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Nairaland Forum / Nairaland / General / Politics / I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi (21280 Views)
12 Members Of The CBN’s Monetary Policy Committee (Full List) / Malami: I Can't Advice On Monetary Policy / Contractionary Monetary Policy Cannot Solve The Problem Of Inflation In Nigeria (2) (3) (4)
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Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by kingyakos: 10:46pm On Sep 05, 2022 |
Parachoko: CBN intervention yet we've never experienced such inflation and devalue of naira in Nigeria history...... will you just shut your rabbis mouth up and stand by the truth for once 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Arysexy(m): 10:47pm On Sep 05, 2022 |
Meanwhile Agbado economics fake first class Tinubu said " print more money" 1 Like 1 Share
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Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by fiizznation: 10:47pm On Sep 05, 2022 |
casualobserver:God bless you for this. Everyday, Mr Obi just exposes himself as a very clueless person. I won't be surprised if he actually doesn't understand what he even tweeted. Developing countries have no business in contracting their economy. It doesn't even make any sense. 9 Likes 2 Shares |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by NothingDoMe: 10:47pm On Sep 05, 2022 |
Chymummy89:Lol. If they save Eloswan they will still be accused of being a social media party |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by AfricanColumbus: 10:48pm On Sep 05, 2022 |
donsoronzo: Borrowing for debt servicing and certain types of infrastructure are consumption. Borrowing should be used for regenerative projects as cited by Peter Obi. 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by slivertongue: 10:48pm On Sep 05, 2022 |
Parachoko: You are doing talking for the sake of talking. Padding Naira with naira is what you call a policy? I repeat this govt is horrific 3 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 10:49pm On Sep 05, 2022 |
kingyakos:Most of you are just kids or you're not just intelligent or just choose to be Ignorant. In 1995, the inflation rate in Nigeria is more than 70% 7 Likes 2 Shares |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 10:50pm On Sep 05, 2022 |
slivertongue:Any Government that takes over will keep on intervening on behalf of the Naira. If they do not, Naira will collapse against the dollar. 5 Likes 1 Share |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Ovieemmanuel: 10:51pm On Sep 05, 2022 |
fiizznation:ok. We would try him. 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by bonnyhope: 10:53pm On Sep 05, 2022 |
GodsOwnMan: Ok 1st class material Pls outline your own strategies, let's see 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by gaby(m): 10:56pm On Sep 05, 2022 |
AfricanColumbus: I hope you guys understand that aside from the above checked boxes that insecurity is also an issue to be given a good deal of consideration and without which all of the above checked will remain an illusion. Just trying to get us all to be realistic. No be quarell 6 Likes 1 Share |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by ada9ja(f): 10:56pm On Sep 05, 2022 |
GodsOwnMan: 3rd class...kindly show me the result of ur deformed candidate. God no own u at all 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by sanpipita(m): 10:56pm On Sep 05, 2022 |
fiizznation: lol https://corporatefinanceinstitute.com/resources/knowledge/economics/contractionary-monetary-policy/ |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 10:56pm On Sep 05, 2022 |
kingyakos: I won't blame small boys like you In1995, the inflation rate was more than 70%, but yes,you wanna wail, so keep on wailing. 2 Likes 1 Share |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by DesignMaestro(m): 10:57pm On Sep 05, 2022 |
nlfpmod:It is true this man just speaks to impress his audience. How can you be speaking and be contradicting yourself? 1. You said you will adopt contractionary monetary policy thereby reducing money in circulation. This policy is adopted in an economy where inflation is caused by too much money in circulation. Example, increase in the purchasing power of the masses which leads to increase in demand and consequent increase in price of goods and services. It is a policy which is adopted in a period of economic prosperity (when people earn more money) in order to curb inflation. In our own case here, Nigeria is not producing enough for its consumption and people's purchasing power is low. The major cause of the current inflation is high cost of production/importation not a rise in demand. The obvious thing for a reasonable government is to encourage local production. Fix power issue, fix secury challenges and improve infrastructure; also make fund available for local farmers and SME's. 2. He stated that SME' s will be encouraged. How do you encourage them other than making fund easily accessible to them? With your contractionary monetary policy whereby interest rate is increased and lending is made more difficult, how do you encourage the survival of SME's? 6 Likes 2 Shares |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by ElSudani: 10:57pm On Sep 05, 2022 |
