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To: livius

Venezuela has (or had) price controls on food. If McDonalds cannot purchase potatoes at a price that is below what it can sell the fries for, then they will choose to not do so. Pretty basic, if you ask me.


13 posted on 01/08/2015 3:19:52 PM PST by fhayek
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To: fhayek

And that’s why nobody produces potatoes either.

Ah, the glories of socialism and total government control...


15 posted on 01/08/2015 3:42:45 PM PST by livius
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