sero wrote
Are you saying that people who are converting USD to LBP at 2,000 on black market are greedy?
The black market IS the real market (supply and demand) price of LBP, and not the 1500 fixed Bank price.
First of all, 1500 is the
official price. Is that not how centralized currency works? Market price for currency is applicable in decentralized currencies such as bitcoins.
Second of all, I wouldn't say greedy. People are looking after themselves and you cannot blame them for that. Salaries in USD are half what they used to be three years ago and prices are higher. This needs to be fixed by the government so people don't need the extra 500LL. This is the government's fault.
I knew someone who worked in support for an IT company earning 1000 USD a month handling over a quarter of the accounts. They didn't renew his contract and hired someone to do the same task fro 600 USD.