₦airaland Forum

MEEVEET:
4) suspend all unnecessary infrastructural projects... Just focus on education, health n maintaining roads

[/b]

But big infrastructure projects also stimulate the economy, I disagree with this point, infact its time for Mega projects that will help the economy

renythyly:
If they tell you that whoever won 2023 election would not have made any difference in our economy, call them liars!

The president of Argentina has massively reduced inflation from 3 digits to single digits in only 5 months!

Some moral lessons Nigerians can learn here
1. School is not scam
2. Tinubu is not a trained economist or accountant as he claimed during elections, he's either an intellectual imposter or most likely a huge fraud.
3. Economics is not rocket science, it is a real science that can only be practised by serious people if you want result.

Happy sunday

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/

To start with, you are way far behind in your understanding of the meaning of inflation.

Now, this man has already shut down many government ministries and defunded many institutions and I wonder if you'd be happy with Tinubu's elimination of thousands of jobs just to create fake economic stats.

Maybe Tinubu should learn the Art of eliminating thousands of jobs and call it good economics.

renythyly:
If they tell you that whoever won 2023 election would not have made any difference in our economy, call them liars!

The president of Argentina has massively reduced inflation from 3 digits to single digits in only 5 months!

Some moral lessons Nigerians can learn here
1. School is not scam
2. Tinubu is not a trained economist or accountant as he claimed during elections, he's either an intellectual imposter or most likely a huge fraud.
3. Economics is not rocket science, it is a real science that can only be practised by serious people if you want result.

Happy sunday

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/

Not about school . I don’t care about tinubu status as an illiterate drop out that couldn’t point at the school he attended his secondary but I worry more that he doesn’t have the common sense to employ technocrats who can do the job effortlessly

Op... seems your posts and intended analysis don't jibe. Better review it accordingly.

Difrent:
But big infrastructure projects also stimulate the economy, I disagree with this point, infact its time for Mega projects that will help the economy

Infrastructure doesn't stimulate economy... It doesn't

How has the Lagos Ibadan rail, Abuja Kaduna rail
Second niger bridge stimulated the economy

MEEVEET:
Infrastructure doesn't stimulate the economy... It doesn't

How has the Lagos Ibadan rail, Abuja Kaduna rail
Second niger bridge stimulated the economy

When you have hundreds of trucks stuck on bad roads and highways for days with significantly delayed deliveries that slows down market activities, manufacturing, and industrial production eventually raises the cost of goods and services.

Talking about Lagos Ibadan railway, we now have containers to travel via rail instead of getting stuck on bad roads with longer travel time.

For example, look at restaurants and eateries and how they deliver food to customers, with good infrastructures, food delivery people can make multiple trips and make more money instead of getting stuck in hellish traffic or on bad roads.

Infrastructure spending creates jobs and lifts people out of poverty.

lazkizz:
Bro .... pls let him school

master strategies


A.k.a I will , we shall , we would


Pls feel free to add ur own

Tinubu's aim was to wreck the economy and he have done pretty well on that. No wonder he said he'll continue from where Buhari stopped cos he knows pretty well that Buhari has destroyed the economy while him coming to bury it.

renythyly:
If they tell you that whoever won 2023 election would not have made any difference in our economy, call them liars!

The president of Argentina has massively reduced inflation from 3 digits to single digits in only 5 months!

Some moral lessons Nigerians can learn here
1. School is not scam
2. Tinubu is not a trained economist or accountant as he claimed during elections, he's either an intellectual imposter or most likely a huge fraud.
3. Economics is not rocket science, it is a real science that can only be practised by serious people if you want result.

Happy sunday

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/

Can't our government check and see what they have done and apply same here in Nigeria

Oghene86:
Can't our government check and see what they have done and apply same here in Nigeria

It's easy to say, if the Nigerian government did the same thing, I see you joining hundreds of thousands of people out in the streets protesting against the same thing.

Would you like your government to shut down ministries and eliminate tens of thousands of jobs including yours.?

Argentina people don't like what their government is doing, but you want your own government in Nigeria to do the same thing, which makes no sense.

idealogical:
When you have hundreds of trucks stuck on bad roads and highways for days with significantly delayed deliveries that slows down market activities, manufacturing, and industrial production eventually raises the cost of goods and services.

