Price of Pasta and Bread in Venezuela to Go Up 30%+

Anything with wheat in it is going up big time in Venezuela. Maybe ole' Hugo can get Ben Bernanke to come down and tell his citizens not to be worried because "core inflation remains well-contained", although I doubt that they eat iPads in Venezuela either, so this may not fly. So, here the Venezuelan people get yet another kick in the teeth from Chavismo, while El Jefe Himself says he ain't going anywhere, even if voted out. Are the Venezuelan people going to take this in stride? It'll come down to how much of that $100+ per barrel of crude gets lavished on them between now and and election day. Could get ugly.