The Costly Lesson Venezuela’s Citizens Are Learning About Their Demagogue
Lynne Kiesling Four years of Chávez’s price controls have led to serious food shortages. Such shortages have sporadically appeared with items from milk to coffee since early 2003, when Chávez began regulating prices for 400 basic products as a way to counter inflation and protect the poor. Yet inflation has soared to an accumulated 78 …
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