A shortage of bills that has led to lines and protests outside Argentine banks since mid-December may be resolved by next week after the country boosted imports of notes printed in Brazil. Read full article
“It’s because of inflation that people require more bills” said Castillo, who is the director of economic research company ACM in Buenos Aires. “The government doesn’t want to print bills of higher denomination
I agree with you in principle but…….
What is it then?
Is it just inflation?
Is it seasonal or permanent?
Is this “bills shortage” really so big?
Is it a technical “Corralito” to deflate the economy?
Is it a miscalculation from the Central Bank or an embryonic start for the “De-Cashing” of our “informal” economy?
Economic growth is a very crude measure of wealth and the growth of wealth to the population. So please if you claim that more notes are required due to economic growth then please go away and read some more Marcos.
The problem with printing more notes in an economy that has rampant inflation is the risk of an oversupply preventing inflation from returning to sustainable levels. In other words the pressures that may reduce inflation will be negated by the amount of money in circulation.
Marcos - it is very simple school boy economics. If you provide more of something then it's value drops.
BTW - To what burst in the UK are you refering to? Haven't seen one myself. Have you?
Oh goodness, don't try to explain economics to an Argentinian. A few years ago their Economy Minister was a a World Bank Summit in DC and other EMs from around the world actually burst out laughing during her speech. She was saying the proven economic models don't work in Argentina because their economy is something totally different and the world just doesn't understand it.
This is a little before U$250,000 was found in a duffel bag in her office bathroom. But she said the money wasn't hers she was just holding it for someone :)
Better than soap operas!
Argentina has reached the crossroads.
Scarecrow Kirchner can't decide which way to turn and Dorothy is dead.
Whatever you do, don't turn right, because you know where that leads. Don't you just.
They have not reached a crossroads they have reached a dead end! Production capacity was met this year. Unless they get more factories working their growth is done. Maybe they can eek out a bit more from farming but I doubt it.
I love how these Brits and that American clown try to lecture anybody about economics and corruption. In their countries big corporations run their democracies, pressure their puppet government to look the other way in order to commit fraud left and right . Their banking system is a perfect example with the mess the've made of the housing, mortgage, and foreclosure situation.
Of course their taxpayers had to rescue them, millions lost their jobs because of that, at the same time CEOs recieve very large bonuses. Isn't that called corruption?
The Fed said income on its debt holdings, comprising mortgage bonds issued by Fannie Mae and Freddie Mac as well as Treasury securities, surged to $76 billion last year from $49 billion a year earlier.
The Fed also made $7 billion running bailout programs, such as the Maiden Lane companies that facilitated the 2008 bailouts of Bear Stearns and AIG (AIG) and helped keep Wall Street from a complete implosion.
@14. Don't worry about us, Marcos. Just get some honest figures about CFK's little nestegg. Last I saw it was around US$14.5 million. Thing is; does C know how the kickback system works or is she going to have to figure out a new one? While we're at it, did N die naturally or was he pushed? My guess is C pushed him. Did he go over the top at the sight of her Botox-enhanced butt?
You see when Marcos comes out with an imbecilic comment and then you expose his ideocy he resorts to an ideological rant. He hasn't figured out that ideological posturing is a sign of desperation and abject failure.
Now where have we seen that before? Must be an Argentine afliction!
Nico, Gdr, Yul ect ect ect care to explain why you posted this irrelevant information?
Do you wish home ownership was that high in the most foul Argentina? You know a shanty doesn't count as a home to anyone living in a civilized country right?
Mr PhD Beef, Why are you so upset?
No fish around Malvinas?
British war ships having a very hard time to dock in S. America?
Not enough oil?
Or may be you've to work harder to pay for your corrupt bankers bonusses?
Do you mean which personality? I have identified at least 6, unless the English schools in Argentina teach the same, poor grammar, terrible sentence structure, spelling mistakes and slang to these 6 random people it's gotta be the same person.
I love that he posts then agrees with himself as another poster when the original post made no sense at all!
Marcos - not upset at all (and certainly don't have to change the topic like yourself. Thanks to the bankers my mortgage payments have never been so low. I guess there are winners and losers in all economic environments.
Looks like Brazilian money printers are the beneficiaries in the above scenario.
