₦airaland Forum

D

iLegendd:
I'm going to ignore you because you want to use me for attention, then take people to Telegram and scam them.

You seem jealous and frustrated. If I were in your miserable shoe, I'll feel the same sha. The attention I'm giving you ends here, kid.

Let's watch how you'll fade in 2 days the moment I seize attention from you.

It is you that has been promoting fishy and risky trading systems with blurred out screenshots that hide the truth about how much you are risking on a trade.

It is you that has been using baity titles to lure people to buy your ebooks.

Both things I stated are facts that you cannot deny.

And they make you the scammer or petty thief.

If you want to hit your head on a wall because I told you to stop promoting trading with excessive leverage because it will cause newbies or inexperienced people to lose their money then please hit your head on the wall or light yourself on fire.

As far as I'm concerned you're a dirty crook and your type have no place in a functional society.

I'm not jobless like you to be dancing naked on every page of this thread promoting risky behaviours to lure unsuspecting people into a trap.

The wise people here shouldn't have left you alone to be behaving like a lunatic promoting bad trading behaviour all this while. They left you alone and now you think you own the place and you can dictate what happens here. What rubbish!

How old are you? How much have you made from crypto? Your useless ebooks are no longer selling and now you think you can deceive people here and make them lose their money.

Well, you now have my attention. I'll be calling you out anytime you post rubbish and misleading information or strategies here.

Again, if it offends your senses please go hit your head on a wall or light yourself on fire

iLegendd:
Rest, you're irrelevant. Those books are more important than you. I don't even know you, but you know my books. That says a lot.

Empty vessels always make the loudest noise.

You're worse than an empty vessels.

Stop misleading people here

D

D

D

D

D

D

D

D

D

D

D

D

D

D

D

D

erniok:
In your 1st paragraph, you said it is one of the strongest in the world and in the next, you said they devalue it which everyone knows. I hope you know it means they are deliberately weakening their currency and no weak currency is strong just like the yen.

I wanted to point out to you that your theory of inflation means a weak currency is wrong. US inflation has been rising not like ours by the way and presently, their currency is adjudged the strongest in the world.

I understand your other points and those were never the basis of my comment.

It's an agreed economic law that inflation has a negative relationship with the value of a currency, especially fiat currency or paper money.

To argue against this established law is to turn economics on its head.

Don't allow yourself to be deceived.

To understand the issue of inflation better you have to look at it from a relative perspective. That means you have to compare inflation and value of a currency with something that holds better value across time and space. The issue of time and space is also very important to note down.

Yes, there's inflation in the USA and I can still tell you that the dollar is depreciating against an asset like land or gold because across time and space land and gold holds more value than dollar, naira or any other currency.

If you measure the value of naira against gold and land you'll see that naira is losing value as well against both because as time passes you need more and more amount of naira to buy the same fixed size of land. Rise in price of anything is inflation, and once inflation goes up it means the value of a currency has fallen... This will then translate to a lower or weak exchange rate if you compare that country's currency where there's inflation to another country's currency where there's lower inflation.

Inflation in Nigeria now is 40% or higher but inflation in USA is 4%... Inflation in Nigeria is 1000% higher than inflation in the USA. Do you see the huge gap? It simply means that naira's value will drop way lower than the US dollar when you compare both against each other or when you compare both against any better asset like land or gold.

So, ask yourself, why is the Tinubu's government using propaganda to prop up the value of the naira and blaming crypto, speculators and other ghosts when they know that inflation is the real problem and they know the factors driving inflation and are even responsible for some of them (printing huge amount of naira, bad road, high insecurity, high cost of diesel and fuel due to Subsidy removal, no electricity and high cost of poor electricity)?

If you have wealth in form of cash and you're looking to store that wealth, would you store it in naira knowing that tomorrow, your naira will be able to buy fewer goods?

Imagine your 500,000 naira being able to buy 100 bags of cement but then dangote increased price of cement in February by 200% to 15000... Your same 500,000 will now be able to buy just 33 bags of cement. From 100 bags to 33 bags!

Will Tinubu's government give you the balance 67 bags of cement because you're patriotic?

The speculators you see the government chasing are mostly trying to protect the value of their wealth against the rampant inflation created in Nigeria by Tinubu's government.

They can choose to buy land or gold to store their wealth, and some are actually doing so right now, but it's a fact that gold and land are not liquid assets. You cannot easily convert them to cash to use for other needs. That is why the next best alternative for any sensible human being in Nigeria now is to store their wealth in dollars since it is acceptable worldwide and a better store of value compared to the naira, relatively speaking.

Read everything I have said here and before carefully and understand the big picture. Don't allow yourself to be deceived by the government of Tinubu and its propaganda agents on social media.

Do what you need to do to protect your wealth cos the government will not help you when you end up poor and broke

D

D

D

D

D

Mensch86631:
I graduated from the university 2022 with first class honours. Now the state government have stated automatic employment of the whole first class graduate, and that means automatic lecturers job for me. My HOD called me yesterday to inform me. Also I have also gotten admission to study in the UK. I'm damn confused here and don't know what to go for.

Apply for DAAD scholarship and go do your MSc and PhD in Germany for free.

If you stay in Nigeria you'll regret your life 5 to 10 years from now

Please leave so you can give your children the best opportunity to grow and thrive in a sane society

D

D

Khyrvxjzy:
as you all know me i talk about fact and figure

no 1 is the concentration of agriculture activities in niger state, all the loans cbn have been giving is rubbish, imagine alot of people getting loan and you cant say this is what they achieve, so i am happy, the governor even said i will feed Nigeria

no 2 is electricity. i dont like the minister but i think i love this concentration of energy to bank A, the aim is take band A serious give them 24hours light and move to band B and so on

no 3 which i really dont take as economy revolution is everyother things which includes subsidy, floating, policies

recommendations: i want market revolution like we have companies let us have market companies not all these 2 by 2 shops

textile revolution: let the government empower some people in aba or lagos, let us have textile companies

we cant jump all these and start wanting benz and big companies to come to Nigeria, let all do all these first

How much are you paid daily to spread propaganda for Tinubu's government?

Agozskey:
Part 2.... I see a lot of people saying i am controlling and I am a finished man, FYI I am 23years old and I already have a business I am running, I am okay with myself one foolish idiot said I am broke boy... Anyways, I bought a phone for my girlfriend, I buy her clothes, I give her money for feeding because they don't eat well in their house, I also give her money for upkeep, but her mom isn't satisfied with dat and yet some people are here blaming me for being stingy. She's my girlfriend and not my wife, I do my part as a boyfriend I can train her in school or give money to her family, when she has a Dad and a Mom both in their late 40s... I also have a life of my own, I also have my own family to cater for but some idiots here wants me to play the role of a husband...
I am not broke and I am also not stupid but I can't train my girlfriend in school and my girlfriend understands me and I cannot also take up her family responsibilities... Thank you

You're too young to be living the kind of life you're living now.

You'll end up dead very quick if you continue on this path.

You're not yet ready for marriage and the responsibility that comes with it.

Let the girl go and stop engaging in acts that may come back to haunt you in life

D

Your mother will never change.

Her behaviour towards you will destroy your personality and you'll become worse than her when you finally have your own family.

Your best strategy now is to distance yourself from her and start getting mental help immediately to clean yourself from the hate and negativity she has fed your soul.

Go and rent a place of your own. Move out without a fight. Just keep your distance and give her respect and love from a distance if you like.

I just hope you listen to what people are saying before you end up damaging yourself and passing on the hate and negativity and bitterness to others, especially your child or children or boyfriend or husband in future.