₦airaland Forum

where the economists

Thanks Naijatoday,
whats quantitative easing then?
I remember him telling the House or Senate he printed all and needed no authorization from them to do that.

@Lanre, i beg to differ!
Theories work in all economies of the world. I think we are not feeling the melt down because we are not a credit driven economy. Whats happening in the banks cant be said to be meltdown, its 419, its always been there.

Ok guys, for the Economists in the house, lets ask a few questions.
I am a computer scientist, though a good student of Economics in high school but obviously dont know the answer to these questions which is why I'm asking here.

Sanusi sacked some bank chiefs and pumped in money into the circulation by printing! He printed a total of N600 billion+! Now, has it affected the inflation rate ( I think it should have from my little knowledge)? If it hasnt, why? If it has, what are the implications? The printing of the lower notes in polythene too must have had an effect on the economy, has it not? What are they doing right or wrong?

Over to you guys, educate us.

had 3/5 and pulled out.
call me guy, your phone na wa.
Is Saturday a done deal?

@chessguru, how you dey?
all those guys wey sabi play pack themselves full for opens 2,
anyway, i wasnt ready for it.

damn, i pulled out, i played on table 1 though, chess players know what it is to play on table 1. I played in cat2, it was a nice experience.

@Fortissimo, i most likely will be @shoprite on saturday, maybe we can meet for one or two stakes, what ya think?

An average clock is 15k.
The time is 1hr 30 mins for 1st 40 moves, then extra mins for each move for the game to end. I can assure you most of the games will be over within 1st 40 moves.
Last friends of chess was nice, i didnt wait till they finished cos i had an engagement but i think small B and Bunmi shared 1st place, those guys are engines!
It was fun, if i played last match, woulda had 3/6. My last pairing was with an obvious fish so i just left, wasnt necessary playing him since 3/6 wont win anything.

Hope to see you soon. Takia

Every Serious Chess player knows everything abt NBL info already.

@Fortissimo, what happened boiii
Me dont see you again, every GM was once a fish!
fact that i win you doesnt mean yo should run, thats how to get better.

Make sure you prepare for NBL, i see you didnt come for last friends of chess. it was nice.
Your line doesnt go tru any longer also, thought you were kidnapped
cheers bro.

@chessguru, i will send a text to your cell to know how to add me on facebook.
@moyo sweerie, missed you loads.

@NBL, i also heard its been shifted to the 27th.
I'll be there.

Timaya coulda done better than That babe,
He shouldnt have gone to disturb public peace.
He can go to jail for that if in a civilized nation.

well, while i applaud Sanusi's action, i think something might indeed be fishy!
Like ibgreat rightly said, why was he in a hurry? why didnt he wait till all banks were examined/tested before the deed?
The loans that are been repaid i want to believe are only non performing loans, else the borrower shouldn't be bothered cos there was an agreement.

'll like to meet missbowleg

all comments

chessguru, IN YOUR MIND !!!!!!!!!!!!!!!
At the last friends of chess, i called your number but you didnt pick, i knew you weren't there anyway cos i didnt see your name.
I had a nice outing, had 3/6 wrote it on facebook.
played the guy that came first in opens, played 2 guys in masters,
you can check this link for my write up
modified

I'll be @the NBL stuff and also next friends of chess.
Wish we could play b4 then.

real truth never showed interest, i am not surprised.
better guys should apply jare.
I am not sure someone will start this thread for fun at the poster's age!

whats the source of dashe's write up?

Sorry we haven't updated you,
it was nice at the competition.
I was there with fortissimo.
It was a nice experience.

@shinatu,
where is your info about theola being available coming from?
someone here say she is married to Real truth with a kid now
I want to believe that one instead but Real truth must be a superman to have done that

@Thread, theola no doubt is a mature lady and i respect her maturity,
she sure knows what she wants and she will get it.

@benzora,
see me see trouble o!
Can you imagine that kind of vacancy advert?
By the way, they need 30,000 but do you know how many people will apply and pay the N3,500 before they now prune down to what they want if they are actually real?
They will make up to a billion you can be sure!
Well, i guess Nigerian job seekers are becoming wise and no longer selling water to the ocean.

@ all,
DON'T PAY FOR EMPLOYMENT!!!
you should be paid, don't even pay for test, a company that cant afford conducting tests freely for its workers will owe you salary for months!

All of them are actually mad
Glo too wont loose out on the mad rush to milk Nigerians of their had earned money. They are doing theirs too!
I just wonder who the foolish or ignorant people that will partake are!
Damn, my people perish for lack of knowledge!

I like it