4 Comments

    1. walrus_operator on

      > 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.

    2. mostanonymousnick on

      I couldn’t find a super reliable source but they apparently have a three figure% tariff on rice?

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