MercoPress. South Atlantic News Agency
For the sixth straight time, Brazil raises interest rate 50 points to 14.25%
Brazil's central bank raised interest rates to 14.25% from 13.75% as expected on Wednesday, delivering another hefty increase to stifle inflationary risks from a sharp depreciation of the local currency. This is the highest rate since October 2006. Read full article
Comments
Disclaimer & comment rulesContinually raising interest rates during an increasingly deepening recession......
Jul 30th, 2015 - 10:41 pm - Link - Report abuse 0Priceless!
1 Skip
Jul 31st, 2015 - 01:02 am - Link - Report abuse 0“The move was expected by a majority of economists and traders.” Please give us the benefit of your alternative vision.
Olympics seems to be a problem also.....at least with the water based athletes.
Jul 31st, 2015 - 01:28 am - Link - Report abuse 0http://thinkprogress.org/sports/2015/07/30/3686005/olympic-swimming-poo-l/
Swimming and sailing in human waste. you can't clean decades of flushing in one year.
Terence
Jul 31st, 2015 - 04:54 am - Link - Report abuse 0Brasileiro will have an extremely alternative vision any moment.
I suggest you try replying and understanding him for once.
THey can raise interest rates all they want but until they stop the free money to slum dweller programs and all the other nutty cash back programs they'll never get inflation in check.
Jul 31st, 2015 - 11:13 am - Link - Report abuse 0Fun to watch
Just as I said
:)
“The move was expected by a majority of economists and traders.”
Jul 31st, 2015 - 11:47 am - Link - Report abuse 0Of course it was, they have been through this nonsense before and it didn't work then and it will not work now.
I see Brainless is living up to the nick I gave him.
DumbAss is shit scared the auto companies are going to shut up shop and mothball things until somebody with a brain is running the economy and they are free from stupid moves by Tromboney.
So how does anyone in Brazil buy a car when they haven't got all the cash and need a loan? They won't with these rates. It's chicken and the egg DumbAss (and Brainless)!
I think Brainless is related by blood to Brasso. You can't put a cigarette paper between the pair of them regarding how bat-shit-stupid they are.
3 Captain Poppy
Jul 31st, 2015 - 12:23 pm - Link - Report abuse 0“Swimming and sailing in human waste” So you cannot offer any specific expertise, but I can plainly see the effects of running your mouth off.
5 yankeeboy
Strange I haven't discovered one article among the numerous financial publications that supports your assertion.
6 ChrisR
“they have been through this nonsense before and it didn't work then and it will not work now.” Oops! another fallacy naughty, naughty failing too meet the burden of proof.
“Never argue with stupid people, they will drag you down to their level and then beat you with experience.” - Mark Twain
“If your brains were dynamite there wouldn't be enough to blow your hat off.” Kurt Vonnegut, Timequake
@ 7 The Brainless One
Jul 31st, 2015 - 05:29 pm - Link - Report abuse 0I was talking about you, not to you, IDIOT.
7. You don't' see them ye,. I am always above the curve so just give it time.
Jul 31st, 2015 - 05:54 pm - Link - Report abuse 02nd The Olympics should never be in 3rd world sh*tholes (litterally bay)
People are getting very ill and that portion should be relocated immediately.
8 ChrisR
Jul 31st, 2015 - 06:32 pm - Link - Report abuse 0Come on hot-shot why don't prove to us where on any thread that you have won an issue. The truth is, you've lost completely every debate, so much so, that I refer to you as the Zombie, as I've buried you so often. In fact you are permanently consigned to the corner and reduced to mere name-calling. I don't need the permission of a loser to a respond to a post that invokes my name.
4 Skip
So in fact you don't have an alternative vision, you're just blowing it out of your ass.
9 yankeeboy
So you've still failed to find any support for your assertion in post #5. I don't care whether you consider yourself Jesus Christ, humble opinions are just bull-shit in debating. Even if learnt in the school of wingnuts.
Silly stupid fool, everything I post is based on what I read and where I see things going.
Jul 31st, 2015 - 06:51 pm - Link - Report abuse 0My track records speaks for itself.
and so does yours...
You're as dumb and thickheaded as Voice, Think, Vestige, Stevie, Dany come to think of it you argue the exact same way as Voice....
