MercoPress. South Atlantic News Agency
Argentina the world’s most protectionist country, says World Bank trade report
For the second time in the roll a study from World Bank’s Global Trade Alert points Argentina as the world’s most protectionist country. In a report released by the institution, Argentina appears as the country which applies the most restrictions to control foreign trade for the second time in a roll. Read full article
Comments
Disclaimer & comment rules[THE NEW ARGENTINA ] [see picture]
Jul 24th, 2012 - 10:01 pm - Link - Report abuse 0You see,
Eye was right,
She has finally cracked given up argentina main land , without telling the people,
For a small islands, a fraction of its size,
How argentina has changed, look at the new map,
,,,,,,,,,,,,,,,,,,,,,,,,,,,
Well for a swap, 3,000 Falklanders will do wonders on the mainland, in there new Falkland country,
But how CFK is going to get 40 million on there new islands we don’t know,
Sure glad we aint going to tell em.
fools.
Answer that one, argies lolol.
“The World Bank is just a weapon of the West to keep the likes of Argentina represessed.... yardy yardy yardy”.
Jul 24th, 2012 - 10:02 pm - Link - Report abuse 0Just sit back and watch. Yawn.
“Argentina the world’s most protectionist country”
Jul 24th, 2012 - 10:17 pm - Link - Report abuse 0You dont say....
I think this is probably the only thing Argentina leads the world at....
Jul 24th, 2012 - 10:46 pm - Link - Report abuse 0Buenos Aires Herald
Jul 24th, 2012 - 10:48 pm - Link - Report abuse 0http://www.buenosairesherald.com/article/107027/world-bank-report-says-argentina-is-the-world’s-top-protectionist
According to the report, Argentina applied 168 measures since 2009 to restrict and control the trade followed by Russia, US, China, India and Brazil.
National curbs to imports affect mainly China, Brazil and the United States, the document informed
Shooting them selves in the foot AGAIN ??
.
Protectionist Argentina?? Barrick gold is polluting our drinking waters as we speak, the british illegal aliens theft our fish and UK is thieving our oil. Maybe Argentina should go a head ands benefit from fishing Antartica Argentina to show them WTO we will not protect resources for thieves and pirates anymore. I think I will invest in argentina's fishing corporates this year I hear from the will beabooming year for fishing in Antartica Argentina.
Jul 25th, 2012 - 12:59 am - Link - Report abuse 0I don't buy foreign crap anyway, unless absolutely necessary. No foreign jeans, shirts, no foreign shampoos, cheeses, chocolates, sneakers. I don't watch foreign movies I wait till they are free on television or a friend gets a DVD, but since I'm not a big movie person it does not matter.
Jul 25th, 2012 - 01:04 am - Link - Report abuse 0I really don't need 95% of the materialistic waste that the Europeans, Brits, Japs, and Americans call their exports. Perfectly happy without them.
@7
Jul 25th, 2012 - 01:37 am - Link - Report abuse 0Good for you, we'll enjoy watching your economy implode.
BTW what are you typing on?
Ha, do you think I wasn't expecting that?
Jul 25th, 2012 - 01:43 am - Link - Report abuse 0It's part of my 5%, computer, television, fragrance (if I like it) and spirits. Not even cell phone I don't care about them I get the cheapest or least techie unit.
Pretty pathetic that your life and your worth is so based on material status and brand names that their removal you would categorize as “implosion” of your economy. Typical $$$$ westerner.
9 TiT
Jul 25th, 2012 - 02:29 am - Link - Report abuse 0Maybe when you get a job you will be able to afford some new things, until then I guess masturbation will have to do!
I don't need material things to feel accomplished. I learn, I learn geography, science, astronomy, languages, vocabulary, politics. Intellectual self-build is much better than materialism.
Jul 25th, 2012 - 03:06 am - Link - Report abuse 011. You may take classes but you certainly haven't learned much based on your pathetic posts.
Jul 25th, 2012 - 03:17 am - Link - Report abuse 0You are very similar to Think. Profess to admire a sterile lifestyle but your posts are full of envy and hate.
