nazret.com

Life is getting hard especially in main cities due to inflation and this is really good news. Hope it will decline more

That's what you get from a real accountable hard working leadership of EPRDF.
No nonesense talk.
Serto yemiyasera mengist yelual yihe new.
Way to go EPRDF!
We will continue our Growth & Transformation Plan, according to the great vision put forward by our great leader the late PM Meles Zenawi!
PM Meles, thank you for everything! your legacy lives on!

All mega projects such as Addis light train project, Housing project,
Abbay Dam project, Sugar factory project,Fertilizer project are moving smoothly as planned.Beside this the main problem inflation is well under control.Generally with out doubt the future of Ethiopia is too bright.VIVA EPRDF.

"Emama Ethiopia"

we are almost there our greatset goal is getting out of poverty. It will be achived, no matter what.
Ethiopia's enemies will be crashed to death such as VOA,ESAT ....
Now they have shocked becase there is no negative news to be reported soon out of work.

DEATH TO ETHIOPIA'S ENEMIES

-There is no single indication that hosue rent decreases
-There is no indication that food price decreases
-There is no indication that sugar cost decreases
-there is no indication that transporation costs decreases

Then, where the decreases in inflation rate can be explained in the Mega project sector? For example, ideally,
-when feritilizer production expands with low costs, food price too.
-When sugar production decreases, the sugar price is expected in the same trend.
-When transporation availability increases, its costs too.

The living costs failed to decrease because as HMD explain it,the number of consumers increased. But it also expected that producers also increases. One possible explaination can be that the number of innocent people in jails (consumers but not producers) increased by TPLF.

Hagos, the deranged lonly drifter asshole shabian,..

You seem lost on this website. Do you know what your doing? You look like a disoriented senile oldman out of the twilight zone. Get out of here!
Stupid asshole shabian!

@addis zemen
I am not shabian.LOL. Hence your statement doesn't apply to me.

.

With the right kind of commitment, with right kind of policy, break the bureaucracy and allow the people to work so as to boost production in the mean time limit population growth.

For short time relief, if they really up to helping the citizens, they would step up to subsidize fuel. By bringing the fuel price down we might see some change in the actual consumption market.

.

@ Hagos:

Please listen to yourself! You have to have at least 15% of the population in jail to affect the cost of living. Not only that, but they have to be either farmers or directly involved in commerce. That would be (assuming our population 85 mill.)about 12.75 million people in jail.

Instead, @Sami and @ Addis Zemen got it absolutely right. The government has projects that are now beginning to show their economic significance. But, more importantly, EPRDF work hard. Nobody can deny that. They set goals and priorities and the work extremely hard to meet the goals.
Nobody is perfect including my mother. It is Ok to criticize because if we care about Ethiopia we have to criticize in a constructive way.

But, when someone does a good job, even if you don't like them, you have to congratulate. If you don't, you are not a man. Ali hated Frazier but when frazier kicked his ass, Ali admitted graciously.

Long live Ethiopia and long live Ankober.

@Abyssinian
Long live Eritrea and the World too!

Hagos is man enough to congratulate Eritrea for -work well done-.
But unfortunately woyanes will loudly shout at Hagos for his crime of congratulating his enemy and call him Shaebia, Eritrean, HGDEF and so on LOL
How about that Abyssinian?

-But, when someone does a good job, even if you don't like them, you have to congratulate. If you don't, you are not a man. Ali hated Frazier but when frazier kicked his ass, Ali admitted graciously.--

Hats off for the smart comment.

Doro ;180 Birr ,Beg :1500 Birr ,Bere: more than 15 000 birr ,1 kilo moose : 14 Birr and the basic Salary of the peoples still less than 600 Birr of course the so called Inflation ,as Adgi the TPLF Amice Goat Herders' Economist has prophetised, has dropped to its LOWEST LEVEL...LOL !!! Hey Adgi ,Be Hilmeh Nehu Woyes Behuneh ,WOyes Ke ETV Ye talakun Merihen raeye yetekebelkehu...LOL !!!!! Last year the Dead CM ,did tell that if there 's SHORTAGE OF SUGAR is as he Synically stated " SUKAR YE MAYAHUKEW HIBRETESED HULU ,ZARE YE SEKWAREN TAM AWKOTAL.." and recently Little Tyrant HMD has also made the same stupid statement concerning TEF as before them the Then Junta Mengistu arguments concerning Soap Shortage was that because "Abyottu le geberehu kasmetattchew delotch andu ,Geberehu Ke endod wottetto Ye samuna tetekammi wonual"...LOL !!!

