Business › Re: Elon Musk Emerges As The Highest Loser Amongst American Billionaires In 2022 by miqos02(m): 1:17pm On Jan 01, 2023 |
grandstar: The major economies were basically in a severe recession due to the Pandemic. This was obviously due to the lockdowns which brought most economic activities to a halt.
In order to get their economies going again, governments chose to spend massive amounts of cash which would flood the economy with money. When consumers and companies begin to spend this money, it would boost economic activities and help revive the economy. This is the fiscal side which is basically government spending. This is a loose fiscal policy. They even print money.
The central banks in order to reflate the economy, usually reduce interest rates. When interest rates are reduced, it encourages borrowing which floods the economy with cash. Also, lower interest rates also reduce the amount of interests existing borrowers have to pay thereby leaving more cash in the system. In addition, because interest rates are low, this discourages saving money and people rather than save because of the low interest rates prefer to buy property, stocks or crypto with it which will bring a higher return on investment. This is a loose monetary policy.
With a loose fiscal and monetary policy, money floods the system. A lot of that money went into crypto and stocks. A lot also went into real estate. Sadly, the policies happened to be too loose as it eventually led to high consumer inflation of over 5% in the advanced countries. Normally for these countries, they never want inflation to go above 2%. To bring inflation down, they will need to tighten both fiscal and monetary policies.
I am busy now. I will discuss the two with you later today. You can also remind me. I will do that sir. Thanks |
Business › Re: Elon Musk Emerges As The Highest Loser Amongst American Billionaires In 2022 by miqos02(m): 12:42am On Jan 01, 2023 |
grandstar: Tesla stocks were way over priced if you ask me It was treated more like a tech stock and not like a car stock. Does future profits justify those share prices?
Also, the sky high stock prices early this year were unsustainable as governments all over the word started tightening the noose around their loose fiscal and monetary policies.
Thos is food for thought an innocent question sir, what's the relationship between musk wealth and fiscal/monetary policies around the world ? |
Business › Re: Elon Musk Emerges As The Highest Loser Amongst American Billionaires In 2022 by miqos02(m): 12:37am On Jan 01, 2023 |
PureMe01: You try make am first to em level you bahhdddd menn n |
Sports › Re: Cristiano Ronaldo Becomes Highest Paid Football Player [see Top 10] by miqos02(m): 12:33pm On Dec 31, 2022 |
judetov2: Lol... He likes attention too much. Nigga always wanna be on the pages of newspapers... "Ronaldo is the highest this , he is the highest that" ...is that all u want? yea , showbiz |
Politics › Re: 4th Mainland Bridge: LASG Names CCECC-CRCCIG Preffered Bidder by miqos02(m): 8:40pm On Dec 29, 2022 |
Good |
Sports › Re: Pele Is Dead by miqos02(m): 8:31pm On Dec 29, 2022 |
Rest in peace |
Celebrities › Re: Comedian Basketmouth Announces End Of Marriage To His Wife, Elsie by miqos02(m): 7:42pm On Dec 23, 2022 |
DonroxyII: Bro we men need to change our IQ ... You don't demand for submission, You Earn It!
Submission still dey available but many men who are supposed to use their productive years to Conquer this Harsh Economy and Earn their Respects and Submissiveness from their Women are busy simping up and down:
Most Men are even using their Small Earns from Big Hustles to Pursue Women only to be crying foul later ....
100 Women would fight dirty over One Economic viable Man while Other economic unviable men would be crying and Simping ...
Women are meant to be taken care of and Women from Impoverished Nation like Nigeria would scan your life finish before Saying Yes to You and Change you immediately once Better Offer Pops ....
Poverty is not a friend of Anybody especially Woman ....
... if you no get money and Sense ... No near Women until You Make am, Use your little money to build yourself ....
If you no get money, then get Scope and Lamba if not ... I don't like men crying ....
Submissiveness my Black Nyansh ... Women still dey Submissiveness till tomorrow ... And Yes, for Your Money and Other Specs that make a Full Man if not she fit drop You ....
