fbpx
en
Search
Generic filters
Exact matches only
#12287
+3
The African Monetarist
Member
Lagos, Nigeria

Halting the expansion of the Naira supply faster than the production of goods and services would arrest its depreciation relative to other currencies, and thereby reducing its overexpansion. Overexpansion primarily occurs through the issuance of loans, particularly at rates lower than the inflation rate.

 

The persistent continuation of this practice will perpetuate the depreciation of the Naira.

 

It is crucial to note however that the allocation of these loans to various entities holds secondary significance; the primary driver of depreciation lies in the creation of surplus currency.

 

This applies to other African countries.

++ DSYF, by Idris Elba. ++

G-STAR x Burna Boy – On Form.

The S.M.I.L.E-ing BOYS PROJECT

 

 

 

 

The S.M.I.L.E-ing Boys Project By multidisciplinary artist Kay Rufai, is a research led mental well-being project for Black & BAME boys in London. Follow Kay Rufai on LinkedIn and @ U N I V E R S O U L A R T I S T . »

 

 

 

 

     

     

     

    TYPHOON: DUTCH HIPHOP

     

     

     

    More TYPHOON Music: YOUTUBE >>>