Then And Now

wild_horses said:
Why does people always tend to put words in other peoples mouth? When did I ever say there is no inflation in Argentina. Of course there is and it is really high. Fact.

But you forgot to mention purchasing power, how many good and services you can obtain with your salary and the graphic below will tell you more clear.

not_20130807_701141.jpg



And that is only for minimum wage. Is it clear sweetheart? :)
Click to expand...

Change that to compare 2005 or 2007 with 2013 and you'll get a very different picture.
 
RodolfoWalsh said:
Change that to compare 2005 or 2007 with 2013 and you'll get a very different picture.
Click to expand...

Ok, lets compare:

Minimum wage in 2005 --> 630$
minimum wage in 2013 --> 3300$

Inflation in 2005 --> 12%
2006 --> 10%
2007 --> 16%
2008 --> 20%
2009 --> 13%
2010 --> 23%
2011 --> 24%
2012 --> 24%
2013 --> 27%

There you go. Do you want me to do the math if it is not clear for you?

Cheers!
 
wild_horses said:
Ok, lets compare:

Minimum wage in 2005 --> 630$
minimum wage in 2013 --> 3300$

Inflation in 2005 --> 12%
2006 --> 10%
2007 --> 16%
2008 --> 20%
2009 --> 13%
2010 --> 23%
2011 --> 24%
2012 --> 24%
2013 --> 27%

There you go. Do you want me to do the math if it is not clear for you?

Cheers!
Click to expand...

What is the source of your numbers? INDEC? If you think that "actual" inflation was 27% in 2013 you are either a government shill or a moron. Perhaps both?

We've had this conversation before wild_unicorns.
 
Oh, how sweet, you call me a shill and a moron, coming from you I take it as a compliment darling :)

Yes, inflation in 2013 was 27% and 35% in 2014, you might be a little confused with time and date.

abeceb consultoria, that is my source and they are no K's if you ask (please refer to the incident between them and G Moreno ).

Again, I do not remember having any kind of conversation with you. Totally irrelevant.
 
Aside from all the statistics, there are many Argentines and ex pats living on a fixed income, not salaries. Also teachers, at least where I live, who are just making ends meet. Our last Osde bill was 5,125 pesos, our taxes are much higher. We pay taxes in Argentina and the U.S, all in blanco. From Internal Revenue, we got a refund, not so with AFIP. Our taxes were higher this year than ever and, yes, we live on a fixed income.

I am happy if Argentines, in spite of the inflation, are able to live better and I think that some percent of the society has benefited. Our sector does suffer from the high inflation and we are a rather large percent of the population that are not salaried.
 
not_20130807_701141.jpg



While the above is interesting, it is also obsolete.

There have been dramatic price increases since August of 2013 in some of these items, at least where I live.

Nafta (gasoline) is now almost $15 per liter compared with $7.32 in 2013.

500 kg of yerba is now $22-$26 (depending on the brand) compared with $11.35 in 2013.

But te (tea) is now only $8,20-$9.50 for a box of 25 bags compared with $7,29 in 2013.

Also, I can buy 2 kilos of helado (hand packed ice cream) for $90 pesos in Bahia Blanca compared with $110 for one kilo in 2013.

These are the only products in the list that I buy so I can't comment on the others.


PS: Wasn't the XOOM exchange rate about $6 to one in 2013? It's now about $12 to one.

So, for those using XOOM (and/or RIA) the cost in dollars of nafta and yerba are about the same while ice cream and tea now cost less than they did in 2013.
 
Ah 2001 in Buenos Aires, I remember those days when you could leave the house with 10 pesos, go down to the parilla at lunchtime for all you could eat and drink, go and buy some new shoes, get a haircut and shave and still have change for the taxi fair home. Ahhh them were the days.
 
In 2003 my uncle invited all the family to eat in Puerto Madero (think it was Siga la Vaca, dont remember exactly). We were 16!! ate and drunk a lot, with dessert, with wine, etc

100 dollars.

But we must assume those days were exceptional, cause the 2001 crisis and devaluation. That had to be temporary.
 
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