Hagos,
Ante jil get out of this and join any eritrean website if u have any. What the hell ru doing here?
What u r telling us above is the reality with your fizzling country, Isayas' Eritrea

You see how toxic diaspora disappeared when they hear news.TEDDY, you have to admit this news since it is from neutral media out let.As extremists and derge remnant it is hard for you to believe it but it is fact.Koshekuasha shimagele

Long live the visionary PM Meles Zenawi!!!

When someone come out a different oppenion TPLF dogs like hagos and extrateritial barks eritheria, eritheria...you know why, they were their bi tches in the jungle, they used their sisters as a se x slaves for 30 years, soooo traumatized lol

How to control inflation mengistu haile mariam WAY.

Kill the sacker who sale above price control level shoot him dead on spot

How to control inflation TPLF WAY.

Build another cement and sugar factory.. In fact inflation is welcome because it mean more work more job etc

king haile selassie TIME

A deed make a MAN


mengistu haile mariam TIME

A salvage make a MAN

Meles TiME

A condominium make a MAN

It is amazing how Woyanes change their stories about the cause of inflation in Ethiopia. The now DEAD Meles once told us that the high inflation was due to the remarkable growth of the economy. His assertion was contrary to a simple economics theory which states that an increase in economic growth must cause inflation to drop, and a reduction in growth must cause inflation to rise. Few months later the double-talker Meles blamed the high international commodity prices for the out of control inflation. He even once declared that he will create “a lake of cooking oil” to control the skyrocketing price of edible oil. Too bad he died before he created that “lake of cooking oil”. But his legacy of deception lives on. Few weeks ago the new PM HMD said that the price of Teff is high because now many people start eating Teff. Wink wink!!! Today Woyane statistics officers are saying that inflation declined “due to rising agricultural output and government subsidies on a number of food items.” The reality on the ground is quite different. Go and check the markets. The price of food items showed no sign of decline. Prices of Teff, wheat, maize and all other food items are still very high. If there is in fact rising agricultural production, why can’t we see decline in the price of these food items. We do not have to be economists to notice how inflation affected our life. Mere lie can’t change actual facts.

Government said Ethiopia Inflation is result of many factors . one is economic growth and the other one is
- import items price increase,
- poor marketing network
-demand and supply.
Decline in inflation does necessarily mean decline in price rather it mean decline in the RATE of price increase.
I don't know why some some people upset when they hear positive news.Is it habesha jelosity

If I was not grown up in mengistu haile mariam...

I would have think the following real life story is a cural jokes.

Once up a time

In Ethiopia u have to buy salt I order to buy sugar

In Ethiopia u have to lineup for a day to buy soap... It might be finished so u line up again

In Ethiopia u only buy one bread a time and line up for day

In Ethiopia u have limited liter of gas for ur car per weak

In Ethiopia u don't right to build house for rent that mean one house per person

In Ethiopia u 12:00am curfew 12:01am u have to sleep where u r

In Ethiopia u can't buy any drink before 5:00pm...no one even dare to break this by law( I like this one)

In Ethiopia not even drunk person risk talking politics

In Ethiopia they will charge u for bullet that the use to kill ur son

In Ethiopia u need four years to get passport

In Ethiopia ur son is property of the government

In Ethiopia ur wife can be called for night meaning u can't say anything about

In Ethiopia they even can tell not to cry for son u lost by government shot out.

In Ethiopia even u will not trust our own son to talk about politics.

In Ethiopia they tells when to drive ur car... If it even number plate then u drive 3 day out of weak but on Sunday no one allowed to drive.

In Ethiopia they can searched u any place any where for no reason..

In Ethiopia it is not allowed to transport one kg of coffee without permit.

In Ethiopia the whole country is a war zone u can't drive more then 10km without being stop by army and searched

In Ethiopia u can leave ur local area if there is local meaning u have to be there otherwise u will be fined

In Ethiopia u have to register ur family and get clearance to get any kind of service from government..