See what I mean, go ahead support yourself with different personalities, we're just missing Nico ( oh wait he is on vacation) and the new one ogara who miraculously showed up when Nico was on gone.
OMG you are nuts! This is hilarious!
It's notable how in many oportunitys the media misinformes, it's ovious that it does not happen only in argentina.
The import of note bills, is not exactly because of inflation, there are other factors that have influence, it was actualy a wrong management by the central bank, which are related to technical problems.
Anyway, this kind of manipulation respecting the news, is just more good news for some idiots who type here all the time, and who wish a new default, for my country.
Some people who answers the comments of those morons, should not adress to them anymore, miserables and idiots wont never change, we have nothing to wait from them, except miserability.
Axel, Do you change? Have you been taught basic economics, world law or politics or do you have the same misguided knowledge as when you first started posting here?
We're in Córdoba, my wife is a secondary school teacher, she went 6 months only getting paid once (admittedly this was an administrative error by her school, but common practise is, here at least, for teachers to work for 3 months before getting paid), she got the 6 months paid in one lump sum into a banco de cordoba account, but we can't get the money out of it, if we can take out any money it's only a small amount. It's been a pretty big problem for us as we're trying to move house.......
Didn't Christina say recently that their is inflation, but it's not the governments fault, but the fault of the companies that set the prices, or something like that?? Can someone explain that me, as it has the distinct whiff of bullshit......I guess that at least she's not saying 'We're all in this together' like Cameron.......
Digs at the Argentine and British governments, I'm going to be popular.......
From living here 25% inflation in the last year seems to be about right for most things, but for some it is even worse, meat for example has more than doubled in price, I remember last December I could buy a kilo of Vacío in Disco supermarkets for 15 pesos, now it's 30-40 pesos....asados are getting mighty expensive.....
Last year around this time didn't CFK say everyone should be eating pork instead of beef anyway?
I guess that is her version of let them eat cake maybe next will be off with their heads better be careful there.
As an Argentinean with some comprehension about meats,.... I will take the libertyof recommending you to buy “Novillo” beef instead of “Ternera”..........
It’s tastier, still of excellent quality (better than 80% of the beef you can buy in Europe) and much, much cheaper.
Just checked today’s price at your supermarket of choice:
Disco: 12.65 Arg. pesos for a Kg. of Vacío…………….
Córdoba is still treating me very kindly, thanks, the sun is shining the smell of bbq is in the air, and the women seem even more beautiful whilst glistening in the sun!
I wouldn't say that Disco is my supermarket of choice, I tend to buy meat from the excellent market here, I just happened to remember that price for some reason from last year.
Anyway, I logged in and it's giving me the price of $33.90 for a kilo of vacío, I guess that it varies from region to region.....where abouts are you, by the way? If meat costs 12.65 per kilo where you are, I may have to uproot the family and move! That's about the price I was paying at the market several months ago, but that's almost doubled recently. Good quality meat though.
Are you able to give any clarification or explanation about this inflation having nothing to do with the government? As it'd be kind of a worry, to say the least, if the government has absolutely no control over these things.
I only have one account thanks, I think that it's pretty obvious from my comments and his/her/its/their comments that I'm none of those that you mention
Actually not yet..but I will give you the benefit of the doubt. I will be able to tell after a few more posts, that person we will call him NICO because that is the name he most uses, makes the same grammar & spelling mistakes under all of the aliases. He also uses idioms that no one else does and he thinks it makes him clever and sound like a native born English speaker but it is obvious that he is not.
So what bring you here? Just want to complain about Argentinian inflation? Do they teach economics in Argentina because there is not one Argentinian that understands even the basics and I have been posting for a year or so now. I will give you a hint, it has nothing to do with the producers and everything to do with poor management from your terrible government.
No need to uproot nobody :-)
I just checked AGAIN….
Discovirtual’s prices should be the same in Gran Buenos Aires, Cordoba Ciudad and Mar del Plata.
The price I mentioned can be found at:
1) https://www3.discovirtual.com.ar/login/prehome.aspx
2) Ingresar como invitado
3) Menu…
4) Carnes…
5) Novillo…
6) VACIO NOVILLO KG $12.65 x Kg
Those are, of course, the so called ”Cortes Populares”… That’s maybe the price you remember from last year at Disco?
