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Montevideo, January 31st 2023 - 11:05 UTC

 

 

Argentina displaces Venezuela as holder of the region’s highest inflation title

Thursday, July 12th 2012 - 07:11 UTC
Full article 62 comments

Venezuela’s president Hugo Chavez running for re-election received a considerable boost for his campaign from his peer and political associate President Cristina Fernandez when it was revealed that Argentine inflation in the first half was over two digits. Read full article

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  • Britworker

    The despot election mantra, “no matter how bad things are we are not in the same mess as Argentina”, perhaps Obama will use that instead of “yes we can”. Cristina will be so pleased, she always wanted to influence the world.

    Jul 12th, 2012 - 08:41 am - Link - Report abuse 0
  • BritishLion

    Spending millions of $'s with the Chinese will not have helped, the military getting a major refit is a poor priority to consider and harping on and on about the Falklands is another negative factor. Again, the ego of CFK has got in the way of what should be done, for example, making friends and not enemies.

    Jul 12th, 2012 - 09:40 am - Link - Report abuse 0
  • LEPRecon

    No it can't be true, CFK says that Argentina has no problems. Her economic model is the envy of the world! This is all LIES, LIES, I tell you!

    Why the street if Buenos Aires are paved with gold, and even the poor people live in mansions and drive Ferrari's, and earn twice as much as the richest people in the US and Europe do. Never have people been so happy, healthy and wealthy in Argentina.

    Surely this can't be true...

    Q. How can you tell if the Argentine President is lying?
    A. Every time she opens her mouth! LOL

    Jul 12th, 2012 - 10:25 am - Link - Report abuse 0
  • Welsh Wizard

    Well, she has been saying that she wants to push “The Model” as much as possible so, to be fair to her, she has done a good job on that score as it is obviously working. State sponsored inflation...

    Jul 12th, 2012 - 10:51 am - Link - Report abuse 0
  • malicious bloke

    BUT BUT BUT inflation is a GOOD thing!

    Thanks to The Great Leader, every argentine will soon be a MILLIONAIRE!

    Eat THAT, evil imperialist economists!

    Jul 12th, 2012 - 11:42 am - Link - Report abuse 0
  • Islander1

    Think- you need to buy that Nail Extractor as it looks like RKH have their incestor?

    Jul 12th, 2012 - 11:55 am - Link - Report abuse 0
  • EnginnerAbroad

    Well now its officialy in double figures but we all know it has been that way for a long time. Seems like a bit of a non story. bet its not in the majority of the Argentine papers today though.

    Jul 12th, 2012 - 12:06 pm - Link - Report abuse 0
  • Idlehands

    Odd that there has been no mention on Mercopress of the military agreement about to be signed between Argentina and Venezuela

    http://www.buenosairesherald.com/article/105945/argentina-venezuela-to-sign-military-agreement

    They say you can judge a nation by it's friends. Anyone else want to get into bed with a fat balding ranty bloke?

    Jul 12th, 2012 - 12:28 pm - Link - Report abuse 0
  • EnginnerAbroad

    Another story not being reported by Mercopress. Appologise it is in spanish but it is fairly simple to understand.

    Central bank of Argentina predict a 20% devaluation of the pesos against the doller in the next 12 months.

    http://www.cronista.com/finanzasmercados/El-Central-avala-expectativas-de-devaluacion-del-20-en-los-proximos-doce-meses-20120712-0049.html

    Jul 12th, 2012 - 12:53 pm - Link - Report abuse 0
  • JuanGabriel

    CFK thinks that inflation is to do with the amount of botox she is going to have implanted in her lips at her next scheduled op.

    Jul 12th, 2012 - 12:53 pm - Link - Report abuse 0
  • KretinaK

    @ #8
    Very very scary news about Argentina signing a military cooperation agreement with Venezuela, these people are looking to start a war. Did you hear about the new “militant” movement that Kirchners are starting that will make “La Cámpora” look like a group of kids in nursery school? It's called “Vatayon”, it's a Kirchner backed group that goes into the prisons of Argentina to recruit supporters for their political movement. This is frightening!
    https://www.facebook.com/#!/vatayonmilitante

    Jul 12th, 2012 - 01:09 pm - Link - Report abuse 0
  • British_Kirchnerist

    #8 “They say you can judge a nation by it's friends. Anyone else want to get into bed with a fat balding ranty bloke?”

