Post
Topic
Board Nigeria (Naija)
Re: The cause of inflation
by
Alphakilo
on 19/02/2024, 21:57:19 UTC
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 issue of inflation and currency devaluation is complex, reflecting systemic challenges beyond just the current government. While their policies and decisions play a part, it is not something that can be reduced to a single reason or entity. It is a result of policies being made, fiscal discipline being (or not being) exercised, and of global trends of the global economy. Working together to developing sustainable economic policies, would be the best way to go about not just avoiding, but overcoming significant economic challenges in today’s interconnected world.