Altcoins Talks - Cryptocurrency Forum
Local => Nigerian Languages => Topic started by: Gideon99 on February 24, 2024, 06:35:16 AM
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Dollar increase or inflation is cause by so many things. dollar inflation can either affect on the positive or negative side. It can be caused by the increase of importation of good or increase in money supply, depending of the situation are you worried about the inflation? On the positive side today those earning in us dollars the price inflation encourage them to spend and invest their money, rather than keeping it. Many youth and people today especially Nigeria some are happy for the dollar inflation,some are suffering because they can't afford things because of the price increase. Some people are still struggling with their low salary and there boom dollar increase, price of goods and commodity, "hard life " making goods and services more expensive. This have cause the standard of living to decrease everybody dey manage now. The people that are gaining from the increase are those earning in USD example politicians and businesses connect from abroad. Any specific questions about dollar inflation?