In Ethiopia if u have young kids u hide him in ur house ur send him to different place to safe his life


Etc etc etc

Now do u have any question

hey ash,

i could just smell it when you say this words, because it stinks like a CUNT cause you are CUNT.

I know, i know ash the truth always hurts.

the inflation went down only because it couldnt go any higher and i dont how that is a good news for the people if the price of ethiopias main staple food such as teff is still selling for over 1500br/quintal.
this is more funnier than abebe's imaginery assasination plot, but its not a laughing matter!

Sorry Ash!!
You shared with us a horrible story ((ur wife can be called for night meaning u can't say anything about it))and i admire your boldness.

Sorry Ash for the crulity of mengistu system that made you grew up with adoptive father and you did not know your biological father. And i am realy sorry for your adoptive father for witnessing your mather abused infornt of him.

I realy understand now why you hate amara. But are sure the man (your biological father) realy amara? He can be of any one who spok amharic. Many people speak amharic.

Any way dont hate all amhara! It is good that you are open about it. And dont give all the credit to tplf. Millions ethiopians sacrificed to remove mengistu.

If you also love tplf for the wrong reason then your blind love for tplf can make you a witness for history repeating itself and you will end up being adoptive father for your wife son. Probaly this time a man from your mother side.

So i will help you to break this vicious circle. Be strong brother. The first stape is stop hating all amara. And try to make peace with your self. And nazret.com is not the nicest place for people in your position.

Will find that miserable bastard who made you bastard.I promise you!! Even from his grave.

@sami

Here is what you just said: "Decline in inflation does necessarily mean decline in price rather it mean decline in the RATE of price increase." you apparently missed the word "not" but I figure thats what you intended to say.

Now, can you please explain what you mean by that??? Please ???

I am not economist. There are many causes for infilations. But i know we use money for the service we exchange one another generally. If we think we are smart we can print as much as money so that we can buy what we want but in not time we end up like Somalia. Just google and see for yourself, you need a meter cub of somalian shilings to buy one camel. So no central government or printing money excessively without controll can be a cause for infilation.

So what you produce must be proportional to what you expend.

Ethiopians exported 2011 roughly about 1bl dollar. And the remittance was about 2bl dollar. Though we helped our family, the money we send to our family has an effect like they earned that many without working for it. And this can be one reason for infilation. If i am wrong i'll take it back, i am not economist.

For the 2012 ecm estimation is a little bitt over 2bl dollars from remittance (legal), and if we include all sorts of money sending then we can hit 4bl dollar.

The production at home must at least increase 4 to 5 times to tackel the infilation created by the remittance.

Other wise brothers and sisters just send as much as you can home. one day all of us go back home.

We imported for 8bil dollars!!

TT,

In rush to insult me u thought I was talking about my mother...but it was saying "ur wife" besided if I was born after mengistu haile mariam come to power how I know someone call my mother for meaning at night....

Anyhow I wish it is only my life story and saved million Ethiopian life... But this story is each every one of 80milllion people life stroy during mengistu haile mariam Time...

Kul, cool down mr. Know it all,...

Why don't you make sure that, you really know what you're talking about, than telling us they told us this and that, and your usual stupid sarcastic remarks. Be true to yourself dude! You're only betraying your own conscience.

Let's talk about your stupid arguement.
Do you know INFLATION's effects on economy can be in the same time positive or negative?
The negative effects include, holding money, hoarding with concerns of future price increase in goods, discouraging some investment and savings etc...
And the worst kind of inflation a growing money supply faster than the rate of the country's economy growth. Remember ZIMBABWE????
Why is our inflation had mostly a positive effect? We did some of the adjstments including our curency devaluation, to make sure our central bank CBE adjust real interst rates which could encourage investment and with a steady rate of inflation we control and reduce the economic recession that follows, by adjusting quickly the labor market and encouraging some capital investments.
Our financial authorities made sure the money supply to match our economy growth, and also reducing liquidity which could've prevented our financial policy to stabilize our economy.
Anyway we cannot go deep with economical theories. Let's leave that to the economists. And don't you wonder sometimes why the diaspora Ethiopian economists, the usual critics kept silent?
When push comes to shove, our govt is the best out there to put all the problems under control. Whatever they've done and still doing is NOTHING SHORT OF A MIRACLE!
And it is all the great legacy of our late visionary leader PM Meles Zenawi!!