I feel sorry for you, you are going to end up like him, bitter, alone living in a cold windy hut, wondering how someone as smart as yourself is such an utter failure.
I'm only “hating” back, you are all the ones who hate us and denigrate me as a lesser human just based on my nationality, you are the ones who believe yourselves genetically/culturally/intellectually superior and I have proven time and again you are nothing of what you all claim to be.
Jul 25th, 2012 - 03:23 am - Link - Report abuse 0The fact you are all here talking how great your countries are is a great indicator that suggest the contrary, otherwise people who trully believe such things would not have the need to restate it day in and out.
You are pathetic for looking down on people who reject your shallow, meaningless lifestyle where the worship of purchase is all you have. You have shown nothing as a person that suggest there is anything else you care about but money.
I looove the picture above....good job Mercop.
Jul 25th, 2012 - 04:03 am - Link - Report abuse 0@13 “I'm only “hating” back, you are all the ones who hate us and denigrate me as a lesser human just based on my nationality”
Jul 25th, 2012 - 04:27 am - Link - Report abuse 0Lol coming from the guy that accused me and no doubt other brits of being racist and sexist, not to mention other argentines on here that have accused me and others of being sexual perverts/predators. All because we disagree with your views and comments, even debate them with you whilst we also happen to be british. I think its more like you and the other argentine youth group members on here that are the ones that hate others not us brits. Must of us Brits here have nothing but the desire for peace and love with the agentine people, but at the same time we do not tolerate those few argentines that ignorant of the truth and are clearly obsessed with CFK (whos leading your country into economic and social meltdown) and the falkland islands (which never was part of argentina ever).
None of us want war, we all want peace, but its your countries government that is in the way of peace and is looking for a fight, not us. And one thing that history has taught every country on this planet, is that when it comes to having to fight, we brits never shy away of back down from a fight. 1982 is a good example where they said it would be impossible for us to retake the islands, where we were outnumbered 5-1 and out gunned (in terms of number of planes and other military assets). Another example would be the 2 world wars, especially the battle of britain in WW2. Even though we may look militarily weeker due to cut backs, we still have the ability to kick arse if anyone starts a fight with us. DEspite our ability to fight back and win, our real goal is peace, and if fighting a war in the short term means long term peace then so be it. but just remember, its argentina thats spoiling for a fight not britain as we would rather have peace without having to go to war first.
pro·tec·tion·ism (pr-tksh-nzm)
Jul 25th, 2012 - 05:41 am - Link - Report abuse 0The advocacy, system, or theory of protecting domestic producers by impeding or limiting, as by tariffs or quotas, the importation of foreign goods and services
National producers must be really happy about this.
@16 - Really, so how can they be happy when the import restrictions make getting goods, such as ingredients or parts they need, that they can not get within argentina as cheaply, make them happy? If anything its is forcing them to increase their prices for two reasons.
Jul 25th, 2012 - 06:22 am - Link - Report abuse 01 - The extra cost of ingredients and parts
2 - The loss of income from goods they produce, due to restrictions on exporting, where they must also purchases government requested amounts of government request goods in order to export their goods.
Both of the above not only add to increased local/national prices for such goods, but also result in increased inflation and reduction in growth and product which is what we have seen the last two quarters. CFK's policies are leading you back in to recession, but worser than that it is leading to stagnation, high unmanageable inflation and devulation of your currency and networth e.g. it is making your country broke, it is costing argentines their jobs, which increased state handouts, which in turn will result in higher taxes, which in turn results in higher living costs but lower wages as people take pay cuts.
Yeah i bet they and the ordinary argentine citizens that are protesting on the streets, demanding more wages so they can buy food and pay their bills, not to mention the company owners that are now struggling to make a profit, are really really happy - Not!!.
Prat hunter, your an american native living in canada and your ignorance of what is going on in argentina and lack of economic understanding clearly shows as a result. Also i doubt many south american natives would share your view of CFK or argentina as a whole, given the way they are treated and how they were slaugthered to near extinction in the late 1800's to the early 1900's
@16 Thanks for the education, it's always best to learn about protectionism from the experts. Make no mistake, protectionism only seems like a good idea to people who have no understanding of economics. Which is probably why CFK is in favour.
