An active black market is a natural consequence of attempting to control the exchange of fungibles.
And the true price of the fungible is the so-called "black market" or "parallel market" price.
The true price of a commodity is that price which a willing buyer will offer and a willing seller will accept. This is particularly true of fungibles.
Money is a fungible.
1 posted on
12/14/2002 3:43:19 AM PST by
Clive
To: *AfricaWatch; Cincinatus' Wife; sarcasm; Travis McGee; happygrl; Byron_the_Aussie; robnoel; ...
-
2 posted on
12/14/2002 3:43:43 AM PST by
Clive
To: Clive
It is 'Written'; No government has survived abolishing
their Black Market.
To: Clive; TEXASPROUD; Jeff Head
I wish there was some way to get Cathy's book distributed via Amazon and B&N here in the USA. Is it printed in South Africa? Can it be shipped to the Amazon warehouse and distribution center in Georgia? If it was available on Amazon, I know that it would sell, which would help Cathy directly as well as spread the word of Zim's plight which is being totally ignored in the US Media.
To: Clive
A wide spread between the official and unofficial rates is also a way for a corrupt govt to loot and plunder a nation by buying up land and valuables at fire sale prices (to them).
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson