₦airaland Forum

benalvino3:
Sign... Look at the bold from your calculation.



Why are you still making excuses?

What is misrepresented in my calculation. Or you want to embarrass yourself further?

I said M1 has $16trln added. From the total of $21trln, that must be roughly the 80% in circulation you were talking about, certainly not the 30% in circulation in M2

Havertz10:
Guy you are seriously making me laugh with your behavior, Russia will starve because ibime says so, have you looked at their import data, factored how much of their local consumption is dependent on foreign countries

you will always resort to insults, maybe you assume that i’m the kind of person that gets triggered by such you clearly haven’t been paying attention

Stating facts is not insults. I'm sure in another life, young men like you threatened the world with Hugo Chavez and were called Juvenile. I said they will starve if they withdraw their oil from the world so claiming oil price will suffer is a moot point. No need discussing absurdities or misrepresenting what I said. Oil and gas is 50% of their budget, that's just a statement of fact.

Havertz10:
my understanding is that after this case, he will use the judgment as a premise to seek a retrial against the sun, I don’t know if that is correct but that is the gist I got

Not on the verdict of a US Jury, he will not. A Judge is not a jury that will measure who wicked pass in the relationship. Judge only needs to satisfy himself that he slapped her once and The Sun is scott-free. It wouldn't matter if she also beat shits out of him.

Havertz10:
hahaha if producing oil was all that matters, why is the number 1 producer paying more for oil and gas than Russia?

Same reason Nigerians and Venezuelans pay some of the lowest in the world - inefficient subsidies and poverty.

Havertz10:
I don’t think you know what you are talking about, if you remove Russian supply from the market, oil will cross 200$ in the first 3 days

And Russia will starve.

Leave long talks. You are not presenting anything that increase knowledge or is educative, just juvenile naivety.

BTW, 62m Russian barrels on high sea with no buyer presently

benalvino3:
I didn't answer you because even you basic maths is not adding up.

5trillion to 10trillion is 100% increase oga.

That na basic primary 4 maths you just failed. Keep lying saying you think I meant this or that when I said 80%.

Show us more of your ignorance oga.

The simple maths is not 80% increase its 320% ask your school fees back.

How do you do in this field if you don't know how to calculate percentage?

You keep embarrassing yourself more. This is why you failed in Obodo Oyibo

You can't even do simple Maths

benalvino3:
Printing 80% of circulating supply of money in 1.5 years. Biden's admin is set to destroy the nation.

Inflation is biting

You said 80% of all supply was printed in the last 1.5 years

You did not say 80% increase

That means if there are 10 dollars in circulation today $8 were printed in the last 1.5 years and there were only $2 before

$2 to $10 is a 500% increase.

$5trln to $21trln in M1 means $16trln was printed recently. $16trl is about 80% of M1 total supply of $21trln give or take

So mumu, which money supply were you talking about before you disgrace yourself further with your primary level failure of simple Maths

Eediot went to Google M1, found M2 and tried to wriggle out while disgracing yourself further

benalvino3:
Joe Biden spent more money in the first eight months of his presidency than trump did in 2018 and 2019 put together. Their deficits is the highest since 2nd world War , and their national debt is on track to double by 2031. Because of that the Federal Reserve is
printing $100 billion each month just to keep up. When they have to print money to keep up, the dollar is worth less, that's the putin's inflation we see tearing through the roof.

Of course 2021 was a Covid year, so why not compare to 2020

Infact the first year budget of a Presidency is set by his predecessor in the preceding year. Another L

benalvino3:
Take your L and sit down... Always acting like you know anything.

Embarrassing yourself as usual.

Take your lesson and relax

The only thing you figured is that you think you know top much but you don't.

This is how your respond when you've been totally found out.

You done run having disgraced yourself

Oga which particular money supply was 80% printed in the last 18 months

Name it or admit you are out of your depth

Havertz10:
Russia is fighting inflation by making living more subsistent for its people, in what reality is that wrong

What are western nations doing to combat inflation, you claim that inflation is 8.5% but only gas prices alone has increased by more than 22% since march, that’s gas alone, bring any mayor commodity and there is significant spike in the west

Most Russian goods are locally sourced or can be gotten from china, the only part of Russian economy affected is high tech manufacturing and they are already sourcing such suppliers from china

Just like Buhari is making living more subsistent for his people by increasing minimum wage for his people from N18k to N30k. Treatment is evidence of symptom

When you see a country increasing such things substantially instead of the usual 2%, 3%, 4%, just know say kasala done dey burst.