Be wushet Tarede ,are you kidding you might be fool and brainwashed banda to swallow such "STUPID LIES" arguing that in a country where that 95% of the peoples are Satrving that Inflation is being regulated .Extraidiot ,you call a visionary guy a blood sucker Tyrant who has put the majority of the peoples in a life of misery .Where even having its daily Meal is being a Leisury .If you really have the Gut time to reveal to the peoples unable to feed they and their families about the good jobs of your Visionary Dead Master ...LOL !!Specially the Youth graduating from Universities finishing as Cooblestones ...LOL !!What next ,Medecine Doctors as binmen .Architects as construction workers ,and veterinary as farmworkers .Bankers and businessmen as Beggars ..LOL !!!!The Greatest Vision of your Dead Looter Master ...LOL !!!!!

Sorry Ash!

Why you call it insult! It is not your fault. You can not choose your father. It is not all amaras fault either. It is mengistus system.

Look how it made you turn out. You are in amess! You even forgot 12am is morning.

@AZ

I simply stated what our leaders said about our inflation at different times. I am not an economist but I took some economics courses in college and I know for sure that a double digit inflation rate is no good for our economy. The IMF and many economists say that our high inflation rate is hurting our economy and our people while you are saying that our inflation had mostly positive effect. So, do you consider the outrageously high price of foods and other necessities a positive effect of our inflation?? You call allowing the inflation to go as high as 36% NOTHING SHORT OF A MIRACLE!?!?! All I can say is Wow!!!

Sorry Ash!

I told you with your condition this site is not good for your confused brain because your new pm has said Ethipoians wer 25milions in 1984 and now you tell me we were 80millions in mengistu time. tplf facts and numbers are always adjusted to fit the propaganda.

PS: Thanks for the Big Sale in 2005, you did not ask for the bullets.

Kul,...

If you accept the report of the inflation going as high as 36%, why can't you accept the above report? It is brought to you by same news source.
Are you born only to celebrate negative news?

AZ
I would gladly accept the report if it does match with reality. Unfortunately, it is far from it. You and I know that the price of food keeps climbing. But GoE Says inflation dropped from 36% to 12.9%. And you want me to believe that? I wish I could but I can’t because it does not make any sense. As I said earlier mere lie can’t change actual facts.

p.s.
check my comment on Yilma's article to get answer for your last question.

This is the joke of the week

Mr. Aaron Maasho
He is undoubtedly the stage clown for the Shifta thugtators.
kikiki.....
If this is not comical I don't know what else is!!!!!

*********************************
To all the Ethiopians melkam Yetimket Beal to us all.
*****************************

@Addis zemen! You tried to counter argue @Kul. Your arguments centrally took to match money supply with investment and saving issues.

But you are missed! If authority supply more money to increase investment like for house construction, the rent should not increase. There are more details but generally your argument is not cogent. Reality shows that people are suffering from high living costs due to inflation. It is not a matter of appearing in a meeting and talk about decrease of inflation. Rather it is a matter of indicating the impact of the inflation!

What I can assume about you is that, you simply misleads in a forum but when you go back to your family, you are the first person to cry being you cannot afford the high living costs. But in a forum, you might be nominated to argue fallacious.

@Sami
I am sure that you don't have a clue how to grasp a RATE. Just to be specific, can you indicate the base year price (more hint to you the tend!) you may based on?

Kul,...

When I tried to explain to you about what was going on back home with economics stand point was, just a simple misunderstanding of a diaspora denial pron like you, after I read those other comments of you on the other thread, thinking you could be different than the others, with a descent integrity. I guess I'm wrong.
It didn't take you long to fall on that safty net of the diaspora FOOLS & IDIOTS, DENIAL!!
As long as you people keep denying, ALAYENIM ALSEMANIM, ejachihun temzizen woyem ende dergue betemenja eyasferraran anasaminachihum.
EPRDF is a govt of show and tell, practicality!!
Everything is out there for you to see!

BTW, stop that childish and immature question of, where is the growth? Why are people starving? Why is everything expensive bla bla....

All woyane cadres need to relax. take a laxative or two, AZ in particular.

