Floating the naira only ensures the round tripping and "Forex for buddies" policies ran by Emefile, that saw to a wide gap between the official and parallel markets, is brought to an end.

There will be much pressure on the naira as more companies and individuals will use the Forex window to dump the naira.

Let me not even talk of the "Hot investors" in London and New York who treat stockmarkets like a cold shower - quick in , quick out! Those ones will invested heavily in our stock market and once they see a 1% increase in their investment portfolios will dump it and head out using the FX window.



The only solution is a painful and very dangerous one for our leaders and that is total De-Dollarization.

Dump that Jewish fiat shit and switch to BRICS commodity based financial system.

The dollar is on its last legs.

FX is floating.

Get used to it

Throw more light

There is no light to throw my brother. The guy non just like US and Jews. I clicked here thinking he was going to talk about industrilization or how we can export either our products or skills but bros is talking another matter entirely.

Tonytonex:
Throw more light

Op is correct that Western investors will only invest in intangible assets (stocks etc), and will only be in and out for quick profits.

Unlike Chinese and Indians, Americans and Europeans will not invest in factories, industries and other real economy businesses that will create the jobs that Nigeria desperately needs.

We will have to create our own prosperity and not depend on Westerners. We need to produce more of what we need ourselves.

As to whether Nigeria can de-dollarise our economy, it will be very difficult in the near to medium term. Unlike Saudi Arabia, we are currently in a position of serious economc weakness.

There would always be a reserve currency and it depends largely on the size of the economy . As things stands now the only candidate is usd and the eur because Chinese yuan is not completely transparent and has a lot of restriction in it buying and selling. AU should set up a single monetary zone I just can't wrap my head why intra africa trade is settled via London and American bank

Pythagoras001:
I just can't wrap my head why intra africa trade is settled via London and American bank

Now you are ready for your next red pill.

The most powerful arsenal the US has is its ability to weaponise the USD.

The USD is a debt instrument forced on the world .

It's the reason the US remains the largest consumer market without a production base to compensate for it.

Since 1945, the US held the largest debt to nations on earth owing to lend lease agreements to Britain and the USSR.

The US also financed post WW2 reconstruction on the condition that all western nations must deposit their gold reserves in the US Treasury in exchange for debt instruments aka the US fiat dollar.

Then in the 70's , Nixxon pulled the plug on the USD being backed by gold and since then the instrument is only backed by US military might. You refuse to trade in dollars, you get replaced asap.

Imagine having a printing machine to print infinite number of paper money and having everyone you interact with forced to take it in exchange for goods and services.

That's the US liquidity based scam economy that uses fiat currency and threat of war to force nations under their vassalage.

Qaddafi wanted out and promoted a gold backed currency and he was whacked off.

Hitler wanted nothing to do with the Jewish middle men and designed a currency backed by German production.

Putin is pushing a commodity based financial system away from London and New York and has the resources to back it.

9jatriot:
There is no light to throw my brother. The guy non just like US and Jews. I clicked here thinking he was going to talk about industrilization or how we can export either our products or skills but bros is talking another matter entirely.

As long as you peg your currency to the USD which is now near infinite in volume , New York and London will do everything to ensure your currency no matter how much you produce and export, is devalued and debased before it.

Why should they want a stronger naira when they can buy your goods and services at a debased rate?

This is modern day slavery and Jewish colonialism.

9jatriot:
There is no light to throw my brother. The guy non just like US and Jews. I clicked here thinking he was going to talk about industrilization or how we can export either our products or skills but bros is talking another matter entirely.

okay

Pythagoras001:
There would always be a reserve currency and it depends largely on the size of the economy . As things stands now the only candidate is usd and the eur because Chinese yuan is not completely transparent and has a lot of restriction in it buying and selling. AU should set up a single monetary zone I just can't wrap my head why intra africa trade is settled via London and American bank

Gold will do.

EmperorHadrian2:


Gold will do.

we already tried the gold standard and it failed. By the way the USA still has the highest gold reserve so nothing changes and With the current size of the world economy I doubt if it feasible.

Pythagoras001:
we already tried the gold standard and it failed. By the way the USA still has the highest gold reserve so nothing changes and With the current size of the world economy I doubt if it feasible.

Gold standard did not fail.

The kikes who came to control the US and global economy from 1945 stole all the gold .

All that gold isn't in Ft.Knox as claimed but in a bunker in Israel where it will be housed in the Jewish third temple .

