₦airaland Forum

Ishilove:
You won't realise what a shithole this country until you go out and then get hit by reality. The difference is very clear

you are damn fine

Millz404:
Oga forget that story... U be gate man

An average security guard makes 27000 dollars a year in the usa, that is over 9 million naira , how much do you make in a year with your degree here in Nigeria?

I found this interesting, not directly related to Tbills but none the less educative;

"Inflation is, in fact, a tax on money holdings. Then, after exploring some implications of this fact, we will examine again the reason why some countries have high inflation rates.

We start with the fiscal budget constraint that every government faces.

1. G = T + ΔB/Δt + ΔM/Δt

where G is government expenditure, T is taxes, t is time and ΔB/Δt and ΔM/Δt are the current-period changes stocks of government bonds and money held by the public. This constraint says that the government must finance its expenditures by either levying taxes, selling bonds to the public (increasing the stock of bonds at the rate ΔB/Δt) or printing money (increasing the money stock at the rate ΔM/Δt). The government budget deficit, government expenditures minus taxes, must be financed by either borrowing (selling bonds) or printing money.

Suppose that the government runs a deficit and finances it by printing money. For the sake of argument, we assume that the deficit is $1 billion and that the money supply is initially $10 billion. The government prints $1 billion of new money, giving it to the public in return for $1 billion worth of real goods and services. The public sells these goods and services to the government at market prices and receives an equivalent amount of money return---the goods and services are part of G, which exceeds T by 1 billion dollars.

But the nominal money supply is now ten percent ($1 billion/ $10 billion) higher and, given the public's unchanged desired holdings of real money balances, the price level will eventually rise by 10 percent. As a result, the public ends up with 10 percent larger nominal money holdings, which it gave up real goods and services to obtain, but faces a 10 percent higher price level. Since its real money holdings have not changed, it has received nothing for the goods and services it gave to the government. The public is no better off than it would have been if the government increased taxes by $1 billion dollars and used those funds to purchase the goods and services from it.

By printing money instead of raising income or sales taxes, the government is taxing money holdings instead of income or sales. Since the price level rises by 10 percent, everyone loses 10 percent of their initial money holdings and has to give up an equivalent amount of their current income to acquire sufficient additional nominal money holdings to maintain their real money holdings at the desired level. Had income taxes been increased instead, the government would have taken $1 billion (the same amount) directly off their current year's earnings."

It's quite long and I cut it here, I can post the subsequent part if you interested in reading further.

fabre4:
Kinetic theory of gases comes to mind
Are u a chemist?

No, I am an electrical engineer.

I checked online, people actually do this in India, they put the cylinder in a bowl of hot water to maximize use.

But, it's a very dangerous practice, why because too much pressure will blow up the cylinder. You would need to monitor with a pressure gauge. Even with that it is not advisable, pressure can build up very fast.

Interest rate: [(Amount - Principal)/Principal] *100

Discount rate: [(Amount - Principal)/Amount] *100

Interest rates calculate how much a present sum of money will be worth in the future at a certain rate of growth and you use discount rates to determine what present sum of money you need to reach a particular future value at a given rate of growth.

freeman67:
Pple insist interest is upfront because unlike fixed deposit and other forms of investment where interest are paid at interval or at expiration, your TB interest is paid to you immediately your bid is accepted except if you request for it to be invested with the principal. You will only get your complete principal at the expiration of the agreed tenure of investment.

I disagree, the difference between the price you paid for the T-bill and the full amount at redemption is supposed to be your interest. No investment pays interest upfront, none.

Investnow2017:
I told you; Oga TONY56 is a fantastic lecturer.

I wonder why people insist interest is upfront.

boldndbeautiful:
good morning fam, pls does anybody know today's rate?

No DP? No pix? How can we authenticate claims implied by your user name, boldndbeautiful? Sorry, but, we need to establish whether you are trustworthy, only then can we do biz with you.

AnonyNymous:

You play chess, uh? Are you on Chess Time? Get it on the playstore, or what ever store you frequent, because... I challenge you to a duel to the death. Meet me there, ID: ositadima. I shall have ur head on a spike.

