The "agreed prices" in Venezuela that only one party agrees to are called "dictated prices"

[GatoGordo]

Now it will be Monday when the government publishes the new agreed prices of 29 items
Aporrea.org | Friday, 11/30/2018 08:08 PM


A very nice suit and tie for Tarek. He has no problem getting hair products either.

Caracas, November 30 - The Vice President of the Economic Area, Tareck El Aissami, announced that on Monday, December 3, the list of new agreed prices for 29 items will be published in the Official Gazette.

In statements offered this Friday at the Miraflores Palace in Caracas, he highlighted that they have met through working groups with various productive sectors to agree on the new prices.

"There are more than 52 companies that are part of the agreed price policy that we have established as part of the Recovery, Growth and Economic Prosperity Program, with each one of its representatives holding meetings that yielded positive results," he said.

He explained that to achieve the agreement, the cost structure was determined with its incidents and variables.

In this regard, he recalled that the National Executive, since August 20 assumed the payment of the minimum wage of the private sector so that there was no direct impact on the price of the product.

He also called on the people to empower themselves in the Official Gazette and enforce prices.

"That the people are empowered of this information to avoid speculation, bachaquerismo or any type of irregular activity that denies the access to these products", emphasized.

He called on the country's productive sector and the marketing chain to comply with agreed prices.

"Whoever violates the new prices published in the Official Gazette will be severely sanctioned," El Aissami warned.

He stressed that the National Government has established with the producers a progressive review, with the objective of adjusting the price of the items.

https://www.aporrea.org/economia/n335083.html

Translation: The Venezuelan Chavist hierarchy has sat down with 52 of its political lackeys that they say represent various businesses. The government dictates the prices of said commodities (flour, eggs, cheese, meat) and their lackeys says, "Yes! That is very just and fair! Viva Chavez! Viva Bolivar!" and Chavismo verily prints out its list of "agreed prices"... prices which do not reflect any level of reality.

And El Pueblo looks at the prices and say, "I cannot find flour. I cannot find eggs, or cheese or meat!" Because the importers and producers of said products cannot import, nor produce at a loss. Ergo, THEY DON'T IMPORT OR PRODUCE. And Chavismo howls, "The vile bourgeoisie! They are greedy and hate Bolivar and Chavez!" And a few ceremonial arrests are made and the arrestees are put on display... and things get worse because Chavismo thinks that the price of things are what they unilaterally dictate them to be. Which is handy since Maduro is getting the dictator thing down pretty good.

[GatoGordo]

1. The new "agreed" (dictated) prices arrive in Venezuela

Published in Official Gazette new agreed prices of 30 items
By: Agencia Venezolana de Noticias (AVN) | Monday, 03/12/2018 03:59 PM

03-12-18.-The national government published on Monday, in Official Gazette No. 41,536, the new agreed prices of 21 items of the basic basket and 9 cleaning and personal hygiene products.

In accordance with the aforementioned decree, these prices were reached after the roundtables held between the Executive and representatives of 52 companies.

In this way, the liter of edible oil of vegetable mixture was fixed in Bs.S 239; canned tuna of 140 grams in BsS. 430; the kilogram of white rice and table (type I) in Bs.S 212; the kilogram of peas in Bs. S 170; the kilograms of refined sugar in Bs.S 200; 500 grams of ground coffee Bs.S 360; the kilogram of black beans in Bs.S 170; the kilogram of beef in Bs.S 420; the kilogram of chicken benefited in Bs.S 450; the kilogram of beans in Bs. S 220.

Also, the kilogram of precooked corn flour was in Bs.S 151; the kilo of wheat flour for family use in Bs.S 186; the kilo of baker's wheat flour in Bs.S 100, the carton (30 units) of consumer eggs in Bs.S 492; the liter of liquid milk pasteurized in Bs.S 185; kilograms of lentils 220; margarine of 500 grams in Bs.S 320; mortadella (500 grams) in Bs.S 343; the kilogram of pasta in Bs.S 376; the canned sardine of 170 grams in Bs.S 200; and the kilogram of fresh sardine in Bs.S 40.

In the case of cleaning products, chlorine (1 liter) was set at 210 sovereign bolivars; detergent powder (1kg) in 750 sovereign bolivars; panela soap (250gr) in 222 sovereign bolivars; deodorant (90ml) in 350 sovereign bolivars and toilet soap (80gr) in 103 sovereign bolivars.

In addition, the toilet paper (4 rolls of 300 double sheets) was placed in 300 sovereign bolivars; toothpaste (50ml) in 209 sovereign bolivars; toothpaste (100 ml) in 396 sovereign bolivars; and sanitary pads (8 units) in 168 sovereign bolivars.

The vice president of the Economic Area, Tareck El Aissami, explained last Friday that to reach the agreement, the cost structure was determined with its incidences and variables. He also called on the people to empower themselves in the Official Gazette and to enforce prices.

https://www.aporrea.org/economia/n335192.html

The BsS (sovereign) is at about 500 (50,000,000 fuerte) to the dollar. If you can find someone to accept them. At the end of August, it was 60 to the dollar.

You can't find chicken or eggs or meat anymore in a grocery. Only in open air markets where the "enchufados" (connected with Chavismo) sell them at whatever rate they can get. Because the minute that Chavismo "price controls" anything, it can no longer be found.

FWIW, it is cheaper to wipe your ass with Bolivars than to buy toilet paper during 1,000,000% hyperinflation. Though Chavismo has made that act illegal.