MercoPress. South Atlantic News Agency
Argentina inflation congress index for March was 1.54% and 24.43% in last 12 months
Despite the efforts from the administration of President Cristina Fernandez that brokered a price freeze for another two months with the main supermarket chains of Argentina, March inflation according to the average of private estimates stood at 1.54% and 24.43% in the last twelve months. Read full article
Comments
Disclaimer & comment rules“”24.43% in last 12 months“”
Apr 12th, 2013 - 09:37 am - Link - Report abuse 0crikey.
The monetary base went up 36% IN ONE MONTH.
Apr 12th, 2013 - 11:23 am - Link - Report abuse 0They are screwed.
and it makes me happy
This is way beyond what any reasonable population should have to suffer.
Apr 12th, 2013 - 01:03 pm - Link - Report abuse 0But the complete apathy by the populace continues to amaze me. If this was the UK there would have been a vote of confidence failure and a new government months and months ago.
It is almost as if they don't blame TMBOA for this fiasco. Ah, it's the Brits, isn't it!
That s/h/b 36% yoy.
Apr 12th, 2013 - 01:14 pm - Link - Report abuse 0Even still I would love for a CFK supporter to show me ONE EXAMPLE where increasing the money supply so rapidly has had been a good long term solution for an economy,
Just one example
Tax revenue is now about 2/3 of inflation. So they will continue to pump in cash to cover their expenses. What a mess.
My guess is inflation will be over 40% this year
Massive Devaluation is imminent
and
Hyperinflation will take off
@3 ¨It is almost as if they don't blame TMBOA for this fiasco. Ah, it's the Brits, isn't it!¨
Apr 12th, 2013 - 01:42 pm - Link - Report abuse 0No Argentinian ever blamed the British for inflation. All the blame goes towards CFK. It´s just that the people don´t see the current level of inflation to be such a big issue.
Well now Moreno wants “Clothing for All” so what do the proletariat wear in North Korea or Vietnam?
Apr 12th, 2013 - 02:40 pm - Link - Report abuse 0Are all the Rgs going to be in a white shirt and flag colored blue pants with a jaunty yellow scarf?
Bahahaha
retards through and through
I get myself all twisted up laughing at these people
@3
Apr 12th, 2013 - 02:56 pm - Link - Report abuse 0That is because the world runs on something called REALITY.
Something that you Mercopress posters have no fucking idea about. You have not only eaten Mercopress's propaganda on Argentina's “situation” wholesale (which already is histrionic and only publishes all the supposedly “negative” news stories), but then you people in your comments have that incurable necessity to exaggerate those news stories to the 10th power, just because you are poor cretins with nothing but hatred towards Argentina.
Thus, you all now truly believe that people are starving in mass, that travel is completely banned, that the crime rate is like Central America, Venezuela, or the USA, that there is massive deforestation, no sewers, no running water, and all the rest I have read here.
Thus, you are honest when you say you don't understand why Argentines have not “risen up” against the image of Argentina above.
That is because, it only exists in your microcephalic heads.
@7
Apr 12th, 2013 - 03:21 pm - Link - Report abuse 0What is the real annual inflation rate in Argentina? This article says it has been about 24%, but posters here have claimed it is really about 40%.
What is the real inflation rate in Argentina then?
It's probably 25-30%.
Apr 12th, 2013 - 03:37 pm - Link - Report abuse 0You really are telling me you think people that post here are unbiased, fair, and neutral in their comments towards Argentina? Really?
Toby, Your narcissism is simply astounding! Just because you live through the internet not all of us do. We actually can travel and see things first hand.
Apr 12th, 2013 - 04:03 pm - Link - Report abuse 0I actually seen most of Arg with the broken streets, the slums, the sewage in the streets, the graffiti on the mountain face, the scams, the crime, the scared population living behind walls with private guards. ALL OF IT.
I have first hand knowledge and most likely know more of Argentina than you will ever dream of seeing.
You think we only read this news site? What about the Int'l press saying the same thing? IMF, US Congress..for goodness sakes!
8. Bush inflation will closely match their increase in money supply it is simple economics when you don't have a reserve currency. It is SO FAR 36% yoy. It will increase as they run out of peso to pay for the HUGE Gov't expansion. Just wait until the end of the year. I am usually not far off.
