• kreskin@lemmy.world
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    16 hours ago

    chocolate soared in price in the US. 3.99 bars are now 6.50. and the article says it right up front-- the local government regulators are to blame here. They are probably either incompetent or corrupt. (not that western governments are any better)

    “Much of the world’s cocoa is produced in Ghana and Ivory Coast, where state regulators set the price a year in advance. The recent collapse in prices has made their beans around 40% more expensive than international traders are willing to pay.”