Jul 25th, 2012 - 06:28 am - Link - Report abuse 0However, the good news is that soon the only news you will be able to read will be - good news! According to the BA Herald the other day she is fed up with all the bad news in the papers and is going to bring in a new law so that only positive stories about her government and the economy get printed. So that means the BA Herald will soon be a leaflet!
@TTT,
Jul 25th, 2012 - 10:39 am - Link - Report abuse 0What an insecure resentful little toad you are.
We really couldn't care less about you or your precious Argentina.
You should join one of those servere religious orders where they flog themselves & don't eat properly.
Never have l read so much self-pity.
Snap out of it, man. Your poooooooooooooor country needs you.
Stop making me laugh, Tobias.
@13
Jul 25th, 2012 - 11:03 am - Link - Report abuse 0If you're so superior and intellectual then what are you doing trolling an obscure news site like mercopress and so coming into contact with us materialistic westerners eh?
Oh yes and this....
“I'm only “hating” back, you are all the ones who hate us and denigrate me as a lesser human just based on my nationality, you are the ones who believe yourselves genetically/culturally/intellectually superior and I have proven time and again you are nothing of what you all claim to be.”
You've not proveed anything pal, how is it that when someone attacks you they're 'hating us and denigrating me as a lesser human just based on my nationality' but when you attack someone you're 'proving they are nothing of what they all claim to be'? You might like to think that putting 'truth telling' in front of the word 'troll' makes a difference but it really doesn't, all is does is suggest that you're an idiot.
BTW maybe you should find out how national economies work, just a bit of advice for you before you make too much of a fool of yourself by trying to justify protectionism.
They are going to nationalise Metrogas. I suggest people short sell British Gas and Repsol (main shareholders)
Jul 25th, 2012 - 11:23 am - Link - Report abuse 0@2 I wonder why the World Bank is “picking on” argieland. It's not as though it's first in anything except repressions and restrictions. Even alphabetically, 6 other states come before argieland. Could it be because it's belligerent, corrupt, dictatorial, genocidal, incompetent, mendacious, puerile, repressive, restrictive, undemocratic, whiney and warlike? Or is just because nobody likes argies?
Jul 25th, 2012 - 11:36 am - Link - Report abuse 0@6 Jabber, jabber, jabber!
@7 Got an argie computer, have you? Investigated all the components, have you?
@9 So you've got a piece of cheap shite then. Still, got your fingers crossed for argie electricity, have you? Did you know that when the power surges back after a “black-out” is the favourite time for components to fail?
@11 Pity you never learned intelligence. Have you had a CT scan on your brain? See all those blank areas?
@13 Wrong. I don't denigrate you as a “lesser human being”. You haven't reached the point of being classifiable as a “human being” yet. At best, you are a turd. And still you continue to be wrong. I “care” about Gibraltar and the Falkland Islands. I want to see them free and autonomous when they choose. And I will happily come along to immolate anyone who sees things differently.
@16 You must be so proud you've learned how to copy and paste. Who did it for you, dog's breath?
But we should implement a new event. Perhaps a piggy-back race. The LatAm Desperation Steaks. Wait for it! Here's the running order. argieland will get on Uruguay's back (well, it's there already), then Brazil will climb on. And finally, Chavez the king crab will get on with the whip. The “race” is all around LatAm and the prize is uncontaminated meat. But just one steak because there's not much left. I reckon that Uruguay will collapse and die part way through the event leaving the winnings for the “Big Three”. Will CFK donate a turkey neck? Will Chavez donate a pig? Tune in to next week's exciting instalment of “Race to the Bottom and Beyond”.
IDB, WB and IMF have Argentina on a “watch list” for the potential of immanent implosion. This is from someone in the know....
Jul 25th, 2012 - 01:20 pm - Link - Report abuse 0Buy Sugar and Laundry detergent my Rg friends
It wasn't that long ago when stores didn't have prices on their items due to hyperinflation. I'm glad you have the experience to live through it again.
