Rationing in Nicaragua direct hit. Trade and investment plummeted, unemployment soared to 25 percent, and inflation reached more than 36,000 percent by 1988. From 1980 to 1990, Nicaragua’s average real per capita income fell 35 percent, and the incidence of poverty rose to 44 percent. Rationing in Nicaragua In 1984, the FSLN announced rationing for 20 basic goods, including rice, sugar, milk, and toilet paper. At this time, the FSLN were fighting an expensive war against the Contra guerrillas who were funded by the Reagan Administration. The FSLN tried to stabilize the economy by focusing more on the production of export crops and
Uprising in Plzeň (1953) of 1953. This led to growing disaffection among people, and to short-lived strikes. The next step to be implemented was a currency reform, which amounted to a devaluation of savings. All savings were devalued in the ratio of 50:1, all salaries in the ratio of 5:1 (small groups of people were exempted). All obligations of the state were abolished. Rationing of food at subsidized prices was stopped and work quotas increased. The reform was announced on May 31, 1953, at 22:00, after months of rumors and denials by state representatives. Plzeň is a city in western Bohemia with large concentration