You think you proved something because you moved the goal posts conveniently forgetting everything you post is easily searchable.
11 yankeeboy
Jul 31st, 2015 - 08:03 pm - Link - Report abuse 0“My track records speaks for itself” like yourself a great big zero. “come to think of it you argue the exact same way as Voice....” Stick it up your hoohoo, as single-handedly have fought Voice, Vestige, Think et al to a stand-still many, many times; without any contribution from you or your dreary little band of reactionaries.
“you moved the goal posts conveniently forgetting everything you post is easily searchable”. Then knock yourself out and prove it instead flapping your yap.
Doesn't affect me in the slightest, other than better remuneration on financial investment, just keeping ahead of inflation. And, the positive contribution is that all this mess is starting to show the Brazilians who voted for the PT, what a mistake they made. Can't say I feel sorry for them, they are reaping what they sewed.
Jul 31st, 2015 - 08:18 pm - Link - Report abuse 013 Jack Bauer
Jul 31st, 2015 - 09:14 pm - Link - Report abuse 0“all this mess is starting to show the Brazilians who voted for the PT, what a mistake they made.” Seems like a rather simplistic political interpretation of a lot more complex issue.
”As the government loosened fiscal policy, the Central Bank prematurely slashed its benchmark interest rate in 2011-12. This pushed up inflation, which is now above the bank’s self-imposed upper limit of 6.5%, and way above its 4.5% target. ..Red tape, poor infrastructure and a strong currency have rendered much of industry uncompetitive. So consumers have been the main source of demand. A low unemployment rate pushed up wages. In the past ten years wages in the private sector have grown faster than GDP (public-sector workers have done even better). That allowed consumers to borrow more, which encouraged still more spending. Now the virtuous circle is turning vicious. Real wages have been falling since March, compared to a year earlier, mainly because Brazilian workers’ productivity never justified the earlier rises. People are returning to seek work just as there are fewer jobs to go around: unemployment, which has long been falling and dipped below 5% for most of 2014, increased to 6.4% in April. Economists expect it to reach 8% this year.
To improve its finances the government is cutting spending on unemployment insurance (which had risen even when the jobless rate was falling) and on other benefits. Taxes, including fuel duty, are going up. So, too, are bills for water and electricity (two-thirds of which is generated by hydropower). The point is to reduce demand following a record drought in 2014 and to correct a policy of holding down regulated prices to keep inflation in check (and voters happy). Because of these increases, inflation soared to 8.2% in the year to April.”
http://www.economist.com/blogs/graphicdetail/2015/03/economic-backgrounder
If Terry understood what he reads everything I've been saying is in the last post.
Aug 01st, 2015 - 12:07 pm - Link - Report abuse 0I don't think its smart enough to understand it tho...
Stupid Marxist Monkeys will do what Marxist Monkeys do watch and see.
They'll give up all the gains that were made in the 90s.
The current Bank head will resign after he's asked to lower the rate and devalue.
Just give it time.
Brainless one ( spot on Chris) go back through my posts about Brazil starting 3-4yrs ago and you'll see I rolled this all out for the Marxist Monkeys on this board long before anyone else saw it.
@14 Terence
Aug 01st, 2015 - 04:27 pm - Link - Report abuse 0“A rather simplisticpolitical interpretation of a lot more complex issue”...
Well, well, well...did you expect me to write a book on the subject and analyze every aspect of the problem ? Unlikely. But on the other hand, while you seem to depend on quoting articles written by other people, in this case one from “The Economist” - the contents of which, by the way, I agree with - nothing said there is new to me....may I remind you that I experience this on a daily basis, and feel it first-hand....you, unfortunately , or fortunately, depending where you live, depend on these articles to be informed.
16 Jack Bauer
Aug 02nd, 2015 - 12:17 am - Link - Report abuse 0If you are making an assertion, you need to find some support otherwise humble opinions are all well and good, but naked they're rather meaningless as they're unproven.
17- depends on the source.
Aug 02nd, 2015 - 04:25 pm - Link - Report abuse 0Ill tell you my opions are worth more that the obscure conspiracies you seem to post.