Electricity rates are being raised 28% gonna be a hot summer and cold winter for a lot of people who can't afford it.
For those in civilized countries, could you imaging a 28% increase in 1 month! Astounding!
Brr
yes, this is true and it's having some interesting effects on businesses not only in Argentina but in places like California as well: http://www.latitudenews.com/story/argentina-protectionism-impact/
Jul 25th, 2012 - 01:57 pm - Link - Report abuse 0pro·tec·tion·ism - The advocacy, system, or theory of protecting domestic producers by impeding or limiting, as by tariffs or quotas, the importation of foreign goods and services
Jul 25th, 2012 - 02:01 pm - Link - Report abuse 0National producers must be really happy about this. Since the prices are making it profitable for manufacturers to supply a cheap national alternatives,
#17 everything cost time energy and money as well as sacrifices, nobody gets a single thing for free, national production of alternative goods is not an exception to this rule. So yes thing will get expensive and scarce at the beginning and things will get worst before they get better, but nothing is free and sacrifices will have to be made, except that now we have a system that keep the us$ from taking our national resources and the scheme to have the peso support a national industry, now it's all matter of time. We are flattered that the world thinks CFK and Argentina caused the world recession and it is this conviction that is pushing Argentina to change for better drastically, it seems this government is not interested in chats and politics but actions to solved a world wide problem starting from home. You can join us and be part of the solution or you can be part of the problem while you sit on the side lines to complain and criticize. I don't claim to know everything but I am sure being confrontational will make progress impossible. I could be negative and trash CFK but that will only slow down progress, A catch 22 in every way isn't. CFK an amazing politician and great strategist.
@25 Total nonsense. You have swallowed CFK's propaganda hook, line and sinker. She is trying to persuade the 'sheeple' that she has devised a new economic reality and that all the pain that is surely coming your way will be worth it because it will lead you to a land of milk and honey. Good luck with that! CFK might as well tell you that the laws of physics don't apply to Argentina either.
Jul 25th, 2012 - 02:39 pm - Link - Report abuse 0pro·tec·tion·ism - The advocacy, system, or theory of a -government- protecting itself by impeding or limiting, as by tariffs or quotas, the importation of foreign goods and services
Jul 25th, 2012 - 02:47 pm - Link - Report abuse 0A richer less dependent more mobile society scares the shit out of Peronism.
Protectionism on the Argentine scale is to deliberately restrict and sabotage the economy when its getting -too- big.
Also it makes them look good
-We are doing it to encourage home industry because we are all in this together and we love Argentina. Arent we good to you people?
@26
Jul 25th, 2012 - 02:49 pm - Link - Report abuse 0The laws of physics apply to Argentina? WTF?
Peron did the same protectionist nonsense when he was ruling. It didn't work then and it won't work now.
Jul 25th, 2012 - 02:53 pm - Link - Report abuse 0In 10-15yrs, it will be just like 1978 when Argentina got color TV after the rest of the world had it 15-20yrs beforehand!
They will be so far behind in technology it will be decades before they can catch up.
@28 Obviously the laws of physics don't apply to CFK herself, at least in terms of how much plastic you can inject into a single human body. I did hear a rumour that the Botox was rejecting her body, but that can't be verified. Still, if Argentina has an equivalent of Madame Tussaud's, it should be pretty easy to make a good lookalike of her.
Jul 25th, 2012 - 02:56 pm - Link - Report abuse 0@25
Jul 25th, 2012 - 03:27 pm - Link - Report abuse 0yeah we heard you the first time.
