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Article posted Nov 12 2013, 7:02 AM Category: Economy Source: Raw Story Print

Troops ‘occupy’ retailers as Venezuela issues lower-price mandate


The Venezuelan government has expanded the scope of a crackdown on soaring inflation after sending troops into appliance stores over the weekend to slash prices.


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Comments 1 - 2 of 2 Add Comment Page 1 of 1
Anonymous

Posted: Nov 16 2013, 7:43 PM

Link
65110 Finally a government is doing something for the people, and using the military for something constructive rather than for killing people.
Chris

Posted: Nov 17 2013, 3:27 AM

Link
This is threatening to kill people if they don't set their prices to what a government bureaucrat says is "fair."

Price controls lead to shortages because people don't want to sell their products for anything but market price, no one goes into business to lose money, to overcome this fact of life they're hoping threatening people with violence will somehow solve the problem. It won't, it will just criminalize a whole new class of people.


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