> Japan is self-sufficient in rice and the government carefully controls imports while seeking to limit production to keep prices high.
> “Japanese policy of deliberately reducing production to support prices has put the country in a position where relatively small changes in the supply or demand side of rice can cause these quite severe effects,” he said.
Myopic government policies + change = catastrophe, a recipe as old as time.
Maximilianne on
As Marie Antoinette would say: Just eat those sponge cheesecakes associated with japan
mostanonymousnick on
I couldn’t find a super reliable source but they apparently have a three figure% tariff on rice?
4 Comments
> Japan is self-sufficient in rice and the government carefully controls imports while seeking to limit production to keep prices high.
> “Japanese policy of deliberately reducing production to support prices has put the country in a position where relatively small changes in the supply or demand side of rice can cause these quite severe effects,” he said.
Myopic government policies + change = catastrophe, a recipe as old as time.
As Marie Antoinette would say: Just eat those sponge cheesecakes associated with japan
I couldn’t find a super reliable source but they apparently have a three figure% tariff on rice?
Oh my god they may have *gasp import rice