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On rice, the story of Japanese rice is the story of fiat globalism gone crazy. So, in Japan, rice is a staple but according to the government growing and consuming its own rice is also a matter of national security and Japanese pride and heritage. So the

Japanese instituted a bunch of large tariffs on imports (at one point they fully banned imports) and banned exports. But Japan was part of the WTO and this was a clear violation of the WTO. They negotiated that they would buy a quota of foreign rice but they don’t use it. They stick it in warehouses to rot.

At one point, the price of rice started skyrocketing effectively harming poorer nations like the Philippines. So some negotiations took place and they got Japan to agree to release its surplus stock in its warehouses and the price started to come back down.

As far as I’m aware, this is still an ongoing practice. But admittedly, I haven’t kept up with it. So it may no longer be the case they do this.

No surprise that global central planning doesn’t work and often causes insane outcomes.

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