I won't waste too much words arguing basic principles with you. Let time teach you economic lessons since you are a young man. You should have already known the whole story from Russia interest rate if you had the depth of understanding what that means. Russia could collapse economically and the world will barely sneeze, just like in the 1990s, whereas if China collapses, the world will go into convulsion. And it comes down to one thing, production. The West can absorb increase in prices of a single input (oil, gas) and have done time without number, competition between companies for the consumers dollar will absorb that input cost. What the West cannot absorb is total increase or shutdown of it's production or supply chain disruptions (which China can do to it).

Russia is a small fry. Tell them to start publishing their economic data like every other country if they are not in Sifia pains. I'm sure even Afghanistan and Somalia publish their economic data. Foreign and local investors rely on it for decision making.

Oil and Gas you keep making noise about that USA is the number one producer is what will make Russia overthrow USA? By your logic, we should assume USA will get even better if it's by that alone. Same Oil and Gas that has kept Russia at the same level as Portugal all this while, and worse than Turkey and Trinidad on a per Capita basis. I have told you before and I will tell you again, the economy is not about Government income, the economy is about the plethora of private activities that drive production, consumption and provide jobs, and Russia right now has no private sector, only Govt income. Watch out for more pain over the coming months, and more Govt interventions which you will no doubt celebrate. That's why I said you are talking like a child.

benalvino3:
You posted a graph you do not understand. shame. every time you do Sabi Sabi meanwhile you don't have a clue. could you at least contrast M1 with M2 to see if you will see the same spike or at least know why that spike is there in the first place. that spike you are seeing there in M1 is them including savings account, something they did for the first time which is the spike you are seeing. M2 has always included savings accounts which is why you didn't see the same spike in M2. I too sabi just to lick Biden's arse

You are a big mumu. Not only did I pull M1, M2 but also MB, and only M1 correlated with your statement of that 80% of Money Supply was printed recently, so I figured you must be talking about M1 (though I know you have no clue what you are talking about)

benalvino3:
Printing 80% of circulating supply of money in 1.5 years. Biden's admin is set to destroy the nation.

Inflation is biting

M1 in the first graph grew from $5trln to $21trln - so about $16trln increase from a total of $21trln, which is roughly the 80% you must be speaking of.

Now you are claiming it's M2 (having just learned about it) having had your foolishness called out.

M2 in the 2nd graph grew from $15trln to $22trln - that means only 30% of M2 ($7trln) was added since 2020

So mumu, which money supply were you talking about for which 80% was printed in the last couple of years

You are out of your depth already based on the above, and to hammer home your stüpidity, most of the growth in both M1 and M2 occured in 2020

So once again, Mr make-it-up-as-I-go along, which money supply are you talking about?

Maxymilliano:
Does the cat even know such judgement was in its favour? Oyinbo can exhibit mumu at times.

Hahaha

This is not a civil case oga.

Segedinho:
Oh boy

Florentino Perez is a gentleman

OJURONGBE1:
19years my foot

That's his brother

benalvino3:
Printing 80% of circulating supply of money in 1.5 years. Biden's admin is set to destroy the nation.

Inflation is biting

You are certainly an uneducated fool.

The major growth in M1 supply occured during the pandemic in 2020 under Trump (graph below)

Knowing what they had printed during the pandemic and the effects that would unwind over the months, they immediately coined the term Bidenflation before Biden had even entered the seat, just waiting for those juicy prints of 2020 to start to take effect. Like having prepared the rope themselves, the Republicans started predicting the dogs hanging. Not that I have an issue with the printing as reaction to the pandemic, but I have an issue with the dishonesty and misleading of the populace for political reasons, treating citizens and fools like you as mugus. That's why I said all these would occur early last year and Lincoln who thought I was relating it to Biden Presidency took it the wrong way. I talk markets, not politics.

