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Nairaland Forum / Nairaland / General / Politics / I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi (21310 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 tishbite42: 11:33pm On Sep 05, 2022 |
BurialGround:Atin na Tinubu talk dis nonsense during Corona period |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Emmacolinho(m): 11:36pm On Sep 05, 2022 |
Chymummy89:madamu we are not joking here |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by SpecialAdviser(m): 11:36pm On Sep 05, 2022 |
reddingtonblack:When will your candidate tell us how he will handle economy? |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by SpecialAdviser(m): 11:37pm On Sep 05, 2022 |
casualobserver:Are you the one contesting? When will your candidate grant interview? Eeeh Mr Noah? |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by casualobserver: 11:37pm On Sep 05, 2022 |
sanpipita: You really are daft. Its amazing how idiots with their own hands provide the evidence to convict themselves!!!! 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 11:38pm On Sep 05, 2022 |
vicshub:You're the most foolish person on Nairaland For you to be asking me this kind of questions shows how shallow you are You have no idea of this issue you want to engage yourself in. You're so dumb and shallow, this issue you're engaging yourself in, is beyond your capacity. I won't be wasting my time with you again because I can't believe a sane person will be asking this kind of questions Please go and sleep Ask your father tomorrow why inflation was that high under Abacha, in 1993 and 1994, inflation was above 50%. 1 Like 1 Share |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by macrodata(m): 11:41pm On Sep 05, 2022 |
GodsOwnMan:Let's see your candidate's primary school cert. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by casualobserver: 11:41pm On Sep 05, 2022 |
vicshub: Sometimes if a subject is above your pay grade, just keep quiet. It’s not everything you missy comment on. This is economics not BBNaija or Nollywood!!! 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by awuri4: 11:42pm On Sep 05, 2022 |
Your mama smelling toto is 3rd grade. GodsOwnMan: |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by yemmit90: 11:46pm On Sep 05, 2022 |
manutdrichie: Do you even understand what Obi is saying at all? I am not against him or have any prefer candidate, but Obi says nothing new or remarkable in his statements. Dollar has always been functioning on the basis of demand and supply, and the government has always claims to create enable environment for foreign investors, so what is new here that other candidates has never said before? It is quite obvious that the old method could still continue even if Obi win next year election. Until we find a way to make dollar unattractive to arbitration, there is no way the forces of demand and supply or overall economy will solve the problems. 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by bigpicture001: 11:47pm On Sep 05, 2022 |
Everything he said is good. Except for the allowing the market forces determine the exchange rate.... If that happens the dollar will immidaitely exchange for. 4k naira We have to first increase our forex supply first.... If much forex don't enter the economy.. den the demand side will outweigh the supply side of the forex and naira will crash... I mean crash heavily 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by grandstar(m): 11:47pm On Sep 05, 2022 |
Parachoko: You are completely wrong! What Peter Obi said is the plain truth. That's what we've been using for years and it served the country very well until Buhari started dictating it Let me see if you support Peter Obi or not. If you were sent $1,000 today, where will you change it: at the official rate of ₦425 or at the parallel rate of ₦700? |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Wisetrue99: 11:48pm On Sep 05, 2022 |
NaijaRoyalty:Suddenly Obasanjo is looking younger again Obasanjo too na youth |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Rumobaba: 11:49pm On Sep 05, 2022 |
Nothing works in every economic policy, if there is no ethics and morals in a particular group and this was clearly stated in basic micro and macro Economics written by Oyibo man. There is no ethic and morals in every Nigerian Household, primary level, secondary level,universities, all the arms of Government, private businesses etc.... But still politicians come with Oyibo policies that can only work were there is ethics and morals and expect it to work in Naija.... Buhari is not good at all, but He brought the best policy......Change begin with me..... But we all thought it was a slogan..... Our problem is that we want to wake up tomorrow morning and see that Nigeria is just as the same as the western World.. DREAMER |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by bigpicture001: 11:49pm On Sep 05, 2022 |
yemmit90: He. May implement the policies of. The ex economic colounist... Bayo... Of lesleba.. ( save the naira, save Nigeria) His will work |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by GodsOwnMan: 11:50pm On Sep 05, 2022 |
