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Big Mac Prices Just Went Up 26% in Argentina

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Re: Big Mac Prices Just Went Up 26% in Argentina

#4
Argentina is the very definition of economic schizophrenia. People are put in jail for reporting the actual inflation rate (instead of the "official" inflation rate). The Economist magazine recently published a story that they are no longer going to lie to their readers and report the official rate and instead will report unofficial, private estimates. Argentina's real inflation rate has been running at about 25% per year.

Re: Big Mac Prices Just Went Up 26% in Argentina

#6
post #4

Argentina is the very definition of economic schizophrenia. People are put in jail for reporting the actual inflation rate (instead of the "official" inflation rate). The Economist magazine recently published a story that they are no longer going to lie to their readers and report the official rate and instead will report unofficial, private estimates. Argentina's real inflation rate has been running at about 25% per…

Sorry, I happen to be living temporarily in Argentina (after growing up here, moving abroad for almost a decade) and, while surely the government numbers are made up, I don't recall anyone sent to jail for reporting a different number.

If you have links to the piece of news, I'll be more than glad to see them. If you have not, then please stop making shit up.

Re: Big Mac Prices Just Went Up 26% in Argentina

#8
post #4

Argentina is the very definition of economic schizophrenia. People are put in jail for reporting the actual inflation rate (instead of the "official" inflation rate). The Economist magazine recently published a story that they are no longer going to lie to their readers and report the official rate and instead will report unofficial, private estimates. Argentina's real inflation rate has been running at about 25% per…

Sorry, I happen to be living temporarily in Argentina (after growing up here, moving abroad for almost a decade) and, while surely the government numbers are made up, I don't recall anyone sent to jail for reporting a different number. If you have links to the piece of news, I'll be more than glad to see them. If you have not, then please stop making shit up.

A threat is different? http://www.elsurhoy.com.ar/index.php/component/plugins/syste... I don't think it is very different in this case

Re: Big Mac Prices Just Went Up 26% in Argentina

#10
post #4

Argentina is the very definition of economic schizophrenia. People are put in jail for reporting the actual inflation rate (instead of the "official" inflation rate). The Economist magazine recently published a story that they are no longer going to lie to their readers and report the official rate and instead will report unofficial, private estimates. Argentina's real inflation rate has been running at about 25% per…

Argentina keeps the official rate down because pays interest to USA according to it. If the official rate is low, Argentina pay less, which is great.
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