Subject: Statist idiots: Venezuela to toughen price controls, set profit limits in bid to curb galloping inflation Mon Nov 11, 2013 11:48 pm
Venezuelan President Nicolas Maduro is extending price controls and will place limits on profits as he extends attempts to curb the galloping inflation that is eroding support for his rule.
Maduro made the announcement in a late-night television address Sunday in which he also vowed to step up inspections of businesses selling shoes, clothing, automobiles and other goods to make sure they aren’t gouging consumers.