IN A COUNTRY THAT PRODUCES NOTHING, YOU CAN'T CONTROL INFLATION BY FREEZING PRICES! DANS UN PAYS QUI NE PRODUIT RIEN, ON NE PEUT CONTROLER L’INFLATION EN BLOQUANT LES PRIX !
English version The Gabonese Minister of Economy, Mays Mouissi, has just decided to implement price controls throughout the Gabonese territory, to combat inflation that continues to suffocate households in the country. Although commendable, this solution is unfortunately not a solution, because when a country imports everything, in order to control prices, it has to subsidize many products as importers cannot operate at a loss in Gabon. It is a solution that has failed wherever it has been tried. Gabon will not be an exception. When everything is imported, it is the foreign manufacturers who set the purchasing prices according to their own economy. Let us explain: • Gabon does not manufacture toothpaste. Fluocaril is imported from France. • If Fluocaril costs €1 to manufacture by Unilever, with taxes this price comes to €1.5. • Pharmacies buy Fluocaril for €2 and resell it for €4.5. • The im