jamace: Here is my claim: Peter Peter Obi has ZERO degrees in economics. Prove me wrong. 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Flame77: 11:50pm On Sep 05, 2022 |
Esseite: Excellent question. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by jamace(m): 11:52pm On Sep 05, 2022 |
GodsOwnMan:Nonsense. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 11:53pm On Sep 05, 2022 |
grandstar:Do some of you guys have sense at all on this forum? I no even understand what you're talking about. slivertongue:See the comment I replied to... Wetin concern your comment with the comment I am replying to? What's the correlation between your comment and my comment? Have the Govt. not try this before under Buhari? If the Government let the exchange rate to be determine by the forces of demand and supply, the Naira will totally collapse. Some of you are just so shallow and your comments irritate me. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by LAFOCUZY: 11:55pm On Sep 05, 2022 |
fiizznation: Stop the grammer. Which has the country ever implemented. Which original have they invented tailored to our need. Which has worked Dubai, China, South Korea, Singapore , Malaysia etc all copied the west and have gone ahead. It's intelligence to know how to copy good stuff, learn from others and implement. It's horrible when you can't copy your owe name even when spelt for you and placed before you...all you need is just copy it and select paste with destination format Past government driven by these old men have been unable to simply copy good policies, ideas, innovation etc from other countries and simply paste it on the country. Why reinvent the wheel, when it turns perfectly well and you can see it. But these leaders who have seen this for years have been unable to copy it. Horrible |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 11:55pm On Sep 05, 2022 |
grandstar:What have we been using for years before Buhari started dictating? I find it so hard to even understand what you're talking about Is not compulsory to comment on every thread |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by bigpicture001: 11:56pm On Sep 05, 2022 |
[quote author=PJ123 post=116393343][/quote] U say our inflation isn't caused by too much access to money or my h money in circulation..? Where did or how easy did all the millions of POS operators get thier capital.. In in hundreds of thousands... Do u know online loan firm's giv out hundreds of millions of dollars..? |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by sanpipita(m): 11:58pm On Sep 05, 2022 |
DesignMaestro: Expansionary monetary policy is what Buhari has been doing, that's why our inflation is high and currency value low, expansionary monetary policy you talk about will increase inflation, where is the purchasing power to handle an inflated economy, if we want to fight inflation contractionary policy is the way, many economists agree to this 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by ExudeLoveToAll: 11:59pm On Sep 05, 2022 |
KillSars: Hahahaha, my rib....... Nairaland is Savage. You guys will not make heaven. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by sanpipita(m): 12:00am On Sep 06, 2022 |
casualobserver: Insults, do you realize for 7 years now Nigeria has been running on expansionary monetary policies and look at the results, do some research Peter Obi is spot on 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by yemmit90: 12:02am On Sep 06, 2022 |
bigpicture001: Could you please explain this better sir. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by ExudeLoveToAll: 12:02am On Sep 06, 2022 |
GodsOwnMan: How did you know he doesn't know what is up there ? Wait a minute, it seems you are lost. Just get someone to expatriate. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by ExudeLoveToAll: 12:07am On Sep 06, 2022 |
jerseyboy: You hope it was said by your preferred candidate. Nigerians are difficult, someone puts up an interesting issue up there instead of you to accept or counter with a better viewz you put up @ bolded. I have come to realize that most Nigerians don't want the status quo to change. Pathetic. 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Musauzor(m): 12:12am On Sep 06, 2022 |
Journalist: APC candidate, please,sir, could you tell us how you will curb unemployment in the country? Tinubu: When I become president, I will fight unemployment by recruiting 50 million Nigerian youths into the army and be feeding them with agbado, cassava, ewa, that's what they will eat. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by vicshub(m): 12:14am On Sep 06, 2022 |
casualobserver:exactly. Keep quiet �. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by J0r0hh: 12:14am On Sep 06, 2022 |
ike007:What did u even understand by what he stated? How do you even want to change the economy, when there is no light, no roads... And you are soeaking english |
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