fiizznation: He is clueless. This is a guy who made 20 million dollars investment which is today only worth 5 million. I wouldn't let a guy like that run my company not to talk of my country. 6 Likes 2 Shares |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by sanpipita(m): 10:58pm On Sep 05, 2022 |
casualobserver: lol you think you know economics more than Peter Obi https://corporatefinanceinstitute.com/resources/knowledge/economics/contractionary-monetary-policy/ 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 10:58pm On Sep 05, 2022 |
Arysexy:Where did you think the US got money she gave to her citizens as bail out during Covid-19? Yea, they printed dollars. Even the EU had to print more euros and handed it out as bail out to her citizens and some EU countries. Most of you boys on Nairaland are foolish and just love wailing for wailing sake 4 Likes 2 Shares |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by ElSudani: 10:59pm On Sep 05, 2022 |
DesignMaestro: Dude doesn't know what he is talking about. He was trying to impress zombidients. 6 Likes 2 Shares |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by sanpipita(m): 11:00pm On Sep 05, 2022 |
People are talking about how the policy will make economic growth slower, is our economic fast growing today? his idea is to crash inflation and the policy gives the desired effect 4 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Wizmj4real(m): 11:00pm On Sep 05, 2022 |
rusher14: Economist what is Liquidity What's the role of supply and demand as a determinant of exchange rate Professor answer 4 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Nobody: 11:01pm On Sep 05, 2022 |
waw |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by rusher14: 11:01pm On Sep 05, 2022 |
Wizmj4real: After you've learnt to use punctuations. 1 Like 1 Share |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Johel(m): 11:02pm On Sep 05, 2022 |
1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by reddingtonblack: 11:03pm On Sep 05, 2022 |
SpecialAdviser: Talk is cheap, by the way peter obi "i will" "we will" is becoming stale, i think nigerians should be done with promises by now, GEJ promised us heaven & earth same as APC/Buhari where did that land us. Most of the solutions Peter Obi proffer are non tested solutions, just like someone reading from an economics textbook whereas nigeria problems are broad & terrestial, how about Peter Obi should tell us more about things he has done either as a governor or business mogul that if replicated will fix, these where Tinubh has more leverage cos he sells ideas/solutions that have worked for him 4 Likes 2 Shares |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by ikdaddy01(m): 11:04pm On Sep 05, 2022 |
And he signed it - PO. So you will know he wrote it. Not tomorow now he ll come to deny or delete it 3 Likes 1 Share |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by fredoooooo: 11:04pm On Sep 05, 2022 |
Oba ìrọ.. like the one you did in Alambra 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by DesignMaestro(m): 11:05pm On Sep 05, 2022 |
ElSudani:Honestly. He is just playing to the gallery. I think he is completely overwhelmed by the hype already 3 Likes 1 Share |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Georgejeez: 11:08pm On Sep 05, 2022 |
rusher14:you should be remanded in Prison for commiting Social media murder |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by onuman: 11:09pm On Sep 05, 2022 |
GodsOwnMan: Chicago certificate man, Tinubu, had no formal education at primary and secondary schools levels before he hoodwinked Chicago University to enrol to obtain a University degree. Atiku never saw the four walls of a University as a young man but obtained bogus higher university degrees online. 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Daniety(m): 11:11pm On Sep 05, 2022 |
NaijaRoyalty:Big Grammar will not ever finished the seasons is already we will hear a lot of grammars |
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