₦airaland Forum

A305:
Not technically the best option to solve inflation and it would cause more inflation because there would be too much money in circulation chasing fewer goods. This tends to weaken the value of the currency till one loaf of bread could be sold for one million, a text book example of what happened in Zimbabwe some years back.

Zimbabwe kept printing more money to cushion inflation and kept introducing new currency face value until they had one million note face value. It ended in chaos, poverty and protest for a regime change.

So, what you should understand is money management is key factor to stimulating and running the country's economy, when you ruin that by printing more money, you tend to ruin the country itself.

What CBN does to tackle inflation is raise interest rates to discourage banks from lending out the money that creates new money in the system. As every loan in the system creates new money.

Unzerious:
3 Buckets of Agbor Palmy, and 3 Wraps of Kwale Weed for you Op

You too Much!

Arkmanbuddy:
The Nostradamus of Asaba!

Asgard73:
How you will vote ...

No Dey add others join yourself

OBi cretians are funny..

Abdul05:
where are the northerners that would want to match for Obidient....


North is not ss or se... You better know this.

nowtoday10:
Ur headline n content no agree

jeromestarks:
Tinubu will win 2023 election.

Throwback:
Obi is a liar and hypocrite. His speech on what the election should be about is at variance with what he is about.



If not connection, how did you become Labour Party presidential candidate without even a 1month membership of the long existing party?

Was it your entitlement to be a Presidential candidate that you could not accept defeat in PDP, so you ran out at the 11th hour to go secure it elsewhere without prior work for that party?

If Character is being discussed, would you be remembered positively or negatively as that political prostitute who promised never to leave APGA and that leaving APGA would mean leaving politics?

What is your Capacity with your poor academic record and your inability to grow the economy of Anambra state?

If Commitment was paramount, would you depart APGA and also depart PDP that gave you a national platform in 2019?

Rather than clap for a liar and desperate politician, ask him questions and see how he will begin to slow down on the fancy talk that is belied by his own contrary actions.

So Mr Peter Obi, the 2023 election is going to be about the things you say it shouldn't be about, and you are most guilty of it being so because you are the epitome of tribe, religion, connection, and entitlement?

You are the Igbo candidate who must never be campaigned against by other Igbo politicians, you are the religious crusader that has attended all the Churches you never attended even as a Governor, your Labour Party ticket is borne out of connection and entitlement.

Sir, you are a patholigical liar and hypocrite.

Shior!