₦airaland Forum

With the continuous upward movement.... Of prices
There is need for a new note.... Because you need a truck load of cash to do anything in Nigeria....

I write

There is no country that her highest currency denomination should be less than one dollar. It's shameful.

Op is one of people who missed basic economic teaching in secondary school

How much will a sachet of pure water cost with N5000 new notes?

Mods deleted helinues comment.

You mean great tribulation has started?

Very true

A friend of mine just bought a car of 38m

We were just discussing how inflation has finished the economy and that about 10yrs ago this car won't be more than 4m

We now imagined that assuming there was no transfers and we were using only cash,38m in 500 naira notes will fill up several Ghana must go bags

Just to buy a used car of almost 10yrs

helinues:
Op is one of people who missed basic economic teaching in secondary school

How much will a sachet of pure water cost with N5000 new notes?

Bro I studied economics..... Stop being blinded by tribalism.... Face the truth..

There is no shame in upward review of based denomination... Inflation is constant you adjust to it...

There are top economies using bigger denomination...

The real economic problems are, crime rate., lack of jobs, too much borrowing without corresponding or greater economic output....

Not denominated currency