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Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 - Politics (4) - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 (12356 Views)

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Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Yamleg: 7:26pm On Feb 23, 2024
tunddy:
I think ur partner doesn't attract you again so go and carry olosho, you will get over it within sometime
Thank you
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Metrofox(m): 8:14pm On Feb 23, 2024
WhiteWood:
Good News!! It's uplifting to see positive developments emerging in Nigeria. Kudos to BAT.
Go school this one no gree grin
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by WhiteWood: 9:12pm On Feb 23, 2024
Metrofox:
Go school this one no gree grin
You bag of trash Akpu and bottle seller, lol
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by IamAtikulate: 9:15pm On Feb 23, 2024
Putinofrussia:
That is because they are mostly more educated than you are..


Effect of Money Supply on the Economy.

An increase in the supply of money typically lowers interest rates, which in turn, generates more investment and puts more money in the hands of consumers, thereby stimulating spending. Businesses respond by ordering more raw materials and increasing production. The increased business activity raises the demand for labor.

The opposite can occur if the money supply falls or when its growth rate declines. Banks lend less, businesses put off new projects, and consumer demand for home mortgages and car loans declines.
This one don go copy Economics text book.

increasing Ms stimulates spending which exerts inflationary pressure on the economy, consequently leading to demand-pulled inflation. It's a pity that Economics textbook you copied didn't tell you that.
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by ogbonti: 9:37pm On Feb 23, 2024
Nyouth:
how
ways n means --- ozuor
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Tochi360: 9:51pm On Feb 23, 2024
Make una stop all this plenty calculations na,una know se my head no get power for statistics embarassed embarassed

se fe da ori mi ru ni embarassed e wo tu ni maths ninu nko tan so bayi embarassed embarassed

Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by goodman023: 12:03am On Feb 24, 2024
merits:
Yes I can even buy you and your generation join seff.It won't cost me more than one BTC.
I agree. But please don’t do that.. or can u really do that?
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Metrofox(m): 2:24am On Feb 24, 2024
WhiteWood:
You bag of trash Akpu and bottle seller, lol
grin sorry na education wey you no get lol. No be your fault
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by WhiteWood: 4:18am On Feb 24, 2024
Metrofox:
grin sorry na education wey you no get lol. No be your fault
Is your mother still on a 95% discount on 20 bucks?? tell her to keep it tidy (you know what I mean, right?) this time around, because I won't be using my fingers like the last visit to her booth. Last time I checked, I had a sensitive foot and I'll be using my foot. lol
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by WhiteWood: 4:30am On Feb 24, 2024
RingRoadCartel:
Illiterate say na good news
Is your mother still on a 97% discount on 10 bucks?? tell her to keep it tidy (you know what I mean, right?) this time around, I won't be using my fingers, I'll be using my foot!!! GAD, she stinks to high heavens. Last time, I discovered, a part of her labia was so gored, it looked like she cooked it in a microwave. Damnnnnn -oh-oh
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Came4amod: 4:47am On Feb 24, 2024
ArewaNorth:
https://nairametrics.com/2024/02/22/nigerias-money-supply-hits-new-all-time-high-of-n93-72-trillion-in-january-2024/
All they need to do is gather all the people doing money glitch ..or else .. we are on a downward spiral ..but fact is the money glitch people are already too strong .. so strict measure has to be taken against them ... Those who have vowed to keep stealing from the economy and the people should be killed .. because they will still end up getting everyone killed one-day .. see how unsafe the country has become in resent times .. even your gateman or police man can kidnap so .. it's better for strict measure example revolution .. or someone who is a big fear figure .. like an empro with someone lik e me as his adviser .. a lot of people will be killed sha oo .. because we will hunt only the blue collar fraud guys .. they are the real treat .... And all markets will be regulated and price fixers will also be killed ..

