NewStats: 3,262,856 , 8,178,377 topics. Date: Tuesday, 03 June 2025 at 08:17 PM e5i4c

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Op, what do you want me to do with this long epistle?

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IAmHim1:
The most willing slave to the system

Maybe that's why you will keep working for money for the rest of your life instead of having money work for you

Are you not too predictable? A question and you are issuing insults. May all the evils you have ever wished others return to you.

Too long for breakfast 🥞

This is too long but very insightful. Kudos to the writer for such knowledgeable article and the time brought out for this.

Abeg summarize that OPAY part first....

Wow wow wow


Things like this are not allowed to be made public for our consumption. This is insightful, and I'm proud to say I read it till the end. Truly, economics is vast; and that is why you don't just bring a dunce to be a central bank governor cos....... what is [s]he going to do without the slightest idea of what economics is

Informative post.

wow wow wow!

what a BOMBSHELL..

This kinda information deserves to be hidden as much as made public..

9ise:
wow wow wow!

what a BOMBSHELL..

This kinda information deserves to be hidden as much as made public..

Hidden ke?
Whether you hide the information or not, nothing changes.

So what's the point?

Sounds like something from the book, the creature from Jekyll Island.

sanandreas:
Informative post.

Always wondered how okay makes its money, but opay ne de gree give us loan

So I finished 4 years of University economics without knowing this?
Sad

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If this ideology is applied to production, infinity will be a starting point.

This is very insightful.
Couldn't believe I read it all.

Thank you op for the examples such that an average person can understand.

IAmHim1, I read your write up, especially because I love reading, and i wish to say that debt-based banking system is not unique to Nigeria. It is embedded in he banking structure worldwide. Infact, without such, how could great economies like that of the US, recover from the great depression?

Now, the computer age and its crypto realities have enforced the debt-based system of banking (alongside the occasional ponzi schemes) as the most substantial as it gets.

Quite insightful, can't believe I read it all, thanks Op.

Is Godwin emiefele on bail Someone should quote me cos this sound like emiefele trying to snitch!

Wow that's crazy
Have been chasing the wrong thing the whole time

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IAmHim1:
The most willing slave to the system

Maybe that's why you will keep working for money for the rest of your life instead of having money work for you

You that is not a slave to the system why do you have a bank even after knowing all this now? Why not close it down?

Everyone knows that banks make money from both loans and deposits and when you put your money in the bank, the bank uses it without your knowledge. The most important thing is that when you need to make use of your money it's available. Is that not the main thing?

So I dont understand why you wrote a whole long epistle to the ephisian church on what people already know.

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IAmHim1:
Lolzzzz

Bold to think I'm Emefiele

I'm just an ordinary human like everyone else

Are you in same profession

After reading this, kindly prepare my BSc degree for me

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