However the USA has been surprisingly resilient given the increase in Money Supply. Funny enough the inflation we have is not due to too many dollars chasing too few goods but mostly due to supply chain issues due to Omicron and China. What we are finding is the world has an insatiable appetite for new dollars hitting the market and they are still selling their currencies to buy dollar which is the third best performing currency this year. So what we are seeing is not demand-pull inflation but cost-push inflation.

Havertz10:
Russians getting wage increases and pensions increases with low interest rates

Ibime, how are you this morning?

Overnight 10% rise to cope with runaway inflation which has been in the news for days.

I won't be surprised if they double it overnight like when Buhari increased Nigerian minimum wage from N18k to N30k, or like Zimbabwe or Venezuela regularly do.

You are a clueless child. What you accuse the West of suffering from is hitting Russia wotowoto. They are just getting started.

https://www.themoscowtimes.com/2022/05/30/russia-hikes-social-welfare-payments-to-mitigate-rocketing-inflation-a77838

donstan18:
I remember trying to join Nairaland Fantasy Premier League here, but y’all were afraid I’ll win because of my high and outstanding football knowledge.

Who later won?

I guess Hensben or Amoto right?

Ta you for carry last

Guess who came first out of over a 1,000 managers that signed up?

GloriousGbola:
Good God almighty.

This guy is in the wrong hustle

Instead of all this arcane, convoluted environment destroying crypto, let's have a human facing scam

Quick get him some instant jheri churl, shiny suit and unleash him on the unwashed masses! No need for skin toning, fortunately

25% tithe or 5G mast falls on you!

All na speculations jare. Osinbajo actually has a chance of getting the ticket if Buhari has no other option for concencus. But Buhari hand sef no strong

BasedUsername:
"Boomstick bad."

It surely is

BasedUsername:
That was the joke, Sherlock.

But let me make it real simple for you to understand. He said we can question the validity of rights if it leads to violence. Well, if a small portion of gun owners committing mass shootings can cause law-abiding citizens to lose their gun rights, then likewise, a small amount of Muslims being terrorists can cause them to lose their religious freedom, right?

Foolishness. Gun ownership is not a universal human right. Freedom of religion is.

basilico:
If Johnny Depp goes to Texas , they might find him guilty. He would shop for NYC or DC or Commiefornia where he knows most likely there are Democrat majorities
Is that not a banana continent, if you are sure of getting away when its in a Red or blue state.
That's a republic gone to the dogs. Again in America most convictions are plea deals ( I could be wrong) But prosecutors are usually after securing convictions by hook or cook in many cases,

Na so jury system be. America relies too much on jury across their court systems. In a fractured country, not many will see things down the middle

BlueRayDick:
You this guy, u no go rest with this ur low budget Oyakhilomen prophet ?

I remember one of the videos of his prophecy u posted in July in which he was talking about about Trump being God’s plan to redeem America to prevent the country from being “sold “ …… In that same video the man talked about Massive earthquakes happening that year. Guess what ! Since 2010 there’s always been at least one 8.9-9.9 magnitude earthquakes incident recorded globally ( except for 2016 that recorded zero ) ….. That 2020 ur guyman drop “massive earthquake” prophecy zero 8.9-9.9 magnitude earthquake was recorded .

Shey una no dey go check some of these prophesies out una self ? Na only the few ones wey the guess workout una go just celebrate and not question those ones that failed ? Why ?

I remember this one

Frying hair pastor done turn this one to cultist

BlueRayDick:
I noticed that ever since Tinubu declared his intentions to run for president , u no send Buhari papa again

The same Buhari u always take ur time to find one merit or the other even in his most questionable decisions; na that same Buhari u dey double dare to impose consensus candidate if dem born him papa well .

Osinbajo that u even took time to explain how he’s the star boy being prepped for 2023. In fact it seemed u were disposed to the idea of him succeeding Buhari as at 2019 .



You even claimed he’s the only one with little or no baggage on him in the SW




Na so party man life be ?

Party man is ready for violence

macjireh:
PVC - Prayer= same mistake like 2015
PVC + Prayer= Prosperity for Nigeria

U can't do one and leave d oda

Which candidate are we praying for oga?

basilico:
Simplistic. Kemp won. So what. Does it add garri to my table?

So what will you.say to a liar claiming Kemp lost and committed fraud.

