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RE: Economy Doctor: What is Hyperinflation?

in LeoFinance2 years ago

This post explains everything in happening in Nigeria. From the ignorance we citizens live in down to the solution we can't even proffer.

Don't hold dollars in a bank unless you are shorting economic collateral. Now that cryptocurrency exists, there are really no excuses.

I recently even wrote about how crypto has helped Nigerians because Naira does us no good.

Our biggest concern is the hyperinflation! How can you explain poverty and increase in the prices of petrol and kerosene when oil is our major source of revenue. The country keeps running into debts but Thankfully we have crypto.

. Why? Because crypto is money. Crypto is an economy.

The government still fights against this sadly.