Post
Topic
Board Nigeria (Naija)
Merits 3 from 2 users
Topic OP
The cause of inflation
by
Y3shot
on 05/02/2024, 17:21:20 UTC
⭐ Merited by CryptopreneurBrainboss (2) ,Hatchy (1)
Many of us thinks the rise of inflation and the weakness of the naira currency is because of the new government we have in the country.  Before now a state governor was complaining about how the past government was printing of money, and many people thought it was just propaganda which they took it very lightly.  The hardships and the high inflation rate we are seeing today is as a result of printing money that has been taking place longtime ago.

The cause of the inflation is nothing but as a result of printing money that is naira is losing value constantly everyday. The economy has never been bad like this, we are facing the consequences of wrong economy doings.