Monday, February 28, 2011
Farm Programs Leave a Twisting Trail
Over the years farm programs have left their mark in many unexpected places. For example, the price support programs in the 1950's accumulated a big pile of surplus commodities, much of which were sent overseas under the PL480 program. Under part of the program, instead of being donated commodities were sold for the local currency, such as rupees. The accumulated rupees built up in US government accounts, and were used for various purposes, including one described in this Chapati Mystery post. accumulating research materials.