Saving Money

Anybody ever walk up to you and give you money?

Anybody ever walk up to you and give you money?

This has happened to me more than once we're a complete stranger decides to bless me with some money after some event that happens in their lives where they ran into some unexpected cash or a big win.

The likelihood of receiving money from a random stranger on the street or in public spaces is generally low.

The probability of receiving money from a stranger depends on various factors, including the context, the individual's intentions, and the circumstances surrounding the encounter.

In many situations, it is relatively uncommon for strangers to give money without any specific reason or motive.

In my case, I was a ride share driver and these people were my passengers. The gift was more than just a tip. there was a story behind it as you will discover in articles related to this twenty dollar bill.

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Currency Exchange: All of this Haitian money is only worth about 50 Dollars US

Currency Exchange: All of this Haitian money is only worth about 50 Dollars US

June 2019, The Haitian currency is approaching 100 gourdes for one US dollar. All of this Haitian money you see here, it's only worth about 50 dollars US.

If you count it, there is 5,000 gourdes here, once upon a time it was worth about 1,000 dollars US, nowadays it's only worth a measly 50 bucks!

When I was growing up in Haiti, a U.S. quarter was 'Goud e ka' (1.25 Gourdes) and 5 gourdes was equivalent to ONE U.S. Dollar. it was written right on the currency. Read more Haitian Money - Why has the Haitian currency depreciated so much in value?

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Haiti's Economic System - Flow of Income is FLAT, not Circular

Haiti's Economic System - Flow of Income is FLAT, not Circular

Look at this chart of the Haitian Economic System, the flow of income is flat, it is not circular like in growing economies...

In the Haitian economy, households interact with MERCHANTS who IMPORT goods for household consumption from outside countries.

The money, which comes in large part from the Diaspora, never stay long enough in the Haitian economy to change hands and grow.

Read the related article below: Economics - In Haiti, The Flow Of Income is NOT Circular, That's why we are so POOR

What do you think about that?

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