The Eprdf/Tplf economy is unlike anywhere in the world. Inflation droping from (billed by the IMF) 36% to 12% (according to the GOE) Negro Puuuuuuleassssse.. Now not to rain on your parade AZ, like you said you are not an economist and Economics is nothing but hypothetical science, theory, even the proven theories fail at times. No one can accurately say the outcome was due to a certain action taken by the GOE on may occasions. As this growth of 11% straight for the past 7 years while receiving 4 billion in aid, over 2 billion in remittance, people still can not afford to by bread. To top it all off, the GOE has always lied, cooked the numbers.

However, if true it is good but it is doubtful based on the fact of high unemployment, high food prices and high prices over all. Imports are as expensive as ever so are domestic products. People are hungry, poor and can not afford daily necessities, medication, health care, transportation.. even coffee which is a cultural part of Ethiopia. Based on this they are telling us..
"Ethiopia's economy is expected to maintain a growth rate of 11 percent in 2012/2013, the seventh consecutive fiscal year of growth, according to senior officials. High coffee earnings in the past few years have boosted the economy of Africa's biggest coffee producer, as have rising gold, oil seed and livestock exports.."

So, with all this going on 'excuse moi' if I have doubts.. it is because our people's living standards spiral downwards every year as the economy grows, they can NOT afford to live in their own country they have to migrate. We see buildings and roads but for young graduates, no jobs, exported to the middle east or become cobble stone cutters as PMHMD stated. No middle class, a state with no support system for the poor, a self nominated dead PM ending up with over $3 billion bank account. Yap we are growing alright AZ, with a few leba billionaires, more than a few millionaires who feed the Tplf system, we are growing right in to the pockets of the few. When you look at the big picture, you see a mafioso and not a government.

Again, nothing personal.. relax AZ and woyanes, this is not about being the opposition in the diaspora or not but because the numbers do not add up. It is a lie. The inflation rate in Ethiopia is above 30% by what we see in real life. By the way, you print money you increase inflation and Eprdf is doing just that to pay its supporters while stealing the aid $$s. The birr is worthless. It devalues because of too much birr in circulation and not because of a monetary policy of the GOE. If they do that.. according to classical economists, prices would adjust.. rather, they are going up badly. So AZ, your great leaders are lying to you. Just stating the facts and one must stay neutral to see the reality on the ground. You woyanes are biased towards your group so badly and blindly, it is totally ridicules.

EthioMan!

The steps taken few years back are showing good results now.A pragmatic leadership can achieve its targets with good fiscal and monitary policy.

The wedding of Teddy and AGAZIT WOMAN

In Ginbot 7/11 Mr. Teddy proposed to AGAZIT WOMAN... Gladly AW said but in one condition we have to have have a very big wedding..

As u know it Mr.Teddy flip and go banana shouting at her... Do u know the price of
Doro ;180 Birr ,
Beg :1500 Birr ,
Bere: more than 15 000 birr
and my basic Salary is still less than 600 Birr

AW :- said I have fiend that I can borrow money relax.. I have people in high place I will hook u up.

Teddy:- breath in relief...

Aw:- u job is to invite the people u take care of that... Can u do that for me.

Teddy:- how many people do u want to invite

AW:- around 300 guests

Teddy:- worried little and said why not invite once we got the money

AW:- don't worry I know high roller in high place... Pls let me do this... If u want we can go see him/ her next weak together if that make u feel good.

By next weak as u know teddy doesn't trust anyone so he didn't invite no one before he got the money

unlike Teddy AW kept her promise and call Teddy... And mr. Teddy managed to avoid answering Ms AW question

Long story, short AW and Teddy went high roller government officer

The officer introduce himself/ Herself As Addis Zemen

AZ talk about how every thing goad and how he is high flying, high rollers etc etc

As I know Mr. Teddy he doesn't trust now one so ask directly can u give us money to cover 300 guest

AZ... Yes I will give taker off every thing Ms. AW my lost sister any thing for my sister

Teddy still doesn't buy it so he ask when can we get the money

AZ ask when is he wedding?

Teddy:- Ginbot 7/11 next year

AZ:- okay come back next weak

The same night Teddy called 300 guests before AW found out.

Next weak Mr. Teddy went to AZ office that look like palace by himself without AW

AZ was not there his secretary said for high level meeting he fly out to china, India, Arab nation he will come back after one years exactly one year for their wearing.