Talking about Lagos Ibadan railway, we now have containers to travel via rail instead of getting stuck on bad roads with longer travel time.

For example, look at restaurants and eateries and how they deliver food to customers, with good infrastructures, food delivery people can make multiple trips and make more money instead of getting stuck in hellish traffic or on bad roads.

Infrastructure spending creates jobs and lifts people out of poverty.

Infrastructure is not bad as long as you can afford it

Borrowing to build infrastructure that won't generate revenue is a death wish

MEEVEET:
Infrastructure is not bad as long as you can afford it

Borrowing to build infrastructure that won't generate revenue is a death wish

The 3rd MB is the busiest bridge in Nigeria and a major commercial and economic link between the mainland and business districts in ikoyi, VI, lekki, ajah and beyond with hundreds of thousands of cars going back and forth all day, this bridge alone moves hundreds of thousands of workers daily, without this bridge, business and commercial activities suffers in many locations around Lagos.


See, it's not tolled and it's not generating income, but It's indispensable, it's responsible for multi million or even bullion Naira economic activities daily..

Useless infrastructure are state funded religious centers, convention centers, and state funded and zero income generating breweries.

idealogical:
The 3rd MB is the busiest bridge in Nigeria and a major commercial and economic link between the mainland and business districts in ikoyi, VI, lekki, ajah and beyond with hundreds of thousands of cars going back and forth all day, this bridge alone moves hundreds of thousands of workers daily, without this bridge, business and commercial activities suffers in many locations around Lagos.


See, it's not tolled and it's not generating income, but It's indispensable, it's responsible for multi million or even bullion Naira economic activities daily

Yes it's important but it's a bad project to build when nigeria is in the present situation

Revenue is less than debt servicing... Ever loan u get should be geared towards revenue generating projects


When revenue excess recurrent and debt servicing then you can build infrastructure

Borrowing money to build what can't even pay back it's loan makes no economic sense

How hard is that

renythyly:
If they tell you that whoever won 2023 election would not have made any difference in our economy, call them liars!

The president of Argentina has massively reduced inflation from 3 digits to single digits in only 5 months!

Some moral lessons Nigerians can learn here
1. School is not scam
2. Tinubu is not a trained economist or accountant as he claimed during elections, he's either an intellectual imposter or most likely a huge fraud.
3. Economics is not rocket science, it is a real science that can only be practised by serious people if you want result.

Happy sunday

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/

No wonder the Otta farmer did well on the economy with thoroughbred, private sector focused capitalist Atiku by his side.
Unfortunately egomaniac Baba Iyabo foisted Buhari on us despite knowing how clueless he is on the economy.

How do people still see Obasanjo as a patriot, talk less of being an elder statesman

AllTheWayUp:
President Javier Milei of Argentina was sworn into office on 10 December 2023. He inherited a worse condition than Nigeria's.

But what he did to return his country to a place where investors are ‘starting to believe’ should serve as a lesson to Nigeria’s Bola Tinubu.

I read a recent report in the Reuters titled: Argentina’s market double down on Milei as investors ‘start to believe’.
I took a keen interest in reading the report because I know quite well that Argentina and Nigeria closed the last quarter of the year 2023 on a similar path of economic downturn.

In the case of Nigeria, a new government was installed at or about the middle of 2023, for Argentina, the new government came on board in December.

Both leaders inherited a disoriented economy, but both applied different measures to recovery.

President Javier Milei of Argentina was sworn into office on 10 December 2023. He inherited a worse condition than Nigeria's.

But what he did to return his country to a place where investors are ‘starting to believe’ should serve as a lesson to Nigeria’s Bola Tinubu.

Nigeria is where we are today simply because of what Tinubu has done or did not do.

His shifting the blame on the opposition and, even ridiculously, his predecessor is needless and myopic. Market forces don’t play politics. They respond to your actions and inactions.

President Milei’s major campaign promise was to re-position the Argentine economy after years of slow growth, high debt levels, triple-digit inflation (160% when he took over the Presidency in December 2023) and 40% poverty rate.

His first task was to begin implementing measures to achieve greater macroeconomic stability and promote higher global competitiveness.

He came into the office with a comprehensive stabilization plan, which seeks to implement far-reaching measures within the context of a market-oriented economy.

