Post
Topic
Board Nigeria (Naija)
Re: The cause of inflation
by
Jaycoinz
on 16/02/2024, 20:54:26 UTC
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.
The funny thing is that the government sef dem know these things because you no fit tell me say a whole economist and financial head of the country like Nigeria no suppose know how money value dey work ? But instead they choose to make it beneficial to themselves and forget about we wey be the masses and leave the country to be in a situation that has gone beyond repair and I know this is even the beginning because we are getting to a even more worse state than this.