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To: PJ-Comix

Cooking anything at home in Venezuela is almost impossible when store shelves are bare of even rice, milk, beans and toilet paper. The problem is the result of a command economy where the state dictates not only what will be produced, but also what price should be charged. State set prices that do not cover the cost of production or importation causes producers not to produce and importers not to import. The result...bare shelves. The Austrian economist Ludwig Von Mises described the effect of wage and price controls as having a large city with no traffic lights... utter chaos.


11 posted on 07/04/2016 5:16:24 PM PDT by The Great RJ ("Socialists are happy until they run out of other people's money." Margaret Thatcher)
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To: The Great RJ
Cooking anything at home in Venezuela is almost impossible when store shelves are bare of even rice, milk, beans and toilet paper

Yeah, I make a mean toilet paper stew. Hmmmmm....

38 posted on 07/04/2016 8:38:40 PM PDT by super7man (Madam Defarge, knitting , knitting, always knitting)
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