He started off cutting government expenditure by cutting the size of government and wastages; blocked stealing of government funds, and attracted Foreign Direct Investment (FDI) through concessions, tax holidays, and improved ease of doing business.

President Milei flies regular business class for all his travels and does not offer the presidential fleet of Argentina for his son’s birthday.

Likewise, there is no settlement for his hangers-on and political allies through unwieldy and burdensome appointments to public offices.

Argentina’s Milei did not build the largest government like Tinubu did at a time when our economy was and still on its knees.

The examples set by President Milei are the requirement of leadership in a time when the economy has begun to fail the expectations of the people.

The reforms so far implemented by the Tinubu administration are ad hoc and hurriedly put together without proper review. Ours is unlike Argentina’s Milei, who is sequencing his reforms.

President Milei anticipates the after-reform shocks and admits that things will be tough for the people. But he is fully prepared for the aftershocks and has in place mitigating pills.

He walks the talk. He makes sacrifices himself by giving up perks of office.

It is not business-as-usual for the presidency while the people are called upon to make sacrifices.

Argentina runs a lean government by reducing the number of ministries, privatizing nearly 40 state-owned enterprises, and reducing wasteful spending.

Conversely, Tinubu in Nigeria increased the number of ministers and ministries and is spending enormous resources renovating houses for himself, his deputy, and the first lady.

That is nothing short of Nero playing fiddle while Rome is on fire!

Worse still, Tinubu has refused to roll up his sleeves and do the work that he signed up for. Instead, he and his team are preoccupied with behaving like Napoleon and Squealer, characters in the satire book Animal Farm, who made it a state policy scapegoating Snowball (the opposition) for their own failures arising from their ill-advised policies.
grin grin grin

I am attracted to the reforms in Argentina because Javier Milei's stabilization plan bears a similar emblem with my Recover Nigeria Plan.

It is a plan that I am more than willing to disclose details of its workings with the current government in order to take Nigeria out of the depth of hunger and anger that we find ourselves.

The plan includes strategic steps we must take to recover the economy and make it stronger, dynamic, resilient, and competitive.

We had outlined plans to relax the fiscal constraints facing us to include:

• Improving Spending Efficiency and Blocking Leakages
• Saving money through:
a. A review of fiscal support for non-performing government enterprises and the privatization of those that can not sustain themselves.
b. Steps to improve spending efficiency through a gradual reduction in government recurrent expenditures, ensuring that those expenditures reflect higher levels of service delivery. Over the medium term, recurrent expenditures should not exceed 45% of the budget.
c. A review of government procurement processes to ensure high levels of transparency, competitiveness, and value-for-money and eliminate all leakages.

Unless, and until there are clear-cut policies and pathway to economic rejuvenation predicated on a leadership led sacrifice, there will be discontentment, especially among the youths, which may find expression in protests and for which it will be silly to continue to blame the opposition for. -AA

Atiku Abubakar

psucc:
Tinubu build Lagos and now to build Nigeria, cement come finished.

The presidency has exposed the kind of administration Tinubu ran in Lagos - tax, tax,tax

Now Sanwo-Olu has added demolition to the equation

The magic wand has been lost, that is why ThiefNuibu's cluelessness is now revealed in 7D movie.

MEEVEET:
The funny thing is this is easy to do very easy

All you need to do is to reduce lending interest from CBN to banks... To say 2% as long as they meet certain criteria

1) loan must be to the real sector import substitute produce and export produce

As long as product is produced below landing cost for import substitute and average internation price for export produe

2) reduce import duty for raw materials such as steel, fabric, grains, and chemicals

3) streamline export process and remove completely export duty

4) suspend all unnecessary infrastructural projects... Just focus on education, health n maintaining roads

It's not rocket science this is what Peter Obi has been saying since 2019

Was that when he was a member of PDP before wicked Wike chased him out to the communist labourers LP camp

Such a desperate, despicable gbajue Pandora fellow who unwittingly made ThiefNuibu realise his Emilokan dream to continue APC's chnage that has been nothing but enikanlomo shege for the past 9 years.

2023: PDP and politics of healing Wike’s self-inflicted injury2023: PDP and politics of healing Wike’s self-inflicted injury

The issue is the bruised ego of Nyesom Wike who feels so wronged he is said to constitute the reason the return of the PDP to power is hanging in the balance. Some other political parties’ leaders are wooing Wike to join them, turning him into a beautiful bride of a sort.

