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In the world economy Cocaine ranks amongst one of the highest grossing commodities at approx $78 billion a year, and even thought it’s not traded on the stock exchange, it sure as hell used there!
So how do you stop an economy that’s so large it could pay most 3rd world debts in a year? More police? Tighter boarder controls? Lock up all the dealers?
The solution seems a simple one. If you can stop the farmers growing the coca leaf in the first place, you will reduce global supplies. With us so far? The idea is a sound one. Less leafs equals less coca. It seems simple maths. So how do you go about reducing the production?
Well one politician in Columbia thinks he’s come up with the answer! He has proposed a bill to decriminalise the cultivation of the coca plant believing that be decriminalising the growing it will encourage the farmers to grow other crops.
The bill was introduced by Liberal Party Congressman Hugo Velasquez who just happens to be the Congressman for the province of Meta. One of the countries largest coca growing states.
Kitguru say: Were confused! To stop people grown the leaf Columbia are going to make it easier? What next, free aeroplanes to remove all the unwanted cocaine to America?
I think they have the formula wrong… Be decriminalizing the growing of coca, I believe more farms would pop up. At least until the point of messing with a little too much supply, when prices would start to come down. If they do nothing about the demand, the supply will come from somewhere. They need to decriminalize the use of drugs, which would bring down the prices, which would effectively make the farmer rethink his crops. I see no value in what they are doing.