(yawn)
pro·tec·tion·ism - The advocacy, system, or theory of protecting domestic producers by impeding or limiting, as by tariffs or quotas, the importation of foreign goods and services
Jul 25th, 2012 - 03:34 pm - Link - Report abuse 0National producers must be really happy about this. Since the prices are making it profitable for manufacturers to supply a cheap national alternatives,
#17 everything cost time energy and money as well as sacrifices, nobody gets a single thing for free, national production of alternative goods is not an exception to this rule. So yes thing will get expensive and scarce at the beginning and things will get worst before they get better, but nothing is free and sacrifices will have to be made, except that now we have a system that keep the us$ from taking our national resources and the scheme to have the peso support a national industry, now it's all matter of time. We are flattered that the world thinks CFK and Argentina caused the world recession and it is this conviction that is pushing Argentina to change for better drastically, it seems this government is not interested in chats and politics but actions to solved a world wide problem starting from home. You can join us and be part of the solution or you can be part of the problem while you sit on the side lines to complain and criticize. I don't claim to know everything but I am sure being confrontational will make progress impossible. I could be negative and trash CFK but that will only slow down progress, A catch 22 in every way isn't. CFK an amazing politician and great strategist.
#29 its already working. www.latitudenews.com/story/argentina-protectionism-impact/
So you think that because items are not getting into the country it is good...hmm.
Jul 25th, 2012 - 03:51 pm - Link - Report abuse 0One of the items they talk about is Peanut Butter, it is not made in Argentina, it is only really for expats so they pay a very high price. So who is losing here? Well here are just a few, the wholesaler (Argentinian) The truck drivers ( Argentinian), the store (Argentinian). YOu extrapolate this out to the U$ Billions worth of products and it has a direct effect on Profit, Employment, GDP and TAXES!
I know you are not very smart but do you now see why this is a very bad thing and won't work in the long run?
The amount the Exporter is selling to the country is most likely irrelevant and won't even feel it.
BTW you can replace Peanut Butter with HP ink cartridges or anything else you import but don't make or can't make enough to supply demand.
Argentina should have a year round open fishing season in Antartica Argentina. And invite ever country in the world to fish all areas. We better move a head and stop protecting resources for other to theft. Let's sell them licenses now and make money from them.
Jul 25th, 2012 - 10:30 pm - Link - Report abuse 0Bla, bla, bla, beyond all those rediculous concepts that are published all the time by the financial stablishment about the sopose negative aspects of protectionism, we all know that protectionism is the right thing to do, all the countries are protectionist, and now more than ever, because powerfull nations want to export their crisis to the development countries. We need to protect our industries more than ever, because it's necesary to deepen the process of reindustrialization that we have since 2003, that year we had 80 industrial parks arond the country, now we have 300. Beside, this article would be better if it said that argentina was the second country of the g. 20 that more increased it's imports in 2011.
Jul 25th, 2012 - 10:42 pm - Link - Report abuse 0LOL, thank for the love everyone. Proud to be the world's most proteccionist society. I do like peanut butter the times I've had it. Gonna miss it.
Jul 26th, 2012 - 01:30 am - Link - Report abuse 0Axel if you were teaching my kids I would have my driver run you over. You are one of the dumbest people I have ever met.
Jul 26th, 2012 - 03:31 am - Link - Report abuse 0You can't even keep yourself clean on your salary.
Gross.
@37
Jul 26th, 2012 - 04:05 am - Link - Report abuse 0Give it up will you. People keep clean in countries 10 times poorer. Your pathetic attempts to paint Argentina as a Spanish-speaking Bangladesh have never worked and never will.
@38TTT,
Jul 26th, 2012 - 10:45 am - Link - Report abuse 0You mean that you're not equal to Bangladesh?
Things are worse over there than l thought.
You have my sympathy(but nothing else!).
How would you know you've never left Mendoza? India is disgusting but BA is not that far behind. Take a little walk behind Retiro ( or La Boca if you can stand the smell from the river) sometime and you tell me if it is and or the people are clean. That is the heart of BA for gosh sakes!
Jul 26th, 2012 - 03:03 pm - Link - Report abuse 0Haven't you ever seen a cartanero or those FILTHY kids juggling in between cars or begging in the restaurants?
Plus I have never seen anywhere as poor as Misiones, kids run around with no shoes, streaked brown from dirt, raggedy clothes donated from the USA. It is simply appalling.
