Tuesday, November 3, 2015

Shocking Video of People In Line for Food in Venezuela.

This is what you get when you mix hyperinflation and price controls.

(ht Michael Welling


  1. One of the things that impacted me when I traveled Central & South American was lower key variants of this scene in multiple countries.

    Lines of people standing outside of monolithic government buildings, waiting for a handout-

    I suppose the banking & mail system masks the same thing here in the US to some degree,though obviously the standard of living as a whole is much lower in C. & S. America as well.

  2. I can't help but get the feeling I am looking into the future of the US...