Sunday, August 11, 2013

Coffee Reserve in Venezuela

You know your shortage problem is bad when the government feels obligated to report that its coffee reserve is now at five months. I can't recall any government doing so, and the magic of Google isn't bringing anything up either. The government already had to import toilet paper, and now for some reason decided to needed to head off concerns about coffee.

Usually you hear about reserves of dollars or gold. On the latter point, the government would prefer to keep more quiet because Hugo Chávez bought up a lot of gold, the price of which is now falling.


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