According to posters here, Argentina's economic collapse is imminent. But it doesn't seem to happen. A picture of an economic mess is painted. Maybe that is not neutral thinking.
Apr 12th, 2013 - 04:05 pm - Link - Report abuse 0What would you say is a more realistic description of the current economy in Argentina?
@11
Apr 12th, 2013 - 04:10 pm - Link - Report abuse 0“medium-term volatile to market readjustments”.
ps - yankeeboy said “wait till the end of the year” (for the collapse), three YEARS ago.
When does soemoene lose all credibility?
@10
All of what you said are cheap platitudes, you are one dumb ferk. I can also say “the USA and it's constant mass killings, the streets smelling of urine, the police brutality, the filthy trailer neighborhoods, the grafitti, the obese population, the police and metal detectors in schools, courts, malls... all of it”.
What about the intl' press saying the same thing about the USA and its problems?
Toby, I have seen everything I talk about you only know what you read. There is a big difference.
Apr 12th, 2013 - 04:19 pm - Link - Report abuse 0I have explained over and over it is very hard to predict WHEN an economy will collapse but not IF.
So far my predictions are pretty good.
I stand by all of them
Next stop 7/1 in 2nd quarter of the year.
What a retard. So in an age where people can put videos in their blogs, one has to go “see” the place to be able to say what it looks like. hahahaha.
Apr 12th, 2013 - 04:22 pm - Link - Report abuse 0What a tosser with no argument.
I thought that they were going to freeze fuel prices. BA Herald says they are raising prices by 9%. So raise it, then freeze it? Or what?
Apr 12th, 2013 - 04:23 pm - Link - Report abuse 011 bushpilot
Apr 12th, 2013 - 04:28 pm - Link - Report abuse 0You keep asking questions for us to answer. When we do our truthful best (Yankeeboy is one of 'us') you dismiss it.
So, what I recommend you do is get on a plane and go to BsAs and when you have seen what you want and experienced it for yourself you can go back home safe in the knowledge that YOU have seen it.
That’s if you don’t get knifed, shot or badly beaten by a bunch or argies after your phone, camera and money just like many other tourists have in the two years (almost) that I have been in Uruguay.
And here you have it bushpilot.
Apr 12th, 2013 - 04:34 pm - Link - Report abuse 0You see, I also came here a year ago and change with an open mind. Just because I didn't toe 100% the 'argentina-hatred' narrative, pathetic characters like the one above tell you to get stuffed.
Believe it or not, there was a time when I was friendly with him, until I found out what he thought of me behind my back.
So now you understsand why I become the most uncomfortable challenging Truth Telling Troll for these haters. They can't stand it that someone would come to their little corner of the internet and spout their propaganda.
And guess what, you will probably NOT get knifed, beaten up, or much less shot at.
This people are just living in an utter opium delusion.
Toby, OK you win, you can get all the same experiences over the internet than actually going there.
Apr 12th, 2013 - 04:36 pm - Link - Report abuse 0yeah ok
loser
@16 ”You keep asking questions for us to answer. When we do our truthful best (Yankeeboy is one of 'us') you dismiss it.”
Apr 12th, 2013 - 05:29 pm - Link - Report abuse 0My post at #11 seems as if #10 is being dismissed. But I was responding to #9 and did not know that Yankeeboy had already posted when I submitted my post.
@17 John Troll the 3rd (Is that pronounced turd?)
Apr 12th, 2013 - 06:34 pm - Link - Report abuse 0So you are safe in the cesspit known as Argentina? There is only one way to be sure: NEVER go there.
This after ONE search of MP:
KILLED IN FRONT OF GUARDS TO THE MEMORIAL!
http://en.mercopress.com/2012/02/08/french-photographer-stabbed-to-death-when-taking-pictures-of-buenos-aires-malvinas-memorial
THE FRENCH QUESTION SAFETY OF TOURISTS:
http://en.mercopress.com/2012/02/08/french-photographer-stabbed-to-death-when-taking-pictures-of-buenos-aires-malvinas-memorial
SO NOBODY IS EVER SHOT?:
http://en.mercopress.com/2012/02/08/french-photographer-stabbed-to-death-when-taking-pictures-of-buenos-aires-malvinas-memorial
“What a retard. So in an age where people can put videos in their blogs, one has to go “see” the place to be able to say what it looks like. hahahaha”
EVER heard of 'the camera never lies' OR even simpler than that, was looking the wrong way!
