May 21, 2013
Venezuela’s toilet paper crisis is not as simple as it appears. It’s not just a supply and demand issue. Toilet paper among other staples such as butter, sugar, flour, and coffee are price fixed in this socialist country, so people from all walks of life can afford toilet paper. But the current political environment has led to campaigns claiming a shortage, causing people to start hoarding toilet paper in fears of running out.
To handle the shortage of toilet paper, the country is importing 50 million rolls of bathroom tissue. But, with the monthly usage at 125 million rolls, there may still not be enough to divert a crisis.