Posted on 05/24/2016 9:03:28 AM PDT by C19fan
Venezuelans on Tuesday woke up to discover that the government-controlled price of corn flour -- used to make corn patty arepas, a staple of local cuisine -- has risen 900 percent.
The socialist government of President Nicolas Maduro had kept the price of corn flour frozen for 15 months at 19 bolivares a kilogram (two pounds).
(Excerpt) Read more at yahoo.com ...
The most frightening aspect of this great social experiment is realizing how much abuse the populace will endure without exploding into a full-blown revolution. I had expected blood in the streets by now. I thought the Latins were more hot-blooded than that. Socialism needs a violent overthrow!
Let ‘em eat Twinkies.
At the former price of about 86 cents per pound they couldn’t cover the cost of production?
“Flour is one of the most scarce food basics, and the Venezuelan Association of Corn Flour Industrialists has been asking for a price increase, arguing that the low government-set price does not cover the cost of production.”
I can buy corn meal/flour here for 50 to 70 cents per pound retail.
We have to study Venezuela to prepare for what either Bernie or the Hilldebeeste will do to the US.
Even if farmers got this increase in price about the best you can do is 60 to 100 days if it is prime growing season and you have the rain.
I was reading a little bit about how they expropriated most of the farm lands and gave them to non-farmers,LOL. I say that as a farmer who has watched people with a little bit of money who fancy themselves as farmers come and go. It is such a waste of time and money and most of them think they will show us how it is done. I can’t name one who has succeeded.
Harina Pan - the absolute staple of the Venezuelan diet. Makes arepas, empanadas, all kinds of yummy stuff. We still have arepas every Christmas morning, 40 years after coming home. Hell, toilet paper is more dispensable than Harina Pan!
Added to keywords.
“We have to study Venezuela to prepare for what either Bernie or the Hilldebeeste will do to the US.”
Too true. I recall that Chavez was once arrested in a coup, but the durned fools turned him loose after a couple days. Talk about a missed opportunity to repeal socialism!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.