Stupid, stupid boy.
I wonder if Toby thinks internet sex is the same as real sex? Maybe he doesn't feel the difference either.
Apr 12th, 2013 - 07:57 pm - Link - Report abuse 0Gosh all those travelers spending $2TRILLION a year are certainly dopes. They could have stayed in their parent's basement and saw it all on their screen.
I love reading the posts from the dumb Rgs. It makes my day.
Here I could make a list as long as your arm about the problems in ARG, but I'm not going to.
Apr 12th, 2013 - 10:02 pm - Link - Report abuse 0Its more simple to say CRIME and INFLATION both out of control, and the average educated Argentinian is very worried, worried also that Kirchner will somehow corrupt the october elections and open the way to re election but I think the feeling towards here is so bad this will not happen but the main problem is her buying the uneducated masses like all dictators once in power
According to INDEC, you can eat 3 nutritious meals daily for U$0.69/day.
Apr 12th, 2013 - 10:06 pm - Link - Report abuse 0Wow what an amazing place!!
bahahaha
It gets worse and worse every day
Let's see what the crowds look like on April 18th.
@20
Apr 13th, 2013 - 12:17 am - Link - Report abuse 0You are a cesspit, your country of origin and the one you reside in. You fit like a glove. One is a morally vitiated, turpitudinous rotten corpse of human history, whose capital city is often ranked amogst the worst ratholes on the planet by veteran visitors. The other is a country whose capital city is so old and run down it makes the “broken sidewalks” of BA look like Mendoza.
As putridly boring to boot.
And in both the UK and Uruguay, you still get murders and rapes. Lovely.
Toby, London is where the world's Royals and Billionaires have an extra home.
Apr 13th, 2013 - 04:28 am - Link - Report abuse 0You always will look foolish trying to compare 1st world with whatever rat hole Argentina currently is...used to be 3rd but now I am not so sure.
Toby.
Apr 13th, 2013 - 09:50 am - Link - Report abuse 0You forgot to mention all the power cuts and the regular flooding!
Whoops, that's not London, that's BA! Silly me!
@20 TTT
Apr 13th, 2013 - 11:47 am - Link - Report abuse 0If you remember when you were even younger than now, I tried to encourage you to use your brain and extend your knowledge beyond the somewhat ludicrous and outdated way of your use of English.
I had great hopes for you because you said the Falklands (no Malivinas for you) belonged to the Islanders, which is true.
Then you went away for a while and when you returned, if indeed it was the same person, your attitude had changed remarkably and it has continued to degrade to this day.
It is for these reasons that others have jumped on you: you ask for it.
Shame really.
Part of the NPD that all Rgs seem to suffer from is that they need to have equivalents to the 1st world such as NYC, oh we have BA, Times Square, Oh we have Corrientes Ave, BIg Ben/British clock in Retire, you get the picture.
Apr 13th, 2013 - 01:40 pm - Link - Report abuse 0They have been brainwashed to believe that whatever is in Argentina is either the same as of better than what is in EU UK or USA. They are firm in their beliefs and nothing will sway them
UNTIL
they get to leave that rat hole and see the 1st World.
The 1st time I went to BA someone took me to Corrientes and said “see this is just like Times Square” I laughed.
I brought the same person to Times Square and all he had to say was “They have no idea”
I think it is NPD which makes them feel inferior and jealous when we politely point out the differences and shatter their tenuous grasp on reality, so they get really aggressive and angry and then stop making sense altogether.
Just a theory but I'm pretty sure I am right.
@John Troll the 3rd / *.troll
Apr 14th, 2013 - 10:59 am - Link - Report abuse 0That safe haven of Buenos Aires, 56 deaths already this year as a result of robberies and assault.
http://www.clarin.com/policiales/dias-muertos_0_901110025.html
29. There have been no official crime stats for many YEARS. Those deaths are what has been reported to the media.
Apr 14th, 2013 - 11:51 am - Link - Report abuse 0It is much much dangerous and there are many more deaths that go unreported.
