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Nairaland Forum / Nairaland / General / Politics / Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) (47204 Views)
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Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by DSC7: 9:24pm On Apr 17, 2021 |
seunmsg: And how have the money printed helped to stabilize our fluctuating economy?... |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Timon4real(m): 9:24pm On Apr 17, 2021 |
Please, why do countries borrow instead of printing? Since printing is allowed to help stabilize economy and co. 1 Like |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Blackdisciple(m): 9:24pm On Apr 17, 2021 |
seunmsg: You speak as if you are not in Nigeria. What did FG do to help Nigeria economy?? |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Richard2007(m): 9:25pm On Apr 17, 2021 |
seunmsg:good for you.i hope that amount keeps your sanity throughout the month |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by seunmsg(m): 9:25pm On Apr 17, 2021 |
LibertyRep: There was no denial. The Finance minister simply said money was not printed to be distributed at FAAC and she is right. Printed funds cannot be dumped into the federation account for distribution. Doing so would have been illegal. 5 Likes |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Golan007: 9:27pm On Apr 17, 2021 |
Enceladus: What do you mean nobody printed money? The creation of fiat money in any form whether digital or quantitative easing is same as printing raw currency. 2 Likes |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by oluwafemiabioye(f): 9:27pm On Apr 17, 2021 |
Exclusive101: This is a major reason South West will develop very fast if self actualization is allowed because they know how to hold their leaders accountable. 5 Likes |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by seunmsg(m): 9:28pm On Apr 17, 2021 |
DSC7: We are now out of recession against the expectation of so many experts. 4 Likes 1 Share |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Frankiss44(m): 9:28pm On Apr 17, 2021 |
seunmsg: So why the initial denial by the Minister of finance? |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by PAWG(m): 9:28pm On Apr 17, 2021 |
lonecatt: Who denied printing money? Can you back it up? 1 Like 1 Share |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Britain4(m): 9:28pm On Apr 17, 2021 |
[quote author=iokpebholo post=100885086]Emefiele is from delta sir..So don't mind those clowns[/quote What point is that guy making] |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Enceladus(m): 9:29pm On Apr 17, 2021 |
Karleb: Sure. But I am talking about a massive one like the German one for example where money was so useless they used it for burning instead of firewood. 1 Like |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by nomenclature(m): 9:29pm On Apr 17, 2021 |
I know the clueless and barbaric nigerian government will always copy all the wrong things ,they will never tell you they are buying Bugatti and roll royce for the nigerian police because dubai is using it too,they only look for excuses to commit more fraud,very soon they will say Zimbabwe is doing it too or Somalia is doing it ...BASTARDS IN POWER fergie001: 1 Like |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by MansoryMX(m): 9:29pm On Apr 17, 2021 |
I bought a carton of sardine, peak milk and some cartons of indomie because they what my kids takes to school everyday on their lunch packs. I know how much I spent getting those items today and I can tell you that with the current price of foodstuffs in the market, everyone should brace up with this foolish and unthinkable action from the government. Hyperinflation loading! No sane government will print money in times like this! This country isn’t productive enough, this country doesn’t export much so what exactly are they printing money for? Na wa o! 1 Like |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by PAWG(m): 9:30pm On Apr 17, 2021 |
hisgrace090: All the money people are receiving in form of nyif and agric loans didn’t come from the air, it’s all part of the economic revamping process. COVID-19 dealt the world a big blow and Nigeria is no exception. 3 Likes 1 Share |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by maasoap(m): 9:30pm On Apr 17, 2021 |
SMBH: Lol. So, they could print trillion naira but Nigeria shouldn't print 60 billion naira. Your hypocrisy stinks to heaven. Nigeria economy is big enough for 60 billion naira to cause any disruption. In fact, I don't even know what impact 60 billion naira is going to make 2 Likes |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Britain4(m): 9:30pm On Apr 17, 2021 |
Exclusive101:Most you insult to make your point 2 Likes |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Golan007: 9:30pm On Apr 17, 2021 |
nomenclature:It is right in America, UK even our neighbour Ghana but it is wrong in Nigeria. |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Golan007: 9:31pm On Apr 17, 2021 |
MansoryMX: Sorry sir, but can you cut down on the noodles for kids? Those things have high salt content. |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by SimplePlan34: 9:31pm On Apr 17, 2021 |
You can only print money when u have a currency with high trade worth not to be confused with value of d currency. That's why d USA can print so much cos it's d defactor currency for trade. 2 Likes |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Timon4real(m): 9:31pm On Apr 17, 2021 |
I'm shocked at your reasoning. Please grow up Exclusive101: |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by jaxxy(m): 9:32pm On Apr 17, 2021 |
Osinbajo won’t talk about this he will be talking about things on the moon and planet Pluto. 1 Like |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by lonecatt(m): 9:32pm On Apr 17, 2021 |
PAWG:were you in sambisa forest when the finance minister denied it? |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Frankiss44(m): 9:35pm On Apr 17, 2021 |
Just yesterday the same guys that were bashing Obaseki that he lied are suddenly supporting the government that other countries did the same.. Ona mumu never do? |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Exclusive101: 9:35pm On Apr 17, 2021 |
The tribe he called clown are indeed clowns because you call others worse names. Princedapace: |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Enceladus(m): 9:35pm On Apr 17, 2021 |
Golan007: It is different bros. Uncontrolled seigniorage is different from the bailout. |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by MansoryMX(m): 9:36pm On Apr 17, 2021 |
Golan007: My brother I tire! I don talk tire but if my wife give them any other thing to take to school in the morning, they won’t eat it! It’s really getting on my nerves. What we normally do now is use spaghetti sometimes and chopped it like indomie with carrot, green beans, little seasoning and boiled egg. 5 Likes 2 Shares |
Re: Do Other Countries Print Money As Claimed By Emefiele? (Fact Check) by Jerryherd: 9:36pm On Apr 17, 2021 |
Timon4real: International transactions is done in dollars, so if you print naira and you want to buy a plane or a ship from China they won't accept your printed Naira, they would request for dollars, hence the major reason we borrow for projects 1 Like |
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