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Argentina freezes prices to break inflation spiral
Associated Press ^
| February 4, 2013
| ALMUDENA CALATRAVA
Posted on 02/04/2013 12:26:40 PM PST by LucianOfSamasota
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To: LucianOfSamasota
President Cristina Fernandez and her economy minister, Hernan Lorenzino have also announced plans to decree a new gravitational constant and to revise (downwards) the speed of light in a vacuum. Gravitational constant of the universe...inflation...a mere snap of the fingers.
21
posted on
02/04/2013 12:53:29 PM PST
by
Dahoser
(Separation of church and state? No, we need separation of media and state.)
To: LucianOfSamasota
Freeze Prices.
Yeah. That’ll work.
22
posted on
02/04/2013 1:03:12 PM PST
by
Uncle Miltie
(Of the government, by the government, and for the government.)
To: LucianOfSamasota
23
posted on
02/04/2013 1:03:45 PM PST
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: Dahoser
24
posted on
02/04/2013 1:03:45 PM PST
by
elpinta
(Jer. 10:23 - It really holds true!)
To: All
25
posted on
02/04/2013 1:06:14 PM PST
by
elpinta
(Jer. 10:23 - It really holds true!)
To: LucianOfSamasota
This will cause a famine in Argentina.
The road of good intentions is paved to hell.
26
posted on
02/04/2013 1:07:31 PM PST
by
dancusa
(Molon Labe)
To: LucianOfSamasota
Wouldn’t surprise me if the Argies did a second debt repudiation.
27
posted on
02/04/2013 1:08:20 PM PST
by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
To: LucianOfSamasota
We are Argentina waiting to happen. Got water and food and GUNS/AMMO?
28
posted on
02/04/2013 1:15:34 PM PST
by
Marcella
(Prepping can save your life today. Going Galt is freedom.)
To: LucianOfSamasota
They don’t even learn from THEIR OWN history!!!
The ignorance of lefties is amazing.
29
posted on
02/04/2013 1:16:24 PM PST
by
bolobaby
To: LucianOfSamasota
And everything vanishes from store shelves. They never seem to learn....
30
posted on
02/04/2013 1:16:34 PM PST
by
Kozak
(The Republic is dead. I do not owe what we have any loyalty, wealth or sympathy.)
To: LucianOfSamasota
No government has the right to interfere with the free market and affect prices in any way. But they do it anyway.
In a few weeks who will they blame the shortages on?
31
posted on
02/04/2013 1:18:47 PM PST
by
I want the USA back
(Liberalism is the irreparable breakdown of the mind's ability to reason.)
To: LucianOfSamasota
Argentina announced a two-month price freeze on supermarket products Monday in an effort to break spiraling inflation. In other words, the Argentinian government is implementing a policy of food shortages for the next two months causing a new black market to flourish. Of course if the Argentinian government really wanted to stop the rise of inflation, they would tighten their money supply just as the US did in 1981. But the only cure for inflation is unemployment.
32
posted on
02/04/2013 1:20:36 PM PST
by
Hoodat
("As for God, His way is perfect" - Psalm 18:30)
To: P.O.E.
I actually remember Nixon announcing his wage/price freeze Me too. I was about ten, and I remember him appearing on TV, somberly announcing his wage and price control plan. In front of him was what looked like the Encyclopedia Britanica.
I remember thinking, "Wow, you must have to be really smart to be the president. Who could understand something so complicated?"
To: Paradox
One of our very own survived the 2001 collapse and wrote this excellent book about it.
From what I recall Argentina of 2000 was very much like the United states...Storng middle class, right to bear arms, increasingly corrupt and wasteful government which kept borrowing from a central bank owned by the same globalist banking cartel that owns our fed.
I think that in addition to this they pissed off the English globalists with the attempt to take back the Falkland islands. They were simply the first to feel the power of the money changers, a trial run if you will for their long planned attack on the rest of us.
34
posted on
02/04/2013 1:23:04 PM PST
by
SENTINEL
(Kneel down to God. Stand up to tyrants. STICK TO YOUR GUNS !)
To: LucianOfSamasota
I’m betting ‘stuff’ starts disappearing from store that can be monitored - and that a thriving black market is about to come into being....
35
posted on
02/04/2013 1:23:31 PM PST
by
GOPJ
( Revelation can be more perilous than Revolution. Vladimir Nabokov)
To: Ruy Dias de Bivar
To Gerald Ford's credit, he did bring the inflation rate down to 4.8% by the time he left office. When Carter left office four years later, inflation was at 12.6%.
I actually think that Ford was one of the better Presidents this nation has had.
36
posted on
02/04/2013 1:24:11 PM PST
by
Hoodat
("As for God, His way is perfect" - Psalm 18:30)
To: LucianOfSamasota
Outlawing inflation is similar to outlawing guns - it’s not going to work and bad people will use the confusion to prosper... Fun, fun, fun..
37
posted on
02/04/2013 1:26:02 PM PST
by
GOPJ
( Revelation can be more perilous than Revolution. Vladimir Nabokov)
To: P.O.E.
I actually remember Nixon announcing his wage/price freeze Freezes don't work. Reagan's market based economic growth finally got our inflation tamed, though it will always be around thanks to bad politics and the Federal Reserve.
Germany broke its hyperinflation in the 1920's by temporarily backing its currency with real estate.
38
posted on
02/04/2013 1:27:33 PM PST
by
Moonman62
(The US has become a government with a country, rather than a country with a government.)
To: Marcella
I agree. People have been expecting inflation here but, it’s been artificially stifled.
39
posted on
02/04/2013 1:28:48 PM PST
by
WCH
To: WCH
Have you not been to the grocery store lately? Inflation is very much here.
40
posted on
02/04/2013 1:37:24 PM PST
by
sfimom
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