Anyhow, you can read more about them at the following article: https://www3.discovirtual.com.ar/login/prehome.aspx
And…. No, I can not give you any clear, comprehensible, concise, congruent clarification nor explanation about this inflation having nothing to do with the government…………….
But what I can tell you Lad………….. is that this is NOTHING compared with previous social, political, military, economical and inflationary challenges my old weary bones have been through here in Argentina……
I'm English living in Argentina, came for the Falklands (I'm with the Falkland islanders on that one) debate initially.
Think,
you're right, I've never seen that price in the stores, so maybe I'll have to start using discovirtual.
Regarding inflation, a lot of my friends have told me about the hyperinflation in the 80's, and some prices literally going up by the hour. So, I can imagine it's nowhere near as bad as then, but still 25% inflation coupled with little or no wage increases makes things pretty difficult.
Fortunately, I landed a better paying job about a year ago, so it's not hit me so hard, but I don't know how we would've got by.
Haha, I think you're kind of paranoid. I thought that you were suspicious of whoever you're suspicious of because of them spouting the same opinions and then agreeing with the same grammatic errors, which I obviously haven't done.
I was born in Swindon (unfortunately(unfortunate to be born in Swindon that is, rather than unfortunate to be born!)) And grew up in Gloucestershire, just the other side of the River Severn.
You can think what you want, I'm not going to try to convince you otherwise......
I was going to say came for the Falklands, stayed for the inflation when you asked why I was here, but I deleted the last part, if I wasn't going to write it like that, I guess I would've written ,I came for..... or even I came here for......, but the 'I' and 'Here' are still implied. other than that, the sentence structure is fine.
I really don't know why you've decided that I'm an impostor (although, I suspect that it is due to the comment saying that My English is better than yours), and perhaps because I said 'you're right Think' about the meat price on the disco site, and anyone who agrees with an Argentine can't be English.......
Anyway, this is getting tiresome, so if it makes you feel good about yourself then, well done Sherlock, another mystery solved.
FRASE. FREDBDC.
FREDBDC: I have already told you not to adress to me anymore, it does not worth to debate with a crap like you who wish a new default for my country, because you think that in that way, you can speculate to buy a house in bs as, PELOTUDO.
FRASE: If you really live here, you could see that we have some problems with the inflation level, but at the same time, all of us have collective negotiations, and that's why we have rases in our salarys.
The problem of inflation is a very complicated problem, it actualy has to do with oligopolic groups that we have in diferent sectors of the economy, it will take many years to be solved, mostly because bussiness men prefer to increase the prizes, instead of increasing the demand of the products, and that's because they dont trust our economy, during the last 35 years, we had terrible economic crisis, some of them made fell diferent governments, and some of those crisis, were created by a few powerfull corporations which wanted to get rid of some governments, like in the hiperinflation of 1989, the true purpose of that coup, was to make feel raul alfonsin's government.
For all these reason, i argue that the inflation will take many years to be solved, on the other hand, many people say that inflation prejudices mostly poor people, however poor sectors of the society, buy products that belong to marks of second line, and those marks dont have almost rases.
The inflation level is mostly suffered by the middle class, but thanks to the collective negotiations, we can mitigate the impact of the rases, beside the government increases also the income that it gives to poor familys.
Comments
Disclaimer & comment rules“It’s because of inflation that people require more bills” said Castillo, who is the director of economic research company ACM in Buenos Aires. “The government doesn’t want to print bills of higher denomination
Jan 11th, 2011 - 10:24 pm - Link - Report abuse 0http://www.youtube.com/watch?v=T48Lpld0VOQ
There are two ways to issue more currency. Issue new bonds and gilts as a form of QE or just print more paper.
Jan 11th, 2011 - 10:44 pm - Link - Report abuse 0Sounds like Argentina is on a slippery slope, sorry it slipped a long time ago. Any more inflation then they may burst!
then they may burst! Like UK Beef?
Jan 12th, 2011 - 01:33 am - Link - Report abuse 0The shortages of bills is a result of a faster economic growth
LOL - does faster economic growth wear them out then MoreCrap ....
Jan 12th, 2011 - 01:53 am - Link - Report abuse 0..... and does an inflation rate believed to be around 30% not have any effect.
Just more cr*p, Morecrap :-)
A 25% annual inflation rate in Latin America’s second-biggest economy is undermining the value of Argentina’s currency.
