So when they ignorantly call for printing more money to clear debts, they are trying to make the currency less scarce, and this in turn will lead the the depreciation of the currency.
#threadstorm
12/20
So when they ignorantly call for printing more money to clear debts, they are trying to make the currency less scarce, and this in turn will lead the the depreciation of the currency.
#threadstorm
12/20
Hmm, that's right. If the government does that, it might solve the problem at hand but the one coming might even be worse.
#threadstorm.
I won't categorize that as solving a problem, because they are only creating room for a bigger problem.
So for me, they aren't solving any problem.
Yes it's not really solving any problem 😏.
They should sha dash me the money 🥲🥲🥲
Money man 🤑.
Me wey no get 🥲
Hmm, oh 😏😪.
Honestly, with the level of both corruption and incompetency in their ranks I do believe that their main motivé to print more money is to see what to embezzle!
Honestly, Nigeria's case is just something else. Even if the economy is strong or weak, these guys dont even care. THier aim is just to embezzle money.
#threadstorm