That's the Levitical Order and it calls for nations to slave for Jews.

EmperorHadrian2:
Floating the naira only ensures the round tripping and "Forex for buddies" policies ran by Emefile, that saw to a wide gap between the official and parallel markets, is brought to an end.

There will be much pressure on the naira as more companies and individuals will use the Forex window to dump the naira.

Let me not even talk of the "Hot investors" in London and New York who treat stockmarkets like a cold shower - quick in , quick out! Those ones will invested heavily in our stock market and once they see a 1% increase in their investment portfolios will dump it and head out using the FX window.



The only solution is a painful and very dangerous one for our leaders and that is total De-Dollarization.

Dump that Jewish fiat shit and switch to BRICS commodity based financial system.

The dollar is on its last legs.

There's nobody stupider than a Nigerian who discovers racist US youtube videos and comes back to other Nigerians to say nonsense they themselves don't understand.

Which BRICS country isn't using fiat currency, aturu?
Will you volunteer to haul 14 trillion in gold bricks a year, or will the commidity by chickens?

this idiot actually said 'red pill' lol.

Pythagoras001:
There would always be a reserve currency and it depends largely on the size of the economy . As things stands now the only candidate is usd and the eur because Chinese yuan is not completely transparent and has a lot of restriction in it buying and selling. AU should set up a single monetary zone I just can't wrap my head why intra africa trade is settled via London and American bank

He doesn't know that the dollar is the new gold standard. There must always be a major benchmark currency.

EmperorHadrian2:
Floating the naira only ensures the round tripping and "Forex for buddies" policies ran by Emefile, that saw to a wide gap between the official and parallel markets, is brought to an end.

There will be much pressure on the naira as more companies and individuals will use the Forex window to dump the naira.

Let me not even talk of the "Hot investors" in London and New York who treat stockmarkets like a cold shower - quick in , quick out! Those ones will invested heavily in our stock market and once they see a 1% increase in their investment portfolios will dump it and head out using the FX window.



The only solution is a painful and very dangerous one for our leaders and that is total De-Dollarization.

Dump that Jewish fiat shit and switch to BRICS commodity based financial system.

The dollar is on its last legs.

Jews installed the President. There is nothing you can do. Even your android phone is from satanic jews. Deal with it..

We shouldn't have issue with dollars as long as we become more productive. Naira will automatically gain strength

Ofodirinwa:



There's nobody stupider than a Nigerian who discovers racist US youtube videos and comes back to other Nigerians to say nonsense they themselves don't understand.

Which BRICS country isn't using fiat currency, aturu?
Will you volunteer to haul 14 trillion in gold bricks a year, or will the commidity by chickens?

this idiot actually said 'red pill' lol.

For as long as trade and gold have existed, gold has always been the preferred medium of exchange until 1945.

Issuing currency instruments to gold reserves is the way to go.

Gold is a near finite commodity and as such perfect as a security instrument.

The problem earlier gold based economies faced like that of the Romans was gold clipping (by the usual suspects) and debasing through dilution(inflation).

The Roman Dinari started off as a solid gold coin but during the collapse of Rome had been replaced with base metal coins.

The way to go is to hold gold reserves in a neutral country like Switzerland or hold gold assets in banks of trade partners and from there issue currencies based on how much gold a nation has.

Look at gold in the same light you see the finite crypto currency bitcoin.

The more nations switch to it, the more gold appreciates.

By the way, gold prices have been artificially suppressed since 1945 and is set solely by the London Gold Bullion Market. By "Market", it comes down to three men meeting every Monday morning to decide the price to set gold and this trio are the Rothschild family.


They set the price so low so that they can discourage others from investing in it including nations.

Why is that only the Kikes are obsessed with gold but at the same time they are the ones kicking against it?

Has it crossed your mind to ask why a once eternally and universally valued asset is being demonized to you as a shinny rock while kikes stock pile gold by using their worthless scam fiat currencies to acquire it ?

You better understand that the secret to Jewish wealth has always been in holding gold .

Even the state of Israel was created for this purpose to serve as it did during the Roman empire as place where Jews hoarded their gold far from the Emperor's glare .

Do you know that Pontius Pilate was petitioned by the Jews to Caeser for confiscating gold imports from Rome into Palestine despite Augustus Caesers ban on gold export from Rome ?

