Nigera is suffering from high inflation and their problem is that they aren't me...

		imtringued on Feb 17, 2021 \| parent \| context \| favorite \| on: Bitcoin surpasses $50K as major companies jump int... Nigera is suffering from high inflation and their problem is that they aren't mechanizing their agriculture sector. The end result is that they import a lot of food and fail to export their cash crops. If the government borrowed/printed money and used it to grow the agriculture sector they could actually stave off inflation despite increasing the money supply.

As per usual, the major issue with fiat currency is how poorly the government is managing the country.