Any cow I spot on my property is as good as dead. Enough said.

richeeyo:
We need to legalize guns in Nigeria
The right to defend yourself as a citizen
And if you want to go and misbehave with yours their are thousands of armed people waiting for you.
All this badoo
Kidnapping
Area boys
Headsmen or Xmen
Robbery
And over reliance on law enforcement would stop
Even before you go Robb you would think well
Couse were you going they gat guns too plenty guns

Like in the wild west? Cowboy style? It will boil down on who can shoot the fastest. I don't have a problem with that, I shoot like a mutherf,ucker, I fear for you and the other bad shots on this thread, remember there is no do over in such a world.

OMG! you insane grammarians!! You have ruined this thread. I am so shaking with anger right now.

I want to tear your dumb heads off and drink your blood.

Amakavula:
It's either a vulture (East Africa) or a condour ( I highly favour the later due to our proximity to south America ) It most likely made the Atlantic crossing out of error a d lands into the hands of primitives here in Nigeria. saw someone suggest a bald eagle, hardly. As bald eagles aren't native to the Southern hemisphere

Lammergeier is one of the oldest vultures in the world. They also called as bearded vultures. This massive species of vulture weigh up to 7 kg and has a wingspan between 2.3 to 2.8 m. They inhabit in the high mountainous regions of Southern Europe, Southern Africa and Asia.

Brooke60:
That is somebody's grandma o

Your soul is mine.

Cylinder holds gas in it under pressure, so much that the gas is liquified, this pressure forces the gas through when you turn on your gas appliance.

Now, when you use most of the gas, there is less pressure, maybe close to atmospheric. The only way you can make use of the gas left is to heat up the cylinder, more heat more pressure. But, I don't advice you to do this sha.

I came across this question while surfing;

Walter White and Michael Scofield are tasked with killing one another. They start at opposite terminals of your chosen major airport.

They have 1 week prior to prepare.

During the week of preparation, they can call on the help and advice of their associates.

Walt could plan with Jesse, Mike and Saul.

Scofield could plan with Lincoln, Mahone and T-Bag

Once their week of planning is up however, they must go it alone. Walt vs Michael. 1 vs 1.

Who is the victor?

With all these stellar results all over the place we are still backwards in more ways than I can count.

Pls, what is the essence of a good education? Is it not to improve self and your environment?

If all these first class can't translate into a better Nigeria, then it is of no use.

What was our last improvement or innovation? None, fucking NONE.

Guys, if you are smart, pls use that smartness and make something out of it.

mrphysics:
Sue your dad for rape and stop disturbing us

Go fu,ck ur self.

.

Marriage used to be solely a business transaction and still is. A man sells his daughter for some tubers of yam or something, and she becomes her husband's property.

Recently, bride price has become so steep you did have to save for years for it. It seems to me that most married women would benefit from a good hard raping or three from their spouse just to establish in their minds who the dominant party is, as they seem to forget, easily. Do you agree?

ihitenansa:
this girl no just mk sense. i doubt if any 1 in his right senses will evn approach ds thing...

I don't mind, I would fu,ck her pussy.

She no wear bra, I can see her areola.

OceanmorganTrix:
So you kept playing with your dick till you CUM

Yeah, reminds me of the first time I did it, my hand accidentally brushed against my dick and it somehow felt good, so i kept on light touching my dick until i came. I was so amazed back then so i ran to my parents and told them about it ... Dinner was silent that night.

I'll admit, I have masturbated to facebook pictures before and I find it easier because they are more "real". I don't think it impedes my ability to talk to them in real life, strangely enough. What do you guys think?

She made my snake solid sha.

Years of meditation and enlightenment... And then you see the boobies, and everything is falling apart.

agukayode:
who cares

Pls, show us on a doll where the bad man touched you.

Kimsunh:
see this fool wey we dey try save from lions. I have a very good job and if you want to come and confirm, you are welcome.. I have nothing to drag with you. Your just a stupid ingrate. If scammers like they can kill u and take ur money( that’s if you even have it as you claimed). Fool!! Na ur type husband dey use do punching bag every morning.

hahaha, she is a tough Youroba girl o, probably from Ijebu community, no try am o.