And the secretary have small box for AW and Teddy to take home and open it.. Before that AZ put only one condition to change the weeding date to 20 Ginbot... Mr. Teddy sign fast and run with small box..

As u know Teddy he run to surprise AW... As if it is his money

Anyhow they open the small box only two find 12 eggs..

A note say if u believe in Meles miracles...

Teddy lost it this Meles guy think he is God... I told u before we should get the money first before we call all those Guest

AW:- said with cool head we pay blood to have this miracle called freedom and free speech

teddy:- we don't eat freedom the guest can't eat freedom we need bread before freedom

AW. Okay, okay let's go to Ash if he can help

Teddy:- Ash is 8 grade drop out... He doesn't know English so I will never accept help from

They go to mr. Teddy friend hagerAmhara and TamRAT... Even TamRAt could not help them so Mr. Teddy giveup and went to see ASH

Ash help them and all 300 guests entertained the question is how?

The answer is very simple... Don't every tell me it was simple once I answer my question...

@Addis Zemen
Those who have made it their purpose to discredit will stick to their mantras regardless of proven facts. You made a good observation where you pointed out that the very high inflation rate was jubilantly accepted as a proof of the "inefficiency" of the Ethiopian government but when the same government is coming close to a one digit inflation rate then there is a big question mark on the authenticity of the figures!
Ethiopia shall prosper!!

Hagereethiopia,..

HaHaHaHa!
Oh no, you went back to your tej bet. Wow! I thought you were sobber the last few days. Why? Why? You need to come to your senses. Whatever you say doesn't make any sense at all.
I wish I can give you some more facts. But seems like pouring water on a granite stone.
You're like "tatibbo chiqa neger", no matter one wastes time and labor to clean you, you're the same disappointing dirty useless street rug. Contradicting yourself in your little quibicle like denial world!
WUHA BIWEQTUT ENBOCH!!
Keep on hallucinating in your fantasy world. And when you wake up, remember to clean yourself up. Loser!!

WOW!!!!!! addis zemen [Visitor] ,Ash [Visitor] ,hagos [Visitor] ,and TEDDY [Visitor]

My question to you guys or gals is, What do you do for living? It seems you spend enormous amount of time criticizing each other. are you some how benefiting from calling each other ugly names?? what will happen if the discussion was lets say in a theater or public place ? I wouldn't guess what the outcome would be. Grow up!! because we are in cyber world it doesn't mean we have to be mean. Let us have vivid discussion we might learn something from one another.

Question:-

Why our birr lost value?

In 1984 2 birr worth one dollar
In 2012 18 birr worth one dollar

Answer:-

If teff is 200 birr in 1980
If teff is 1500birr in 2012

Question:-

Which is more expensive?

Answer:-

To find the answer we convert both in dollar

200 birr worth 100 dollar
1500 birr worth 75 dollar

Question:-

Is price increase is Good thing?


Answer:-

Yes! For example because of cement price increased we build cement factory..if the price is going down we will not built one... Same with sugar... As soon as new cement factory built the price go down


Question:-

How about basic food like teff


Answer:-

If u r teff farmer u enjoy the price rise... But if u live in fixed income u might be affected

Solution:-

In Ethiopia in one family one father might support ten family... I say anyone who reach working age must work. Second limit ur family size...( just because u have ten kids the farmer can't feed ur family) ifu can't afford them don't have them


Question:-
In 1980 one track load of cement the whole track cost only 400 birr but today only 100kg cement cost 400 birr... So which one is good

Answer:-

More powerful birr are not good for economy... It might mean high unemployment.. In case of track load of cement worth $ 400 that might be good but no one allowed to build house so no economy activity no need for cement... To day we have shortage of cement because the economy is over heating

Question:-

Why currency have different value birr vs dollars

Answer:-

In short birr represent the value we added over time... Value added mean the work we do... If we did do work the value of our birr decrease.

For example we didn't built any thing for last 17 years in Mangustiu time... That doesn't mean because we didn't work during Mangustiu time the job will go away... Whatever we did do it will become back log for next year.. That means for 17 years we have back log of work to do.

Example:-

Let say every years we need one million house... If we didn't built one million house every years then after 17 we still need 17 million houses. So we can't not destroy the need hence today we only managed to built one million house and we have 17 million demand hence the price go up unit we built 17million house..

