"""In Argentina, the pressures have been building for years. Generous social spending after the crisis in 2002, like freezing household electricity rates and making payments to poor families, has widened Argentina’s deficit. The country has been printing money, fueling inflation. The issue has been so polemical that the government has been in a fight for years over how high inflation really is; independent economists say it reached 28 percent in 2013, while officials say it was 10.9 percent."""
Comments
NYTimes
Understating inflation by two thirds???
Where did they get such a deceitful idea
Loves me some shiny!
<< <i>Voting for "social justice" will result in market chaos every time. >>
Social Justice and free money for sitting on your keester are two different things.