Category: Price Controls

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That Venezuelan Bus Driver Is Crazed.

President Nicolas¬†Maduro of Venezuela has signed a decree to control the prices of new and secondhand cars. He has accused criminal gangs (and, no doubt, those pesky economic saboteurs) of creating artificially high prices for automobiles. According to Nicky, anyone caught breaking the decree/law will face jail sentences of between 6 and 12 years. The […]

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