@41
Jul 26th, 2012 - 03:57 pm - Link - Report abuse 0Maybe you need to get out more, deep hood Brooklyn, or Detroit City, or east Los Angeles, Chicago beyond the tracks... I read a story once that Ethiopian refugees decided to GO BACK to Ethiopia than to be house at the place they were staying outside of Cleveland... entire neighborhoods with all the homes falling apart, the woodplacks collapsing, 1 meter tall WEEDS, people sitting in steps with ripped clothes. And then lets not forget deep southern USA (mississipi, etc)... and all dirtier and and more dangerous than Misiones (which of course as the lying loser you are, is nowhere near the poorest place around).
And hey, at least you can get away from the smell of La Boca. Everyone knows New York City just smells, no matter where you go, just type “why does New York City smell”.
LOL, and I had forgotten New Jersey.
And you think you are a first world country? Filthy places. And you can't even go to the movies anymore, “moviephobia” sweeping the USA. So can't go to the theaters anymore, stay outdoors... oh wait, the zombies are out there. So lets go to a mall, oh wait, I'll be shot dead there too....
And the economy? Latest news is a disaster.
Your country is an absolute joke in every solitary aspect.
@39
What would you know? Your islands are a miserable place even if you made 100k per head. That's when you know a place is bad, you can't get people to go there even if you offered three times the salary of the world's highest GDP. That's how sad your existence is :)
YANKEEBOY.
Jul 26th, 2012 - 08:01 pm - Link - Report abuse 0Your kids?, poor children. I dont know if they would consider me as a good professor, in case i had to teach them, but i only hope that whoever they have as professors, your kids can become into more intelligent and fairer than you. This is evident that the hate that you feel for us and for c. f. k doesn't let you make an ample and fair analysis of our situation, there is not so much to say, you would never understand it.
Respecting my salary, i won't tell you how much i earn because it's not your bussiness, i only can tell you that i haven't lost in absolut my acquisition power.
@41TTT,
Jul 26th, 2012 - 08:52 pm - Link - Report abuse 0What a touchy little microbe you are.
We like our lslands just the way they are, thank you.
l have a great existence, thanks. And you?
l was having a joke at your expense, l forgot about your fragile ego.
Oh, Tobias, you are just too perfect for our world,aren't you?
Lighten up, sunshine.
41. Spoken by someone who gets all their info from a screen. Loser,
Jul 26th, 2012 - 10:08 pm - Link - Report abuse 0Axel, You are a public school teacher I know what your salary is $3300/mo. It takes 8 months of all of your salary to have a decent week of vacation in Miami or NYC. You are a brain washed, brain dead loser.
YANKEEBOY.
Jul 27th, 2012 - 01:00 pm - Link - Report abuse 0If the parametre that you use in order to judge the level of life in arg, are vacations in miami and new york, that shows the mediocrity and the ignorance of your analysis. It's obvious that it's very expensive for most us travelling to u. s. a or to any other nation, due to the price of the dollar is too high, but it doesn't mean that our life standart hasn't improved in the last 9 years.
You have no idea about where i work, and about my acquisition power of the last years. i won't tell you more about it, because it's not your bussines, beside, my life won't change if an ignorant like doesn't believe me when i say that i haven't lost my acquisition power.
Regarding the places where i get infor, which according to your view, they are screen. loser.
Let me tell you that the places where you get the info, (clarin, tn, and la nación) aren't better in absolut than página12 or la prensa.
Axel, I lived in BA and probably know more of your country than you do. I have many friends trapped there desperate to escape to the USA.
Jul 27th, 2012 - 02:11 pm - Link - Report abuse 0There is no possible way that your wage has kept up with inflation...no way. I am very happy to prove it to you if you give me your wage from 9 yrs ago and what it is today. I'll even use coto and disco prices to prove it. They're all online and public. It is very easy for me to show you I know simple math is beyond your ability.
The inflation rate will be closer to 50% than 30% this year, are you getting a 60% raise? No, you are not.
You make less than $500 month you can't even stay 1 night in the best hotel in BA much less a civilized country. That my friend is by definition a loser.
Buy sugar and store it in a clean dry place you are going to find it is much more valuable than the worthless script you are currently using in another 12 months.
