Delete comment from: Captain Capitalism
That article could have described virtually any situation where the gov't tries to hold prices below market value. You could substitute the word coffee with any commodity from health care to gasoline and the story would be exactly the same... shortages, empty shelves, black market, gov't goons threatening producers.
These people just never learn. I know nothing about economics, but I can grasp the simple fact that if you hold the price of someting too low, you're gonna run out of it.
There is a delicious irony in a coffee shortage in a South American country.
Feb 15, 2007, 7:48:00 PM
Posted to Predicting Hugo Chavez