    Depends what he's ranting about I suppose, Chavez rants the truth =)

    #11 Have just followed your link and they seem to have been going for a while, can't find anything about prisons though

    Jul 12th, 2012 - 01:30 pm - Link - Report abuse 0
  • Idlehands

    Anyone claiming to support Chavez just makes me laugh. He's currently sending diesel to his good buddy Assad.

    Vatayon:

    http://defendamosbuenosaires.blogspot.co.uk/2012/07/vatallon-militante-los-militantes-y.html

    Jul 12th, 2012 - 01:36 pm - Link - Report abuse 0
  • LEPRecon

    @12 - BK

    Once again you look all dewy eyed at a dictator, who has made it illegal to criticise him, his government and his policies. The media has been gagged, and opposition politicians are censored or imprisoned.

    “Blaming President Chavez or the Venezuelan government for the current bitter divisions in Venezuelan society, the bad economy, a sudden poverty growth and deaths in opposition demonstrations could result in an infraction of the law and therefore in strong penalizations (if the offense is ”interpreted” or considered disrespectful towards legitimate institutions and authorities).”

    http://en.wikipedia.org/wiki/Censorship_in_Venezuela

    Venezulas military is stronger than Argentina's, not that it matters because it appears CFK is handing over the keys to the country to Chavez in the hopes he'll invade the Falklands for her. However, although Venezula's military is stronger than Argentina's it is still nowhere near strong enough to take on the UK, even of they combined forces.

    Paraguay on the other hand might be considered ripe for invasion. Tell me BK, if Venezula invades Paraguay and removes the democratically elected government, would you support them?

    If I were the Paraguayan government I'd accept the US offer and let them build a base. No way would Venezula or Argentina try to take on the Yanks. The reason is thy are bullies and like all bullies and cowards, they will only attack someone weaker than they are.

    Chile and Brazil should make a military pact too, that would put the kaboosh on the Venezulan/Argentine plan, and make it look insignificant.

    Jul 12th, 2012 - 02:16 pm - Link - Report abuse 0
  • Truth_Telling_Troll

    Inflation is not important in Argentina, growth is.

    Inflation phobia iis for European, North American, Japanese, Chinese prunes. And now this phobia has been installed in Latin American nations like Mexico, Uruguay,Peru, Chile, Brazil, Colombia... which rather have the fake “pride” of low inflation, but stagnant economies.

    How is it that Europe, Japan, North America, China (now), and Latin America EXCEPT Argentina have “low inflation” but their economies are quagmires of low growth?

    Inflation control is slavery. Argentina will have no part of it. If Venezuela wants to cross over to the prunes' side, fine. We shall be the only ones on Earth saying “screw you” to the world, we won't lower inflation at the expense of growth.

    Jul 12th, 2012 - 02:19 pm - Link - Report abuse 0
  • ChrisR

    @13

    You would think the prat on the front page would be able to light his cigarette!

    Perhaps these releases criminals are The Mad Bitch Of Argetnia's new cabinet, just to make the number of crooks up.

    DunniBurger reckons there a 3 million firearms in BsAs so you would imagine there is no shortage of 'supporters' for the glorious leader.

    Jul 12th, 2012 - 02:30 pm - Link - Report abuse 0
  • yankeeboy

    Toby, THERE IS NO GROWTH!! You have 30% inflation and ZERO growth. It is the ABSOLUTELY WORST COMBINATION POSSIBLE and will end in spectacular failure.