Another example if we need road that connect Addis Ababa to Amhara region but we didn't built it 20 years ago that do not mean the need go way.... In fact we would have been batter of we had built it 20 years ago when the inflation is low

But if we do job long time ago that job will add value to our birr.. For example we built bridge 20 years ago that bridge still give us service hence add value every time we us it... Even a work 5000 years give boule today in case of Egypt...


Question:-
Now we now we have good inflation meaning e have more demand the supply... What can we do

Answer:-

Use technology to produce more... In teff case give the farmer modern technology that easly improve their out put by ten fold is that the case instead one producing 100kg teff and sale it for 1000 birr he can produce 1000 kg teff and sale it for 500 birr and still make 5000 birr and buyer and farmer happy ( when I say modern I mean locally produced simple machinery to do the job)


Question:-

Do any thing effect the price rise

Answer:-

Yes our economy activity make the price rice... More worker more income more demand the price rice.

For example we build road... We need workers we pay them the have to eat then they buy more buyer less supplier in short time the price rise..

U might thing why just the farmer increased production. This take time beside cost of production is going up he have to buy fertilizer at high price in the end the farmer might not benefited because of the price increase.. To solve this problem the farmer must and should us natural fertilizer... It is beyond me why poor country Ethiopia import fertilizer worth of 400 million of dollars we could have use the same money to erect one neutral fertilizer producing company.

Question

Is there any down side to inflation

Answer :-

The more road we built the better but that is not the case we might go broke if we keep on building road..

How? We borrowed 100 million dollar to build road it would be nice if road building material found in Ethiopia but we borrowed 100 million and give it back to them because all road building material are come from them.. Example we import asphalt we import all machinery that we use for road building we import gas to run the machinery ... It is funny once we finished building road that road should have make us money instead we buy long after we finish road building the money we borrowed. So the new road cost us I instead of benefit us... This is like we buy new car from car dealer and we pay for it for ten years yes our income goes up because we can go farther to make more money but the money we make doesn't go to our pocket instead goes to the car deal... That means we work for car dealer not for us.

So what is the solution one large scale Asphalt roads cost 500 million dollars instead of building this just one road why not build one cement factory that produce more cement then use this cement to build road instead of using imported asphalt this way we increased our boule of money by keep it locally..

I can mention many way that we can safe this way one of them is hotel industry... We think we might get more tourist but if the tourist buy imported beer instead of local bear them what ever they spend in Ethiopia goes back to USA because we have to pay for imported items.. So big hotels must think creative way to sale local beer and food instead of imported... Even most item in the hotel are imported so again the same effect.

Ash I agree with most of your points in fact in the late 80s the real rate was $1 to 10br. The people either go to black market or simply laundry the dollar by exchanging it with be. So the devaluation from the fake 2br to 8br was right. But now it is 18br. What happened?

Offer u guys can't refused:- to Mo Money-Ethio, Bichinchiru, TamRAT, and HargerAmerican

Do u want to kick me out from nazert.com it is very simple... I am very tired I am looking for exist... So I offer u a deal just go and read about teddy and AWoman wedding party. and tell me how they manage give a big wedding party for 300 guests with only with 12 eggs...budget ...answer this and u will see me no more.


Question:-

Remittance power:-

What is an effective way to use remittance?

Answer:-

Invested in share company such as sugar company, cement company, bank,instead of sending the money directly to ur family. Once the share matured the divdent will be the income of ur family...for example if u invested ten thousand dollars in one of company and lets assume u get 2000 birr income per month as long as the company existed... The fun part is ur 10,000 dollars is safe any time u want u can withdraw the money out of the company share...


Question:-

We going to flood the market with sea of oil! Is this a realty?

Answer:-

Once American Leader said we going to reach moon, but no body said he is crazy... So why r we impossible generation... Why we think it is next to impossible to flood the market with sea of oil. Oil pressing is required very simple tools any one could do it... In sea of unemployment all we need is oil stead what Ethiopia have in large quantity... U take this oilseed and press it u get oil...now what is special about this... Ethiopia exporting oilseed and importing oil is like Ethiopia exporting milk and importing butter and cheese


Question X

. So the devaluation from the fake 2br to 8br was right. But now it is 18br. What happened?

