So now they blame it on hoarders and speculators. Said newspapers, those who buy and stock up cheap rice for profit reason should be taken into jail.
I say bullsh*it.
Everybody should be free to buy anything he wants. Yes, you say the law prohibits stocking up of 'basic necessities'. Well, even that law is ridiculous.
Of course it seems unfair that in the midst of high demand, some people use the opportunity to make more profit. But, hey, that is the very nature of entrepreneurship. You give a bad name to 'speculation', but 'speculation' is what you do in business. Only good speculators ace in business.
Government, don't listen to those liars. If you want to discourage stocking up, create competition. Open up. Imported rice will do the job. Not prison bars.