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Thursday Humor: "What Is Inflation In Argentina?"

Tyler Durden's picture


It seems like such a simple question... but the reaction of Argentina's Economy minister to this straightforward inquiry has to been to be believed in this brief clip. And do not raise the question of the IMF's doubts about the Argentinian 'official' statistics... just remember, it's for your own good.

A working understanding of Spanish is helpful, but certainly not required.


(h/t @alpepinnazzo)


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Thu, 04/25/2013 - 13:33 | 3498655 OptionNinjaNYC
OptionNinjaNYC's picture

"Messi Said".... LOL

Thu, 04/25/2013 - 13:34 | 3498663 Ahmeexnal
Ahmeexnal's picture


Thu, 04/25/2013 - 13:43 | 3498679 smlbizman
smlbizman's picture

were is garret morris when you need him....

Thu, 04/25/2013 - 13:49 | 3498744 JonNadler
JonNadler's picture

ha ha the assistant says we don't even tak to the Argentine press about inflation, it's not discussed......

10.2% HA HA HA

Thu, 04/25/2013 - 13:54 | 3498759 Ahmeexnal
Ahmeexnal's picture

He did mention that he might be wrong about the "decimal place", meaning inflation could really be 102%.

It's not spanish he is speaking, it is LUNFARDO.

Thu, 04/25/2013 - 13:55 | 3498783 JonNadler
JonNadler's picture

sabes mucho vos, che dejate de joder

Thu, 04/25/2013 - 14:28 | 3498818 hedgeless_horseman
hedgeless_horseman's picture






As global leaders, we both believe in the international language of transparency, and so we must approve of and support the handling of this interview and the so-called journalist, and the quick termination. 


This foreign-born reporter is a twisted-perverted knock-off journalist....she was believed to have been armed and dangerous...and she could not be allowed to terrorize our great nations by causing confusion by attempting to point out contradictions in our message of peace and prosperity.  As we all know, any rise in prices is due solely to evil speculators.  Once again, any rise in prices is due solely to evil speculators. These evil speculators are different from the  speculators that support our administrations with bribes and campaign contributions.


Please, pay close attention to the following distractions.




Barack Hussein Obama

Cristina Elisabet Fernández de Kirchner 



Thu, 04/25/2013 - 14:28 | 3498911 Kirk2NCC1701
Kirk2NCC1701's picture

I'm willing to beam her up and set her straight on basic economics of Supply, Demand and Price points!  ;-)

Thu, 04/25/2013 - 14:34 | 3498944 toys for tits
toys for tits's picture

All I heard was 'yo quiero Taco Bell'.

Thu, 04/25/2013 - 16:57 | 3499609 Kirk2NCC1701
Kirk2NCC1701's picture

LOL.  You do realize that "taco" shell is a metaphor for something else -- of similar shape? 

"Yo quiero tacos con salsa picante".  ;-)

Thu, 04/25/2013 - 17:06 | 3499652 Scarlett
Scarlett's picture

you know that buying dollars in the black market is an act of terrorism there, with 8 years of prisontime

Fri, 04/26/2013 - 08:55 | 3501871 Spinelli
Spinelli's picture

Naw thats just to scare.. In practice nothing happens, maybe a fine. You have to realise that most of the politicians buy/sell only on the black market.

They are called cuevas de plata, and they are everywhere... I go twice a week if needed.


srsly argentinian politics are actually a real life comedy show that will be aired in 100 yrs.

Thu, 04/25/2013 - 16:38 | 3499527 Coast Watcher
Coast Watcher's picture

Not needed. She obviously qualifies for the Krugman Committee Nobel in Economics, to be accepted at the same time Obama picks up his second Peace Prize for bombing Syria.

Thu, 04/25/2013 - 17:40 | 3499800 Freddie
Freddie's picture

I thought your were gonna beam her up and have her spank your monkey.

Thu, 04/25/2013 - 18:33 | 3500060 MillionDollarBoner_
MillionDollarBoner_'s picture

Chrissie dont get to spank my monkey til I get to "re-educate" her on the true meaning of ATM...and I aint talkin bout Banco Argentino or whatever they call it ;0)

Thu, 04/25/2013 - 19:05 | 3500190 ronaldawg
ronaldawg's picture

It is difficult to lie through your teeth while speaking SPANISH.  It is soo much easier in English...................

