₦airaland Forum

Difrent:
I've said it times without number that theres been no empire that lasted forever that the US crumbling empire will eventually collapse

Amen. It will

dederocs:
Seems your IQ is very low, anyone who have an idea of how economics work and understand balance of payments will understand how to increase the value of currency.

Read my previous post clearly, or go learn basic economics, I thought I was talking to a smart person.

You are not smart at all
You are just an armchair critic that don't know their left from right.
Our balance of payments is increasing and dollars is finding it's feet
But people like you wants an artificial value for the dollars
We've followed your advice and it got us here
Allow reforms work, before critcism and it takes time for reforms to work.....

[quote author=Difrent post=134884416]You are not smart at all
You are just an armchair critic that don't know their left from right.
Our balance of payments is increasing and dollars is finding it's feet
But people like you wants an artificial value for the dollars
We've followed your advice and it got us here
Allow reforms work, before critcism and it takes time for reforms to work..... [/quote/

Completely off point from my premise, go to the first post you mentioned me and read what I wrote you will see you are talking gibberish..

Go to primary school and learn to comprehend. Fool...most of you are very dumb swallowing and divulging what you hear the politicians say on TV with no clue or idea of the principles behind what you are discussing on.

What you wrote up there has no correlation with what you responded to zombie. Don't mention me if you have the IQ of a primary school pupil.

dederocs:
You are a fool

Same to you

At last you have unraveled

I know it, I was talking with an idiot who thinks they can only pass their messages with insults. I wont wrestle in the mud with you cos that's your natural habitat and you will use experience to beat me

Stilloracle:
"Countries that go against the U.S. (e.g., Iran, North Korea, Venezuela) often get hit with sanctions and financial restrictions that cripple their economies."


Now imagine the whole European Union. Asia and Middle East and Africa

US WONT SURVIVE.
US cant fight everyone at once and win

Those nations can't be united against the US, the US is a necessary evil to the world. 80% of innovations and research shaping the world goes on there , it's not fluke. Their military industrial complex can't be wished away, it is what it is.

Stilloracle:
"Countries that go against the U.S. (e.g., Iran, North Korea, Venezuela) often get hit with sanctions and financial restrictions that cripple their economies."


Now imagine the whole European Union. Asia and Middle East and Africa

US WONT SURVIVE. ..
US cant fight everyone at once and win

Those nations can't be united against the US, the US is a necessary evil to the world. 80% of innovations and research shaping the world goes on there , it's not fluke. Their military industrial complex can't be wished away, it is what it is...

/
USA is the only country where her President makes a statement and the whole world goes into a turmoil. That's real power. USA still leads and others follow.

/

Ironfaceman:
Trump is dragging America back to'' Benito Mussolini'' era. A time where only the strongest can survive.

Trump is evil

when in history have the weak survived

aidoko1:
The USA cant face Gog and magog all by itself. China, Arabs, Persia will tear up that tree where all foul birds of the world reside.

ppl that can't feed their selves. You funny

''UK Prime Minister To Admit 'Globalization Is Over’ In Response To Trump Tariffs''

WHILE NATIONALISTS IN FORWARD-LOOKING COUNTRIES ARE DISCUSSING ISSUES THAT BEST MEET THEIR NATIONAL INTERESTS FOR THE GOOD OF THEIR CITIZENS, THE NIGERIAN MANIPULATORS, WHO NICKNAME THEMSELVES AS LEADERS, ARE BUSY WASTING PRECIOUS RESOURCES TO DISCUSS AN IRRELEVANT ISSUE OF SEXUAL HARASSMENT BETWEEN QUESTIONABLE CHARACTERS THAT HAS NO POSITIVE IMPACT ON THE COUNTRY'S WELFARE. WHAT A SHAME THAT SO FAR THERE IS NO CREDIBLE SCHEME TO RESOLVE THE ISSUES OF SYSTEMATIC CORRUPTION, BANDITRY, AND HUNGER ON THE LAND? WHAT A BACKWARD COUNTRY!

OneOnland:
It's funny how having explained situation to you, you're calling me "Little Kid", "you have average understanding", whereas you're the irredeemable slowpoke ignorant one here.

You wrote:
"""If I decide to convert some naira to dollars and save it, have I produced anything for the US? Little kid."""

Retard, where did the Dollar come from primarily? Nigeria prints Dollar at Aso Rock is how you get the dollar to be exchanged?

Please, get your brain cleaned before you come back again to public space -- Nairaland.

Lol, you're a little emotional kid. Let me educate you once more.


The US didn't force anyone to adopt its currency as their national reserve. Countries only adapted it because it's the safest currency currently. Imagine if countries adopted the Russian rubble, as the Ukraine war started, their reserves would have depleted massively.

The US dollar is backed by the highest gold reserves worldwide—making it a very stable currency. No one will drop the US dollars because of one emotional Nigerian kid with no economic knowledge.


To answer your question, the US CBN can print money at will, but it will come along with inflation as a consequence(basic economics). All the dollar supply is carefully managed by Interest rates, Open market operations, and Reserve requirements. And then again, no one is producing for the US except people they contracted to. Transacting with the dollar ensures no one's money is trapped due to trade imbalance. Dundi united

The dollar in Nigeria is a request from a reserve or people who purchase US bonds. Even a terrorist state like Iran that hates the hell out of US—uses the dollar more than its currency for domestic purchases, due to the weakened state of its currency. Does it mean Iran is now producing for the US? Dunce.



The world can't do away with the dollar without a solid option readily available.

Judolisco:
Honestly, I don’t understand all the fuss. If one country decides to impose a 100% tariff on goods coming into its territory, and the other country responds by raising its own tariffs, isn’t that just how international trade works? Both sides are simply protecting their interests..... No more father Christmas... If u want US to reduce, make u sef reduce

If US wants others to reduce, let them
Also reduce. How many tariffs UK or China put on US imports?

justmondris:
If US wants others to reduce, let them
Also reduce. How many tariffs UK or China put on US imports?

check d table and see for yourself sir

Change is constant but some people like to kick when it happens as if they were exempt from it.

idahme:
Those nations can't be united against the US, the US is a necessary evil to the world. 80% of innovations and research shaping the world goes on there , it's not fluke. Their military industrial complex can't be wished away, it is what it is...

Can US eat its innovations alone if the world gangs up against it? US needs to export its products to survive.
"While the US historically held a strong lead in technological innovation, China is rapidly catching up and even surpassing the US in certain areas, particularly in areas like AI, electric vehicles, and 5G, while the US maintains a lead in specific areas like high-performance computing and biotechnology."

I used to love US more than China b4 the coming of Trump but the world needs to rally round China for now until Trump is gone.

There is nothing US can do that China cannot do.
If EU and Russia can sit and sort their differences and forget the past. If Russia can drop its ego and bullying tactics, Russia also has high tendencies

US exports is worth $3 Trillion.
What are US major exports?
crude oil, refined petroleum, gasoline, gas turbines, nuclear reactors, medical equipment, motor vehicles, and commercial airplanes.

Now tell me these things cant be sourced from other countries?
Airplanes for example are made in United States, France, the United Kingdom, Germany, Canada, Brazil, China, Japan, and Russia.
With a gang up, China, Japan, Germany, Russia can double up their Airplanes productions.

See i know it will be hard but it's possible. Dont also forget that US usually places embargo on some trades because it seeks to advance its own trades but with a gang up, and countries coming together with a united front, these embargos will be ignored.