Argentina’s inflation in April was 1.52% and 23.67% in the last twelve months according to the so called Congress index which is calculated by private agencies and was released on Tuesday. Read full article
As this index is supposedly a lie, no pro-CFK poster can argue this is a good thing...... supposedly it is the government lie... I mean figure that is true!
In 2003 Nestor fired the independent statiticians at INDEC & moved his own people in to control the inflation figures. Since the bonds that most of the investors accepted at 35% were linked to inflation, the official rate saves the government millions in interest payments every month
Even the kamporistas will give you a wink & say 'yes we know the INDEC figures are a joke' but they think it's acceptable because it's for the cause & 'La Patria'
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Disclaimer & comment rulesAs this index is supposedly a lie, no pro-CFK poster can argue this is a good thing...... supposedly it is the government lie... I mean figure that is true!
May 15th, 2013 - 09:06 am - Link - Report abuse 0I wonder what it will say?
In 2003 Nestor fired the independent statiticians at INDEC & moved his own people in to control the inflation figures. Since the bonds that most of the investors accepted at 35% were linked to inflation, the official rate saves the government millions in interest payments every month
May 15th, 2013 - 03:23 pm - Link - Report abuse 0Even the kamporistas will give you a wink & say 'yes we know the INDEC figures are a joke' but they think it's acceptable because it's for the cause & 'La Patria'
I thought they didnt talk about Inflation in Argentina?
May 15th, 2013 - 11:10 pm - Link - Report abuse 0Rule #1: There is no Inflation
Why don't they just say there is no inflation? It is just as believable.
May 16th, 2013 - 10:20 am - Link - Report abuse 0I don't see them changing anything by the IMF deadline eom Sept.
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