Monday, February 11, 2013

Argentina Freezes Food Prices and Bans Advertising



Hey Ferfal,
Long time follower/reader. I'm shocked to see you haven't addressed
Kirchner's newly instituted price controls and ban on advertising.
What's going on in your old homeland!?!
Taylor G.

3 comments:

Greek Caste System said...

Fixing prices will not work (and has never worked anywhere in the world) because the price of a product is a chain. Fixing the price of a product while at the same time not fixing the prices of the petrol, the fertilizers, the agricultural machinery will just crush Argentine food producers and make the importers of food to Argentina to abandon Argentine markets. The net result will be even worse.

Chris said...

Reminds me of 1999. I'm getting deja vu all over again.

Anonymous said...

despots just don't learn from history

http://www.fee.org/the_freeman/detail/the-nra-how-price-fixing-perpetuated-the-great-depression#axzz2LjxakEr7