Episode 134: Benevolence Backfires: The Cobra Effect
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Venezuela's Unintended Consequences
The last refuge for any government is to start printing money, which Venezuela did. The inflation hit almost immediately and it got so bad that people could no longer afford food. So of course the government steps in once again and regulates the prices of food. And you start to see the game of whack-a-mole that you start to play here.
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