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Nairaland Forum / Nairaland / General / Politics / I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi (21311 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 bhella10: 10:28am On Sep 06, 2022 |
ExudeLoveToAll:Your likes introduced bigotry the moment Tinubu declared to run. We all know what transpired in October 2020. Nuff said 2 Likes 1 Share |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by ExudeLoveToAll: 10:31am On Sep 06, 2022 |
bhella10: Why not run a background check bon me, you don't throw tantrums on any one you see on the street. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Nobody: 10:32am On Sep 06, 2022 |
tonyuny12:I m not interested in dragging anything with you but let Obi and Tinubu face themselves at the poll 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Nobody: 10:36am On Sep 06, 2022 |
dirtydiva: That's what I'm looking forward to... Thanks for your understanding 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Brimstone77: 10:40am On Sep 06, 2022 |
jerseyboy:... Tinubu urchins only understand agbado and corn phenomenal.. 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 10:44am On Sep 06, 2022 |
kingyakos:Gibberish by a lowlife Nah everybody dey get money on top Nairaland I know you're a struggling fool. You're too daft to be rich. kingyakos:You talk like a lowlife, you're too daft to have even up to 10k in your account right now. Look at the nonsense you wrote above, only an Ignorant lowlife can speak like this. If I tell you inflation rate in Turkey is presently close to 80%, instead of making research, you go argue with me like a lowlife you are. You're too dumb, if not, you won't keep on insisting Nigeria inflation rate has never been higher than what it is now. Common sense is far from you 1 Like 2 Shares |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by toneroforever(m): 10:54am On Sep 06, 2022 |
fiizznation: Now compare Obi's views to Tinubu who said that more money should be printed as a solution to the economic challenges we face presently. Which of the two do u think hold the answer to this problem. U be the judge. 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by kingyakos: 11:03am On Sep 06, 2022 |
Parachoko: Like i said earlier your dimension of thought is same with that of a pig. Illiterate illegitimate daft, you've internet within you, still u can't research to study and learn by yourself instead u come up here with frame up info just to score chip point for your speaking in tongues presidential candidate. You're very stupid. Send me your account details make i wire u aza, i wan prove who i be to u. Idiot 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Brimstone77: 11:03am On Sep 06, 2022 |
fiizznation:.... What have your agbado master learnt from France since he has been traveling there?? At least obi learnt something from his US trip.. 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by adekolaelect(m): 11:11am On Sep 06, 2022 |
slivertongue:It will still add more hardship to the poor. We are not a producing nation our demand will still be on the high side for Dollars bcs we depend on foriegh product to the level of Toothpicks . The only way out to control our economy is to find ways of reducing importation by investing or declare state of emergency on Agriculture which Tinubu manifestoes has addressed . 3 Likes 1 Share |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 11:11am On Sep 06, 2022 |
kingyakos:The most dumbest person on Nairaland who is saying inflation rate in Nigeria have never been this high You must have inherited your Ignorance and foolishness from your dad kingyakos:You're so dumb and Ignorant The inflation rate in Nigeria in 2005 is higher than what it is now but a shallow boy like you who does not know will keep on arguing like the lowlife you are 1 Like 2 Shares |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Matthew2925(m): 11:12am On Sep 06, 2022 |
Nice one Sir but hope all these philosophies and ideas are tenable. |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by kingyakos: 11:19am On Sep 06, 2022 |
Parachoko: Satan punish ur mama wey still dey waka ashawo to feed you. Internet is here to tell you that there's no time in history that Nigeria inflation rate hit 70%. Do you even know what it means for a country's inflation to hit 70%. Send me your account details |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Chymummy89: 11:23am On Sep 06, 2022 |
tioyoung:Na ur GF |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Chymummy89: 11:23am On Sep 06, 2022 |
tioyoung:Na ur GF |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Dmony: 11:24am On Sep 06, 2022 |
jerseyboy:Flutterwave head office is situated in Lagos and it is so because some people made the environment enabled for such business to thrive, why using Lagos as his battle field and not Anambra...Something is definitely not right with this PO mantra 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by sanpipita(m): 11:25am On Sep 06, 2022 |
DesignMaestro: Contractionary policy isn't only thing Peter Obi has talked about, I'm sure you have heard him talk about improving power supply and moving us from consumption to production this go in line with main issues you pointed out, go through his thread there's more than contractionary policy he talked about. 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Cyberterror: 11:26am On Sep 06, 2022 |
Peter Obituary and his demented theories. And his illiterate supporters will think he said something sensible because he used a confusing word like contractionary. 2 Likes 1 Share |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by yemmit90: 11:27am On Sep 06, 2022 |