Jan 12th, 2011 - 02:24 am - Link - Report abuse 025%...really?
Since when is Argentina the second largest economy in Latin America?
( 6 ) gdr
Jan 12th, 2011 - 11:23 am - Link - Report abuse 0I agree with you in principle but…….
What is it then?
Is it just inflation?
Is it seasonal or permanent?
Is this “bills shortage” really so big?
Is it a technical “Corralito” to deflate the economy?
Is it a miscalculation from the Central Bank or an embryonic start for the “De-Cashing” of our “informal” economy?
I really would like to read your opinions…………
Saludos
El Think
Economic growth is a very crude measure of wealth and the growth of wealth to the population. So please if you claim that more notes are required due to economic growth then please go away and read some more Marcos.
Jan 12th, 2011 - 01:37 pm - Link - Report abuse 0The problem with printing more notes in an economy that has rampant inflation is the risk of an oversupply preventing inflation from returning to sustainable levels. In other words the pressures that may reduce inflation will be negated by the amount of money in circulation.
Marcos - it is very simple school boy economics. If you provide more of something then it's value drops.
BTW - To what burst in the UK are you refering to? Haven't seen one myself. Have you?
Oh goodness, don't try to explain economics to an Argentinian. A few years ago their Economy Minister was a a World Bank Summit in DC and other EMs from around the world actually burst out laughing during her speech. She was saying the proven economic models don't work in Argentina because their economy is something totally different and the world just doesn't understand it.
Jan 12th, 2011 - 02:21 pm - Link - Report abuse 0This is a little before U$250,000 was found in a duffel bag in her office bathroom. But she said the money wasn't hers she was just holding it for someone :)
Better than soap operas!
Year GDP -
Jan 12th, 2011 - 02:47 pm - Link - Report abuse 0Real Growth Rate Rank Percent Change Date of Information
2000 -3.00 %
2001 0.80 %
2002 -14.70 %
2003 -14.70 % 210 2002 est.
2004 8.70 % 14 -159.18 % 2003 est.
2005 8.30 % 21 -4.60 % 2004 est.
2006 9.20 % 18 10.84 % 2005 est.
2007 8.50 % 26 -7.61 % 2006 est.
2008 8.70 % 26 2.35 % 2007 est.
2009 6.80 % 41 -21.84 % 2008 est.
2010 0.90 % 102 -86.76 % 2009 est.
Definition: This entry gives GDP growth on an annual basis *adjusted for inflation* and expressed as a percent.
Not brilliant, but slightly stabilised through 04-09, in spite of massively high inflation rate. Now on downturn?/spiral?
Argentina has reached the crossroads.
Jan 12th, 2011 - 05:16 pm - Link - Report abuse 0Scarecrow Kirchner can't decide which way to turn and Dorothy is dead.
Whatever you do, don't turn right, because you know where that leads. Don't you just.
They have not reached a crossroads they have reached a dead end! Production capacity was met this year. Unless they get more factories working their growth is done. Maybe they can eek out a bit more from farming but I doubt it.
Jan 12th, 2011 - 06:03 pm - Link - Report abuse 0I love how these Brits and that American clown try to lecture anybody about economics and corruption. In their countries big corporations run their democracies, pressure their puppet government to look the other way in order to commit fraud left and right . Their banking system is a perfect example with the mess the've made of the housing, mortgage, and foreclosure situation.
Jan 12th, 2011 - 06:33 pm - Link - Report abuse 0Of course their taxpayers had to rescue them, millions lost their jobs because of that, at the same time CEOs recieve very large bonuses. Isn't that called corruption?
Marcos, it's not all bad news...
Jan 12th, 2011 - 06:47 pm - Link - Report abuse 0http://finance.fortune.cnn.com/2011/01/10/fed-profit-hits-81-billion/
The Fed said income on its debt holdings, comprising mortgage bonds issued by Fannie Mae and Freddie Mac as well as Treasury securities, surged to $76 billion last year from $49 billion a year earlier.
The Fed also made $7 billion running bailout programs, such as the Maiden Lane companies that facilitated the 2008 bailouts of Bear Stearns and AIG (AIG) and helped keep Wall Street from a complete implosion.