The electoral value and popularity of Wike are not in doubt. Twice, he won the guber election of Rivers, a swing state, by a landslide. In his second term, Wike subtly launched his presidential campaign by inviting many important Nigerians of all walks of life to commission his many completed projects in Rivers state. That way, he earned for himself, deservedly or not, the appellation, Mr Project.

While he hugged the klieg lights and the Nigerian public with the media blitz the hearts of many Nigerians were taking pictures. Apart from his early campaign, which may have been lost on Nigerians, Wike made conscious efforts to ensure that former president, Dr Goodluck Jonathan, remained out of the picture while at the same time chiding him publicly not to join the APC or the presidential race.

In a normal party democracy where party discipline works, it was Goodluck Jonathan’s right of first refusal to fly the PDP flag in 2023. Republicans in the US still look up to Trump. But the likes of Wike whose inordinate ambition to become President of Nigeria turned into huge elephants in the room, trashing and trampling everything on their path, will not allow democracy to take root in Nigeria. Even South Nigeria’s strategic interest and solidarity were nonissues to them. Wike is not alone; Bola Ahmed Tinubu can be seen as also rocking the nation’s democracy with his Muslim-Muslim ticket, which he wants to shove down the throats of Nigerians.

Like Wike, Tinubu said the APC ticket was his and it became his. Wike is saying the same but unlike Tinubu, the PDP ticket could not become Wike’s, and a man whose life ambition eluded him is deserving of public sympathy, and that is what Wike is getting in quantum with his house now like a political Mecca.

But let us leave Tinubu and his suicidal Muslim-Muslim ticket out of this, and focus on Wike whose sense of entitlement is at issue. To be fair to him, Wike’s sense of entitlement is somewhat justified. At one point, he was about the only man standing. He became the main opposition voice and took the bullets for the PDP. It was also the time he pushed in Ali Modu Sheriff, a dyed-in-the-wool former APC governor and senator from Borno, to become the PDP Ag National chairman. Sheriff nearly sank the PDP. Though he might mean well, it nonetheless spoke volumes about how rash the man, Wike, could be.

Wike travelled around the country, paying solidarity visits to the PDP governors who were in distress, and doled out millions in naira as interventions. He similarly visited Sokoto and Benue. He donated N500m to the Sokoto state govt. during a market fire disaster, and N200 million to Benue during one of their numerous Fulani herdsmen massacres. This show of solidarity was what endeared Wike to Gov Samuel Ortom and why Ortom wanted Wike as running mate to Atiku at all costs.

Wike has been a pillar of the PDP and therefore there the party most time since they lost power at the centre in 2015. But PDP has at least a dozen governors that Wike ought to share the burden of keeping the PDP afloat, which include Tambuwal and Ortom who Wike had had to help financially.

The PDP experience has shown there is no political party system in Nigeria in the real sense of the word. What obtains is just an iron law of oligarchy as enunciated in a political theory developed by the German-born Italian sociologist Robert Michels in his 1911 book, Political Parties. He asserted that rule by an elite, or oligarchy, is an “iron law” within any democratic polity, which translates to only a handful of men ruling.

In the political parties in Nigeria, members pay no dues and the party has wage bills for regular staff to pick up and keep the party running. Governors do not care unless there is something in there for them like offering bribes to railroad candidates they want to impose. This was the lacuna that Wike exploited in the PDP and turned into a huge political capital and blackmail tool. To Wike, therefore, the PDP presidential ticket was his for the asking.

Then, the race began in earnest for three years now, reaching a frenzy with the works of the two PDP committees on zoning. The first was the Gov Ifeanyi Ugwuanyi committee on the zoning of the PDP party offices. The Ugwuanyi committee quickly told the world the committee’s assignment did not cover zoning the office of the president. Though this was true, the question is: why didn’t the Ugwuanyi committee zone the PDP chairmanship to the North without aligning it to the divide that would produce the PDP presidential flag-bearer? The second committee headed by Gov Samuel Ortom of Benue state was specifically on the zoning of the presidential ticket and, with the votes of the representatives of all the 17 Southern states without any exception, the Committee unanimously recommended throwing open the PDP presidential ticket, which the PDP NEC simply upheld.