    Jul 12th, 2012 - 02:31 pm - Link - Report abuse 0
  • axel arg

    JUST A QUESTION.
    In journal la nación, it says that according to private analists, the inflation will be 22% this year, my question is, what private analists affirm that?. Journal la nación and others conservative journals, as usuall don't show their sources, where they got information from. Anyway i understand that this kind of news is great for some of you, who are looking forward to an economic recession in argentina, however you should know that the source which was used by this article is not reliable in absolut, it lies all the time like clarin (the most important newspaper from argentina), and perfil, because they have a push of power with the government since c. f. k took office in 2007. You can accept or not what i say, but unfortunatelly if you take journal la nación seriouslly, you won't know how missinformed you are. Regarding the inflation level, i dont deny that it's high, but most our rases are not lower than the inflation, beside this problem will take many years to be solved, because it's related to the huge economic concentration that we have in the most important sectors of the economy, and it's related also to the lack of financial support by the banks to the enterprices. Most banks give credicts for the craving of goods mostly, and just a few of them give financial support to the enterprices, which is the most important. Ayway, that situation will change shortly, because after the reform of the central bank, the banks will be forced to borrow money to the enterprices. The banks have won huge summes of money thanks to the policies of the government, so, ike them or not, they will have to learn to borrow some money.
    Beside, this article omits that thanks to the policies which were applied by the trade secretary, we can keep a high trade surplus which is the most important.

    Jul 12th, 2012 - 02:37 pm - Link - Report abuse 0
  • Tobers

    @Axel

    If inflation of -22%- doesnt exist then tell me how much a carton of milk costs now or bread, clothes, electrical goods etc and tell me how much they cost a year ago?

    Jul 12th, 2012 - 02:57 pm - Link - Report abuse 0
  • EnginnerAbroad

    @18 well for a start the IMF believes the independent analysts and not the Argentine government which when Nestor came to power sacked the economists in the national satistics office and replaced them with government lackies who would only state the offical government line. The reason they will not state there sources is the Kirchinite governments poliy to fine anyone who disputes the offical government figures (which I call state sponsered censorship). I would personally rather beline La nacion and Clarin rather than the government owed news outlets. I dispoute that price rises are lower than inflation, I live in Argentina and can hoenstly say that the prices of foods and goods have increased between 15 and 20% over the last year. Dairy products went up in my local Vea by almost almost 15% this week alone.

    With your bank argument the idea is flawed from the start as the government will force banks to loan money at intrest rates lower than inflation (this is the same sort of issue as we saw in the US and Europe will sub prime lending, i.e. the banks would crash bringing the economy with it). the banks will resist it and if they cant we may see them choosing to pack up their operations in Argentina and move to safer and more secure political environments.

    The Argentine trade surplus is decreasing as is construction as is manufacturing which is being driven on by the government polices of protectionism which is seeing the rest of the world turn its back on Argentina products.

    @15 now come do you really believe that inflation is not a problem? It leads to a devaulation of the national currency and therefore makes it more expensive to borrow and import goods. I thought a little light reading might help: http://www.oswego.edu/~edunne/200ch7.html. The problem with Argentina is is does not have growth now, it is declining which will a large inflation rate will lead to stagflation. http://www.oswego.edu/~edunne/200ch7.html.

    Jul 12th, 2012 - 03:01 pm - Link - Report abuse 0
  • yankeeboy

    It is not LEADING TO stagflation it is already IN Stagflation. The Arg economy went into depression Nov 11. Once the IMF does it audit it should all come out. Watch for MASSIVE lawsuits over INDEC messing with the GDP and Inflation numbers so the Indexed bonds were underpaid. ARG will owe MULTI BILLIONS of U$ over this.

    Jul 12th, 2012 - 03:08 pm - Link - Report abuse 0
  • mastershakejb

    better call home those UN peacekeepers from Haiti, argentina, cause you're gonna need em at ome now, since your own nation is turning into haiti

    Jul 12th, 2012 - 03:10 pm - Link - Report abuse 0
  • Tobers

    Axel doesnt really believe that inflation isnt a problem. Only a severely mentally incapicitated person would fail to notice the sharply rising prices. He/she is just towing the party line hoping for the payoff for his/her loyalty He /she has sold out or in other words has no integrity.

    Or is just trolling.

