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Price Controls
Chavez, a former Army officer, has imposed controls on staples such as rice, pasta, cooking oil and milk in a bid to control inflation fueled by government spending on social programs for the poor. Consumer prices rose 32 percent last year, the most among 78 economies tracked by Bloomberg. Food prices jumped 47 percent.
Originally posted by grantbeed
i wonder if this is the shape of things to come in other countries with the ever rising food prices?
scary stuff if you ask me. where next?
news.bbc.co.uk...