Mad Combination: Price Controls and Crazed Money Printing
Reuters
explains this pic:
People line up to buy toilet paper and baby diapers as national guards control the access at a supermarket in downtown Caracas January 19, 2015. There's a booming new profession in Venezuela: standing in line. The job usually involves starting before dawn, enduring long hours under the Caribbean sun, dodging or bribing police, and then selling a coveted spot at the front of huge shopping lines. Picture taken January 19, 2015.
-RW
Viva Chavezistas !
ReplyDeletePrint that money.
See Krugman was right.
Money printing does produce jobs.
It is hereby declared that selling shopping line spots is a crime against the State.
ReplyDeleteYou libertarians just don't understand the how to govern in a flexible manner.
What do you propose to fix this obviously unfair activity, huh?
I know you're just being sarcastic but I'll play anyway....
DeleteMy solution. VERY easy:
#1. Stop printing like an idiot.
#2. Remove price controls.
#3. Close down the government.
Simple.
...and Reuters doesn't have a F^#$^KING CLUE as to why this is happening.
ReplyDelete