    Jul 12th, 2012 - 03:16 pm - Link - Report abuse 0
  • yankeeboy

    Before all the RG (la camping) posters get their panties in a wad I meant recession in Nov 11 not depression...that's probably next year...

    Jul 12th, 2012 - 03:16 pm - Link - Report abuse 0
  • Idlehands

    15 Truth_Telling_Troll

    The most breathtakingly stupid comment on here that I've seen for quite a while - and that is up against some stiff competition.

    You should run for election and become an economic assistant to CFK

    Jul 12th, 2012 - 03:28 pm - Link - Report abuse 0
  • Millet

    15 Truth_Telling_Troll with your “outstanding logic” you sound like CFK's adviser. It is beyond comprehension what is sometimes written on this forum. - Millet USA

    Jul 12th, 2012 - 03:39 pm - Link - Report abuse 0
  • Tobers

    @TTT

    We are disappointed. We expect better from you.

    I mean a 5 year old could understand that their is a relationship between inflation and growth. If the price of sweets rises alot and your pocket money only a little then you cannot buy so many sweets....

    Jul 12th, 2012 - 03:41 pm - Link - Report abuse 0
  • yankeeboy

    25/26 Toby is no where near as dumb as Axel, give him a break, he has never been outside of Argentina and is afraid books from the USA are poisoning him.
    When you have the BCRA President openly says money supply has no effect on inflation there is certainly no hope for someone from a backward province 13 hrs by plane to civilization understands it....come one guys!

    Jul 12th, 2012 - 03:45 pm - Link - Report abuse 0
  • Truth_Telling_Troll

    Well, when the EU is in recession, when the USA is at 0% growth, when Brazil is at 0% growth, when China and India's expansion is “contracting”, when Japan continue its malaise... how do you expect Argentina to grow when the economies of a combined 4.5 billion people show such utter incompetence of creating any economic activity?

    100 times more people than Argentina... obviously we will be dragged down by the “new poor” of the north.

    Jul 12th, 2012 - 03:53 pm - Link - Report abuse 0
  • axel arg

    TOBERS.
    You understood just what you wanted, like some mediocre people who publish comments here everyday do, i never said that inflation isn't a problem, in fact i explained the causes of it in my comment 18, and said also why i think that this problem will take many years to be solved. Respecting the 22%, i dont deny that maybe it's true, but i said that journal la nación, and others conservative newspaers, which have a push of power with the government, dont show the sources where they got the information from, beside, i explained why i never take seriouslly what is published there.

    Jul 12th, 2012 - 03:55 pm - Link - Report abuse 0
  • BritishLion

    One thing after another eh Malvanists? Is there ever going to be good news? Will the blame for all these troubles ever drop in the lap of CFK? Or, will it be the fault of the UK, USA and Europe for all the terrible problems that face the CFK Dictatorship, oops sorry, Government.

    Jul 12th, 2012 - 03:57 pm - Link - Report abuse 0
  • Simon68

    30 axel arg (#):

    La Nación doesn't publish its sources on economic matters because they (the sources) would be fined heavily by the Government for not supporting the INDEC figures.

    To plagiarize a Kirchnerist phrase: INDEC miente.

    Jul 12th, 2012 - 04:19 pm - Link - Report abuse 0
  • EnginnerAbroad

    @30 I also explian why they dont publish the sources because this would lead the sources open to prosecution from the government. i.e. the government makessomeone a criminal for diasgreeing with them. IUt is telling however that the IMF, world bank etc believe the independent assesments and not the governments assesment.

    @29 so you are now admitting that Argentina is contracting because of world influences, fair enougth I accept that argument. But do you also understand that without the growth to sustain it high inflation is a problem to the Argentine economy. The unfortuante thing is that Argentina has the potential for growth but its isolating itself from foreign investment and trade by protectionist measures and there attitude than compnaies should not be allowed to make a profit.

    Jul 12th, 2012 - 04:25 pm - Link - Report abuse 0
  • yankeeboy

    http://www.youtube.com/watch?v=S4LGSK1hoXU

    The one RG that explains inflation with their own currency.

