Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ - Politics (2)

Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ (22201 Views)

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Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by mencer(m): 8:23am On Aug 23, 2023

Money is scarce already baba don’t repeat same error

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by Abagworo(m): 8:24am On Aug 23, 2023

Back to Emefiele

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by saysoo: 8:24am On Aug 23, 2023

Islie:
.......FAAC shares N966.11b July revenue

https://thenationonlineng.net/govt-to-curb-rising-inflation-with-cut-in-money-supply/

Dancing around Emefiele policies. Push and start goverment.

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by Savedday2: 8:25am On Aug 23, 2023

Chai! These people don come again to finish the common man patapata!

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by mencer(m): 8:25am On Aug 23, 2023

Money is scarce already and people are struggling to survive pls don’t repeat same error

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by abibun: 8:25am On Aug 23, 2023

If APC believed Emiefele cut in money supply is to witch-hunt Tinubu, Tinubu's own now will be to witch hunt who?
APC is a party full of lies. They never see Emiefele's aim is to cut inflation rate down, but lied to their supporters that the policy is been targeted at Tinubu.

11 Likes 1 Share

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by ComptonGee: 8:26am On Aug 23, 2023

Hope this will not inflict suffering on the masses again

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by Akaegwu(m): 8:27am On Aug 23, 2023

I, Tunde, Kayode, Musa, Akpan, Okoro, preiye, Onoja wee arre Huunggrryyy. We are experiencing renew Shage. Tinubu please create our own section in Every state for voting you. We don't want to mingle with other Nigerians.

1 Like 1 Share

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by Dubetex96(m): 8:27am On Aug 23, 2023

I would like to borrow the words of his excellency peter Obi thus saying;

All this confusion everywhere i campaigned for the office of the president because I'm prepared and i can solve Nigeria problem

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by KwuoteYourFada: 8:27am On Aug 23, 2023

Islie:
.......FAAC shares N966.11b July revenue

https://thenationonlineng.net/govt-to-curb-rising-inflation-with-cut-in-money-supply/

Hoarding money to curb Inflation grin

Hahahaha

See tinubu technocrats o grin

Stupid clowns 🤡🤡🤡

5 Likes

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by shinealight(m): 8:27am On Aug 23, 2023

mrvitalis:
Like I said making a micro economist CBN governor and minister of finance is a tragedy waiting to happen

Buhari did same at least they were humble to accept they didn't know took time before taking decisions

Now we have a bad combination of arrogance and ignorant people as heads of our CBN and finance ministers

my solution
Cutting money supply would harm the already struggling businesses ...so what to so

Pump money into key manufacturing sectors as low interest loans 10% max give them 8 months before Tenure starts

Make sure they are in this two areas 1) import substitution products 2) exportable products produced at below international market price

This would marke goods available to match money supply dragging down inflation creating jobs and increasing revenue for government

Note when I mean pump in money I don't mean 50billion 😂😂

I mean 5 trillion minimum

Why don’t you wait till some looney sees the situation through your cloudy lens and appoints you to try out your theory?

3 Likes

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by NewDea4: 8:27am On Aug 23, 2023

Yet another idiot is here to play hit and miss with Nigeria economy

1 Like 1 Share

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by bravehost4u(m): 8:28am On Aug 23, 2023

mrvitalis:
Like I said making a micro economist CBN governor and minister of finance is a tragedy waiting to happen

Buhari did same at least they were humble to accept they didn't know took time before taking decisions

Now we have a bad combination of arrogance and ignorant peo upple as heads of our CBN and finance ministers

my solution
Cutting money supply would harm the already struggling businesses ...so what to so

Pump money into key manufacturing sectors as low interest loans 10% max give them 8 months before Tenure starts

Make sure they are in this two areas 1) import substitution products 2) exportable products produced at below international market price

This would marke goods available to match money supply dragging down inflation creating jobs and increasing revenue for government

Note when I mean pump in money I don't mean 50billion 😂😂

I mean 5 trillion minimum

You understand the trade-offs, you spoke like an Economist. Create incentives to drive over production especially of exportable goods and let production march the demand.

1 Like 1 Share

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by jumper524(m): 8:28am On Aug 23, 2023

fr3do:
Big head wey big like my own.

when a hammer is all what you have, everything will look like a nail.

The inflation, Nigeria is suffering from transcends an excess of money supply, it mainly involves the drop in production, manufacturing and agriculture.
Farmers cannot farm in peace, the economy is suffocating SME, FX is showing manufacturers shege.

how comes the value of naira to dollar improve drastically when Emefiele implemented the naira redesign?
There was shortage of cash then I'm sure.

1 Like

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by sterlingD(m): 8:29am On Aug 23, 2023*

Local man is astound

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by CodeTemplar: 8:29am On Aug 23, 2023

After demonizing emefiele they are copying his moves one after the other. Tinubu and his main men are ten times clueless than Buhari.

8 Likes

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by lomprico(m): 8:30am On Aug 23, 2023

Cluelessness everywhere

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by chloride6: 8:31am On Aug 23, 2023

How? CRR increase?

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by jumper524(m): 8:32am On Aug 23, 2023

abibun:
If APC believed Emiefele cut in money supply is to witch-hunt Tinubu, Tinubu's own now will be to witch hunt who?
APC is a party full of lies. They never see Emiefele's aim is to cut inflation rate down, but lied to their supporters that the policy is been targeted at Tinubu.

we all applauded Emefiele naira redesign at first, it was nay sayers who don't want anything good for the country that criticised it at first.
Our only complaint began when the supply of new notes were too limited that one can't even get the daily 5k limit from both ATM and POS. Your crew on the other hand started applauding the act when Nigerians were suffering from Emefiele incompetence.

