49:54 this guy is such a gem.. If you over tax away the private sectors' earnings, you basically reduce the money in the economy. This can lead to unpleasant consequences like recessions i.e. like when the US government chased a surplus by over taxing, and that led to the recession that started at the end of 1929...The Ugandan government doesn't know that it can just create the money to provision itself within the economy, rather than generate it from taxes.I would recommend BOU and the government to listen to this gentleman...
@sjoncb
4 ай бұрын
For the sake of reflection, what if Uganda does know that it can create its own fiat currency, however it is stalled by the international community, i.e. IMF, WB, Europe/US?
@bugandayennyaffebugandamyk9212
2 жыл бұрын
Thank you Professor
@tibihaburwayoweri7117
11 ай бұрын
Thank you professor.
@bobm8637
2 ай бұрын
This man is brilliant. I don't even know how our financial system in Nairobi is surviving... It doesn't make sense with all the banks and even more mobile lenders including the government through these Ruto hustler loans. 🤔
@quintinfranklin9168
2 жыл бұрын
Brothers are intelligent in Uganda!
@quixoticonetheentity3885
2 жыл бұрын
Enjoyed the presentation of information What an eye opener👁👁
@sjoncb
4 ай бұрын
Dr Kihura Nkuba breaks this down brilliantly. Well done! 🟥⬛🟩👊🏿
@kuteesabisaso6848
2 жыл бұрын
I can't believe this is a 2019 video. Very informative, perhaps too informative!
@Jay_Bless
4 жыл бұрын
37:44 ...because you have confused me enough.
@aehardy8309
2 жыл бұрын
God bless you sir
@rogerst.lwakataka3225
3 жыл бұрын
very poor audio quality but great info out there
@emmanuelmushabe
3 ай бұрын
Why can't he be given a ministry to head it
@Amber-nd5zk
2 жыл бұрын
Host this gentle man again especially in the issues of black race over other races even economics.
@kampalatakeaway3428
5 жыл бұрын
Audio is so low🤔
@papacheezie2838
2 жыл бұрын
GRAND RISING GO OUT TOO OUR AFRKAN BROTHAS AND SISTARS AKWAABA FAMILY 1LUV GREAT CONTENT AND GREAT VIBRATION AND INFORMATIVE KNOWLEDGE 👍 BLESS UP 👍 🙌 🙏 ASE ' ASE ♥
@muramirajunior6787
5 жыл бұрын
the volume is very low
@abrahamwolde8039
Жыл бұрын
AND POOR QUALITY
@peterjsankoh6857
2 жыл бұрын
Hi the volume is very low we can"t get you clear sir.
@Karyabs
5 жыл бұрын
Remove and upload this video again please. Volume too low
@namanyanelson4341
Жыл бұрын
The man has facts
@arineitwemoses297
4 жыл бұрын
Kihura Nkuba nomushaija.Mpaka Tz nitukuhurira
@tukashabajohn3786
2 жыл бұрын
Wonderful presentation dear Sir, All you talked about has come to pass
@philipadule7253
3 ай бұрын
This left me wondering. Why does the central bank borrow from the commercial banks yet they can create the money? Why doesn't the central bank create all the money that they need and using credit allocation have it sent into production? Why over tax people for money yet you can create the the money you need? Last but not least, why build the express highway yet a train from Kampala central station could have solved the problem? The list of questions goes on...
@gitgen1887
2 ай бұрын
Are those pajamas 😅
@festomajor6086
2 жыл бұрын
When there is a serious topic to teach the wana inchi the audio becomes fake
@frankmumford2701
2 жыл бұрын
Africa means 2 lands separated ..Just as Hebrew means to Cross over. ..Abraham and Sarah Were named them names when they cross Tigris and Euphrates River ..That's when They were given the Hebrew Name ..True African Name is Ethiopia
@___19965
2 жыл бұрын
Lol this video should having more views 🤔🤔
@gitgen1887
2 ай бұрын
Mmmh
@KenyanRebelutionary
Жыл бұрын
I hate the interruptions by the interviewer…it’s annoying….let he professor finish his points and examples
@GOOGOBAZI
2 жыл бұрын
But the banks follow the double entry system and they strictly regulated by the central bank not lend beyond a certain ratio of the deposits
@quintinfranklin9168
2 жыл бұрын
Yes, fractional reserve lending.
@simonnuwahereza6464
3 жыл бұрын
Host him a gain
@tukashabajohn3786
2 жыл бұрын
But the truth is that cryptocurrencies are soon letting down the existing bank system unless they accept CBDCs, they are finished 🤔. Block Chain technology is inevitable to fight and defeat, the only way forward is to embrace and move on.
@Box-Box-gadgets
2 жыл бұрын
But it’s digital and it’s what this guy is talking about. It’s a myth, just created, have you heard how recently it’s going low?
@Box-Box-gadgets
2 жыл бұрын
In fact here in China it’s only the government who will control the e-currently ( digital money), which is better because it’s controlled.
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