@14. Don't worry about us, Marcos. Just get some honest figures about CFK's little nestegg. Last I saw it was around US$14.5 million. Thing is; does C know how the kickback system works or is she going to have to figure out a new one? While we're at it, did N die naturally or was he pushed? My guess is C pushed him. Did he go over the top at the sight of her Botox-enhanced butt?
Jan 12th, 2011 - 07:29 pm - Link - Report abuse 0You see when Marcos comes out with an imbecilic comment and then you expose his ideocy he resorts to an ideological rant. He hasn't figured out that ideological posturing is a sign of desperation and abject failure.
Jan 12th, 2011 - 08:17 pm - Link - Report abuse 0Now where have we seen that before? Must be an Argentine afliction!
Nico, Gdr, Yul ect ect ect care to explain why you posted this irrelevant information?
Jan 12th, 2011 - 10:12 pm - Link - Report abuse 0Do you wish home ownership was that high in the most foul Argentina? You know a shanty doesn't count as a home to anyone living in a civilized country right?
I quite enjoy his random statistics. I'm still trying to work out if he makes them up or not
Jan 13th, 2011 - 12:14 am - Link - Report abuse 0Mr PhD Beef, Why are you so upset?
Jan 13th, 2011 - 12:28 am - Link - Report abuse 0No fish around Malvinas?
British war ships having a very hard time to dock in S. America?
Not enough oil?
Or may be you've to work harder to pay for your corrupt bankers bonusses?
http://www.telegraph.co.uk/news/newstopics/politics/8255708/Britains-economic-freedom-is-under-threat.html
Do you mean which personality? I have identified at least 6, unless the English schools in Argentina teach the same, poor grammar, terrible sentence structure, spelling mistakes and slang to these 6 random people it's gotta be the same person.
Jan 13th, 2011 - 12:29 am - Link - Report abuse 0I love that he posts then agrees with himself as another poster when the original post made no sense at all!
Marcos - not upset at all (and certainly don't have to change the topic like yourself. Thanks to the bankers my mortgage payments have never been so low. I guess there are winners and losers in all economic environments.
Jan 13th, 2011 - 07:21 am - Link - Report abuse 0Looks like Brazilian money printers are the beneficiaries in the above scenario.
.....this is American nightmare not American dream....
Jan 13th, 2011 - 11:19 am - Link - Report abuse 0Fred ## no.15 (#) is your comment ?
Jan 13th, 2011 - 11:44 am - Link - Report abuse 0money.cnn.com/2011/01/13/real_estate/foreclosures_2010/
See what I mean, go ahead support yourself with different personalities, we're just missing Nico ( oh wait he is on vacation) and the new one ogara who miraculously showed up when Nico was on gone.
Jan 13th, 2011 - 12:23 pm - Link - Report abuse 0OMG you are nuts! This is hilarious!
13 --15--19--22--27
Jan 13th, 2011 - 02:53 pm - Link - Report abuse 0He rolls the boxes up ! ( *) ?
(*) in Texas Jargon.
Oh yeah forgot about ed, is that #7? hahaha
Jan 13th, 2011 - 03:33 pm - Link - Report abuse 0It's notable how in many oportunitys the media misinformes, it's ovious that it does not happen only in argentina.
Jan 13th, 2011 - 04:11 pm - Link - Report abuse 0The import of note bills, is not exactly because of inflation, there are other factors that have influence, it was actualy a wrong management by the central bank, which are related to technical problems.
Anyway, this kind of manipulation respecting the news, is just more good news for some idiots who type here all the time, and who wish a new default, for my country.
Some people who answers the comments of those morons, should not adress to them anymore, miserables and idiots wont never change, we have nothing to wait from them, except miserability.
Axel, Do you change? Have you been taught basic economics, world law or politics or do you have the same misguided knowledge as when you first started posting here?
Jan 13th, 2011 - 04:28 pm - Link - Report abuse 0pot meet kettle
We're in Córdoba, my wife is a secondary school teacher, she went 6 months only getting paid once (admittedly this was an administrative error by her school, but common practise is, here at least, for teachers to work for 3 months before getting paid), she got the 6 months paid in one lump sum into a banco de cordoba account, but we can't get the money out of it, if we can take out any money it's only a small amount. It's been a pretty big problem for us as we're trying to move house.......
