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The Truth About Exchange Rates And The Performance Of Nations - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsThe Truth About Exchange Rates And The Performance Of Nations (1787 Views)

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Re: The Truth About Exchange Rates And The Performance Of Nations by edoairways: 9:54pm On Sep 03, 2020
theenchanter:
this op is very poor in economics. Those asian nations deliberately lower their exchange rate cos they're goods producing countries. Its easier to redenominate one's currency but its d strenght of d economy that'll sustain it.
Correct
Re: The Truth About Exchange Rates And The Performance Of Nations by edoairways: 9:58pm On Sep 03, 2020
LikeAking:
The Japanese currency is a mistake i will correct it.

How come the Ghanian cidi is way higher than the naira when we have a solid economy than them?.

We better than the Ghanaian in almost every thing na.
The bank of Ghana removed the last two digits in their currency.
Re: The Truth About Exchange Rates And The Performance Of Nations by LikeAking(op): 10:16pm On Sep 03, 2020
edoairways:
The bank of Ghana removed the last two digits in their currency.
But that country is getting better and better than us every day.If the removal of the last 2 digits as you claimed is worthless it would have backfired on them.

I hope you are seeinh 1000 naira to a $1 very soon.

LETS THINK ABOUT THE FUTURE OF NIGERIA.

You wan dey buy a bag of fertelizer grown rice with 50-100k?.

The truth is all these inflation can be diverted by a smart government.

Their is so much money in Nigeria,dont let the government deceive you.

Our govenment is hidding our real figures or not taking them into consideration.
Re: The Truth About Exchange Rates And The Performance Of Nations by LikeAking(op): 10:23pm On Sep 03, 2020
edoairways:
Correct
He is not correct.

The "economic strength" is a term used by the IMF to deceive us.

Most of the rules where written to favor only the white people.

Its all about knowing our rights and fixing the exchange rate in our favor,

Use your head.

Some of these Arab countries we worship are not better than us economically,Even SA is not better than us.

They are just downplaying the achievements of Nigeria,

Think outside the box.

Its all about wise leadership.
Trump and co call it currency manipulation to discredit the efforts of their perceived rivals.
Re: The Truth About Exchange Rates And The Performance Of Nations by LikeAking(op): 10:26pm On Sep 03, 2020
edoairways:
The bank of Ghana removed the last two digits in their currency.
I believe you are just yabbing them.

If revaluation was useless dem for no do am that year.

The Ghanaian govt is still far from perfect,but they are wiser than the Nig govt.

If our ex rate remains stable for 50 yrs Nigeria will blow.
Re: The Truth About Exchange Rates And The Performance Of Nations by edoairways: 10:33pm On Sep 03, 2020
LikeAking:
He is not correct.

The "economic strength" is a term used by the IMF to deceive us.

Most of the rules where written to favor only the white people.

Its all about knowing our rights and fixing the exchange rate in our favor,

Use your head.

Some of these Arab countries we worship are not better than us economically,Even SA is not better than us.

They are just downplaying the achievements of Nigeria,

Think outside the box.

Its all about wise leadership.
Trump and co call it currency manipulation to discredit the efforts of their perceived rivals.
Hmmmm! By the way are you in support of Trump?
Re: The Truth About Exchange Rates And The Performance Of Nations by oyatz(m): 5:06am On Sep 04, 2020
Abasman008:
Join the movement...

This shit hole is breaking up slowly but steadily... I laugh at anyone who feels there hope for this country... There is more hope for Afghanistan than Nigeria....



Everyone knows we're rich in every single thing except human development..

So lol everyone is just waiting for it to break so that they can Scramble for it... China being wise is making investments already... You wont see trains in the south, but you will see them were the Chinese feel there will be a lot of confusion after the break hence pretending to put everything back on will quench the confusion and turn the people to slaves....



The only people I pity are the middle beltans because the little christianity left there will be quenched should a break occur...because as the maps say there are in the middle belt but are still part of the north......



The yoruba's are like wolfs very intelligent and very hard working,but the dog part of a wolf has made him loyal to the bird just because it has wings... The bird eats up everything the wolf helps catch and remains just enough to keep the wolf loyal... But imagine a pack of wolfs ruled by wolfs .



The ibgos..are elephants very powerful and majestic and can make it we're everyone else can't.., but when it comes to putting forces together everyone starts remembering which elephant lives in the jungle, or which lives in the plains or which lives in the Savannah.. they too have become loyal to the bird not because it has wings but because each group of elephants have sent envoys without the knowledge of each other to the bird who tells each of them the same thing and that is "you are greater than your brother" a lie they believe.



The Niger deltans.. are a group of bees living together in a colony providing honey to the bird who promises not to eat them provided they shut up and keep producing honey.. even when the the bird is also spoiling their comb by taking more than honey.. they don't complain because when they do the bird eats few of them and no other bee wants to be eaten so a swarm of bees who are a million more plentier and stronger shuts up...the queen bees prefer to be submissive even when they are a greater foe.....



Whose the bird, I'll leave you to answer..



Here's to who we are!!

Bunch of hypocritical cowards...

But not for long fellas..



#join_the_movement
You guys always wish evil for the country.

Which problems has your evil wish solved?
Re: The Truth About Exchange Rates And The Performance Of Nations by Abasman008(m): 6:15am On Sep 04, 2020
oyatz:
You guys always wish evil for the country.

Which problems has your evil wish solved?
please what's evil here?
1 2 Reply

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