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Nairaland Forum / Nairaland / General / Politics / Rabiu Slams Dangote -- Accuses Him Of Usurping The Government (2861 Views)
Federal Lawmaker Defends Dangote, Accuses NNPCL, NMDPRA Of Sabotage / Implications Of Usurping Obi's Win / APC Group Reports Kachikwu To Buhari, Accuses Him Of Working For PDP (2) (3) (4)
Re: Rabiu Slams Dangote -- Accuses Him Of Usurping The Government by Aconomist: 2:53am On Apr 10, 2021 |
With that being said, I do agree with you that the dollar standard is artificially propping up the dollar and reducing America's inflation rate. |
Re: Rabiu Slams Dangote -- Accuses Him Of Usurping The Government by Kingspin(m): 4:01am On Apr 10, 2021 |
Outside Nigeria Dangote will not be the highest man. Thank God is not Ibeto his time. Other Buhari cables would have answered his prayers. Aboki vs Aboki, lets go.... |
Re: Rabiu Slams Dangote -- Accuses Him Of Usurping The Government by Yankee101: 4:58am On Apr 10, 2021 |
Lock em both |
Re: Rabiu Slams Dangote -- Accuses Him Of Usurping The Government by omonnakoda: 6:38am On Apr 10, 2021 |
Aconomist: Interest rates are not just a fuccton of inflation. It is a function of MONEY SUPPLY If government is printing money and doubles the amount of money in supply you would expect inflation and high interest rates Rates are a monetary tool used to control the supply of money and to cool down the economy in times of high growth When the interest rates are zero effectively as they have been in your "developed" world for over a decade that is not a sign of zero inflation or productivity but stagnation When you couple that with the printing of money so called quantitative easing then it is ridiculous to pretend all is well In 2008 there was a Financial crisis that triggered the persistent low interest rates we now experience Now that risk premium that you mention is linked to military might of America and the dominance of the dollar, the US banks and the US control of international payments system which means that the US dollar value is not determined by the performance of the US economy. Risk is linked to military and other coercive powers Essentially the US has dollarized the World and use that as a tool to extract capital and export inflation. These things are beyond your superficial understanding. The US uses the IMF to regularly force weak countries to devalue their currencies and extract rent from them Many countries are forced to keep their foreign reserves in dollars thereby exporting capital and importing US inflation . That is a legacy of Word War 2 and the US Wrrld Order |
Re: Rabiu Slams Dangote -- Accuses Him Of Usurping The Government by Vaughanlanrewaj: 10:35am On Apr 10, 2021 |
I think this should be on the Front page to balance the report of Dangote and FMN that made the FP. Cc Lalasticala Mydd44 Seun |
Re: Rabiu Slams Dangote -- Accuses Him Of Usurping The Government by BluDesk: 1:44pm On Apr 12, 2021 |
Aconomist: This is for you bro. I'm certain you'll find this interesting https://www.farloaded.com/drama-as-zambian-government-order-dangote-to-sell-cement-for-nothing-less-than-n1800/ |
Re: Rabiu Slams Dangote -- Accuses Him Of Usurping The Government by BluDesk: 7:44pm On Apr 12, 2021 |
Aconomist: I want to once again thank you for your threads and information you put out. I informed you that since the cement issue on Dangote you posted ... It generated ripples and went far and beyond.. Even to top societal people. This time Dangote plc has responded. It means with good reportage we can through information do alot http:///2d0410ff210412en_ng?link=1 |
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