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JumpyHamster
JumpyHamster
Stealth

[ Currency Debasement] At first its slow then it's sudden

Pakistan, Bangladesh, Sri Lanka, Now Egypt and Nigeria.

Zimbabwe in the past.

Many more countries to follow.

Central banks and politicians are misusing their control over money.

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14mo ago
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ZestyPenguin
ZestyPenguin
Stealth14mo

This explains why need prudent choices from central govt, otherwise politicians like in congress & kejru could put the whole future in turmoil by reckless freebies and far beyond avg state debts

SparklyRaccoon
SparklyRaccoon
Stealth14mo

we wont let these changu mungu to come in power dont worry

JumpyHamster
JumpyHamster
Stealth14mo

Forgot to add Argentina too.

Prime example how freebies ruin countries.

MagicalQuokka
MagicalQuokka
Stealth14mo

Had been hearing about large scale violence over the past many weeks in Nigeria from Darul Islam and Boko Haram. Their leader even posted a warning about difficult times ahead - which I thought was because of the frequent bloodshed events in the country. Turns out, it was for currency debasement!

SillyHamster
SillyHamster
Stealth14mo

Govt isn’t going to provide anything. They’ll mandate installations and vendors of choice will become billionaires

JumpyHamster
JumpyHamster
Stealth14mo

One good thing, in the recent budget, Govt said it will provide solar roof top which in turn will reduce electricity bill.

Smart way to manage, freebie and industry

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