    Enlightening

    This video was Mar 2011

    BTW I just search on youtube for hyperinflation explanation to pass on to our less studied RG posters. EVERY SINGLE entry was about Argentina.
    hahaha
    You would think they would learn

    Jul 12th, 2012 - 04:33 pm - Link - Report abuse 0
  • jerry

    Listen to #20. He lives in Argentina, so he must know the truth of the milanesa.

    Jul 12th, 2012 - 04:42 pm - Link - Report abuse 0
  • Tobers

    Its all about control. The government has to have its hand in all industry /institution in Argentina for fear of that industry/institution becoming too independent and thus able to influence and challenge the peronist system. Behind all political campaigns are Industry/institutional donors. Simple.

    Peronism doesnt want growth because it represents a threat. Hence after 70 years and all that Argentina has it wallows in a system that continually retards the country's development.

    It really is a shitty system. The all important nationalism simultaneously being the destructive agent on the one hand and the glue on the other that keeps it together just enough until the periodic collapse arrives. Economy collapses. Blame all and sundry especially the immoral Europeans/Americans. Shout Las Malvinas and other nationalistic nonsense incessantly and cycle begins again.

    Jul 12th, 2012 - 04:46 pm - Link - Report abuse 0
  • EnginnerAbroad

    @35 Is there a truth to milanesa? I thought it was the same as the Italian dish just ham and cheese placed on top. I havnt worked out Argentine obsession with Dulce de Leche yet though, so any help would be helpfull.

    Jul 12th, 2012 - 04:55 pm - Link - Report abuse 0
  • axel arg

    ENGINNER ABROAD. SIMON69.
    Sorry guys, but your conclusions can't be more pathetic. I respect the fact that you don't agree with the policies of the government, in fact there are many people who don't like the kirchner, in the same way that millions of us voted for c. f. k. But it doesn't mean that you have to victimize a journal like nación. Beyond if you are k or anti k, there is something that nobody can ignore, i mean the fact that those newspapers lie all the time, because they have a push of power with the government since c. f. k took office in 2007, and we all know why. I understand that maybe you love reading la nación or clarin because they criticise c. f. k all the time, but the problem aren't the critics, in fact, c. f. k's government has some negative aspects and contradictions, but the problem are, the distortion of the reality, the lies and the mediatic operations that those newspapers do everyday, and untill dicember 7th, it will be getting worse, and i think you know why don't you. If i were you, i would never take seriouslly those sources, anyway, you have right to believe in your own fantasy if you it makes you happy.
    Regarding the indec, i dont deny that i have doubts about the indexes that it publishes every month, but i won't put my hands on the fire for any of those so called private analists either, because some of them are just lobbysts of powerfull corporations, if you really think that most them are independent, then i think it explains how inocent you are. On the other hand, if your so loved private analists say the truth, they shoudn't be affraid of any fine, don't you think that maybe the lie too?. Anyway beyond the controversy with the credibility of the indexes, most rases in our salaries, not all, are higher than the inflation level, and i explained why it will take many years to solve that problem. Beside, it's obvious that the banks will resist the decisions of the government, but they will be sanctioned.

    Jul 12th, 2012 - 05:55 pm - Link - Report abuse 0
  • EnginnerAbroad

    @38 what a beuatiful conspiracy theory. Why would those Argentines who didnt vote for CFK want their economy to fail? It would cause just as much pain for them. My point is that you shouldnt believe anything you ready in a newspaper just because they say so but Clarin and la Nacion are at least independent of state ownership and I would trust their word beyond that of papers owned by the Kirchinite government they spread just as many if not more lies as they will blindly follow the government word because its them who pay them.

    As for the indec, they are not fined for lying they are fined for disagreeing with the government. What motivation does the world bank and the IMF have to lie about the inflation rate. The IMF is owned money by Argentina so why would it want the economy to fail and expose its contributers to risk?

    Foreign banks will not put up with being told to lend money at rates below inflation thereby risking their global capital investment, they will pack up their operations and leave with all their jobs and investment. Many banks in Argentina are interntional and as soon as there shareholders feel the risks are greater than the rewards they will be gone.

