₦airaland Forum

It was once said that 'most of the ugliness we see in others,is but a reflection of our own nature'.The most complex of all associations is the human association,made up of diverse personalities.Life can be less complicated and more fulfilling if you choose to make it so.
Are you missing someone?Call him/her!
Wanna meet? Invite!
Wanna be understood? Explain!
Have questions? Ask!
You Don't like it? Say it!
You like it? State it
You Want something? Ask for it!
Nobody will know what's going on in your mind.Its better to express rather than to expect.If you already have the 'No',take the risk of getting the 'yes'
We just have one life.KEEP IT SIMPLE!!!

DTOBS:
Man!pls take that back, have you forgotten the part of the scripture that says "God is not a man that he should lie,neither is he a son of man that he should repent"... Sodom and Gomorrah were dealt with according to their act so if it pleases God to deal with mankind the same way he dealt withS&G,then he won't hesitate to do so,but at the same time,do not forget the negotiation that occurred btw God and Abraham in the case of S nd G just because of his cousin and his family(Lot) which means if God decided to base his judgement on that incidence,this present world will still be spared cos we have more than " 10" righteous men on earth!
in a nutshell,the bible describe our God as a merciful God who will inspite of every atrocities committed against him still forgive us and draw us back to him...

You are blessed sir.

To be introverted is a gift,and if it's coupled with high self esteem people regard such person as being proud.Introverts loves to have their space and privacy but it is quite imperative to know that there's a difference between privacy and isolation.Keep your relationship private but don't isolate yourself so far from friends and family that they won't hear your scream in a time of need.

The consequences of a poor self concept are far reaching.Not only does self-hatred warp the person's feelings about himself,but it also reaches out and entwines everyone the individual contacts.These are some of the consequences of a poor self concept:
[b]It will influence your choice of a marital partner[b]
The person who lacks self respect often picks a partner who will devalute,criticize,or put him down.Why? To recreate the feelings to which he has become accustomed.Others will choose a partner who is a model of virtue&achievement.Then he will constantly compare himself unfavorably with the accomplishments&positions he wished he held.
[b]It is a hindrance to forming genuine friendships:[b]
Hating ourselves not only hinders our response to others but also hinders others' responses to us.If you are oversensitive about your appearance or what others think of you,you become unable to focus on the other person's needs.The only way to build genuine friendships is to forget self&focus on the needs of others.

Tubexsms:
So far the response are very impressive. Get connected with the world of ideas, you won't regret. Pls there's no payment of any kind. This service is free, as am giving back to the society.
I was once like you now am very happy because I made extra money from my normal income and it is even more than my salary.
Just drop your mail and share this to others don't be selfish.

Malthusiano24@gmail.com

Heard of the story of Alexander the great sometimes ago,its quite inspiring.

Buhari is our Moses that will bring us out of bondage,the Joshua that will get us to the promise land is still being nurtured.

OK,this is what's expected from a true democracy where all failed hands(minor and opposition) are brought on desk for the progress of a country.PDP should also join the league.

That said.Come to think of it,it never occured to Sani Abacha that all the money he was siphoning and stashing in his days will outlived him.What is the benefit of the money you pursued with all your strength and yet couldn't relish its usefulness? *Modified*

GooseBaba:
Which yeye lord of heaven, where is your heaven located at!? In your imagination. Stop making nonsense claims for a character in a book. Meanwhile, OPAROME ODIA LALA" if you know what this means. Guy your life don bend..

I'm just here to give you the message,i am not here to exchange words.

GooseBaba:
Fuvk you and your lord...! Your god is nothing but a covk suvking mountain diety. And a heavenly pervert...

Son of man you have lifted up urself against the Lord of heaven by showing contempt to his awesome power,you are mocking God in whose hand your breath is,and through him you've come to be,if otherwise you know what this means-MENE TEKEL UPHARSIN.shalom

teemy:
http://economics.about.com/cs/money/a/print_money.htm



http://www.economicshelp.org/blog/634/economics/the-problem-with-printing-money/



http://www.vanguardngr.com/2009/09/printing-more-money-can-backfire/



http://www.moneyweb.co.za/uncategorized/the-zimbabwe-lesson-dont-print-money/

Thanks for taking your time to pass the information.

Cooleasy:
You are getting something wrong here o. The printed local currency was first of all converted into foreign exchange; it was the foreign exchange that was paid to service the foreign debt while the printed local currency remains within the country, to flood the market thereby making the currency to lose its value.

