![money2159310_1280.jpg](https://i.imgur.com/BHmY9Gs.jpg)

###### [Source](https://pixabay.com/photos/money-bank-note-currency-euro-2159310/)


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In the Nigerian public and private sector a lot of people are bargaining to have the minimum wages increased, while in the private sectors many are also fighting to have their salaries increased and the most ironic thing is that no matter how the minimum wage is being increased it would always feel like collecting the same amount of money every point in time despite the constant increase in salaries of private and public workers. 

This is because money isn't the issue, the financial policies are actually the issue, inflation is another thing and of course the trend of demand and supply that will always be there. It's quite easy to manipulate fiat currency and the value it holds and how it appreciates or depreciates. 


Government on their own needs to subsidize the prices of essential services rather than increasing the minimum wage. Many wholesaler and retailers in the market are always following the trend, whenever there's an increment in maybe salaries or consumers begin to show signs of good living, the next thing they actually do is to increase the prices of goods and services. 


So as wages or salaries increases, there's manipulation of prices which means that the increment on wages and salaries will actually have no effect, it is the reason why a lot of people are earning reasonably well, but then they're static. 


They cannot save, buy properties, invest in other ventures or own savings for futuristic purpose. To the government and the heads of private organizations, they feel they're increasing the salaries of people, meanwhile this isn't so. One of the reasons why people slip into poverty is not because they don't have jobs, one of the reason is that earning really well but spending too much on humanistic basic survival.


 A lot of the Nigerian population are working to feed and not really working to save or plan for their future, this is evident on why people continually seek for increment as prices of goods and services take a huge leap. Feeding, clothing and shelter is the most expensive thing in Nigeria and anyone who can comfortably do these while still growing exponentially when it comes to their financial would actually have multiple streams of income to beat the inflation and not dependent on paying job to survive. 

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![value3674426_1280.jpg](https://i.imgur.com/XcW16mi.jpg)


###### [Source](https://pixabay.com/illustrations/value-income-balance-low-increase-3674426/)

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In the country, we have people who are working and the people who are earning. The people who are mostly earning are profiting from the hard work of those who are actually working, while those who are actually working are not incentivized enough for their efforts.


 So, this is why the government isn't so keen on having its citizens allegedly earning money unorthodoxly *(i.e, crypto)* there are people who are using Poverty to control the masses, they take advantage of the unemployment to actually pay people less for their invaluable efforts. If a lot of people in Nigeria were financially capable they'll recognise when they're being ripped or when they're being taken advantage and be forced to make a change. 


This means that poverty or lack can have positive or negative value, as it only depends on who is going through it or who is benefiting from it. In many other countries too, increment of salaries have no effect whatsoever, especially when there's no economic system put in check to subsidize and control price actions in the market.

Many people are profiting off the already inflated market to cause more artificial cost-push inflation due to the fact that there are no systems in check that should regulate the system and actions from the manufacturer to the end-consumer. Capitalism on its own is prone to manipulation, especially when manufacturers can inflate prices without any reasons rather than profiteering alone. 


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> **Interested in some more of my works?**

##### [DeFi In The Nigerian Space; Controlling Finances You Can Understand?](https://hive.blog/hive-167922/@josediccus/defi-in-the-nigerian-space-controlling-finances-you-can-understand)





##### [Understanding Cyclical Responsibility; Making A Case Scenario (3Speak)](https://hive.blog/hive-148441/@josediccus/spwdwoia)



##### [Comparing Asians & African Food; What Determines The Unique Eating Habits Of Most Nigerians?](https://hive.blog/hive-181017/@josediccus/comparing-asians-and-african-food-what-determines-the-unique-eating-habits-of-most-nigerians)



##### [The Stench Of Change (An Original Poetry)](https://hive.blog/hive-120078/@josediccus/the-stench-of-change-an-original-poetry)

##### [Some Of The Most Unique Things About Schooling & Living In Lagos State Nigeria](https://hive.blog/hive-199420/@josediccus/some-of-the-most-unique-things-about-schooling-and-living-in-lagos-state-nigeria)


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![IMG_20210621_075339_422.jpg](https://images.hive.blog/DQmNNZD778QAdSMBic5osZ7wLTUYrt3WoAkKPQwxppnXVDP/IMG_20210621_075339_422.jpg)











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**My name is @Josediccus, a young Nigerian student who is a Vlogger, A Psychologist, Poet And Sports Writer/Analyst. I'm using my contents as a process to create shared meaning as well as create expressions through which people on/off hive can relate. I believe content is a process to be enjoyed and relished and I'm up for any collaborations in my field stated above. Cheers**


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#### @Josediccus, your brother-in-pen & heart

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*I'm hoping to reach more people who are broken at heart and spirit, so share on any platform or reblog*

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### <center> [My Twitter handle](https://mobile.twitter.com/PERCIVAL_JOEY)</center>



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@josediccus/money-and-value-why-poverty-is-a-tool-and-not-just-a-condition)