Inshort .. those benefiting from the downfall of Nigeria should never be allowed to go scot free .. without any prejudice.. clear cut estimation and analysis of these Individuals will send shock down the spine of aspirin blue collar fruadstars ..
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Ekugbeh(m): 8:25am On Feb 24, 2024
WhiteWood:
Good News!! It's uplifting to see positive developments emerging in Nigeria. Kudos to BAT.
🤣🤣🤣 all these Batists sef.
Do you know what you just read, that's the reason for inflation múmú😂
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by 4Play(m): 8:58am On Feb 24, 2024
IamAtikulate:
This one don go copy Economics text book.

increasing Ms stimulates spending which exerts inflationary pressure on the economy, consequently leading to demand-pulled inflation. It's a pity that Economics textbook you copied didn't tell you that.
If they wanted to know what are the key drivers of inflation and Naira depreciation, this money supply growth is one of the major causes.

Here is what an article on hyperinflation has to say about a characteristic of this phenomenon:

By and large, these episodes all occurred because of a rapid (or accelerating) increase in the supply of money that wasn't matched by a corresponding increase in goods and services.
https://www.washingtonpost.com/news/wonk/wp/2012/08/21/great-hyperinflation-episodes-in-history-and-what-they-tell-us-about-the-fed/

Production of goods and services, nor the availability of the dollar, hasn't suddenly increased in Nigeria so this money supply growth has to be "accommodated" through higher prices for the same goods and services and for the dollar (lower naira value).
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by WhiteWood: 9:14am On Feb 24, 2024
Ekugbeh:
🤣🤣🤣 all these Batists sef.
Do you know what you just read, that's the reason for inflation múmú😂
E pain you, Abi? by the way -- Is your mother still on a 97% discount on 10 bucks?? tell her to keep it tidy (you know what I mean, right?) this time around, I won't be using my fingers, I'll be using my foot!!! GAD, she stinks to high heavens. Last time, I discovered, a part of her labia was so gored, it looked like she cooked it in a microwave. Damnnnnn -oh-oh
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Ekugbeh(m): 10:37am On Feb 24, 2024
WhiteWood:
E pain you, Abi? by the way -- Is your mother still on a 97% discount on 10 bucks?? tell her to keep it tidy (you know what I mean, right?) this time around, I won't be using my fingers, I'll be using my foot!!! GAD, she stinks to high heavens. Last time, I discovered, a part of her labia was so gored, it looked like she cooked it in a microwave. Damnnnnn -oh-oh
you've nothing to say just stfu
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by fxexperts: 11:45am On Feb 24, 2024
WhiteWood:
Good News!! It's uplifting to see positive developments emerging in Nigeria. Kudos to BAT.
I dont know if these fools like sense. ogbeni you just read in the op post above is nothing but bad news, which is the reason for the decline in the value of naira. and you have the guts to rejoice. Ladies and gentlemen we are only engaging senseless agbadorians. no agbadorian have sense, and they dont read as well.


oluwaseyi0:
93 trillion in circulation is recipe for disaster
Exactly. i don't know if these people are dumb or what. even before this news came out, i have been shouting it on this forum that these useless government have been printing money recklessly. A soothsayer is not required to know that, yet i do not know why most Nigeria were busy chasing shadows f how we are importing everything, have we not been importing everything before this useless APC government came into existence, why was the Naira not jumping up like this befre now. It amaze me how those Agbado people were busy shifting blames.

descarado:
More inflation.
What is wrong with these people.
Don't they have economists around them?
Same question that has always been on my head, all this while.
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by fxexperts: 11:47am On Feb 24, 2024
Nyouth:
how
If you read what the Op wrote above the you are still asking that guy how, then Otilo.
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Dybala11(m): 12:01pm On Feb 24, 2024
WhiteWood:
Good News!! It's uplifting to see positive developments emerging in Nigeria. Kudos to BAT.
This comment is either an electronic ordinary sarcastic remark or written based on your ignorance. Do you even know the implication of this type of occurrence on the people and the economy?
It's the first recipe for super inflation. Say na Kudus to BAT, yeye dey smell.
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Xylon: 3:36pm On Feb 24, 2024
Yamleg:
Please my libido is dead. How do I revive it?
Thanks all.
Wetin concern this thread join your libido?? angry
Re: Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 by Metrofox(m): 5:41pm On Feb 24, 2024
WhiteWood:
Is your mother still on a 95% discount on 20 bucks?? tell her to keep it tidy (you know what I mean, right?) this time around, because I won't be using my fingers like the last visit to her booth. Last time I checked, I had a sensitive foot and I'll be using my foot. lol
grin speaking exactly like where he was brought up.
The gutters
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