That was a commodity strictly controlled in the early 1930s.

ECONOMIST: Our paper in the 1930s: Ninety-plus, and still young | The

The 1980 map of Latin America was largely one of authoritarian, often military governments, generally controlled by small oligarchies, with hyper-cyclical, commodity-based economies, nearly all plagued by huge debt and hyper-inflation.

CENTERFORSECURITYPOLICY: Obama goes south: An analysis of the Summit of the Americas