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Organized labour leader Moyano admits “inflation in Argentina is a problem”

Thursday, June 9th 2011 - 01:02 UTC
Full article 7 comments

Argentina’s organized labour leader Hugo Moyano admitted Wednesday that “inflation in Argentina is a problem”. He also said that, despite the several criminal cases open against him, he is not afraid of going to jail. Read full article

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  • Wireless

    Why hasn't Moyano been arrested? He did use the banned word, 'Inflation', I'm surprised he's not swimming back from a government provided helicopter ride.

    Jun 09th, 2011 - 02:10 pm - Link - Report abuse 0
  • Pirat-Hunter

    fire everyone at the national bank and even parliament. !!!!!! PLEASE. If Fidel can do it in Cuba with no technology at all why couldn't Argentina charge a 50% fee on all foreign exchange ?? and fine anyone making any trades in foreign money. I do assume that most land owners pay taxes in local coins. has anyone heard of land reform ? http://www.axisoflogic.com/artman/publish/Article_15066.shtml
    maybe this inflation can be a good excuse to push for a overhaul of land refrom laws and put the land in the hands of people who will contribute taxes or create jobs. if the money is not re-invested it will flee.

    Jun 09th, 2011 - 06:06 pm - Link - Report abuse 0
  • jerry

    #2 - Could you, or anybody else, tell me what these comments have to do with the news article?????

    Jun 09th, 2011 - 08:16 pm - Link - Report abuse 0
  • Wireless

    My comments are quite specific, the Argentine Government threatened to prosecute anyone using the word 'Inflation' within the Argentine Press, it is state policy to prevent anyone within the Argentine media from presenting any other opinion on the Argentine Economy that differs widely to that provided by the Argentine Government.

    The helicopter ride is an allusion to the way Argentina previously treated anyone that dissented with the policy or news of the Argentine Government; when one way helicopter rides out into the South Atlantic were provided free.

    The Pork Hunt with a land distribution fixation appears to be a tad confused.

    I do hope that explains things for you.

    Jun 10th, 2011 - 01:25 am - Link - Report abuse 0
  • fredbdc

    Well after many months not posting I thought I would give the readers an update. I am just back from a 10 day trip to Buenos Aires visiting my spouses family. I had not been in Argentina for 5 years and WOW prices are out of control!
    Food prices are as much as we pay in DC! I was shocked I have no idea how an Argie can afford to eat. A typical lunch for 2 was Arg$150! That is 5-6% of a teacher's monthly wage. Everyone was complaining about the prices. This can't last very long before it implodes.
    The horrible things didn't change much, it certainly doesn't look like a place that has enjoyed 8 years of prosperity. The streets and sidewalks are still broken, graffiti everywhere, huge amounts a garbage litter the streets. Cartaneros still sorting garbage every night, children still begging in the restaurants but now there seems to be a lot more homeless. It is unbelievable how big the villas are now, there are 2 more new ones near Retiro with the main one as tall as the highway overpass so the residents can hang their laundry on the highway guard rails and wires. No money in the cash machines, spotty internet, 9 cars across the highway when there should be 7. It is still as filthy and gross as I remember and why I originally left 5 years ago.
    What a miserable failure this government has been. It is a yet another wasted opportunity dragging the country and it's people further into poverty and filth. I won't go back for at least another 10 years I wonder if by then BA will look like La Paz.

    Jun 10th, 2011 - 03:24 pm - Link - Report abuse 0
  • geo

    [] 5--

    when will you think to bring your family ?

    Jun 10th, 2011 - 06:22 pm - Link - Report abuse 0
  • fredbdc

    It is my spouse's family and probably never, parents are retired and siblings have just started their own families so it is pretty complicated, unless there is a divorce I don't see it happening.
    I do see us having to send them money soon though, their salaries are not keeping up with the inflation and these people are professionals with a 2 income household! It is pretty sad because 25 years ago they were consider middle class. We spent a small fortune buying the kids clothes, shoes and toys on this trip.

    Jun 10th, 2011 - 11:21 pm - Link - Report abuse 0

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