Do as we say but not as we do

[BienTeVeo]

True true, well they´re jew(ish), so possibly it´s all in nazi gold hidden down south somewhere.

I'm with Surfing. What the hell does this mean????

 

[ElQueso]

Raymond, the discussion was about Argentina. If you want to have a discussion about US politics/economics, feel free to start a thread in the World Politics forum.

Free market is about creating WEALTH, or the overall value of an economy, not printing money. When you increase the money supply because there is growth to match, you're not "printing money." Printing more money than you're increasing production is a devaluation of the currency.

However, just to assuage your feelings about the US economy, there isn't much of a free market there in many things either. But that discussion is for another place.

 

[TomAtAlki]

Raymond, you are a f...king idiot. Nancy

 

[el_expatriado]

Obviously you are not, since the terms "free market" and "printing money" never go hand in hand. Printing money is by definition a non-free market act. It is a deliberate government act to cover up government spending, discourage savings and de-base the currency.

Inflation = theft, period.

 

[scotttswan]

http://www.buenosairesherald.com/article/102389/aníbal-fernández-i’ve-lost-my-temper-now-i-regret-it

“I've lost my temper, now I regret it,” the senator explained in a radio interview today.
“I take full responsibility for it,” he added.

but will he be saving in pesos?

 

[LostinBA]

The sad thing is, al these irrational restrictions weakens Argentina more and more. If you want to succeed, you need to compete with the world and open your country. But I guess, the private account of the government members seem to be more important. Really sad

The truth is that they can't compete on quality nor price (nor really innovation for that matter). Show me one thing that is designed and/or made here for export that is of matching or higher quality irrespective of price or if of lessor quality, is sufficiently cost-effective to make up the difference.

The answer is nothing. Only commodities and some wines and beef are export worthy.

Why is this? Is the Argentine mentality just basically incapable? My personal believe is that they have the inherent capability to compete internationally but as a nation, they're simply too corrupt and lazy to really achieve anything. The growth rate of the last 9 years has been fueled by high commodity prices, a refusal to pay back what they were loaned and a bounce from the very bottom. It's all coming back now though...only a matter of time and the sitting government knows they're lying to everyone, hence saving in dollars. Wankers.

Anyone disagree?

 

[scotttswan]

The truth is that they can't compete on quality nor price (nor really innovation for that matter). Show me one thing that is designed and/or made here for export that is of matching or higher quality irrespective of price or if of lessor quality, is sufficiently cost-effective to make up the difference.

The answer is nothing. Only commodities and some wines and beef are export worthy.

Why is this? Is the Argentine mentality just basically incapable? My personal believe is that they have the inherent capability to compete internationally but as a nation, they're simply too corrupt and lazy to really achieve anything. The growth rate of the last 9 years has been fueled by high commodity prices, a refusal to pay back what they were loaned and a bounce from the very bottom. It's all coming back now though...only a matter of time and the sitting government knows they're lying to everyone, hence saving in dollars. Wankers.

Anyone disagree?

There could potentially be a huge IT industry with many innovators but there are silly taxes on technology and the internet infrastructure is still based in the 90s.

As it is there are still many "outsourcing" programming companies here. It really wouldn't take a lot for Argentina to be competing with South Korea on the technology front.

 

[PhilinBSAS]

Do you get the impression that the Buenos Aires Herald is running scared of the K Government?

http://www.buenosairesherald.com/article/102355/potbanging-protests-in-northern-areas-of-the-city

"Dozens of residents", "small groups", "protesting about not being able to buy dollars"

just sounds like echoing the Government line. Not journalism that Andrew Graham-Yooll would recognise

 

[LostinBA]

Wow, they really downplayed the protest didn't they?..there were literally hundreds of people in my area banging away. And to say it's all about dollars is ridiculous. I respected the BAH before but no more...

 

[GS_Dirtboy]

snip ... Why is this? Is the Argentine mentality just basically incapable? My personal believe is that they have the inherent capability to compete internationally but as a nation, they're simply too corrupt and lazy to really achieve anything. ... snip

Anyone disagree?

Yep. Please show me an "Argentine mentality." I'd love to see one.