– Belarus President Tells “Retailers, Money-Grabbers And Thieves” That Capital Controls “Will Remain Forever” (Zerohedge, Dec 26, 2014):
There is just so much win in the following article describing what is taking place in hyperinflation-ridden Belarus (aka a true Keynesian success story), that we decided to post it in its entirety.
State control of prices in Belarus will remain forever
Belarusian President Alexander Lukashenko has said that state control over prices will remain in place in the republic and urged businesses not to count on a liberalization of the price policy after the scraping of a package of emergency measures from the government and the National Bank. Continue reading »