    Your blind faith in news streams owned and operated by the government is what is pathetic and an afront to the very idea of free speach and therefore democracy as a whole. If these other newspapers lie then tell CFK to take them to court and sue from liable. The problems there is she would have to proove it is a lie and she cant, can she?

    Jul 12th, 2012 - 06:13 pm - Link - Report abuse 0
  • LightThink

    19
    1 lt milk = 1,52 Ps ( 2011)..............1 lt milk = 1,54 Ps (2012)

    other goods you said have all diversified prices depend on your purchasing power.

    Jul 12th, 2012 - 07:14 pm - Link - Report abuse 0
  • slattzzz

    The trend seems to be blame the UK/US for everything, blind, deluded, brainwashed comes to mind, bet BK has his tissues out right now looking at pictures of the plastic one

    Jul 12th, 2012 - 07:23 pm - Link - Report abuse 0
  • EnginnerAbroad

    @40 where on earth are you buying your milk? Its ARS $5.20 in my local Vea or about US $1

    Jul 12th, 2012 - 07:26 pm - Link - Report abuse 0
  • slattzzz

    @42 cause she's telling porkies as usual mate

    Jul 12th, 2012 - 07:41 pm - Link - Report abuse 0
  • EnginnerAbroad

    @43 well thats what I thougth just wanted to expose the lie. Having now had it confirmed by my wife who went to the Vea today the price for a litre of milk is ARS $6. So if it was ARS $1.52 in 2011 thats an inflation rate of 394%, its like Zimbabwe.

    Jul 12th, 2012 - 07:47 pm - Link - Report abuse 0
  • LightThink

    44
    obviously you dont live in Argentina
    obviously you live outside of Argentina.

    Jul 12th, 2012 - 07:49 pm - Link - Report abuse 0
  • EnginnerAbroad

    @44 or your a liar. I can assure you I do live in Argentina. In San Juan.

    Want to actualy try and argue sensible or continue to call me a liar.

    Jul 12th, 2012 - 07:53 pm - Link - Report abuse 0
  • LightThink

    46
    @44 or your liar. .......................

    Do you speak yourself ?
    what a nervousness , you would say not knowing the prices.

    Jul 12th, 2012 - 08:05 pm - Link - Report abuse 0
  • agent999

    @46
    LightThink is not allowed to go shopping,

    Has searched google for “the price of milk in Argentina” and managed to quote the farm-gate raw price per ltr.

    Jul 12th, 2012 - 08:50 pm - Link - Report abuse 0
  • slattzzz

    It's alright Lightdick doesn't think I've been to the Falklands either bless it, probably go to bed soon ready for school tomorrow

    Jul 12th, 2012 - 09:10 pm - Link - Report abuse 0
  • yankeeboy

    https://www3.discovirtual.com.ar/Comprar/Home.aspx

    UAT SANCOR WHOLE MILK 1 LT A + BRIK
    $ 7.15 x Lt

    I think it was a peso when I lived there..

    Jul 12th, 2012 - 09:11 pm - Link - Report abuse 0
  • Joe Bloggs

    Looks like you're right again Yankeeboy. Keep up your forecasts because they alway work out to be correct.

    Jul 12th, 2012 - 10:12 pm - Link - Report abuse 0
  • slattzzz

    Yankeeboy any tips for lottery on saturday nod nod wink wink half each matey

    Jul 12th, 2012 - 10:55 pm - Link - Report abuse 0
  • Ayayay

    Argentina and California are roughly the same population size
    Now Californians feel bad knowing that their insanely paid jobs at Facebook, Google (Orkut), Twitter, Zynga, Apple, etc. make them 'the New Poor of the North' compared to Argentina: http://online.wsj.com/article/SB10001424052702303296604577450760765114108.html

    Jul 13th, 2012 - 01:31 am - Link - Report abuse 0
  • St.John

    @ 18 axel arg

    2012 May: Argentina’s 12-month inflation expectations remain steady above 30%, says Torcuato Di Tella University.

    http://en.mercopress.com/2012/05/22/argentina-s-12-month-inflation-expectations-remain-steady-above-30-says-utdt

