Colombia's dealing with quite the economic puzzle right now. After pushing through a historic minimum wage hike, the government's now scrambling to implement price caps across certain sectors. Sounds counterintuitive, right?

The thing is, that aggressive wage bump—while well-intentioned for workers—has triggered a cascade of unintended consequences rippling through the economy. Inflation's picking up, business costs are rising faster than expected, and consumer prices are feeling the pressure. Now policymakers are trying to patch things up with price controls, hoping to keep inflation in check.

This is a textbook example of how macroeconomic interventions can create new problems while solving old ones. It's the kind of scenario that matters if you're thinking about broader market dynamics and how policy shifts can affect asset valuations across different economies. When governments start micro-managing prices, it usually signals deeper structural issues brewing beneath the surface.