In Nigeria for example, POS operatives and commercial bakers are the most valuable people in the country, because of their ability to provide fiat for people
Was just coming from a POS operator. For each 1000 naira, she charged 300. I just need some money to pick up few things but for the high charge, I collected just 2000 naira.
Before you wrote this post, I told someone that this problem wont end soon because bank managers and top politicians will make it big business and it seems I unfortunately might get the prediction right. That is same with everything that has failed in this country.
Now, these guys who were given this money are enjoying the benefit of a rotten system, if not, they'll all be in prison or court, giving accounts of how they spent that money.
Corruption is now the thread holding the very fabric and running through every point of the Nigeria economic system. Its so unfortunate that we wont widespread change soonest, but I hope we might get there - I just hope.
It's a losing game for people who are always at the receiving end of every bad thing that happens.
All the bad effects of this decayed system is suffered by good people the poor masses. Hope sometimes seem elusive.
I just try to work hard personally and try to be the change I want. That is just it.
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It's saddening, I'm just coming back from the market as well and I needed cash to give to a person who has been visiting me for a week now to travel back and it's just unbelievable to know how I suffered today before I could get 5000 naira to give to this person. I think this cash crises might linger for a very long time even if people can now spend old notes, there aren't even old notes in the country anymore.
Politicians and bankers are in liaison, hence the bankers will be giving politicians the biggest share of the money.
We have voted an effigy to rule us because of tribal sentiments, I think we just renewed another 8 years of suffering and we have to prepare for the worst.
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