One thing irrefutably stands out – Wike shot himself in the leg. Here was a man who had an overarching influence on both committees but could not insist that the ticket be zoned South. Many had wondered why? The reason is also relatively in plain sight: the Southeast factor. As the clamour for zoning of the presidential ticket of the PDP to South reached its crescendo, many had pointed out the fact that though the PDP Constitution had prescribed zoning of the office of the president to be between North and South since the South-west and South-south had taken their turns in producing the president and the vice in this current dispensation in the persons of Olusegun Obasanjo and Goodluck Jonathan, zoning this time around, should not just be to the South but the Southeast.

Atiku Abubakar went a step further by offering to step down from the race if it would be agreed that the touted zoning to the South would mean micro-zoning to the Southeast. Wike and the rest could not take the Atiku challenge maybe because Atiku would likely back Peter Obi, who was his vice-presidential running mate in 2019 and an ally. The prospects of Peter Obi picking the ticket if PDP zoned South was so real compelling Wike to go for an open contest, believing he could pick it up ahead of Atiku, Tambuwal and Bala Mohammed, given his large war chest.

As it turned out, underestimating Atiku Abubakar, a veteran of many presidential elections dating back to 1993 and former Vice President Federal Republic of Nigeria, was a gross and fatal error of judgement. A day to the D-day, it was clear that Atiku would carry the day and the icing on the cake was his ultimate political sagacity in getting Gov Waziri Aminu Tambuwal, another front runner, to step down for him. This masterstroke, which only the grandmasters can pull off, happened within the last hours into the special convention and Wike had no chance of recovering from such a TKO.

Political gladiators like Wike trust in their chariots and mammon rather than in solidarity and social justice. Though it is said that politics is a complex game, Wike made the same mistake twice. One gathered that he was privy to the voting done by the committee shortlisting the 3 running mates. That action was blackmail against Atiku who was trying to avoid the mistake he made in 2019 in his selection of Peter Obi as running mate. What the committee should have done was give Atiku 3 names and highlight the strengths and weaknesses for each. But instead, they wanted to choose the running mate for Atiku, a role assigned to the presidential flag bearers by the electoral act.

Atiku chose Okowa instead of Wike and by doing so he averted a storm in his presidency should he win with the man as vice president. The Vice president is a subdued office and the occupier is supposed to be seen and not be heard, and in a presidential democracy, the VP is heard through his principal, the President of the country.

Wike, given this job description, though a good and popular man, cannot be a typical or good vice president; he is bound to rear up as another captain on the ship. Atiku averted it.

Atiku also averted the likelihood that Wike would depress the PDP votes in the core North and the Southeast. Wike had pushed certain policies that most northerners have interpreted as anti-north. He went further to tell the Igbos that he is not Igbo. These two factors are bound to crop up in the heat of the campaign and Atiku would find himself defending Wike with the valuable time he would use to sell his manifesto. Atiku’s best decision was therefore not picking Wike.

Unless that is the reason Wike desperately wants the presidency, the only real thing in the vice-presidency for somebody like him is immunity from trial while in office. While he is savouring his new status as the beautiful bride of Nigerian politics, he should equally accept responsibility for his fate. He lost the chance to fly the PDP flag when he worked against the South-East, renounced his Igbo ancestry, promoted anti-north policies and for his impolitic and alienating approach to politics. The injury he nurses, therefore, is self-inflicted for which he should blame nobody but himself.

https://www.thecable.ng/2023-pdp-and-politics-of-healing-wikes-self-inflicted-injury/

Bunkum....You guys just lie with reckless abandon...

WantsandMore:
Bunkum....You guys just lie with reckless abandon...

Is there an improvement in the inflation crisis or not, even from your own screenshot

MEEVEET:
Yes it's important but it's a bad project to build when nigeria is in the present situation

Revenue is less than debt servicing... Ever loan u get should be geared towards revenue generating projects


When revenue excess recurrent and debt servicing then you can build infrastructure

Borrowing money to build what can't even pay back it's loan makes no economic sense

How hard is that

Are you talking about any infrastructure in particular because you are going in circle with zero specifics.

You think the best way to go is to invest in education and healthcare, news flash, how do you invest in education without building schools and educational infrastructure to provide quality education?

How do you invest in healthcare without building hospitals and strong healthcare institutions? Are they not all infrastructures?

Btw, don't you need good roads and bridges to transport people or create access to education and healthcare?