Jan 13th, 2011 - 06:42 pm - Link - Report abuse 0Didn't Christina say recently that their is inflation, but it's not the governments fault, but the fault of the companies that set the prices, or something like that?? Can someone explain that me, as it has the distinct whiff of bullshit......I guess that at least she's not saying 'We're all in this together' like Cameron.......
Digs at the Argentine and British governments, I'm going to be popular.......
From living here 25% inflation in the last year seems to be about right for most things, but for some it is even worse, meat for example has more than doubled in price, I remember last December I could buy a kilo of Vacío in Disco supermarkets for 15 pesos, now it's 30-40 pesos....asados are getting mighty expensive.....
Last year around this time didn't CFK say everyone should be eating pork instead of beef anyway?
Jan 13th, 2011 - 08:23 pm - Link - Report abuse 0I guess that is her version of let them eat cake maybe next will be off with their heads better be careful there.
(32) Frase
Jan 13th, 2011 - 08:46 pm - Link - Report abuse 0Hope Cordoba is still treating you well…………..
As an Argentinean with some comprehension about meats,.... I will take the libertyof recommending you to buy “Novillo” beef instead of “Ternera”..........
It’s tastier, still of excellent quality (better than 80% of the beef you can buy in Europe) and much, much cheaper.
Just checked today’s price at your supermarket of choice:
Disco: 12.65 Arg. pesos for a Kg. of Vacío…………….
https://www3.discovirtual.com.ar/Comprar/Home.aspx
Think,
Jan 13th, 2011 - 09:07 pm - Link - Report abuse 0Córdoba is still treating me very kindly, thanks, the sun is shining the smell of bbq is in the air, and the women seem even more beautiful whilst glistening in the sun!
I wouldn't say that Disco is my supermarket of choice, I tend to buy meat from the excellent market here, I just happened to remember that price for some reason from last year.
Anyway, I logged in and it's giving me the price of $33.90 for a kilo of vacío, I guess that it varies from region to region.....where abouts are you, by the way? If meat costs 12.65 per kilo where you are, I may have to uproot the family and move! That's about the price I was paying at the market several months ago, but that's almost doubled recently. Good quality meat though.
Are you able to give any clarification or explanation about this inflation having nothing to do with the government? As it'd be kind of a worry, to say the least, if the government has absolutely no control over these things.
All the best,
Frase
Frase .... why your english is better than fredbdc !!??
Jan 13th, 2011 - 09:38 pm - Link - Report abuse 0yul, ed, Nico, gdr, ogara, arquero is Frase a new one too? It's hard to tell just yet.
Jan 13th, 2011 - 10:03 pm - Link - Report abuse 0Why do you post under so many aliases and expect people to take you seriously?
Don't you know how mentally unstable you look and probably are?
I only have one account thanks, I think that it's pretty obvious from my comments and his/her/its/their comments that I'm none of those that you mention
Jan 13th, 2011 - 10:11 pm - Link - Report abuse 0Actually not yet..but I will give you the benefit of the doubt. I will be able to tell after a few more posts, that person we will call him NICO because that is the name he most uses, makes the same grammar & spelling mistakes under all of the aliases. He also uses idioms that no one else does and he thinks it makes him clever and sound like a native born English speaker but it is obvious that he is not.
Jan 13th, 2011 - 10:41 pm - Link - Report abuse 0So what bring you here? Just want to complain about Argentinian inflation? Do they teach economics in Argentina because there is not one Argentinian that understands even the basics and I have been posting for a year or so now. I will give you a hint, it has nothing to do with the producers and everything to do with poor management from your terrible government.
(35) Frase
Jan 13th, 2011 - 10:56 pm - Link - Report abuse 0No need to uproot nobody :-)
I just checked AGAIN….
Discovirtual’s prices should be the same in Gran Buenos Aires, Cordoba Ciudad and Mar del Plata.
The price I mentioned can be found at:
1) https://www3.discovirtual.com.ar/login/prehome.aspx
2) Ingresar como invitado
3) Menu…
4) Carnes…
5) Novillo…
6) VACIO NOVILLO KG $12.65 x Kg
Those are, of course, the so called ”Cortes Populares”… That’s maybe the price you remember from last year at Disco?
Anyhow, you can read more about them at the following article:
https://www3.discovirtual.com.ar/login/prehome.aspx
And…. No, I can not give you any clear, comprehensible, concise, congruent clarification nor explanation about this inflation having nothing to do with the government…………….
