Modulator

Drug War Result

Science and the market are hard at work in the drug war:

DRUG traffickers have created a new strain of coca plant that yields up to four times more cocaine than existing plants and promises to revolutionise Colombia�s drugs industry.

Why was it worthwhile to traffickers to spend �60,000,000 on this effort:

Such an investment by drugs traffickers is small compared to the earnings from what is the most lucrative business on earth. Traffickers can produce a kilogram of cocaine for less than �1,500. That kilogram will sell in Miami for �14,000, in London for �34,000 and in Tokyo would bring �50,000.

We can all thank the articial pricing created by ongoing domestic and international terrorist activities conducted by US and foreign governments for what promises to be a substantial improvement in both quality and quantity of cocaine on the market.

Via Jacob Sollum at Hit & Run.

NB: At the moment �1 equals $1.79

Posted by Steve on August 27, 2004