Answer:-

You can't based ur economy on black market... Anyhow devaluation started slowly I remember birr was 10 birr then grow to 18birr..

Lets assume dollars is 2 birr instead of 18 birr if teff is 1800 birr u will need 900 dollars vs 100 dollars so devaluation make Ethiopian product much cheaper.

The flip side is

If 200 birr = 100 dollars

If shoe cost in America 100 dollars

If shoe cost in Ethiopia 200 birr

Then u can still import American shoe and make money

If 1800 birr = 100 dollars

If shoe cost in America is 100 dollar

Now the same shoe cost in Ethiopia 1800 birr

Today in Ethiopia u can buy good quality shoe for 200 birr even 1000 birr cheaper and this help the local shoe makers to make more shoe and invest more...

Recap:- we can export more and import less if we have weaker birr...

It also allowed local producer to import machinery more instead of importing finished good... As I say because of weaker birr it would be more expensive to import finished good.


I have many thing to say about high cost of housing and land Part II

Kul,
Coming.Sorry for late reply.I am not economist rather i am ground technician by profession but i have basic Econ 101 knowledge so I can explain to you.36 inflation mean an increase of price by 36 percent from some point of reference(this point of reference is price index and set regularly)similarly,12 percent inflation mean 12 percent price increase from that point reference.There fore, both are an increase in price from the given point of reference but the rate of increase is decline from 36 percent to 12 percent.Some level of inflation is normal and healthy since resource like land is limited while population is increasing under normal condition.

Ash [Visitor] The question I posed to you and others is not about the value of the Birr or I am not asking you how the market system works. It is all good if you want to talk about an economy in general but my question was why are we calling each other nasty names? I love to see a constructive discussion without being mean to each other. we all can contribute valuable ideas

To Addis Zemen, I think you are one of loyal TPLF and spy. You are saying that because of accountable leader the inflation decreases. First of all you accountable leader should subsidized inorder to control inflation. I think your leader collect taxes from every source but the money deposited in foreign bank by your corrupted visionary late leader and his junta. They did not care about the poor people. They did not even ask how people afford to buy food. They only care about their politics. I understand from economy 101 that supply decrease and demand increase= inflation but if the government involve to control inflation they should do what mengistu did. To Ash, I agree with you about invest in company that is profitable as long as the company is good. People who invested in apple made millions of dollars. When the minimum wage was 50 birr, The exchange rate of dollars was $1=2.07 so house maid paid roughly $25 dollars. Now the exchange rate is $1=18 birr so the maid should be paid 450 birr per month.I am not sure how much they get paid now. Government employees who used to get paid per month 300 birr when the exchage rate was $1=2.07 which means they should get paid by now the exchange rate of $150 dollars. For example if you work for OAU, you used to get paid 3000 birr is equivalent to $500 dollars when the exchange rate was $1=6birr now they get paid the current exchange rate around 9000 birr per month. From the above statement the employee get paid what they used to get paid but the current exchange rate. The government should do the same thing when they devaluate the currency. They should pay the employees with the current exchange rate so they can afford the inflation. In 2007 the exchange rate was $1=9.50, one teacher told me she get paid 1000 birr per month which means $105.50 per month. The same teacher should get paid around 1900 birr per month with out increasing her salary so she can afford the inflation. I do not know how much elementary teachers get paid per month now.

Wow... AZ, bravo. You have out done yourself on insults. You, boy... are the best insulter, if there is such a thing and a word... you have won the argument. Keep up the good work and I hope Tplf pays you well. I hear being a spy pays well, better than being an assassin.

Good luck with your avoiding the issues.. you seem to have developed a knack for it.


addis zemen [Visitor]
Hagereethiopia,..

HaHaHaHa!
Oh no, you went back to your tej bet. Wow! I thought you were sobber the last few days. Why? Why? You need to come to your senses. Whatever you say doesn't make any sense at all.
I wish I can give you some more facts. But seems like pouring water on a granite stone.
You're like "tatibbo chiqa neger", no matter one wastes time and labor to clean you, you're the same disappointing dirty useless street rug. Contradicting yourself in your little quibicle like denial world!
WUHA BIWEQTUT ENBOCH!!
Keep on hallucinating in your fantasy world. And when you wake up, remember to clean yourself up. Loser!!