I'll give you a clue since you've not figured it out yet. if the article blames “others” the west, oligarchs, coups etc for their problems their opinions aren't worth anything.
18 yankeeboy ”Ill tell you my opions are worth more...
Aug 02nd, 2015 - 10:32 pm - Link - Report abuse 0“In order to disprove the assertion that all crows are black, one white crow is sufficient.” William James
“No way of thinking or doing, however ancient, can be trusted without proof.” Henry David Thoreau
Without you simply are producing fallacies, which are completely worthless.
@17 Terence
Aug 02nd, 2015 - 11:22 pm - Link - Report abuse 0I don't need to do anything to have an opinion.....but, mine ARE in fact based on reality, what I see everyday, in my life and in those of others. There is no need to prove anything.....this is not a Court of Law, people are allowed to have opinions, make assertions without having to prove them.....so, If I said that today was a beautiful day, you would probably ask me to prove it, or “find some support” to back up my allegation ...You must be what we here call a “chato de galosha”.....(or, for the benfit of those who aren't familiar with the brazilian expression, a “pain in the ass”....)
20 Jack Bauer
Aug 03rd, 2015 - 01:43 am - Link - Report abuse 0Nothing to do with legal proofs, and everything to do with the rules of logic and debate. But to simply aver and they're rather meaningless, as they remain unproven.
Gads what a bore. Again you are posting absolute rubbish.
Aug 03rd, 2015 - 01:48 am - Link - Report abuse 0Listen to the many posters telling you your a knob.
All the stupid rules and cutsie quotes dont make you look smart.
What boring loser.
22 yankeeboy
Aug 03rd, 2015 - 02:04 am - Link - Report abuse 0Who cares about the opinions of those that fail to follow the rules of logic and engage in innumerable fallacies, as they're simply a waste of space.
23, Goofball, get it through your skull, this is not a formal debate club.
Aug 03rd, 2015 - 11:14 am - Link - Report abuse 0You're the one wasting space, everyone on here is telling you that you're a ignorant dick with nothing to add.
Take a clue
We can all google cutesy irrelevant quotes.
You might as well post Youtube videos of cats at least they're funny.
Boring loser.
Good so I can really get up close and personal.
Aug 03rd, 2015 - 03:02 pm - Link - Report abuse 0Can you die of constipation? I am a little concerned how full of shit you are.
What ever you are lacking in intelligence, you more than make up for in stupidity.
What's the difference between you and a sack of warm puke? Let me know if you come up with anything.
@21 Terence
Aug 03rd, 2015 - 06:35 pm - Link - Report abuse 0“....and everything to do with the rules of logic and debate”.....
What silly RULES are you referring to ?? In THIS forum ?? First, I 've always expressed MY opinions, not other people's, and based on reality not fantasy, instead of taking the convenient stance of “liberals”, who think that the game has to be played according to their rules, even if it has nothing to do with them. They love to poke their noses into other people's business and act like 'puritans'......note: I said “act”...
Second, you always harp on the same theme of “proof”, and whether you like it or not, it comes through clearly in everthing you post...
And I just hope you aren't going to ask me to 'prove' what I'm saying, otherwise I'll just have to tell you to read all the stuff you've posted over the last month.
26 Jack Bauer
Aug 03rd, 2015 - 08:55 pm - Link - Report abuse 0Why would that be Jack in love with the sound of your own voice, or unable to find any other opinion outside of your immediate political circle that agrees with your unorthodox views?
27. When everyone is telling you are crazy maybe you should listen...
Aug 03rd, 2015 - 10:48 pm - Link - Report abuse 0She's upset now.
I think it was my joke about her cat.
28 yankeeboy “you are crazy” from another unqualified and less than humble opinion.
Aug 03rd, 2015 - 11:57 pm - Link - Report abuse 0Shock me, say something intelligent.
You're as sharp as a bowling ball.
Are you always this stupid or is today a special occasion?
If you're gonna be a smartass, first you have to be smart. Otherwise you're just an ass
Aww sweetie did your cat escape?
Aug 04th, 2015 - 12:59 am - Link - Report abuse 0@ 30 yankeeboy
Aug 04th, 2015 - 11:17 am - Link - Report abuse 0“Aww sweetie did your cat escape?”
