Price of meat will skyrocket

[sergio]

This video (posted this morning) made me think of this post.

I remember hearing about "nano- particles in the vaccines" as early as 2022 when listeming to talkstreamlive.com.

While the mRNA vaccines may not actually contain nano-particles which were "put in the Covid vaccines" as suggested by WineGuy's sister, the assertion that the vaccines contain nano-particle technology appears to have now been verrified and I am interested in learning more about them, especially what their effect on the body is. I don't think they are the same thing(s) as "antibodies" which are supposed to kill a virus.

PS: The cost of roast beef (the only cut I buy) has increased more than 4X in pesos since January of this year, while the purchasing power of the dollar hasn't even doubled.

There is little doubt that the dollar/peso exchange rate is being "controlled" so I don't think Perry gave birth to a conspiracy theory as suggested by SinPulgadas in post #80.

The exchange rate is being 'controlled'? What happened to free market capitalism? Sounds 'socialist' to me.

 

[FrankPintor]

PS: The cost of roast beef (the only cut I buy) has increased more than 4X in pesos since January of this year, while the purchasing power of the dollar hasn't even doubled.

There is little doubt that the dollar/peso exchange rate is being "controlled" so I don't think Perry gave birth to a conspiracy theory as suggested by SinPulgadas in post #80.

If you like, you can download the Excel serie_cba_cbt.xls from the INDEC page (https://www.indec.gob.ar/) which will give you the monthly price of the "canasta basica" (CBA), you can graph the price increase since say January. Then compare with the increase in the Blue Dollar rate since then.

I did this a while back and it came out that the Blue Dollar purchasing power now would be more or less the same as it was in January. However, it sure doesn't feel like that. Ignore, for the moment, that nebulous feelings have no place in statistics, but something odd is going on.

I like how you renamed Mr. No Fleas to Mr. No Inches

 

[Ronnie Hotdogs]

Paid 4500 pesos/kg for asado yesterday in diarco = 3.30 USD (dolar diarco)

 

[LuckyLuke]

If you like, you can download the Excel serie_cba_cbt.xls from the INDEC page (https://www.indec.gob.ar/) which will give you the monthly price of the "canasta basica" (CBA), you can graph the price increase since say January. Then compare with the increase in the Blue Dollar rate since then.

I did this a while back and it came out that the Blue Dollar purchasing power now would be more or less the same as it was in January. However, it sure doesn't feel like that. Ignore, for the moment, that nebulous feelings have no place in statistics, but something odd is going on.

I like how you renamed Mr. No Fleas to Mr. No Inches

There's a funny story about the CPI USA, called "Substitution Bias":

" If a selected good is bought by consumers and it is therefore included in the CPI basket, but when an increase in price of that selected good occurs customers may buy a cheaper substitute, while the CPI basket may not quickly capture this change. If product A is purchased by most consumers, and similar product B goes on sale making it cheaper, consumers will naturally buy what is cheaper. Substitution bias can cause inflation rates to be over-estimated."

To get around this pesky phenomenon of "high CPI inflation", they started using "hedonic indexes" which allowed them to switch out the rising costs of ribeye steak for example with ground beef instead. Because it's all the same meat anyway to the consumer isn't it?! All sorts of games are played with price indexes to lower the true inflation rate and should be taken with a grain of salt.

 

[SinPulgas]

...There is little doubt that the dollar/peso exchange rate is being "controlled" so I don't think Perry gave birth to a conspiracy theory as suggested by SinPulgadas in post #80....

I didn't suggest that the dollar/peso exchange rate was being controlled. Nor was it being controlled in that moment, beyond what has been declared as the clear intention of the government, as is the case now.

I referred myself to the blue rate. Can you offer any proof that the blue rate is being controlled, Steve? Or is there just "little doubt," but no proof.

I frequently walk through calle Florida, and also frequently stand in the colas waiting to buy or sell pesos, as my situation dictates. All I see is capitalism at work, supply and demand.

 

[Rich One]

I didn't suggest that the dollar/peso exchange rate was being controlled. Nor was it being controlled in that moment, beyond what has been declared as the clear intention of the government, as is the case now.

I referred myself to the blue rate. Can you offer any proof that the blue rate is being controlled, Steve? Or is there just "little doubt," but no proof.

I frequently walk through calle Florida, and also frequently stand in the colas waiting to buy or sell pesos, as my situation dictates. All I see is capitalism at work, supply and demand.

Surely Flealess is aware on how the government controls the Brecha Cambiaria/Blue by selling in the Finance markets dollars coming in from exports.

El Gobierno podría vender hasta US$2000 millones en el mercado financiero para bajar la brecha cambiaria

El Ministerio de Economía dijo que el Banco Central absorberá $2,5 billones en circulación de la economía

www.lanacion.com.ar

 

[FrankPintor]

Off-topic, but here’s a public service announcement, and reminder to myself, for those of us who didn’t learn Spanish here in Argentina: it’s “fila”, not “cola”, and if you phrase the question “do I have to queue up” as “hay que hacer cola”, you will get some very strange looks indeed.

Same goes for “concha”, normally the skin of a fruit, don’t use the word in normal conversation.

That’s all I’ll say, there are actual linguists on the forum and I don’t want to tangle with them.

 

[FrankPintor]

Surely Flealess is aware on how the government controls the Brecha Cambiaria/Blue by selling in the Finance/Exchange markets dollars coming in from exports.

El Gobierno podría vender hasta US$2000 millones en el mercado financiero para bajar la brecha cambiaria

El Ministerio de Economía dijo que el Banco Central absorberá $2,5 billones en circulación de la economía

www.lanacion.com.ar

Yes, the government is heavily intervening to keep the Blue Dollar low. It doesn’t seem like a winning strategy for a country with net negative reserves.

And, to be fair, market economies, or their central banks, do intervene in the currency markets. Again, it doesn’t always work out, especially if they’re up against someone with the firepower of, say, George Soros.

 

[Rich One]

Off-topic, but here’s a public service announcement, and reminder to myself, for those of us who didn’t learn Spanish here in Argentina: it’s “fila”, not “cola”, and if you phrase the question “do I have to queue up” as “hay que hacer cola”, you will get some very strange looks indeed.

Same goes for “concha”, normally the skin of a fruit, don’t use the word in normal conversation.

That’s all I’ll say, there are actual linguists on the forum and I don’t want to tangle with them.

Concha refers to the shell of a bivalve seafood i.e.Abalone. Hacer Cola can be used, no adult will misinterpret the term.

 

[sergio]

I didn't suggest that the dollar/peso exchange rate was being controlled. Nor was it being controlled in that moment, beyond what has been declared as the clear intention of the government, as is the case now.

I referred myself to the blue rate. Can you offer any proof that the blue rate is being controlled, Steve? Or is there just "little doubt," but no proof.

I frequently walk through calle Florida, and also frequently stand in the colas waiting to buy or sell pesos, as my situation dictates. All I see is capitalism at work, supply and demand.

There were long queues in the USSR. No matter what the rate is (controlled or free market) people will have to sell or buy.