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Nairaland Forum / Nairaland / General / Business / CBN Increases Money Supply By 16.3% In June 2023 (11130 Views)
CBN Increases Cash Withdrawal Limit To ₦500,000 Weekly / Money Supply Jumps To N49 Trillion / CBN Increases The Capital Base Of Microfinance Banks (2) (3) (4)
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Re: CBN Increases Money Supply By 16.3% In June 2023 by EdiskyHarry: 1:29pm On Jul 18, 2023 |
Honestly things are really difficult and hard in Nigeria currently, nomatter how we try to hide it. 3 Likes |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Blue3k(m): 1:30pm On Jul 18, 2023 |
lexy2014: Inflation in the money supply is literally Inflation. The inflated aka increased amount of currency. The result is higher prices. Plot it on graph you can see it. 1 Like |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Promoter2: 1:31pm On Jul 18, 2023 |
Seun your tears are sweeter than sugar. You promoted this baboon to become president and you haven’t started crying 5 Likes |
Re: CBN Increases Money Supply By 16.3% In June 2023 by lexy2014: 1:31pm On Jul 18, 2023 |
Blue3k: I didn't ask u what it is. I asked How will increasing money supply intensify inflation? 2 Likes |
Re: CBN Increases Money Supply By 16.3% In June 2023 by MadamExcellency: 1:32pm On Jul 18, 2023 |
lexy2014: You should know better. If I may ask, Seun wrote the same thing in his analysis, which is correct, actually, but you left him and directed the question to me. Did you even read the original post? 2 Likes |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Eriggs: 1:34pm On Jul 18, 2023 |
It will favor me by 1 Like |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Blue3k(m): 1:36pm On Jul 18, 2023 |
lexy2014: I told you the answer. You didn't understand. Know what it is tell you how it increases aka intensifies the situation. This graph would tell you how it increases price levels resulting in in more inflation. 5 Likes
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Re: CBN Increases Money Supply By 16.3% In June 2023 by INVINCIBLECSP1(m): 1:36pm On Jul 18, 2023 |
All the money Thiéfnubu stole, he is pumping them back into the bank to circulate to make us believe he is trying. Ole oshi oloriburuku Tinubu 2 Likes |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Allardyce: 1:36pm On Jul 18, 2023 |
Eriggs:Seun, do you want to pretend you don't know that this is ? Rule 19 2 Likes |
Re: CBN Increases Money Supply By 16.3% In June 2023 by lexy2014: 1:37pm On Jul 18, 2023 |
MadamExcellency: Is it Seun that made the following? MadamExcellency: Since u read the article, then u shouldn't have any problems answering my question. How will increasing money supply intensify inflation? 1 Like |
Re: CBN Increases Money Supply By 16.3% In June 2023 by nairalanda1(m): 1:37pm On Jul 18, 2023 |
Lipstick on a pig, does not make it a beauty queen 2 Likes |
Re: CBN Increases Money Supply By 16.3% In June 2023 by lexy2014: 1:38pm On Jul 18, 2023 |
Blue3k: How does your graph answer the question? How will increasing money supply intensify inflation? |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Nobody: 1:41pm On Jul 18, 2023 |
Economy is continuous, some of those money will be given to business men and investors to put into production activity, as long as we can use our money and produce things and into investment we are good, it will balance out and expand the economy. It doesn't mean all the money withdrawn from CBN will be consumed, some will go into investment ventures and businesses via loans, to create more value for the economy. We must endeavor to export more as well, earn from other nations, but importantly, we must buy and use what we produce, to maintain our wealth and build it. You are looking at it from a narrow perspective. 3 Likes 1 Share |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Blue3k(m): 1:47pm On Jul 18, 2023 |
lexy2014: Increasing the money supply without an aggregate increase in the supply of goods results in price levels going up. Since the amount of production didn't increase at the same rate the cost of goods go up. The graph shows how increasing money supple increases inflation in one scenario. Assuming the economy is 100 apples and they are all 1 naira. The economy is 100 naira or apples. Assuming the money supple increased 16% the there's now 116 naira and still 100 apples in this example. The price inflation rate is 16%. You not wealthier because you still have 100 apples. Money has utility becsuse ut buys goods and services. Do you get how adding money effects inflation? 8 Likes 2 Shares |
Re: CBN Increases Money Supply By 16.3% In June 2023 by nairalanda1(m): 1:47pm On Jul 18, 2023 |
Blue3k: Better ignore him now...the fellow you responded to. His game is to ask and ask and ask, and make you look unwise. 2 Likes |
Re: CBN Increases Money Supply By 16.3% In June 2023 by nairalanda1(m): 1:48pm On Jul 18, 2023 |
Blue3k: He will soon ask you the question again... 1 Like |
Re: CBN Increases Money Supply By 16.3% In June 2023 by InvertedHammer: 1:48pm On Jul 18, 2023 |
CodeTemplar: / The solution to an alcoholic's problem is not giving him more alcohol. / 4 Likes 2 Shares |
Re: CBN Increases Money Supply By 16.3% In June 2023 by LordAdam16: 1:50pm On Jul 18, 2023 |
Godfullsam: FTFY. MPC meeting is in a week. If the clown likes he should impulsively and hastily cut interest rates, then call it "courage". -Lord 1 Like |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Blue3k(m): 1:50pm On Jul 18, 2023 |
nairalanda1: I agree he is asking in bad faith trolling but I do see I could have explained it better. The comment above explains inflation with apples 🍎 is probably easier. That's how everything is taught in intro to macroeconomics anyway. 4 Likes 1 Share |
Re: CBN Increases Money Supply By 16.3% In June 2023 by lawani: 1:51pm On Jul 18, 2023 |
Gajagojo: Real economy size is proportional to population size and the other determinant is the level of economic development which implies the variety of goods and services you can produce or are able to produce. Any other type of growth is fake growth 1 Like |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Nobody: 1:53pm On Jul 18, 2023 |
InvertedHammer:Economics is more complex than alcohol and alcoholics. |
Re: CBN Increases Money Supply By 16.3% In June 2023 by reiddecuti: 1:54pm On Jul 18, 2023 |
PDP 16 years of ruling has been magical even though Nigeria was crashing but they keep trying to steer the ship. APC took over and in 8 years, Nigeria fast crashed - Buhari saw to that. Tinubu promised to continue from where Buhari stopped. Finally, Nigeria is heading in the direction of Zimbabwe and when Tinubu and APC are done with Nigeria, Zimbabwe will be an Eldorado. Where are the agbadorian and it will favour me crew. Una never see anything!!! As of this morning, NNPC increased fuel pump price to above #600 in all their stations in Abuja. 2 Likes |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Gajagojo: 1:57pm On Jul 18, 2023 |
lawani:. What is the summary lexy2014 What is your point? |
Re: CBN Increases Money Supply By 16.3% In June 2023 by Nobody: 1:59pm On Jul 18, 2023 |
Dottore:Na WA ooo |
Re: CBN Increases Money Supply By 16.3% In June 2023 by XerXers: 1:59pm On Jul 18, 2023 |
2 Likes
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Re: CBN Increases Money Supply By 16.3% In June 2023 by Blue3k(m): 2:11pm On Jul 18, 2023 |
XerXers: Lol promises made and kept 😅. |
Re: CBN Increases Money Supply By 16.3% In June 2023 by XerXers: 2:13pm On Jul 18, 2023 |
Gajagojo:Over 100 billion dollars? From which competent source ABI the usual local propaganda outlets? 1 Like
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Re: CBN Increases Money Supply By 16.3% In June 2023 by Gajagojo: 2:16pm On Jul 18, 2023 |
XerXers: |
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