Which lie from a liars mouth do you.pick as truth, and which do you discard as lies.

basilico:
3 Clinton donors in the jury pool and a trump hater too in the jury.
DC I guess is corrupt.
If you are ever to decide against deep state stop watching porn, they can use it against you
Reason I surmise that I believe no sane gender can stand you, so go self-service you measly instrument

Trial by jury can go any way. Relying on non-professionals can lead to unpalatable outcomes but the principle of civilised society stands, that when the law has spoken, the matter is over.

An example is the Amber Heard vs Johnny Depp trial going on. A British judge has already found Depp to be a wifebeater (they are both abusers). Depp waited for an opportunity to drag the matter to America where he can rely on jury trial to clear his name, and is winning handsomely in the court of public opinion. However, the fact remains that he was physical with her, and she with him.

BasedUsername:
Do ideas have human rights?

You have the floor to explain what will be a predictably imbecilic analogy

chopnaira:
Andi ifi tins ah nat goes Isa way. Orange man ah shout da fraud


Ono Ah stills blames da demonRats fa da fraud Trump ah talks abut


Kikikikikikiki

Trump has said it, basilico must believe it

Basilico coming with ten conspiracy videos to prove Kemp did not win Georgia primaries

BasedUsername:
"We just want common sense Islam control."
"Ban assault Muslims."
"We aren't taking your Qurans away, but nobody needs to pray five times a day to worship God."
"We can have Muslims worshipping without their prayer licence."
"I just want a registry so we can track down all Muslims. Now Muzzie, just wear this yellow star for easy identification."



Like some sort of Final Solution to this problem, eh?

Do guns have human rights?

Go and read your books to pass your exams and leave grown folk matters.

larride:
Tinubu can fund his election himself without Buhari. It’s not a threat that can work on someone like Tinubu.

Threat not to Tinubu but to the Governors. I have not seen Nigerian election where Governors don't dip hand in pocket to help fund their party. When the party is in power the dipping of hands is less because FG will carry most of the burden

benalvino3:
Says the guy who openly supports Niger-Delta militants, Killing people, kidnapping foreigners, and causing security issues for everyone. Growing up, I know how there is a sudden gunfight at borikiri sometimes - where you grew up... new road and marine base. we can't go out with a peace of mind.

the same you who have problems with Nazis in the US living peacefully, you want them eliminated off the face of the earth is happy for and cheering Nazis in Ukraine fighting Russia troops.

Be quiet and focus on issues at hand, not issues from over a decade ago.

As a real Harold Wilson nigga and good guy with gun, you should have picked up your AR-15 and stopped Ateke and Soboma boys from disturbing the neighourhood.

OVA200:
Ibime please I need your input on something.
Can I mail you?

Go ahead

Havertz10:
Today Biden met with Jerome Powell

Why is the president meeting fed chairman and treasury secretary if all is well?

Keynesian economics like you would never understand, you people are living in Lala land with basis point rates adjustments and negative interest rates, propaganda economy

Warren buffet: American stock market is a casino

I agree with you about the stock market, however the stock market and the real economy have long been divorced since the fed reaction to 2008 subprime crisis. What does that have to do with Russia?

Whoever expected that all would be well after the economic impact of Covid? You just keep conflating issues and using unrelated issues for propaganda. The world will pay for Covid response at some point, that is the whole world, and as usual the Western economies will rebound while the poorer nations will set a new normal like happens in every global pullback.

What you should worry about is how your Mother Russia is suffering and will continue to suffer.

Enjoy these from Inside Russia.


https://www.youtube.com/watch?v=1vQgx28vNsg


https://www.youtube.com/watch?v=7qom9Xhs-Q4


https://www.youtube.com/watch?v=q2Uxs1KUtHA

Havertz10:
he still holds significant sway among APC bigwigs particularly the northerners, they will throw their weight behind buhari, he is still broadly loved in the north

It’s good that he is acting late, will diminish the social infrastructure that tinubu and others have created

I hope he succeeds cause, atiku vs tinubu shouldn’t be allowed to happen, that pool ball eyed thief will get smoked

The threat of FG not funding the election is still a big stick he has to wield if he doesn't get his way. Make we dey watch