‘Interior Commerce Secretary Guillermo Moreno announced the measure in the official gazette today. The 1974 law allows authorities to freeze prices and obliges companies to maintain supply. Those in breach are subject to fines and imprisonment. ‘If the law on supply is applied, the one who should go to jail is Moreno himself,’ former Economy Minister Martin Lousteau said in an interview with Radio Mitre today. ‘He’s to blame for the lack of wheat in Argentina.’ Argentine wheat production has decreased since 2006, when President Cristina Fernandez de Kirchner’s predecessor and late husband Nestor Kirchner set export quotas.”

http://www.bloomberg.com/news/2013-07-05/argentina-applies-law-that-jails-hoarders-as-bread-prices-double.html

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