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Nairaland Forum / Nairaland / General / Politics / Why Do Government Borrow Money, When They Can Print As Many As They Want... (580 Views)
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Why Do Government Borrow Money, When They Can Print As Many As They Want... by Juliusmomoh: 2:30pm On Oct 29, 2020 |
Re: Why Do Government Borrow Money, When They Can Print As Many As They Want... by phrancys001(m): 2:32pm On Oct 29, 2020 |
Ask idi amin dada of uganda |
Re: Why Do Government Borrow Money, When They Can Print As Many As They Want... by kkkp: 2:33pm On Oct 29, 2020 |
hahahhah it doesn't work that way. Inflation |
Re: Why Do Government Borrow Money, When They Can Print As Many As They Want... by Injera(f): 2:34pm On Oct 29, 2020 |
Basic economics. The currency flowing in the economy must be equivalent to the GDP of that country or else the value of the money will be worthless 4 Likes 1 Share |
Re: Why Do Government Borrow Money, When They Can Print As Many As They Want... by Camelot65: 2:35pm On Oct 29, 2020 |
Na wao..... printing as much money as they want would cause inflation..... |
Re: Why Do Government Borrow Money, When They Can Print As Many As They Want... by omowolewa: 2:35pm On Oct 29, 2020 |
Then you go the Zimbabwe way 1 Like |
Re: Why Do Government Borrow Money, When They Can Print As Many As They Want... by Jmk9292(m): 2:40pm On Oct 29, 2020 |
That would create more problems than the ones being borrowed for....... |
Re: Why Do Government Borrow Money, When They Can Print As Many As They Want... by Eje2019: 2:43pm On Oct 29, 2020 |
I d think am sometimes o |
Re: Why Do Government Borrow Money, When They Can Print As Many As They Want... by Nobody: 2:45pm On Oct 29, 2020 |
Because the cost of printing a note is very high considering the security on each note... printing large denomination would have been a way out, but printing in excess causes inflation.... Because too much Mony will be chasing too few commodities.... The best way to increase cash flow is to engage in massive manufacturing for export .... Nigeria has what it takes but our leaders lack the vision because of the selfish interest in them China rose to number 1 in exports from nothing Everyone talks about dividing the country....but no one seems to remember that we still remain the same selfish set of people despite the divide we crave for.... We should rather pressure state governors to develope the resources within their states, am sure that will gradually encourage people to return to their respective states and earn more, once we have an economic divide as a result of returning to our respective states to earn more the political divide we all seek will come easy... Am sure this can be achieved in 15yrs with a sense of direction... 4 Likes |
Re: Why Do Government Borrow Money, When They Can Print As Many As They Want... by Juliusmomoh: 4:28pm On Oct 29, 2020 |
Camelot65:How.. |
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