2 Likes

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by Isyakuadamu(m): 8:32am On Aug 23, 2023

You guy is really an economist. Am convinced with your proposal

mrvitalis:
Like I said making a micro economist CBN governor and minister of finance is a tragedy waiting to happen

Buhari did same at least they were humble to accept they didn't know took time before taking decisions

Now we have a bad combination of arrogance and ignorant people as heads of our CBN and finance ministers

my solution
Cutting money supply would harm the already struggling businesses ...so what to so

Pump money into key manufacturing sectors as low interest loans 10% max give them 8 months before Tenure starts

Make sure they are in this two areas 1) import substitution products 2) exportable products produced at below international market price

This would marke goods available to match money supply dragging down inflation creating jobs and increasing revenue for government

Note when I mean pump in money I don't mean 50billion 😂😂

I mean 5 trillion minimum

1 Like

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by Savechild23: 8:32am On Aug 23, 2023

Nigeria is dead but we are spending more to make it feel alive

1 Like

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by shinealight(m): 8:33am On Aug 23, 2023

KwuoteYourFada:
Hoarding money to curb Inflation
Hahahaha

See tinubu technocrats o

Stupid clowns 🤡🤡🤡

Even in developed nations, that’s exactly the standard practice and economic wisdom being adopted. Check out what’s presently happening even in the UK!

1 Like

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by COMPAQ(m): 8:34am On Aug 23, 2023

mrvitalis:
Like I said making a micro economist CBN governor and minister of finance is a tragedy waiting to happen

Buhari did same at least they were humble to accept they didn't know took time before taking decisions

Now we have a bad combination of arrogance and ignorant people as heads of our CBN and finance ministers

my solution
Cutting money supply would harm the already struggling businesses ...so what to so

Pump money into key manufacturing sectors as low interest loans 10% max give them 8 months before Tenure starts

Make sure they are in this two areas 1) import substitution products 2) exportable products produced at below international market price

This would marke goods available to match money supply dragging down inflation creating jobs and increasing revenue for government

Note when I mean pump in money I don't mean 50billion 😂😂

I mean 5 trillion minimum

Cutting money supply will not harm serious business. The main reason we have inflation is due to the CBN ways and means monies of N20TRILLION+ that were shared in the name of TraderMoni, COVID palliatives, Elections, Farmers loans and many other CBN Intervention programs, not to mention those that went to absolutely nothing.

When money in circulation is being used for PRODUCTIVE activities, its not really a problem.

But when N20trl is floating around doing nothing, but just being spent on buying dollars buy those who stole it to keep abroad, what do you expect?

10 Likes 1 Share

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by mrvitalis(m): 8:34am On Aug 23, 2023

shinealight:
Why don’t you wait till some looney sees the situation through your cloudy lens and appoints you to try out your theory?

It's not my theory... I can't in good faith accept such appointment not now maybe when I get my PhD with 5 years post PhD experience

I'm not the power hungry mofos tinubu parades

9 Likes

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by shinealight(m): 8:37am On Aug 23, 2023

mrvitalis:
It's not my theory... I can't in good faith accept such appointment not now maybe when I get my PhD with 5 years post PhD experience

I'm not the power hungry mofos tinubu parades

Even in developed nations, that’s exactly the standard practice and convetional economic wisdom being adopted. Check out what’s presently happening even in the UK!

3 Likes 1 Share

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by mrvitalis(m): 8:37am On Aug 23, 2023

COMPAQ:
Cutting money supply will not harm serious business. The main reason we have inflation is due to the CBN ways and means monies of N20TRILLION+ that were shared in the name of TraderMoni, COVID palliatives, Elections, Farmers loans and many other CBN Intervention programs, not to mention those that went to absolutely nothing.

When money in circulation is being used for PRODUCTIVE activities, its not really a problem.

But when N20trl is floating around doing nothing, but just being spent on buying dollars buy those who stole it to keep abroad, what do you expect?

.cutting money supply would not harm serious business? Are you for real ? Which economic theory is that?

When you have 20 trillion floating around n have 133 million poor... U know it's time to ramp up production to meet 20 trillion

It's basic knowledge for anyone with basic macro economics knowledge

8 Likes

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by fr3do(m): 8:37am On Aug 23, 2023

Asgard73:
50 years of Yoruba in government unopposed.. Nigerian will be dragging with Eritrea..

When you see people repeating same mistake with all boldness and are ready to defend the same failure

Four years like this with this policy.. I only piety those in ekiti Oyo Ondo

Thank God the illegal government won’t survive

There are many competent leaders of Yoruba origin that can lead Nigeria well.
OBJ is a yoruba man, he did well, It is not about Yoruba, Tinubu is just bad product

4 Likes 2 Shares

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by Owaincouncil: 8:38am On Aug 23, 2023

But this same tinubu in one of his colloquium or kolomenta symposium advised buhari to print more money to curb inflation now.
This guy is getting confused I think

5 Likes 1 Share

Re: Wale Edun: FG To Curb Rising Inflation With ‘Cut In Money Supply’ by mrvitalis(m): 8:38am On Aug 23, 2023

Isyakuadamu:
You guy is really an economist. Am convinced with your proposal

I'm actually a mechanical engineer who took interest in macro economics as a side hobby

3 Likes

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