Godlike Productions - Discussion Forum
Users Online Now: 1,010 (Who's On?)Visitors Today: 140,052
Pageviews Today: 241,135Threads Today: 81Posts Today: 1,621
03:13 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Argentina to Hike Interest Rates to 75% as Inflation Nears 100%

 
No holds barred

User ID: 84082087
Mexico
09/16/2022 03:39 PM

Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
Argentina ?? again ??


whatever
 Quoting: TIO JUAN


argentina and the u.s. have one thing in common,

people are very passive,
Anonymous Coward
User ID: 84168688
Canada
09/16/2022 04:31 PM
Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty
 Quoting: Anonymous Coward 24828515


It was the IMF, World Bank and CIA that fucked over the country.
 Quoting: Happy in Nature


lucky

smoking1

johnny

agentagentagent
Anonymous Coward
User ID: 78152436
United States
09/16/2022 04:35 PM
Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
Might as well go with the sharks.
Anonymous Coward
User ID: 83839231
09/16/2022 04:36 PM
Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
Can anyone explain to me in laymen's terms how inflation rate is calculated?

They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive.
 Quoting: Dr. Feelgood


I just saw that a box of Nabisco Saltine Crackers is over $5. That's insane!
 Quoting: Anonymous Coward 84119115


They are 2.99 at Target. You people are being dramatic. Prices have gone up a bit but not like you are making it out to be. I go shopping all the time and I would say prices are up about 10 to 15 percent. That's what happens when you start paying everyone that's complaining more money when thaters a labor shortage it all evens out. And the 15 dollar an hour McDonald's worker is actually probably better off now.
 Quoting: Anonymous Coward 83983014


Can anyone explain to me in laymen's terms how inflation rate is calculated?

They seem rather full of shit to me the way they say US has 10% inflation when everything I see is twice as much as last year, some shit is multiple times as expensive.
 Quoting: Dr. Feelgood


I just saw that a box of Nabisco Saltine Crackers is over $5. That's insane!
 Quoting: Anonymous Coward 84119115


They are 2.99 at Target. You people are being dramatic. Prices have gone up a bit but not like you are making it out to be. I go shopping all the time and I would say prices are up about 10 to 15 percent. That's what happens when you start paying everyone that's complaining more money when thaters a labor shortage it all evens out. And the 15 dollar an hour McDonald's worker is actually probably better off now.
 Quoting: Anonymous Coward 83983014


LMAO..prices have gone up a bit..your insane. Go find another forum to spout your lies.
Anonymous Coward
User ID: 78272261
Germany
09/16/2022 04:51 PM
Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty
 Quoting: Anonymous Coward 24828515


Ding!, ding!, ding! We have a win-nah!.

Exactly.

Argentina has been flirting with Evita-Peron liberalism/leftism for decades, and just like a blue US city or a blue US state, too many of the people of Argentina remained hooked on liberalsim/leftism/libtardism.

A pity too since in the early 20th century, Argentina was considered one of the most promising prosperous younger countries of the world.

Thanks, Liberals! You fuck up both people and places like no one else. Congratulations.


.
DakotaRose

User ID: 80910295
United States
09/16/2022 05:00 PM

Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
That's what Pedo Joe and his minion want for America.
Waiting for Yeshua
Anonymous Coward
User ID: 75747074
Canada
09/16/2022 05:35 PM
Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty
 Quoting: Anonymous Coward 24828515


It was the IMF, World Bank and CIA that fucked over the country.
 Quoting: Happy in Nature


Yea, when are first world people gonna get their countries live in luxury at the expense of the others. The cherry on the top of ignorance is they call the others basket cases at the same time. You are being used and are helping the NWO.
HYpEr7l9Er

User ID: 75756457
Canada
09/16/2022 05:39 PM
Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty
 Quoting: Anonymous Coward 24828515


It was the IMF, World Bank and CIA that fucked over the country.
 Quoting: Happy in Nature


BINGO

Thats was Putin is putting a end to this crap
 Quoting: White Goddess


Putin is not doing anything of the sort.
MlCHAEL
HYpEr7l9Er

User ID: 75756457
Canada
09/16/2022 05:47 PM
Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
[link to finance.yahoo.com (secure)]

"The move comes a day after data showed consumer prices jumped nearly 79% a year in August, the fastest pace in 30 years. It was the bank’s ninth rate hike this year."
 Quoting: javierruizleon


Interest is the growth rate of money.

The inflation rate of money.

Let’s say the money supply is 1 Dollar and if the interest or inflation rate is 5% per year then after a year the money supply will inflate to 1.05

Ok so now let’s say inflation is a problem.

What do you do to stop the inflation?

The current way you all think is the right way is by raising the inflation rate of the money supply.

Let’s say by doubling interest rates to 10%

Now after a year the 1.05 inflates to 1.115.

How does increasing the inflation rate of the money supply stop inflation?

They do not think you all dumb.

No no no no no not at all.

The know you all are dumb.
 Quoting: Reality 69161160


"It was the bank’s ninth rate hike this year"

So the higher they increased the growth rate the more powerful the Inflation became...

You all are clueless as to how the economy actually works.

You think magicians actually pull rabbits out of hats?

Well the federal reserve does not raise or lower yield rates.

They can see when REAL rates are going to rise before any of you and then just raise the FAKE rate that all you trained monkeys believe is the REAL rate so you all think they have magical powers.

All that sites like GLP do is constantly positively reinforce the lies you believe are Truth.

Last Edited by HYpEr7l93r on 09/16/2022 05:50 PM
MlCHAEL
Anonymous Coward
User ID: 84142157
09/16/2022 05:48 PM
Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
Maybe time to invade the falklands?
Anonymous Coward
User ID: 84168688
Canada
09/16/2022 08:05 PM
Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
That's what Pedo Joe and his minion globalists, IMF and WEF want for America the entire world.
 Quoting: DakotaRose


Fixed your typos
Anonymous Coward
User ID: 76630325
09/16/2022 08:09 PM
Report Abusive Post
Report Copyright Violation
Re: Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
Argentina ?? again ??


whatever
 Quoting: TIO JUAN


argentina and the u.s. have one thing in common,

people are very passive,
 Quoting: No holds barred


We will have more in common than that very soon.

They were once of the wealthiest nations in the world until the nazi's showed up...History does repeat.

At least there is no mean tweets during the fall of our empire.





GLP