Welcome to Generation Z and 21st Century New World Order ... Step Up to It ! man is not wired to earn submission in AFRICA. No need to argue further sir. |
Celebrities › Re: Comedian Basketmouth Announces End Of Marriage To His Wife, Elsie by miqos02(m): 2:56pm On Dec 23, 2022 |
DonroxyII: if you Worth Submissions You would be submitted unto !
But how many man actually have the charisma to be submitted unto without forcing the Submissions ... ! it's not about being worth or not, today's educated women can do well without marriage apart from child bearing. So submissiveness is a scarce commodity today. |
Celebrities › Re: Comedian Basketmouth Announces End Of Marriage To His Wife, Elsie by miqos02(m): 2:12pm On Dec 22, 2022 |
karnafiu03: Women of today have forgotten that a house can not have two leaders and be peaceful. One person must be a leader and one must be a follower. They always want to have a say but never want to share responsibilities. Marriage will hardly crash if women can submit to their (responsible) husbands and follow him as he is the commanding officer of the house, else marriage shall continue to crash!.
The total submission and patient of our mothers is the reason why marriages hardly crash in those days. Our mothers see divorce as a very shameful thing and thus submit to our fathers. Women of today want to be the husband, they want equal right but run from equal responsibilities. Very hard to get submissive wife in this generation because of education. Education opens your eyes and makes you ask questions. What we need is for couples to understand themselves. Submissiveness is not possible again. |
Agriculture › Re: What Would You Do With 50 Acres by miqos02(m): 8:14am On Dec 17, 2022 |
[quote author=EduBrazil1991 post=119207848][/quote]see attached
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Politics › Re: LP Writes December 2023 As Dates For Ekiti And Ondo Campaign Rallies by miqos02(m): 7:52am On Dec 15, 2022 |
Shey you need SSD ?
TALK TO ME . |
Politics › Re: Olubadan To Honour Atiku With Aree Akogun Of Ibadan Land by miqos02(m): 3:51pm On Dec 14, 2022 |
gasparpisciotta: Dem wan collet the small cash wey Atiku dey take hold body dey run him presidential race...
Na wa o, him ma suppose get sense say na scam title
Na so one birnin gwari man run package for Asiwaju head... the olubadan is a PDP member. It's normal , he was once a senator elected under PDP Platform |
Celebrities › Re: Portable Sweats And Laments Over Queuing at Petrol Station by miqos02(m): 1:31pm On Dec 01, 2022 |
Bobbysmicky: Nigga is stingy and has no trusted associates.. he can't send someone? anything to trend bro . This keeps him in the news. |
Family › Re: No Matter How Sad Their Story Is, Don't Let Anybody Move Into Your House by miqos02(m): 1:30pm On Dec 01, 2022 |
Pells1: me permettrez-vous plus de votre maison à l'étranger? Sweetvie ok |
Technology Market › Re: External 1tb Ssd Pny For Sale by miqos02(op): 9:10am On Nov 21, 2022 |
Hello |
Christianity Etc › Re: Paul Adefarasin And Wife Pictured With Donald Trump At Daughter's Wedding by miqos02(m): 6:28pm On Nov 19, 2022 |
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Technology Market › Re: Cheap Laptops Here by miqos02(op): 7:17pm On Nov 15, 2022 |
Zarzah: Good evening, do you still sell mini laptop? yes I do. Good pm |
Celebrities › Re: Jasmine Okafor, Mr. Ibu Daughter's 9-Month Marriage Ends by miqos02(m): 11:35am On Nov 14, 2022 |
chatinent: It's understandable. I'll do the same.
If you lied to me and I found out, nobody will make me change my mind because you are stranger than the devil.
