RE: How A Bogus Spending Culture Influences Market Rates; An Huge Issue For The Nigerian Economy? (3speak version)
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Sometimes the intent of spending is one of the reason why we have irregular market prices despite the fact that there is no scarcity. People sometimes spend to impress or oppress and this is why products and services sometimes go for an incredulous price that they are actually not worth. This is actually bad for the economy and the fiat currency of a country like Nigeria but then it is why we are experiencing so much inflation and even some denomination of the nation's currency it's already out of use. Thanks for stopping by.
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Ohhh... This is something that I've noticed and it is something that every other person should have noticed but many people still tend to act as if they do not know the effect of all these reckless spending on the economy as a whole
One of the things I believe is that I won't just buy anything for the sake of making a good impression to someone. I buy what I need when I need it and I believe that the Nigerian economy would have been better if we all decide to do that.