During hyperinflation times, the Brazilian government tried to make illegal to increase prices. Obviously, people and companies could not afford, or refused to, sell at the fixed prices for long. So supermarkets went empty.
Several governments in a row tried the same idea to contain inflation, unsuccessfully. So it is not surprising that, decades later, another government is making the sames mistakes.
Several governments in a row tried the same idea to contain inflation, unsuccessfully. So it is not surprising that, decades later, another government is making the sames mistakes.