Argentines expect inflation to average 34.9% in the next twelve months according to a private report released on Monday by the Finance Research Centre, CIF, belonging to the Torcuato Di Tella University. Read full article
Well they're right of course, but inflation will probably be a lot higher than that. Then it's a short skip and a jump to hyperinflation, stagflation and bankruptcy.
But never mind, at least Cristina and all her little minions will have plenty of money while the people starve.
Hey Cristina! Remember what happened to Marie Antionette?
Now that Moreno´s fines against private statistic firms that report higher inflation figures than the official government ones have been thrown out of court, it seems like it´s open season on inflation rates
Personally I think that CFK & her cronies will try to control inflation at around 25% until the October mid-terms & then watch out....... hyperinflation here we come
@4 What gives you the impression they have the self-control not to offshore another billion or two until then? They wouldn't know how to control inflation if you threw an economics book at them.
@3 Plastic like witches and hairspray is flammable.
@1 The people that collect welfare seem to have consumed enough choripan to keep them alive for 3 months. Usually emaciation is a sign of poverty, but morbid obesity is a sign that someone has been supporting Kretina for too long.
Comments
Disclaimer & comment rulesExpect?
May 21st, 2013 - 07:45 am - Link - Report abuse 0Well they're right of course, but inflation will probably be a lot higher than that. Then it's a short skip and a jump to hyperinflation, stagflation and bankruptcy.
But never mind, at least Cristina and all her little minions will have plenty of money while the people starve.
Hey Cristina! Remember what happened to Marie Antionette?
:)
May 21st, 2013 - 10:30 am - Link - Report abuse 0I'm not sure the guillotine blade could get through all that gristle.
May 21st, 2013 - 12:54 pm - Link - Report abuse 0Now that Moreno´s fines against private statistic firms that report higher inflation figures than the official government ones have been thrown out of court, it seems like it´s open season on inflation rates
May 21st, 2013 - 02:01 pm - Link - Report abuse 0Personally I think that CFK & her cronies will try to control inflation at around 25% until the October mid-terms & then watch out....... hyperinflation here we come
Better buy dollars at 9/1 whilst you still can!!!
@4 What gives you the impression they have the self-control not to offshore another billion or two until then? They wouldn't know how to control inflation if you threw an economics book at them.
May 21st, 2013 - 03:59 pm - Link - Report abuse 0@3 Plastic like witches and hairspray is flammable.
@1 The people that collect welfare seem to have consumed enough choripan to keep them alive for 3 months. Usually emaciation is a sign of poverty, but morbid obesity is a sign that someone has been supporting Kretina for too long.
Meanwhile INDEC will stick to the 10.8%.
May 21st, 2013 - 06:35 pm - Link - Report abuse 0Lorenzino interviews:
May 21st, 2013 - 07:17 pm - Link - Report abuse 0Reporter: Can you please talk about inflation?
Lorenzino: I want to leave !!! now
later
Reporter: Can you please talk about the blue dollar?
Lorenzino: I want to laugh
He is a joke, only too dumb to get it.
http://www.buenosairesherald.com/article/131511/lorenzino-blue-dollar-makes-me-laugh
My guess was 40% by eoy
May 22nd, 2013 - 06:28 pm - Link - Report abuse 0They're trying their best to hold the top on until Oct
Let see when it blows
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!