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Argentine Gubment Sets Two-Month Freeze on Food Prices - Bad Idea
This is what inflating the money supply inspires politicians to do as the prices inevitably arrive. They add salt to the wounds. In this case, they are going to freeze food prices for two months.
All that does is begin weakening the incentives for suppliers and producers to bring in more food. Watch for shortages in a week.
Then, violence.
Lots of violence.
Not a good situation.
http://www.myfoxny.com/story/20958959/argentina-freezes-prices-to-break-...
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