It couldn't stand the embarrassment of being the idiot's cat any longer so it left to join a dog's home - it thinks it will be better there than the asylum it was living in.
@27 Terence
Aug 04th, 2015 - 03:29 pm - Link - Report abuse 0that's right, the 'liberal' in you is starting to come out.....when you start to lose the argument, and have nothing intelligent to say, you resort to senseless criticism...
but I must ask you, “can you 'prove' your accusation ??”
You remind me of the proud mother, who seeing her son at the passing out parade of a regiment that had completed its training in WWI, said “Look, they're all out of step but our Terence !”
30 yankeeboy & 31 ChrisR
Aug 04th, 2015 - 05:21 pm - Link - Report abuse 0I can understand completely why a couple of “fur-balls would be obsessed with cats. You're just trying to get home.
32 Jack Bauer ”Look, they're all out of step...”
That insult's older than your Mom's last orgasm
Just because you have one doesn't mean you have to act like one.
Grasp your ears firmly and pull; you might just be able to remove your head from your ass.
@33 Terence
Aug 04th, 2015 - 06:59 pm - Link - Report abuse 0Finally you've shown us your true colours.....a plain rude, stupid, boring liberal twat. About time you recycled yourself...oops, I forgot, they don't recycle crap ...
34 Jack Bauer
Aug 04th, 2015 - 08:08 pm - Link - Report abuse 0“when you start to lose the argument,” Sorry I'm unaware I was. You like to dish it out, but don't like it when your bested. Look, who's out of step now.
Whatever it is that is eating you, it must be suffering horribly.
You have an inferiority complex and it is fully justified
Whoever told you to be yourself gave you really bad advice!
@35 Terence
Aug 04th, 2015 - 10:40 pm - Link - Report abuse 0You resorted to talking about your mother's orgasms, not me.....
Funny thing, you think you are the ONLY intelligent person on this forum ....your opinions, when you have one - are always correct, and need no corroboration or 'proof'....why ? because Terry is 'always right'.
What' s all this rubbish about 'you must be suffering, and inferiority complexes' ? Are you losing it ?? for someone who claims one shouldn't state anything without proof, which BTW is a load of hogwash, you sure are full of opinions about people you don't know.....
Now I know why you are such a bore - you don't believe in being yourself, but the product of some stupid left-wing liberal group...
Keep on coming, numbnuts !!
36 Jack Bauer
Aug 04th, 2015 - 11:36 pm - Link - Report abuse 0“You resorted to talking about your mother's orgasms, not me....” Either you have a reading comprehension or your being deliberately obtuse. I'm acting exactly the same as you. It is you who has stated any opinion without corroboration may be proffered. But, then when we play by your rules and you're bested at your own game, you want to move the goal-posts yet again. That why the rules of logic are usually applied, so that everyone is on the same page. What you're appealing for is a form of absolutism , where you can change the rules to solely favour what ever position you're promoting. That is the intellectual level of a child, you need to grow up.
@37 Terence
Aug 05th, 2015 - 04:54 pm - Link - Report abuse 0You are an idiot trying to establish rules where none apply. But keep it coming....the more you post, the more stupid you look.
38 Jack Bauer
Aug 05th, 2015 - 07:34 pm - Link - Report abuse 0You can flap your yap all want but the facts show that the continuum of imposing restrictions is yours truly, so you can keep on wallowing in your sea of contradictions.
I don't care whether there is any rules or not, I can play how ever you want. It's all the same to me, as I'm more than capable of dealing with idiots.
@39 Terence
Aug 05th, 2015 - 09:42 pm - Link - Report abuse 0“...but the facts show....”.....one more of your silly assertions....... proof, contradictions, denials, rules.......that's all you talk about. You are indeed a contemptuous little twat... ....
As to your 'assertion' that you are “more than capable of dealing with idiots”, I'll take your word for it......you must be surrounded by them, as idiots attract idiots...
40 Jack Bauer
Aug 05th, 2015 - 09:56 pm - Link - Report abuse 0I was was simply responding to your assertion to wit: “You are an idiot trying to establish rules where none apply.” But apparently your brain isn't connected to your mouth so your unaware when your making assertions. Surrounded by idiots, just on this forum Argies and wingnuts. If I wanted excrement out you I'd squeeze your head.
