... 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.