Thanks for the explanation.

ultrazone:
The economy would become over bloated.

How sire?

iMerchant:
They experience the worst hyperinflation in the history of mankind. The first country to experience hyperinflation was Germany after World War 2.

When a country experience hyperinflation, the currency become useless. Imagine having to carry #100 billion to buy a bread that cost #10 naira.

That was happen in both countries. A newspaper become valuable than the country's currency. People start using money to cook instead of wood, gas or kerosene. Its way cheaper to burn the currency that to buy wood, gas or kerosene to cook.

Businesses start rejecting the currency. Price of goods increase per second and value of money drop every second.


It is worst than debt.

I want to believe the part you said money was used to cook instead of kerosene and wood was an hyperbole.

puskin:
This OP sef.

Haven't you heard of a country called Zimbabwe.

If i have heard of what happened to them,may be i wouldn't have asked this question.Since you are here i will be glad if you can share it with me.

iMerchant:
Velocity of money is about how fast money exchange hand in business. When you give value or solve problems money moves in.

When people dash you money, you can't call that velocity of money. You didn't do anything to deserve it, they give you out of there free will.

How more money reduce your purchasing power:

Let assume that the total money in the circulation is 100,000 naira. Let also assume that a Toyota Corolla cost #500. If the government printing more money, let assume govt. print additional #100,000. The total money in circulation have increased to 200,000. That means if you have #500 after the new money, you can't afford Toyota corolla again. after the new money, Toyota corolla will cost btw 1k-1.5k.

The new money have dilute the value of your earning or salary. If the government doesn't withdrawn the new money from circulation, you keep losing your purchasing power until government does.

understood.You have just explained inflation.

More explanation is needed

iMerchant:
When government print more money the value of money drop. You loss purchasing power and risk hyperinflation.
More money start chasing less goods in the economy. Consumer have more to spend thereby leading to increase in price of goods and services.
Printing more money to pay debt will complicate and worse the situation than solve it.
Let me use a personal example:
Assume Mr. A is married with 3 kids, lived in Lekki, have a Range Rover Sport and 2 girlfriends. He achieved all this via debt and doesn't have any income or generate any income. If an uncle give him, #500,000. He will spend that money to service the debt and also get into more debts because he doesn't have any income aside the awoof money coming in.

Ok,i got the latter part of your explanation,but can you shed more light on how printing money can reduce the purchasing power of a consumer because the apriori expectation is that purchasing power increases as velocity of money increases.Thanks

qbd2:
Hmm, let me first think and research about it first and come back to comment

i will be waiting for your findings.

qbd2:
I'm no economist but I must say tis like this student of urs read my mind when I was young. As a kid I used to ask similar question, only dat mine was dat y don't d central bank print out more money nd distribute to d pple so no one remains poor?
Anywayz, dats exactly what d argentina govt did. Printed out more money to pay back its debts.
But d thing is d more money u print, the more ur currency loses it value which will in turn affecvt ur economy.
Now I give d mike to d next poster dat came explaion it in economics terms

Thanks for your answer even though you didn't explain it in economics terms,but if truly argentina paid their debt by printing more money,the money shouldn't have lost its value since it was paid to other countries,don't you agree?

I am an agricultural economist(not practicing) and i do teach economics in a secondary school and i was asked this question by one of my student,he said:"master why can't the government print more money and pay all the debt they are owing",i tried to explain but i wasn't convinced myself with my explanation.So the economist in the house please help me proffer sound theoretical and practical approach to the question above.Moderator please help me move this topic to the front page so as to gather more explanation.Thanks.

stop raising false hope and let's watch as things unfold

Well,all these are just presumptions,let's wait for the official release and then we will know those whose predictions are on point.

edozie04:
was a learner way back then, she told me she was a virgin and then came to my hauz wen she was seeing her period, as the slowpoke I am I did the needful then blood came out (for my mind I think shey I don disvirgin girl) was later enlightened by some dudes and they said the girl don scam me, wen I confronted her she initially denied but later she said she is not a vee with the usual lie that she has done it just once with her ex

oh my GOD!i can't help but to laugh.

@op,it's undisputable that those things you wrote are true,but you know, where u graduated from does not solely determine your success in life but what graduates from you pertime.We have graduates of OAU who are worthless in the society,so it is not about the institution but the individual in question.IF I AM GREAT THEN MY INSTITUTION IS ALSO GREAT.

Even Dangote wont have a choice than to hasten the marriage preparation.