    Jul 13th, 2012 - 04:36 am - Link - Report abuse 0
  • The Chilean perspective

    @15 Truth_Telling_Troll.
    Oh boy you are a twisted individual.
    Inflation is a hidden tax that steals the wealth of every human subjected to it. Argentina is making a TERRIBLE mistake by not combating it. Its people will suffer greatly as a model with high inflation cannot last. It soon brings all the nasty associated illnesses like lost productivity, low savings levels, high taxes, high interest rates, decreased investment, social unrest, currency problems, loss of confidence etc.
    Inflation is a very well understood problem and it has destroyed countless economies in the past. The easiest equation is MV=PQ
    M=money supply, V= velocity(@ which it circulates) P=prices, Q= quantity of expenditures. So simply when M goes up so does P. There's no getting away from this. It's mathematics.
    The CFK admin must immediately reduce the money supply, cut expenditure on non productive subsidies, bring the budget to surplus regardless of the pain, begin a steady and gradual reduction in their import barriers,make the central bank independent in order to better fight inflation and float its currency. The Peso will take a hit but with the large reserves of the central bank it wont be too bad (10-15 pesos to the dollar) Real growth will soon take off again as the manufacturing and agro industries explode in an export led recovery of the economy. I estimate the pain will last no more than a year or two, followed by constant sustainable growth. Unfortunately I don't think the CFK cabinet reads this paper.
    Saludos.

    Jul 13th, 2012 - 07:54 am - Link - Report abuse 0
  • LightThink

    48
    thats right it is the raw price which i wrote it 1,5 Ps/Lt.,but this was the ~retail price during 90th years on..now its price between 5Ps...7Ps./Lt.

    I had written to test our Engineer's reflexes...but ineffectual.

    Jul 13th, 2012 - 10:06 am - Link - Report abuse 0
  • axel arg

    ENGINNERABROAD.
    Like i said in my last comment, you have right to live in your own clarinist fantasy if it makes you happy. If you think that they say the truth just because they aren't kirchnerist, then i think it's a waste of time debating with you, this is evident that you dont want to see the reality. You dont need to be k or anti k to realise that those newspapers lie all the time, beside, i dont deny that c. f. k omits information like all the politicians do, but only an injudicious guy like you can think that those newspapers are reliable, perhaps the hate that you feel for c. f. k doesn't let you have enough intellectual honesty, in order to make an ample analysis of the problems, without buying so easily the mediatic operations, and the too partial analysis of some orthodox economists who publish comments in your so loved clarin and la nación, who blame only the government because of the inflation, and don't say absolutly anything about the huge economic concentration that we have in the most important sectors of the economy, and about the lack of financial support to the enterprices which is the most important. There you have your so reliable private economists, keep on buying their lobby, and your analysis will continue being as mediocre and athetic as theirs. In my case, allthough i support many of the decisions that c. f. k took, i don't deny all the structural problems that we have, and the contradictions and corruption cases of her government, beside, my analysis are always ample, thats' why i say that it will take many years to solve the problem that we have with the inflation level, and the structural poverty that we still have in the country.

    Jul 13th, 2012 - 01:30 pm - Link - Report abuse 0
  • Tobers

    -You dont need to be k or anti k to realise that those newspapers lie -all- the time-

    ALL the time? Exaggeration. They are biased but not so much anti CFK as anti peronism and anti state control over every aspect of Argentine life. They have the right to exist. Every democracy has its left and right wing media (to varying degrees). So what? What are you scared of?

    Besides how you can fault the anti government media - 2 newspapers that the majority of CFK supporters will never read or take seriously - when the government has its own far larger propaganda machine...and it starts in schools its in the names of streets and the pubic buildings vast nationwide network of media channels. Its everywhere - as any peronist government wants it.

    -i don't deny all the structural problems that we have, and the contradictions and corruption cases of her government-

    So why on earth do you tolerate it?! You really should set your standards far higher.

    Jul 13th, 2012 - 03:42 pm - Link - Report abuse 0
  • Simon68

    57 axel arg (#)

    You really buy in to the Kirchnerist propaganda, don't you?

