How comes puntland aren’t called out by reer somalia for their printing of the Somali shilling?

If any other clan done this puntites would be going mad. How the hell is the exchange rate for 1 dollar 43000 shillings?

How can you share a currency with such people?
 

Manafesto

[Beeldaajiyaha Cali Saleebaan]#PIM#N&NDown
So the warlords and cartels in Mogdishu Bakaare market can print Somali Shillings but Puntland authorities can't !:draketf:
 
Puntland took on a lot of debt from Hiiraan farmer produce then paid them back in fake currency devastating Hirshabelle's economy and causing even more inflation to the currency.

Before that event Somali shilling was remarkably resilient and amazed the world on how it was still functioning.
 
Good thing is though you can tell the difference between the original Somali currency and fake currency from PL. So it hasn't completely destroyed the currency.
 
Well this started happeing since 2012 before then everyone just used cash. Now everything is mobil banking and the Puntland shilling does not work in Galkayo.
Using dollar has devastating effect on the poor, it wouldnt be sustainable for such a poor country to use US dollar. Better to fix the infalation or bring about a whole new currency.
 
Last edited:

sincity

Regent Park
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If any other clan done this puntites would be going mad. How the hell is the exchange rate for 1 dollar 43000 shillings?

How can you share a currency with such people?
Puntland took on a lot of debt from Hiiraan farmer produce then paid them back in fake currency devastating Hirshabelle's economy and causing even more inflation to the currency.

Before that event Somali shilling was remarkably resilient and amazed the world on how it was still functioning.
The fake shilling already existed and was printed by Mogadishu warlords heavily in 1996 and in 2001 so pinning it on Puntland is nothing but bullshit.
 

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