Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
... if it is necessary to subsidize food to avoid food riots, then it becomes critical to be food self-sufficient, because a government can create additional domestic purchasing power to mobilize domestic resources, but a low-income nation that tries to create additional domestic purchasing power to buy imported products just drives down its sustainable exchange rate.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Wed Apr 30th, 2008 at 10:00:00 AM EST
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