Hugo's Ghost
Chavista Shortages, Explained
show comments
  • qet

    This confused me more rather than less. And I wonder what could be the point of accumulating all those bolivars in a country with less and less to spend them on.

    • mesquito

      If you bribe the right person you can exchange them for dollars at a fantastic rate.

      • John Stephens

        But who would be fool enough to take bribes in Bolivars?

        • mesquito

          Everyone knows that you pay third world bribes in dollars, silly.

    • Jim__L

      Land.

  • Jacksonian_Libertarian

    This is what happens in a Socialist or Communist country when the Government tries to overrule the Law of Supply and Demand. When the Government sets below market prices for a product like toilet paper or health care, the Demand for those products becomes infinite, and the Supply can never be enough and so the product vanishes from the market. This is why socialized medicine is characterized by long lines and wait times, poor quality, and even worse service. “There is no such thing as a free lunch”

© The American Interest LLC 2005-2017 About Us Masthead Submissions Advertise Customer Service
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.