@41 Terence
Aug 06th, 2015 - 06:40 pm - Link - Report abuse 0“wit” ? what 'wit' ? you twit.
You're right, when I type, my brain is not connected to my mouth, but to my fingers. Is yours connected to your intestines ?
If you want excrement, just speak....it'll pour out .....
What beats me, is why you - who tries (hard but fails) to come through as superior - need to resort to stupid references, such as 'mother's orgasms, excrement' etc, to make a point ..... what's the matter with you ?
42 Jack Bauer
Aug 06th, 2015 - 07:41 pm - Link - Report abuse 0As I'm aware, but your apparently not familiar with the concept of analogies or illustrations. So I'll do my best to write within your rather limited comprehension, that doesn't appear run much beyond five letter words. The only 'twit' is you with your complete unawareness of “to wit”, like 'ergo' or 'thus' typically precedes a quotation.
My expressions are just trying match your style with such euphemism's as “twat” 'a woman's genitals. Just to remind you as you seem have memory like a sieve.
@43 Terence
Aug 06th, 2015 - 10:06 pm - Link - Report abuse 0That's right Terry, tell yourself what a superior person you are, what high intellect, way above the average mortal......but your crap stinks like everyone else's.
44 Jack Bauer
Aug 06th, 2015 - 11:33 pm - Link - Report abuse 0I happen to believe in the same principle that the British call “fair-play”, you don't like it, tough.
@45 Terence
Aug 07th, 2015 - 06:14 pm - Link - Report abuse 0“Fair-play” ?? under 'your' rules ?? what a joke !
46 Jack Bauer
Aug 07th, 2015 - 09:07 pm - Link - Report abuse 0The only rules I try to follow are the dictates of philosophical-logic, which you reject out-of-hand. You have also expressed a preference for a dictatorship over democracy, and spurn the rule of law. So you, as a thoroughly discredited person, are in no position to criticize anyone else.
Here educate yourself as you do appear to have any ethics in in your background.
I. FAIR PLAY – WHERE DOES IT COME FROM? WHAT IS IT?
• never attack an unarmed enemy;
• demonstrate self-discipline;
• be courageous in word and deed;
• avenge the offended; defend the weak and the innocent;
• never abandon a friend, an ally or a noble cause;
• keep your word, and remain true to your principles;
• have good manners, apply the laws of propriety, respect your host, authority
and women;
• be faithful to God, the sovereign, his kingdom and his code; show respect
towards authority and the law;
• be generous and hospitable to strangers;
• avoid pride, lechery, false oaths and treachery.
http://www.olympic.org/Documents/Reports/EN/en_report_1065.pdf
@47 Terence
Aug 08th, 2015 - 09:50 pm - Link - Report abuse 0First of all, I have never said that I prefer dictatorships over democracy. What I have said though, and which you have obviously misunderstood, is that I believe the Military Regime did Brazil a favour by preventing the commies from taking over, in 1964....I, like most, looked forward to the return to civilian rule in 1985, with the hope that Brazil might become a truly democratic society, progress and reward honest work, but unfortunately , after the FHC presidencies, the PT turned Brazil in to it's own feud, to do with it as it pleased ; their 'project' to establish themselves perpetually in power, and rule as the only Party has long been out in the open .....don't bother asking for 'proof', because the Supreme Court has done it's job - although a bit too leniently for my taste - when it condemned the 'mensaleiros' ; With regards to the “Lava-Jato” investigation, the sentences that are being handed out are further proof of the rot inside the PT government. Evidence is surfacing everyday, I'm glad the Law is being enforced and I have my opinions based on what I see.
I suppose you do not. It would not be 'fair-play' with the PT and their corrupt associates, would it ?
Last but not least, 'your 'assertions' are based on 'your' perception, not proof, and while you have the right to express your opinion, you appear unable to disguise the importance you attribute to yourself. But as I said, and I reconfirm, you are the one who likes to control everything with rules, 'your' set of rules of course, which doesn't seem to have anything in common with those you've listed above....if you really believe them, act accordingly.
But quite frankly, I'm not intersted in, nor could I care less what 'you' think..
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