Lithiumite:


That would further drive up inflation has you would have more money in the hands of people chasing fewer commodities.....that's basic economics.

Jeez
150k?

That's just a bag of rice oohh


You are so funny,, you sound like 150k is 1,5 million...

Yes we all know that too much money in circulation is bad, and that's what countries with minimum wage of 3,000 dollars always talk about but not this miserly 150k na..
Countries with 3,000 dollars minimum wage are talking about too much money in circulation you too with 70k, you are talking!.

Haba Bros!
😄😄😄😄

Funny guy...

Why not kuku even reduce the minimum wage to 10k so that there won't be "too much money" in circulation.

😄😄

ddippset:
Jeez
150k?

That's just a bag of rice oohh


You are so funny,, you sound like 150k is 1,5 million...

Yes we all know that too much money in circulation is bad, and that's what countries with minimum wage of 3,000 dollars always talk about but not this miserly 150k na..
Countries with 3,000 dollars minimum wage are talking about too much money in circulation you too with 70k, you are talking!.

Haba Bros!
😄😄😄😄

Funny guy...

Why not kuku even reduce the minimum wage to 10k so that there won't be "too much money" in circulation.

😄😄

You need to match liquidity with production.....those guys you talking about produce far more than they consume and even export.

With your analogy of a bag of 150k being just a bag of rice if the entire masses have 150k all at same time and goes to the market to go buy same bag of rice,you have pushed up demand without commensurate upswing in production and the seller would take advantage of the situation by selling to whoever is willing to pay more.
Take ehailing has an example,when there is high demand for cabs but there are fewer cabs,there would be a surge in prices and a normal trip that should be 3k could go as high as 6k.....it's simple law of demand and supply.