But what I can tell you Lad………….. is that this is NOTHING compared with previous social, political, military, economical and inflationary challenges my old weary bones have been through here in Argentina……
Hasta la victoria
El Think
Fred,
Jan 13th, 2011 - 11:39 pm - Link - Report abuse 0I'm English living in Argentina, came for the Falklands (I'm with the Falkland islanders on that one) debate initially.
Think,
you're right, I've never seen that price in the stores, so maybe I'll have to start using discovirtual.
Regarding inflation, a lot of my friends have told me about the hyperinflation in the 80's, and some prices literally going up by the hour. So, I can imagine it's nowhere near as bad as then, but still 25% inflation coupled with little or no wage increases makes things pretty difficult.
Fortunately, I landed a better paying job about a year ago, so it's not hit me so hard, but I don't know how we would've got by.
Regards,
Frase
NO WAY are you a native born English speaker, methinks we have another alias Nico.
Jan 14th, 2011 - 12:02 am - Link - Report abuse 0Haha, I think you're kind of paranoid. I thought that you were suspicious of whoever you're suspicious of because of them spouting the same opinions and then agreeing with the same grammatic errors, which I obviously haven't done.
Jan 14th, 2011 - 12:30 am - Link - Report abuse 0I was born in Swindon (unfortunately(unfortunate to be born in Swindon that is, rather than unfortunate to be born!)) And grew up in Gloucestershire, just the other side of the River Severn.
You can think what you want, I'm not going to try to convince you otherwise......
”I'm English living in Argentina, came for the Falklands (I'm with the Falkland islanders on that one) debate initially.”
Jan 14th, 2011 - 12:47 am - Link - Report abuse 0No native English speaker would use this sentence structure, Nico.
I bet you don't even know why.
I was going to say came for the Falklands, stayed for the inflation when you asked why I was here, but I deleted the last part, if I wasn't going to write it like that, I guess I would've written ,I came for..... or even I came here for......, but the 'I' and 'Here' are still implied. other than that, the sentence structure is fine.
Jan 14th, 2011 - 01:06 am - Link - Report abuse 0I really don't know why you've decided that I'm an impostor (although, I suspect that it is due to the comment saying that My English is better than yours), and perhaps because I said 'you're right Think' about the meat price on the disco site, and anyone who agrees with an Argentine can't be English.......
Anyway, this is getting tiresome, so if it makes you feel good about yourself then, well done Sherlock, another mystery solved.
Regards,
yul, ed, Nico, gdr, ogara, arquero x x x
Print us some falkland island £5 notes while you're at it Brazil, the ones on the island are all held together by celotape!
Jan 15th, 2011 - 12:24 am - Link - Report abuse 0FRASE. FREDBDC.
Jan 15th, 2011 - 09:34 pm - Link - Report abuse 0FREDBDC: I have already told you not to adress to me anymore, it does not worth to debate with a crap like you who wish a new default for my country, because you think that in that way, you can speculate to buy a house in bs as, PELOTUDO.
FRASE: If you really live here, you could see that we have some problems with the inflation level, but at the same time, all of us have collective negotiations, and that's why we have rases in our salarys.
The problem of inflation is a very complicated problem, it actualy has to do with oligopolic groups that we have in diferent sectors of the economy, it will take many years to be solved, mostly because bussiness men prefer to increase the prizes, instead of increasing the demand of the products, and that's because they dont trust our economy, during the last 35 years, we had terrible economic crisis, some of them made fell diferent governments, and some of those crisis, were created by a few powerfull corporations which wanted to get rid of some governments, like in the hiperinflation of 1989, the true purpose of that coup, was to make feel raul alfonsin's government.
For all these reason, i argue that the inflation will take many years to be solved, on the other hand, many people say that inflation prejudices mostly poor people, however poor sectors of the society, buy products that belong to marks of second line, and those marks dont have almost rases.
The inflation level is mostly suffered by the middle class, but thanks to the collective negotiations, we can mitigate the impact of the rases, beside the government increases also the income that it gives to poor familys.
Axel; if that is what you teach you students your country is DOOMED.
Jan 16th, 2011 - 01:05 am - Link - Report abuse 0Commenting for this story is now closed.
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