WallStreetOasis.com:
keep printing plus major counterfeit problem = huge supply of pesos = low value = inflation

Plus Christina keeps publishing manipulated inflation data/indexes.

Power and Money do not change men; they only unmask them
 

I just read a book that briefly discussed Argentina's situation. It has essentially become a self-fulfilling prophecy; When inflation started, the provinces within the country began issuing their own currencies as well...thus driving the peso's price down even further.

Here to learn and hopefully pass on some knowledge as well. SB if I helped.
 

horrible economic leadership from the top down. I live there and it's not so bad if you make dollars, but I really feel bad for the locals. ~25% actual year on year inflation, whereas wages have increased nowhere near this figure. Something will happen in the next year (another devaluation?) - it won't be as bad as 2001 but there will be a correction of some sort.

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AndyLouis:
horrible economic leadership from the top down. I live there and it's not so bad if you make dollars, but I really feel bad for the locals. ~25% actual year on year inflation, whereas wages have increased nowhere near this figure. Something will happen in the next year (another devaluation?) - it won't be as bad as 2001 but there will be a correction of some sort.

Damn, it seems you get around.

Here to learn and hopefully pass on some knowledge as well. SB if I helped.
 

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