But coming to think about it, I think another daughter of his just met sb and is all marriage and all that too? Abi na this one? Could it be that some girls just marry some men without worrying about his past, really? Or that some men feel it's safer untold? same lady |
Christianity Etc › Re: Warning! The Trumpet Is Fixing To Sound. JESUS Is Coming! by miqos02(m): 11:00am On Nov 13, 2022 |
[quote author=Gospelpreacher1 post=112851346][/quote]fake news. |
Politics › Re: Court Sacks Senator Emmanuel Bwacha For Defecting to APC by miqos02(m): 10:30pm On Nov 11, 2022 |
slivertongue: I pray so, it's becoming too much. cases like these were thrown out by higher courts . |
Politics › Re: Court Sacks Senator Emmanuel Bwacha For Defecting to APC by miqos02(m): 5:11pm On Nov 11, 2022 |
slivertongue: The courts are giving it to APC hot hot.
The way the litigations are going the courts may completely empty APC before the general election the judgement can't stand. |
Politics › Re: Lagos State Red Line Train Arrives NRC Yard, Alagomeji (Pictures) by miqos02(m): 8:49am On Nov 09, 2022 |
frozen70: Pls what's tge difference between red and blue line operating routes |
Sports › Re: Qatar 2022: Roberto Firmino Reacts After Been Dropped By Brazil by miqos02(m): 4:11am On Nov 09, 2022 |
HonNL: SOURCE what is the meaning of HEXA as used in his post ? |
Politics › Re: Marketers Say Tough Times As Petrol Hits N200/litre by miqos02(m): 12:55pm On Nov 08, 2022 |
I expect this scarcity to drag on till the end of buhari administration. Same happened during end of Jonathan's administration. |
Business › Re: Naira Redesign Won't Reduce Inflation Or Strengthen Naira by miqos02(m): 12:13pm On Nov 08, 2022 |
Peterobi90: Thats a tall order, but there would definitely be an impressive crash everything that goes up in Nigeria stays UP |
Business › Re: Naira Redesign Won't Reduce Inflation Or Strengthen Naira by miqos02(m): 11:41am On Nov 08, 2022 |
Peterobi90: It actually would reduce inflation and strengthen the naira..
If you have over N2tr unaccounted for in the economy, redesign would force that out either into the commerce/economy or liquidating the banks.
The scramble for the new designed naira for restock both for ongoing campaigns and re-oiling the nation would see a less demand for dollar which reduces the rates.. so in essence, there is likely to be an imminent crash on the greenback sometimes between December and January..
It was a good move... so you see dollar going back to 500 naira in exchange for 1 dollar ? |
Agriculture › Re: What Would You Do With 50 Acres by miqos02(m): 9:26am On Nov 08, 2022 |
EduBrazil1991: I have tried to secure a million naira loan for my commercial farming journey but Union Bank and UBAs terms and conditions are way bigger than my dream.
With reliable capital, I will use 20 hectares for plantain farming. 10 hectares for Tme cassava farming. The remaining 20 hectares are for pepper, okra, beneseed, groundnut, etc.
Farming is lucrative but it's capital intensive. try sterling bank's specta loan. |
Politics › Re: 2023 Elections: Keystone Bank's Statement On TBN Account by miqos02(m): 10:28am On Nov 07, 2022 |
Pim |
Sports › Re: Gerard Pique Announces Retirement From Football by miqos02(m): 8:43pm On Nov 03, 2022 |
liked him during his manchester united days
need SSD ?
both internal and external
chat me up |
Travel › Re: Why Lagos Commercial Drivers Are On Strike by miqos02(m): 8:32pm On Nov 03, 2022 |
uchaymart: How much for 128Gb, 256Gb SSD internal 8k and 15k sir |
Travel › Re: Why Lagos Commercial Drivers Are On Strike by miqos02(m): 4:10pm On Nov 03, 2022 |
Springboot: What's your location? Miqos computers ventures 12 OSITELU street off otigba street ikeja. Zero Seven zero 612853 six five |
Travel › Re: Why Lagos Commercial Drivers Are On Strike by miqos02(m): 4:07pm On Nov 03, 2022 |
Springboot: Do you have SanDisk 4TB external or any good one. available for 385k boss |