Thu, 04/25/2013 - 14:49 | 3499034 malikai
malikai's picture

Dear friend,

You sound not familiar with The Road We've Traveled.

Thu, 04/25/2013 - 15:18 | 3499176 Oracle of Kypseli
Oracle of Kypseli's picture

The narrator in the background was speaking in Greek. In Spanish he said 10.2 % but he was chewing his words. The lady that came later told them the real reason that they were cut-off. Not that he has to go. He was told to say that he has to go. But.......we all know that governments don't lie so 10.2 % per day.

Apparently the girl asking the questions and the narrator were from Greek TV

Thu, 04/25/2013 - 15:22 | 3499208 jimmytorpedo
jimmytorpedo's picture

Oh my god. I had never seen "The road we've travelled"

I thought it was a spoof.

And then I didn't know what to think, anyone read the comments?

I'm gobsmacked. It is for real, people actually think this shit?

Some of you Zh'ers still live there?

How do you not go insane being around people who think BO is anything but a slimy piece of

Aw forget it, just thinking about him is making me retch.

For your own sake, get out while you can.

Really, Mexico, Pan., CR, even Nicaragua is nice, fuck the money, relatives, job, house, kids or wife even.

You will go insane staying there, never mind all the rest of the BS.

Watching this video made the sheeple concept really hit home.


Thu, 04/25/2013 - 16:10 | 3499414 Lore
Lore's picture

Don't think. Just feel.

Thu, 04/25/2013 - 17:30 | 3499736 Cacete de Ouro
Cacete de Ouro's picture

The girls in Buenos Aires are in general very hot. The Argentine guys are handsome too and the rich guys very confident,, so it puts it into perspective for all wannabe pickup artists. I would hang out in Palermo if you want to meet trendy chics. Recoleta is like Manhattan and you might pick up some older rich dolls. In the center ita anyones guess, you can meet local chicks but be aware of monetary expectations. Central clubs can be awesome, going on all night. Lots of amazing local girls in general in clubs.

Thu, 04/25/2013 - 14:18 | 3498873 ceilidh_trail
ceilidh_trail's picture

Even funnier is the next video, "best husband ever keeps watch as wife poops in shenzen elevator". Where's ananonymous when I need him? Somebody needs to pick up the pile left behind by her behind...

Thu, 04/25/2013 - 14:49 | 3499021 Popo
Popo's picture

Mainlanders.  That pretty much sums it up.

Thu, 04/25/2013 - 15:19 | 3499191 akak
akak's picture

Chinese shitizenism in action once again!

I wonder, could the "best husband in the world" be AnAnonymous?

Make me laugh.

Thu, 04/25/2013 - 15:32 | 3499249 Buckaroo Banzai
Buckaroo Banzai's picture

Makes sense because the two stories are quite analogous:

-- The elevator is Argentina

-- The woman shitting in the elevator is Kirchner

-- Obama is the guy making sure the door is closed so no one sees

-- The reporter is the person outside the elevator wondering why the door won't open

Thu, 04/25/2013 - 14:34 | 3498936 SilverDOG
SilverDOG's picture

Inflation to collapse Argentina's economy and eviscerate Argentina's infrastructure has been utilized for

30 years. A war is being waged upon Argentina, without explosive weapons, only implosive.




Africa is treated likewise, less covertly.

Thu, 04/25/2013 - 14:45 | 3499002 machineh
machineh's picture

Amazing they would do that to themselves, isn't it?

Argentina's central bank is cranking the M3 money supply at 34.4% annually ... with newly printed pesos.


Thu, 04/25/2013 - 17:45 | 3499825 Freddie
Freddie's picture

They need to print faster to catch up with Ben Shalom.

Fri, 04/26/2013 - 06:41 | 3501566 SilverDOG
SilverDOG's picture

Amazing you would choose to see results only.

"Cause and effect my love" - The Matrix

Thu, 04/25/2013 - 14:46 | 3499011 Clayton Bigsby
Clayton Bigsby's picture

Mira! Una esquirrelo!!...

Thu, 04/25/2013 - 19:29 | 3500279 killallthefiat
killallthefiat's picture

I am not sure why more enterprising reporters don't LEAVE THE CAMERA ON like this woman.  All we need is the audio. 


Nice going, reporter.  Now let's do the same for the cops in the USA world.

Thu, 04/25/2013 - 13:37 | 3498659 Bam_Man
Bam_Man's picture

The head of their Central Bank obviously does not have a PhD from MIT.