    “Clarín miente.”

    Have you ever looked at Clarín's holdings in Argentina? At a conservative estimate they are worth around US$35 billion!!!!

    Can you imagine someone with that sort of capital invested in the country hoping that the economy that he lives in will fail?

    You say you are a teacher, therefore you have some sort of education, so can you possibly believe that it is in Magnetto's interest that the Argentine economy goes down the tubes?

    If you seriously belive that, then God help our poor children, their education is in the hands of idiots!!!!

    Jul 13th, 2012 - 03:57 pm - Link - Report abuse 0
  • St.John

    In #40

    LightThink is deliberately lying to us.

    I have kept three tickets from Carrefour at the corner of Belgrano and Av. Las Heras from when I was in Mendoza March 2010, August 2011 and May 2012 providing documentation of the Argentine inflation.

    Leche semidescremada en bolsita, art. no. 449000

    2010 March .. 449000 LCHE LS UL 3.60
    2011 August . .449000 LCHE LS UL 4.60
    2012 May ..... 449000 LCHE LS UL 5.58

    Jul 13th, 2012 - 11:41 pm - Link - Report abuse 0
  • axel arg

    TOBERS. SIMON68.
    I woudn't say that most people in the country take serioussly clarin and la nación, i was just arguing about the people in this forum, who buy so easily the lies and the too partial information that is published in those newspapers. Anyway i think that mercopress is a good web site, it tells almost everything about the situation of the country, the problem of some people here, like i said in another comment, is that the hate that some of them feel for c. f. k., like simon68, doesn't let them have enough intellectual honesty, in order to recognize that despite the contradictions and some negative aspects that her government has, she made a lot for the country too. What simon says in his comment 59, where he criticises me because i say that clarin lies, conffirms what i have always thought about some of the people who publish coments here everyday. It woudn't sorprise me if in future comments i read that this people deffend clarin and la nación, arguing that both are reliable press.
    Regarding what you call a large k propaganda, that shows that you know nothing about the press. As the future journalist that i hope to be some day, i can tell you that all the newspapers or chanels have right to have their editorial line, the fact that some newspapers are pro k, doesn't mean that they are propaganda, because if some day you read some of them, you'll see that there are a lot of critics to the government too, i know what i say, because i read different newspaers which have different editorial lines. The problem is when some of them distort the information, or lie, or do mediatic operations, or do anaylsis which are too partial (like clarin, la nación and perfil), beside, only an ignorant can compare the influence of the newspares that support the government, whith the most powerfull mediatic corporation from arg.
    That ignorance is showed in simon's comment 59, i 'm sure that next time he'll say that clarin doesn't lie and it's a reliable source.

    Jul 14th, 2012 - 09:34 pm - Link - Report abuse 0
  • SussieUS

    High food prices are found in the USA. I paid U$S5.00 for a gallon of milk.
    U$S 9.00 for a T-bone. U$S 4.00 f0r a loaf of bread. U$S 6.oo for a large watermelon. U$S 5.00 for a pound of cherries. Dulce de leche is not recommended because of the high content of sugar it makes anyone fat!No bueno.
    Milanesas, yes. breaded fry beef with lemon. Que ricas!
    Hey, you guys, the USA economy is as bad as in Argentina and no economist can present a plan to avoid inflation. It costs me approximately U$S2,9oo per month just to survive.
    Here in Arizona, the Paradise Valley School district just announced cuts 58 teaching jobs due to budget reductions. Starting salaries for these teachers is only U$S35,000.p/year which is not enough. What is the future for these teachers: face poverty.They will loose their home, savings, health care insurance, car, etc. You see , is not only in my country Argentina people re suffering hunger, here in the USA the “food stamps” President Obama simply cannot find economists to relieve hunger. The Salvation Army is calling for food and clothes donations,
    the church food bank shelves are empty. The other day I saw an US marine confused walking the streets. Most US veterans are seen begging for food. This is a fact.

    Jul 16th, 2012 - 10:11 pm - Link - Report abuse 0

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