

Monthly inflation rate is used month on month. I believe if you're using annual rates, you'll need a previous year as benchmark at least. You'll have to wait for the end of 2024 to use that rate you want to use if you want it to work. Do you understand?

If you want to measure price change in the immediate, it's month on month.

11 Likes 2 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by muhammaduyusufu: 4:55pm On May 19
renythyly:
If they tell you that whoever won 2023 election would not have made any difference in our economy, call them liars!

The president of Argentina has massively reduced inflation from 3 digits to single digits in only 5 months!

Some moral lessons Nigerians can learn here
1. School is not scam
2. Tinubu is not a trained economist or accountant as he claimed during elections, he's either an intellectual imposter or most likely a huge fraud.
3. Economics is not rocket science, it is a real science that can only be practised by serious people if you want result.

Happy sunday

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/

renythyly:


Monthly inflation rate is used month on month. I believe if you're using annual rates, you'll need a previous year as benchmark at least. You'll have to wait for the end of 2024 to use that rate you want to use if you want it to work. Do you understand?
Then why did you post a screenshot not 211.4%?

You even lied that he brought inflation down from 3 digit to 1 digit in 5 months!!!

You are a real proof of the your own saying that education is not a scam.

23 Likes 2 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by muhammaduyusufu: 4:56pm On May 19
chopnaira:
And from the article, annual inflation is now close to 300%. Which shows that it's still rising especially from the 211% you posted as screenshot

You are confusing monthly inflation to annual inflation.
OP has zero clue of what he posted.

19 Likes 2 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by nlreserve: 4:57pm On May 19
lazkizz:
Bro .... pls let him school

master strategies


A.k.a I will , we shall , we would


Pls feel free to add ur own
na their normal way be that. And when they make such empty promises, their supporters like helinues and yarimo would be hailing them

2 Likes 2 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by CodeTemplar: 4:57pm On May 19
Abracadaba policies caused it.

Acceleration/deceleration rate of the inflation or the year-on-year rate?

1 Like

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by MEEVEET: 4:57pm On May 19
The funny thing is this is easy to do very easy

All you need to do is to reduce lending interest from CBN to banks... To say 2% as long as they meet certain criteria

1) loan must be to the real sector import substitute produce and export produce

As long as product is produced below landing cost for import substitute and average internation price for export produe

2) reduce import duty for raw materials such as steel, fabric, grains, and chemicals

3) streamline export process and remove completely export duty

4) suspend all unnecessary infrastructural projects... Just focus on education, health n maintaining roads

It's not rocket science this is what Peter Obi has been saying since 2019

8 Likes 2 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by DeLaRue: 4:57pm On May 19
You are wrong.

What you're quoting is monthly inflation of 9%.

The annual inflation is still close to 300%, the highest inflation rate in the world. Whereas Nigeria's annual inflation is less than 40%. Nigeria is in a better position than Argentina.

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/

It is like Nigeria's annual inflation which I think is 34%, but monthly inflation is probably no more than 4%. The monthly figure does not change the fact that annual inflation which is the one that is most commonly quoted in the media is 34%.

To be clear, annual inflation in Argentina is still close to 300%. In Nigeria, it is less that 40%.

Which is better?

6 Likes 1 Share

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by Goodvibes007: 4:58pm On May 19
This thread is a proof that Obidients are very dull. We can see some of his fellow Obidients thinking inflation was brought down from 3 digit to 1 digit I. 5 months LMAO.

23 Likes 2 Shares

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by renythyly: 4:58pm On May 19
muhammaduyusufu:

Then why did you post a screenshot not 211.4%?
Even saying he brought it down from 3 digit to single digit!!!
You even lied that he brought inflation down from 3 digit to 1 digit in 5 months!!!
You are a real proof of the your own saying that education is not a scam.
You are a real proof of the your own saying that education is not a scam.
Do you have problems grasping the post title, the quoted source (reuters) or the attached screenshot?

I can break it down but I need to be sure you're not related to muhamadyusuf the founder of boko haram, because his followers don't believe in western education.

3 Likes 1 Share

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by Goodvibes007: 5:00pm On May 19
renythyly:

Do you have problems grasping the post title, the quoted source (reuters) or the attached screenshot?

I can break it down further but I need to be sure you're not related to muhamadyusuf the founder of boko haram, because his followers don't believe in western education.
Guy you are an olodo. Collect your L in peace.

7 Likes 1 Share

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by Goodvibes007: 5:00pm On May 19
chopnaira:

Are you mixing up monthly with annual?
That is exactly how he is confusing himself.

4 Likes 1 Share

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by Splashme: 5:41pm On May 19
Criminals in Aso Rock calling
themselves leaders
Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by Tap0lane: 5:46pm On May 19
All this your listed who among Obi n Atiku is an economist ?

Tinubu you are vilifying 2ith your foolish mouth come closest to being an economist as an accountant so 2hat exactly is your point ?



renythyly:
If they tell you that whoever won 2023 election would not have made any difference in our economy, call them liars!

The president of Argentina has massively reduced inflation from 3 digits to single digits in only 5 months!

Some moral lessons Nigerians can learn here
1. School is not scam
2. Tinubu is not a trained economist or accountant as he claimed during elections, he's either an intellectual imposter or most likely a huge fraud.
3. Economics is not rocket science, it is a real science that can only be practised by serious people if you want result.

Happy sunday

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/
Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by AcadaWriter: 7:11pm On May 19
That's just the ways it is
Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by Paraman: 8:09pm On May 19
renythyly:

Do you have problems grasping the post title, the quoted source (reuters) or the attached screenshot?

I can break it down but I need to be sure you're not related to muhamadyusuf the founder of boko haram, because his followers don't believe in western education.
The inflation rate in Argentina is presently above 250%

In Nigeria it's less than 40%

3 Likes

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by Caleb15(m): 10:02pm On May 19
ClearFlair:

@helinues @Yarimo @freestuffsng @Biodun556
Na the Same person you Mention bros!
Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by Mrexcell(m): 11:42pm On May 19
The people this post is made for are too dumb to comprehend it all.

1 Like

Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by ogmask: 11:53pm On May 19
Millei is not in same class as Tinubu. What the guy did can only be likened to what the elsavador man did against dangerous gangs. Give Tinubu another 4 years and watch how Nigeria becomes South Sudan.
Re: How Millei Dropped Argentina Monthly Inflation From Over 200% To 9% In 5 Months by Buccalcavity2: 1:06am On May 20
Exactly how the op reasons is how PO thinks. Very dull set of people. Yet they are the loudest! And they call this opposition? Shame!

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