You are defeating yourself with your own argument?

anonimi:
Is there an improvement in the inflation crisis or not, even from your own screenshot

with the misleading headline he opened the thread with, he just wants to put Nigeria in a negative light at all cost

WantsandMore:
with the misleading headline he opened the thread with, he just wants to put Nigeria in a negative light at all cost

So you suggest he amends the headline, which won't change the fact of the improved inflation situation in Argentina unlike the worsening crisis in our own country?

Will that satisfy you

idealogical:
Are you talking about any infrastructure in particular because you are going in circle with zero specifics.

You think the best way to go is to invest in education and healthcare, news flash, how do you invest in education without building schools and educational infrastructure to provide quality education?

How do you invest in healthcare without building hospitals and strong healthcare institutions? Are they not all infrastructures?

Btw, don't you need good roads and bridges to transport people or create access to education and healthcare?

You are defeating yourself with your own argument?

Between QUALITY infrastructure for education and quantity EMPLOYMENT of workers for the sectors, which is MORE important for STARTERS

do these guys read at all before commenting, cant they read the graph if they cant read the whole write up, the president of Argentina is bringing down inflation drastically from the graph. that graph is annually and not monthly. He brought down the rate from over 200% 2023 to 16% 2024. y are people blindly supporting their destruction. for those blindly supporting evil thats happening in the present system and saying nigeria will be fixed as if they are not feeling it, may your life be like nigeria after tinubu

idealogical:
Are you talking about any infrastructure in particular because you are going in circle with zero specifics.

You think the best way to go is to invest in education and healthcare, news flash, how do you invest in education without building schools and educational infrastructure to provide quality education?

How do you invest in healthcare without building hospitals and strong healthcare institutions? Are they not all infrastructures?

Btw, don't you need good roads and bridges to transport people or create access to education and healthcare?

You are defeating yourself with your own argument?

My first state ever on this is with respect to Nigerians present situation right now

We can't build any infrastructure without borrowing... So it makes no sense

So if you borrow money it should be 90% to banks to loan to industries at a cheaper rate to create more jobs we can tax to increase revenue

When revenue is up enough we then build infrastructure

If you don't get it now I don't know what to do

You did not give explanation for your thread ,you are just insulting your President,

This OP go school so?

renythyly:
If they tell you that whoever won 2023 election would not have made any difference in our economy, call them liars!

The president of Argentina has massively reduced inflation from 3 digits to single digits in only 5 months!

Some moral lessons Nigerians can learn here
1. School is not scam
2. Tinubu is not a trained economist or accountant as he claimed during elections, he's either an intellectual imposter or most likely a huge fraud.
3. Economics is not rocket science, it is a real science that can only be practised by serious people if you want result.

Happy sunday

https://www.reuters.com/world/americas/argentina-monthly-inflation-seen-back-single-digits-april-2024-05-13/

Go and return the certificate of whichever primary,secondary or fake tertiary school you graduated from because even without going to school,any person with a brain knows you cannot bring down inflation from 200% to 9% within years,talkless of 5months.
It's monthly inflation dropping by marginal percentage that you now conclude is the inflation dropping to such ridiculous rate.
You are a disgrace to schooling and commonsense.

idealogical:
It's easy to say, if the Nigerian government did the same thing, I see you joining hundreds of thousands of people out in the streets protesting against the same thing.

Would you like your government to shut down ministries and eliminate tens of thousands of jobs including yours.?

Argentina people don't like what their government is doing, but you want your own government in Nigeria to do the same thing, which makes no sense.

Go rest abeg what do you want the suffering or for the economy to work, I don't understand so you prefer we continue suffering, that's just 15,000 compared to millions,.I believe if the government checks very well they would see more than 100k ghost workers.

They should start from somewhere

seborrhic:
Go and return the certificate of whichever primary,secondary or fake tertiary school you graduated from because even without going to school,any person with a brain knows you cannot bring down inflation from 200% to 9% within years,talkless of 5months.
It's monthly inflation dropping by marginal percentage that you now conclude is the inflation dropping to such ridiculous rate.
You are a disgrace to schooling and commonsense.

I even tried to use style to make him realise his folly, but it still went over his head. He is very stubborn in ignorance. Even to drop inflation from 6% to around 3% in the US took years due to lagging effects of rate increase.