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 | 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 | 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. |
Anonymous Coward User ID: 78152436 United States 09/16/2022 04:35 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 83839231 09/16/2022 04:36 PM Report Abusive Post Report Copyright Violation | Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood 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. I just saw that a box of Nabisco Saltine Crackers is over $5. That's insane! 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. Can anyone explain to me in laymen's terms how inflation rate is calculated? Quoting: Dr. Feelgood 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. I just saw that a box of Nabisco Saltine Crackers is over $5. That's insane! 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. 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 | 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 | |
Anonymous Coward User ID: 75747074 Canada 09/16/2022 05:35 PM Report Abusive Post Report Copyright Violation | 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. 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 | 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. BINGO Thats was Putin is putting a end to this crap 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 | [link to finance.yahoo.com (secure)] Quoting: javierruizleon "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." 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. "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 | |
Anonymous Coward User ID: 84168688 Canada 09/16/2022 08:05 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76630325 09/16/2022 08:09 PM Report Abusive Post Report Copyright Violation | 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. |