Chavez price caps spark panic buying of coffee, toilet paper. Hope n’ change, Venezuela style: Step 1. Evil clown president prints money causing inflation. Step 2. Evil clown president enacts price controls to tame the inflation he caused. Step 3. Bitter clingers buy up goods prior to enactment of controls in anticipation of shortages and black market gouging, thus fueling inflation further. Step 4. Go to step 1.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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