Caeser , who the Jews bankrolled his war against the conspirators and later Mark Anthony to emerge supreme emperor was heavily indebted to these same Jews and gave them secret permission to move their gold to the Jewish temple in Jerusalem.
Pilate confiscated one consignment coming from Rome that was destined for the Jewish temple in Jerusalem.

The Jews rioted over this but claiming other reasons for the riot by fingering a Greek soldier entering the temple.

The riot was instigated by Jews to have Pilate recalled.

It was Cicero that defended Pilate before the Roman Senate and in his eloquent and cryptic closing argument made mention of "an enemy too powerful and protected that had imbued itself upon the empire" .

The Senate acquitted Pilate but Augustus Caeser gave Pilate a stark warning that it will be his head if there was any problem in Judea .

It's for this that the Jews wanted Pilate killed for they never got their gold back and Pilate returned to Judea to tax them more heavily .

So when a benign easy going Rabbi who had rebuked the Sanhedrin came about with a huge following, the Jews decided to set both Yeshua and Pilate up by attempting to instigate a riot over claims of Pilate freeing an usurper to Caeser .

The rest is history.

You better believe that there is more to this world that you know nothing about .

helinues:
We shouldn't have issue with dollars as long as we become more productive. Naira will automatically gain strength

There is no way you can ever win holding dollars.

The US fiat dollar is designed to create artificial wealth via an unredeemable debt .

Even the Kikes know the game is about to blow with the over $70 Trillion USD floating out there that can never be redeemed.

They have nothing to exchange for their worthless dollar .

No gold. No industry left in the US.

So the only thing they have is useless propped up stocks in Jewish digital companies like Facebook , Twitter , Google and Microsoft .

Even the most valued company on the US stock market , Tesla has not posted a profit since it's inception .

It's all a scam

joyandfaith:


Jews installed the President. There is nothing you can do. Even your android phone is from satanic jews. Deal with it..

Of course.

Satan rules over this earth and the Jews are his children .

Obaaderemi2:
He doesn't know that the dollar is the new gold standard. There must always be a major benchmark currency.

The only reason the dollar came to exist as a sole reserve currency is because the US underwrote all the cheques for fighting the War and for reconstruction of Europe.

At no time has paper currency become more valuable than gold.

You are so into this scam that you will see mere paper being more valuable than eternal and universally accepted gold.

You guys really need to be reprogrammed.

Because the Casino only allows their chips on the table doesn't mean it's worth anything outside it's parlour .

The moment you walk away from the casino dens in New York and London the better of you are.

It's a system rigged for you to fail and them to always win.

During the Jewish Atlantic slave trade , the medium of exchange set by the Jewish slavers with the middlemen in the lowe Niger was Brass Manillas

Not gold but near worthless brass Manillas.


The lowe Niger Tribesmen had no use for gold but preferred brass as the metal alloy was traded with Igbo slavers who used it in making metal works which they sold on to other tribes .

One day however, the Jews decided to end the brass based slave economy by refusing to pay using brass or collect brass Manillas for finished European goods and whiskey.

The Jews bankrupted the middlemen by simply resetting the established mode of exchange .

Instead of Manillas , the Jews insisted on dumping finished goods and whiskey in exchange for slaves and other cash crops .

Wealthy slavers became bankrupt as their Manillas held no value .

Do you see a pattern ,?

EmperorHadrian2:


Now you are ready for your next red pill.

The most powerful arsenal the US has is its ability to weaponise the USD.

The USD is a debt instrument forced on the world .

It's the reason the US remains the largest consumer market without a production base to compensate for it.

Since 1945, the US held the largest debt to nations on earth owing to lend lease agreements to Britain and the USSR.

The US also financed post WW2 reconstruction on the condition that all western nations must deposit their gold reserves in the US Treasury in exchange for debt instruments aka the US fiat dollar.

Then in the 70's , Nixxon pulled the plug on the USD being backed by gold and since then the instrument is only backed by US military might. You refuse to trade in dollars, you get replaced asap.

Imagine having a printing machine to print infinite number of paper money and having everyone you interact with forced to take it in exchange for goods and services.

That's the US liquidity based scam economy that uses fiat currency and threat of war to force nations under their vassalage.

Qaddafi wanted out and promoted a gold backed currency and he was whacked off.

Hitler wanted nothing to do with the Jewish middle men and designed a currency backed by German production.

Putin is pushing a commodity based financial system away from London and New York and has the resources to back it.

100%.

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