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In Egypt, the recent announcement that bread prices, long subsidized for much of the population, would likely have to rise was met with cries of despair . Indeed, over two-thirds of the population of Egypt depend on inexpensive bread for daily sustenance.
In order to understand the current situation in Egypt, it’s imperative to learn how the current situation was created in the first place. First, the word used for bread in Egypt is different from the word common to other Arab countries, and is intertwined with the word meaning “to live.” Also, the most common type of bread in Egypt, consumed by 85 percent of people there, uses a word that means “traditional” or “my country.” Perhaps this sort of nationalism via food is why bread production has been subsidized in Egypt since 1941.
With state reliance for this long, the provision of low-cost bread is “ an expected […]
Read the rest of this story here: mises.org
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They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
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JD Rucker