People in general don't report crime because they are afraid of the Police ( since they're involved in most of it)
Oops can someone tell Yankee boy that he is a hypocrite liar? thanks
Apr 14th, 2013 - 02:05 pm - Link - Report abuse 0http://www.youtube.com/watch?v=Vtlhd1ZFkOA
http://www.youtube.com/watch?v=Vtlhd1ZFkOA
Dany, poor poor stupid Dany,
Apr 14th, 2013 - 02:17 pm - Link - Report abuse 0What do those links have to do with the corrupt decaying rathole of Argentina?
That is the topic.
If you think I am lying why don't you post a fact to dispute it?
Hmm can't
moron
@yankeeboy
Apr 15th, 2013 - 05:30 am - Link - Report abuse 0Oops poverty in USAMex, pretty shocking I should say.
http://www.youtube.com/watch?v=SutshaFS3lk
Shantytown in US presented with a quite good English accent.
http://www.youtube.com/watch?v=SutshaFS3lk
http://www.youtube.com/watch?v=SutshaFS3lk
“If you think I am lying why don't you post a fact to dispute it?”
Why I should do that?
I wouldn’t present facts to dispute hilarious statements like “cow can fly” and you?
Nice little CFK scandal brewing, a plane full of U$ leaving the country through Uruguay with the main player on camera talking about how they do it.
Apr 15th, 2013 - 11:04 am - Link - Report abuse 0I think CFK will have the same retirement party as Ceaușescu. I wonder if it will be televised like his was?
Well... I think we can call it in and declare the USA bankrupt and going nowhere but down from there.
Apr 15th, 2013 - 08:53 pm - Link - Report abuse 0I told you yankeeboy it was a matter of time before you got hit again, and now there you have it. A couple of thousand dollar bombs and now you will have to spend at least a trillion to track down and punish the perpetrators.
Problem is, you don't have even half a trillion now.
I smell a default as terrorism sets in panic across the USA and investors pull their money out.
Oh, Toby, that little thing?
Apr 15th, 2013 - 09:44 pm - Link - Report abuse 0Silly boy those little things will never stop the USA.
It just makes our resolve stronger.
Didn't last week have 25X more people killed in a little rain?
glug glug glug
That's the difference between 1st world and 3rd or 4th or 5th or whatever you are now...
Yeah, sure Yankee toy
Apr 16th, 2013 - 10:00 am - Link - Report abuse 0“That's the difference between 1st world and 3rd or 4th or 5th or whatever you are now...”
In the first world like in US New York you cannot still get proper supply of water and gasoline but from Daddy Yankee.
http://www.youtube.com/watch?v=kgAQie-9lb4
Duro, duro dame mas gasolina... sticky isn’t it?
Oops!!!
More shantytowns in Miami
http://www.youtube.com/watch?v=kgAQie-9lb4
Shocking isn’t it?
99% poor and 1% rich just like in Africa...
According to calculations the BCRA reserves are now so depleted that Arg couldn't control a run on the Peso.
Apr 16th, 2013 - 11:15 am - Link - Report abuse 0I wonder if that is why the ATM machines in Colonia were emptied of U$ this weekend?
Crack Crack Crack
I can hear the systematic breakdown from 13 hrs away by plane
@Yankee toy
Apr 16th, 2013 - 12:30 pm - Link - Report abuse 0Suppose you are right and the BCRA runs out of USD who do you think will suffer?
I have not holdings of Argentina bonds in USD and you?
While printing machines run party goes on ask US if not true.
Your news for me is like for you knowing that US has ran out of pesos.
Do you understand how in the past are you?
Will you be scared for running out of pesos in US?
I guess not...
Try another one.
Currency is just and instrument to make easy trade at this stage of the financial mess and the possible collapse of the US dollar as a FIAT currency like the Euro, pesos are pretty safe and you get good interest.
I’m adapting myself to the new world order, have you ever heard about it?
pesos are pretty safe and you get good interest
Apr 16th, 2013 - 12:37 pm - Link - Report abuse 0I think you should put all available funds in Arg Pesos
This should work out very well for you especially since BCRA is printing 40% more of them this year.
When do you think they start adding extra zeros?
Then they must be even more valuable
It is simple to see why Argentina has a currency crisis every decade.
They are all so stupid!
I wonder why the Prez and cronies are hiring planes to ship pallets of U$ and Euros to switzerland? FOR THEIR OWN ACCOUNTS
That seems odd if the Peso is the way to go.
Doncha think?
New world order..Bahahahaha...fool
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