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Miriam Villae never knows what she'll find on the shelves of her grocery store in the Venezuela capital these days. Chances are it's not much. As the oil-rich country grapples with the highest food shortage in four years, the 62-year-old grandmother and many others like her are being forced to make do without staples like flour and butter. Read more: pixel.newscred.com... T1lNGM5YzRiZS0zMzBiLTQ5MDktOTNhMy02OTY3MmU5ZDkyZTEmcHVibGlzaGVyPThjMDBmYmVlNjFkNWJjZjBjNjA5MmQ4YjkyZWJiY2Ex#ixzz2JHnhb08u
Originally posted by winterkill
www.businessinsider.com...
Miriam Villae never knows what she'll find on the shelves of her grocery store in the Venezuela capital these days. Chances are it's not much. As the oil-rich country grapples with the highest food shortage in four years, the 62-year-old grandmother and many others like her are being forced to make do without staples like flour and butter. Read more: pixel.newscred.com... T1lNGM5YzRiZS0zMzBiLTQ5MDktOTNhMy02OTY3MmU5ZDkyZTEmcHVibGlzaGVyPThjMDBmYmVlNjFkNWJjZjBjNjA5MmQ4YjkyZWJiY2Ex#ixzz2JHnhb08u
The government, which earlier this year launched a plan to prevent shortages and introduced price controls in 2003, blames the bare shelves on an increase in consumption -- along with hoarding by producers and speculators.
Yes, that's right, the food shortages are because people are buying food and hoarding. Poor people suddenly have the money to go out and buy food to hoard. Once again a diversion to keep the real culprits from being exposed.
Most believe the corps are slowing the food shipments to drive the government into releasing the price fix which allows the poor to eat.
the government alleges that the private sector is trying to force an increase in prices and a devaluation of the official exchange rate.
"They have proposed that prices be freed, that foreign exchange controls be ended and that state-owned enterprises be privatized," Vice President Nicolas Maduro
Originally posted by winterkill
www.businessinsider.com...
Miriam Villae never knows what she'll find on the shelves of her grocery store in the Venezuela capital these days. Chances are it's not much. As the oil-rich country grapples with the highest food shortage in four years, the 62-year-old grandmother and many others like her are being forced to make do without staples like flour and butter. Read more: pixel.newscred.com... T1lNGM5YzRiZS0zMzBiLTQ5MDktOTNhMy02OTY3MmU5ZDkyZTEmcHVibGlzaGVyPThjMDBmYmVlNjFkNWJjZjBjNjA5MmQ4YjkyZWJiY2Ex#ixzz2JHnhb08u
The government, which earlier this year launched a plan to prevent shortages and introduced price controls in 2003, blames the bare shelves on an increase in consumption -- along with hoarding by producers and speculators.
Yes, that's right, the food shortages are because people are buying food and hoarding. Poor people suddenly have the money to go out and buy food to hoard. Once again a diversion to keep the real culprits from being exposed.
Most believe the corps are slowing the food shipments to drive the government into releasing the price fix which allows the poor to eat.
the government alleges that the private sector is trying to force an increase in prices and a devaluation of the official exchange rate.
"They have proposed that prices be freed, that foreign exchange controls be ended and that state-owned enterprises be privatized," Vice President Nicolas Maduro
[/quote
Hello there,
thats a big BS i am a foreigner and live in venezuela and i have a company here,
the all problem why food prices is rising is goverment control of money exchange.
nobody knows where the petrodollars go.....
thats it,
peace,
e
When you Introduce price control on any goods, you will eventually run into the problem of shortages. Take a look at the 1970’s oil embargo. The united states instituted price control on fuel. Because prices were fixed and not allowed to rise due to shortages of supply, we ended up having a nationwide fuel shortage. If you allowed the price to rise, it would discourage people from buy more then they need.
Originally posted by sligtlyskeptical
I say screw the private corporations who refuse to produce because their profit is not enough. Let's just end their misery in these "hard times" and put them out of business. Put the means of production into the hands of the people that consume that production. I's the only thing that will work long term. We can no longer let the bloodsuckers control everything to the demise of the majority.
Originally posted by Mikeyy
I, as some of you know, work in a grocery store. And even though this is different, when something goes on sale for too low of a price, it's pointless, because The warehouse, and distributor completely runs out of it. The shelf will sit empty until a few days after the sale ends.
At the same time, there is only so much shelf spaces, and back room space, The cheaper you make something, the more one person will buy. Make something cheap enough, one customer buys the entire shelf.
Combine a good sale, with an even better manufacturers coupon and you get the Ragu incident that happened a while ago, sold out for weeks, as people got Free jars left and right.
There are definitly people out there that learned from that Extreme Coupon show, They nail us all the time. Also If you notice all the pop is always gone when your store puts it on a really low sale, then most likely an Arab convienence store owner bought them ALL. They will buy 4 U-Boats worth, take it to their store and overcharge for it, making serious profit.edit on 29-1-2013 by Mikeyy because: (no reason given)
Originally posted by rickymouse
The whole world is going to experience a food shortage shortly. We have to start treating our planet and it's other inhabitants with respect and quit wasting. This planet can supply what we need but not what we want. This form of capitalism is bad.
...
If there is one product that Venezuela should be able to produce in abundance it is coffee, a major crop here for centuries. Until 2009, Venezuela was a coffee exporter, but it began importing large amounts of it three years ago to make up for a decline in production.
Farmers and coffee roasters say the problem is simple: retail price controls keep profits close to or below what it costs farmers to grow and harvest the coffee. As a result, many do not invest in new plantings or fertilizer, or they cut back on the amount of land used to grow coffee. Making matters worse, the recent harvest was poor in many areas.
A group representing small- to medium-size roasters said last month that there was no domestic coffee left on the wholesale market — the earliest time of year that industry leaders could remember such supplies running out. The group announced a deal with the government to buy imported beans to keep coffee on store shelves.
Similar problems have played out with other agricultural products under price controls, like lags in production and rising imports for beef, milk and corn.
...
Oh and btw, look for fights for food in your nearest supermarket soon thanks to socialism...
Originally posted by unityemissions
I watched the video.
Your bias is slipping again
The video clearly states that inflation didn't start with price control. Price control was a response to an already high inflation.
What was the cause of the inflation? From the video, it states that Hugo Chavez became ill, and inflation took a hold.
That means it was speculation.
The price control mechanisms were an attempt to curb the rate of inflation, but it didn't work.