Funny that all countries mentioned are in the G20. Somehow I think the report analyzed only a limited set of countries, so it must be a bit of an overstretch to say that Argentina is the world's most protectionist country.
Jul 27th, 2012 - 06:01 pm - Link - Report abuse 0YANKEEBOY.
Jul 28th, 2012 - 03:53 pm - Link - Report abuse 0You can't be more mediocre and ignorant. If you judge our inflation level, taking into account only the rases in the prices of the food, that shows how ignorant you are. Let me tell you that in the inflation index are also included, the payments to the private schools, the prices of the clothe, and the payments to the private medical saves. I'll tell you only that most rases in the salaries of most workers have always been higher than the inflation level, the problem is that the 34% of the workers are undocumentted, anyway that percentage was 50% in 2003, but the actual level is still very high. Anyway, those people are helpt by the state.
Axel, Since I obviously don't understand economics as well as you do, can you please explain to me what increasing the Money supply by 55% in one year does to inflation and the peso.
Jul 30th, 2012 - 12:56 am - Link - Report abuse 0I am eagerly awaiting one of your brilliant posts.
Thanks!
YANKEEBOY.
Jul 30th, 2012 - 03:06 pm - Link - Report abuse 0Your problem is that you take into account some indexes which don't have anything to do with the reality. The inflation of the last 5 years have been between 20 and 25%, like said before, most rases were higher than those percentages.
Axel, Dumb bunny read my question and give an an answer if you can. Don't try to change the subject that is the first sign of a very weak mind.
Jul 30th, 2012 - 10:44 pm - Link - Report abuse 0BTW No not everyone got 20-25%/yr otherwise there wouldn't be strikes every 5 minutes in that horrible filthy place.
YNAKEEBOY.
Jul 31st, 2012 - 02:07 pm - Link - Report abuse 0I read your question and asnwered you, your problem is that my answer doens't coincid with what you want to read.
I said that most rases in the salaries are higher than the inflation, not all the salaries, do yo know what's the different between most of..... and all the salaries?, i do, thats' why i explained you the situation of my country in different oportunities. In fact, i told you also that we have a 34% of our workers who are undocumented, thats' a big problem that we still have, but they are helpt by the sate too. Can you understand now?.
Stupid boy this is the question:
Jul 31st, 2012 - 02:17 pm - Link - Report abuse 0What will increasing the Money supply by 55% in one year do to inflation and the peso.
Whatever you wrote has nothing to do with what I was asking.
It is very simple answer it if you can. but I have my doubts.
YANKEEBOY.
Aug 01st, 2012 - 03:06 pm - Link - Report abuse 0This is evident that i didn't interpret correctly your question, but for being honest, i dont understand what you try to ask me, try to do it in spanish, or search others words.
Ok fair enough try this:
Aug 02nd, 2012 - 10:52 am - Link - Report abuse 0What does increasing a country's money supply by 55% do to inflation and the value of their currency as compared to other currencies?
That is as simple as I can think to make it.
YANKEEBOY.
Aug 02nd, 2012 - 01:26 pm - Link - Report abuse 0I hope i understood your question.
Respecting the value of our money, the central bank has a policy called, flotación cambiaria, it's about small devaluations in order to preserve the competence of our products, due to if we had a cheap price for the dollar, that policy would desmantle our national industry, like what happened during the militar dictatorship, and in the decade of the 90's. The reserves of the central bank are the most important recources, in order to carry on with this policy, we have 46.800 million dollars at the central bank, thanks to those reserves we could avoid different intents of financial coup d' etats.
You need to take an economics class..you have absolutely no idea what I am asking and your post # 56 is pure K brainwashing. Over and over again you prove to be an ignorant fool.
Aug 02nd, 2012 - 02:12 pm - Link - Report abuse 0I suggest you find a macro-economics class online taught by a USA or UK University because your lack of the basic economics is frightening.
http://www.youtube.com/watch?v=u6GWm0GW7gk
Watch this and then tell me how the 55% YEARLY ADDITIONAL CURRENCY in your system is going to do to your country.
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