bigpicture001: This analysis is still the same thing the current governments are doing. If you check your Third paragraph, you will see that it the same argument that forced government to ban the importation of some products and subsequently closed some borders. The forth paragraph does not even make sense, it portraits federal governments as business venture. Why would other aims of governments earn in dollar when it totally subordinate to federal government that control foreign trade? The influx of dollars as a control measure as it being done by previous governments won't solve anything, it would only give room to more arbitration and holding. One thing is certain, governments and cbn officials are also into this arbitration, hence their reluctant to provide fundamental solution to this problem. Things would've not bad/expensive like this if importer are able to import at official rate of 416/$. Why must you source for dollars before you send money abroad or do business. Cbn need to provide a simple platform or app where every one can easily convert naira to dollar at official rate and send to any destination in the world. By this method, dollars would be virtually surplus and accessible. This is the only way to kill BDC business, not a mere arrest/intimidation that has never work anywhere in Nigeria. 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by kcbaba007: 11:33am On Sep 06, 2022 |
GodsOwnMan: Your pain over OBI's matter will kill you, his intelligence will give you heart attack You better repent and become OBIdient, cause it's better than sacrifice 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by UgosinaChi(m): 11:34am On Sep 06, 2022 |
1) rework the policies that enable growth of small and medium enterprises. 2)stop borrowing for consumption but for production 3)make loans for startups easily accessible 4)contractionary policy... Meaning fighting inflation by limiting the amount of money in circulation in the economy. Sound economic policies KillSars: 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by kcbaba007: 11:35am On Sep 06, 2022 |
jerseyboy: Because you are a numb skulled entity, how would you understand what he just said..... Pain for OBI's matter will kill you.... Cassava agbadorian 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Everlastingson: 11:47am On Sep 06, 2022 |
fiizznation: Whatever you wish Nigerians will come upon you soon. Evil being you are . Obi studied at Harvard you blind bat. 1 Like |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by bigpicture001: 11:49am On Sep 06, 2022 |
yemmit90: You did not read all whaat I wrote.... Who and where is implementing all I wrote...? U don't even know what ur saying... U hate BDC aand u don't want to hear anything aside. Killing it |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 12:02pm On Sep 06, 2022 |
kingyakos:You're the most foolish and most Ignorant person I have come across on Nairaland Showing how foolish and Ignorant you're with your full chest In 1992, the inflation rate in Nigeria was 54%, in 1993 and 1994 it was 57% in 1995 it rose to 74% and drop to 29% in 1996 Do not get me wrong, I know youu inherited your foolishness from your papa, so I am not blaming you. Presently in Turkey, the inflation rate is close to 80%, but you are so foolish and you won't accept it is close to that figure. I will keep on showing you how foolish and Ignorant you are on this thread |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 12:06pm On Sep 06, 2022 |
kingyakos:Shut up Dumbo You're so daft, that's why you keep on arguing blindly Inflation rate in Turkey is presently above 70%, but a lowlife like you will argue such a thing is not possible You wey no sabi anything about inflation dey ask for my account details, you wey still dey depend on your papa meagre wage |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by kingyakos: 12:22pm On Sep 06, 2022 |
Parachoko: Nitwit, foolish pig. You were talking about nigeria inflation in 2005 hitting 70% when i disagree with you, now you've shift the goal post to turkey. Dey go fu**ck ur mama tear nyash today |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Abemy(m): 12:26pm On Sep 06, 2022 |
kingyakos: Esseite: You are absolutely correct. But in terms of security, obi should not be open on how to tackle it especially in the North, remember insecurity is a cash cow for some northern elites, any candidate suspected to have what it takes to stop insecurity in that region will be thwarted at the polls. 2 Likes |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 12:50pm On Sep 06, 2022 |
kingyakos:How can you be this foolish and stupid? There is no where in my post I told you inflation hit 70% in 2005, stop lying pig. You're insisting there is no time inflation rate has been more than what it is now, and I gave you examples of when Inflation rate has been more than what it is now . I told you in 2005 inflation rate was 17%, kingyakos:You're so shallow, you don't want to accept inflation can get up to 70%, so I use Turkey as an example, Turkey inflation rate is presently close to 80%. In 1996 the inflation rate in Nigeria is about 26% I just love showing lowlifes like you how foolish they are once in a while, that's why am still engaging you. You're a hungry lowlife and am glad to show you how empty and foolish you are.
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Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 1:00pm On Sep 06, 2022 |
kingyakos:See the fool wey no sabi anything dey claim inflation rate in 1996 was 12.76% I will be waiting for you to show me where i said inflation is 70% in 2005 dumbo You must be thinking I am as shallow as you are |
Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by kingyakos: 1:05pm On Sep 06, 2022 |
Parachoko: Abi it wasn't u that said it, it was ur papa dat said it and ur ashawo mama type am
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Re: I Will Use A Contractionary Monetary Policy To Fight Inflation - Peter Obi by Parachoko: 1:08pm On Sep 06, 2022 |
kingyakos:You're so lucky I am willing to cure you from your foolish ignorance this afternoon https://www.worlddata.info/africa/nigeria/inflation-rates.php#:~:text=The%20inflation%20rate%20for%20consumer,the%20price%20increase%20was%20566%2C918.02%20%25. Arrogant and unintelligent pigs like you too full Nairaland. Lowlifes claiming to be what they are not Click on the link and cure yourself from your ignorance.
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