Archived Devaluation of Nigeria Currency Causes More Harm than Good (educacinfo.com)
submitted ago by daskapitalist
Posted by: daskapitalist
Posting time: 4.1 years ago on
Last edit time: never edited.
Archived on: 2/12/2017 1:51:00 AM
Views: 16
SCP: 4
4 upvotes, 0 downvotes (100% upvoted it)
Archived Devaluation of Nigeria Currency Causes More Harm than Good (educacinfo.com)
submitted ago by daskapitalist
view the rest of the comments →
[–] Cuilrunnings ago
Well, it's a good way to clear a massive wall of debt that was built up through government intervention. So if you're already within that framework it can make sense in limited scenario's. The concept of a debt "jubilee" is very good for societies. Slow and stead inflation is simply a gradual jubilee over time.