Two days ago, one of my consistent clients asked me, “I also heard CBN has floated our naira. What is the implication of that? Does it mean devaluing the naira?”
“That decision, the implications can’t be known yet until it goes active next week. It may make things worse.”
Expectedly, I’m supposed to give a better answer because economist.
That economist label on me is a joke. A fat one. Of all the labels I’ve agreed to wear, this is a no-no.
Few friends of mine are economists; many of my colleagues are.
I admire how they plot diagrams and explain theories with big big grammars; my vocabulary is proud and I believe they’ll do well in the society.
Some must’ve scoffed when they read the paragraphs above; I think if any did, s(he) should go and scoff at most of the lecturers that taught us in school.
I reached out to my friend this week. She’s an economist. I love her brain and will eat it someday.