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RE: ADSactly World - Venezuela’s Looting Through the Currency Exchange Control

in #world6 years ago

It has always been very bad situation when government control the "currency flow" in a country. That of Venezuela is not far fetched from the Nigerian scenario. When they control this things they make it available at the black markets who they also provide securities for in other to sell it in a secured environment while the citizens continue to languish in abject poverty. It is pitiable that this same situation is happening in Venezuela and some other African countries.

Currently in Nigerian its not the same price you buy dollars you sell it, reason being that at the bank its not available for buy but you can see them a very expensive prices at the black market. The government are our problems, polices that only favour them are what they implement they ones that doesn't favour them becomes mere window dressing.

The poor continue to get poorer, while the rich are getting richer.

I want to believe that someday the right people will come into power and do the right things.

@dedicatedguy thanks for reviewing

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The government are our problems

I agree, good thing blockchain technology is offering us new opportunities.

Thanks for your kind words.

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