Nor has ever been a Managing Director (or above) at Goldman Sachs.

Too bad for them.

Thu, 04/25/2013 - 13:40 | 3498668 ParkAveFlasher
ParkAveFlasher's picture

Is this a joke?  I am not a polyglot.  She's in English, the subtitle is Portuguese, he's in Spanish, and some Polish lady is overdubbing.

EDIT:  OH snap, from 1:30 onwards, well there it is. 

Thu, 04/25/2013 - 13:40 | 3498694 Political_Savage
Political_Savage's picture

You lost me after English - even though I speak French and German.

If you can speak English, then you can speak Dutch too because it's pretty much the same... just add an odd concenant or vowel somewhere, or change an "s" to a "z"

Thu, 04/25/2013 - 13:45 | 3498731 ParkAveFlasher
ParkAveFlasher's picture

I'll stick to Goldmember imitations.

Thu, 04/25/2013 - 13:47 | 3498740 Uber Vandal
Uber Vandal's picture

Just don't tell a Dutch person that German is similar to Dutch.

Wow, I got an ear full from that.....

Thu, 04/25/2013 - 13:52 | 3498768 Ahmeexnal
Ahmeexnal's picture

German is bastardized Dutch.

Thu, 04/25/2013 - 16:02 | 3499386 XitSam
XitSam's picture

Yeah? Well I know how to read German train schedules. I read a Dutch one once and got on the wrong train. Had to go back. Luckily conductor spoke English and got me straighted out.

Thu, 04/25/2013 - 18:44 | 3500116 MillionDollarBoner_
MillionDollarBoner_'s picture

point of information.

what we now call Dutch is Amsterdam Dutch (there were around 10 dialects until they plumped for one) and the similarity to English arises due to Hansa League trade with England infecting the Amsterdam dialect....



Thu, 04/25/2013 - 13:53 | 3498760 flacon
flacon's picture

That's Greek, not Polish. 

Thu, 04/25/2013 - 18:51 | 3500141 Imminent Crucible
Imminent Crucible's picture

"No es posible obtener una respuesta a pregunta esto sin un montón de mierda."

That's what she wanted to say at the end.

Thu, 04/25/2013 - 13:42 | 3498695 Temporalist
Temporalist's picture

She's Greek (no you're right it's Portugese), speaking English to the camera and then speaks Spanish.


All you need to know is that the "economist" walked out of the interview when asked about inflation.  He probably went to polish his PhD.

Thu, 04/25/2013 - 13:44 | 3498717 ParkAveFlasher
ParkAveFlasher's picture

I understood, I speak Spanish, it's just a brain crosser.  My God, people disappear in Argentina, sister.  When the handler comes over and asks her wtf does she think she is doing, she says "people are asking, people are talking about it, I'm trying to do a good job."

Thu, 04/25/2013 - 13:44 | 3498726 Temporalist
Temporalist's picture

Nobody expects the Spanish Inquisition!

Thu, 04/25/2013 - 13:47 | 3498741 ParkAveFlasher
ParkAveFlasher's picture

When inflation descends in Buenos Aires, and people like her start disappearing for such insolence, will the kind non-gold-wearing Pope condemn tyrannical injustices then, or will it be fascismo business as usual?

Thu, 04/25/2013 - 13:55 | 3498777 dracos_ghost
dracos_ghost's picture

As Monty Burns would say "Exxxxxxcellent" Her face sure did turn white when confronted. Pretty ballsy on her part.Wait, look, a squirrel. Move along.

Thu, 04/25/2013 - 13:38 | 3498672 Political_Savage
Political_Savage's picture

Fine - I'll admit it. I don't speak that language.

I can tell a liar when I see one - but the nuance is lost on me here.


Thu, 04/25/2013 - 13:50 | 3498751 tmosley
tmosley's picture

The official walked out on the interview, then his assistant told the interviewer that she shouldn't have been asking such questions, and the interviewer responded that inflation is the most basic subject of economics and that there is simply no way she couldn't have asked the question and done a good job.

That is my impression, at least.  I have some background in Spanish, but I couldn't keep up with the pace at which they were speaking.

Thu, 04/25/2013 - 14:25 | 3498902 Herd Redirectio...
Herd Redirection Committee's picture

All you need to know is, she asked "What is the current rate of inflation in Argentina" and the guys response was not "The current rate of inflation is..."

His answer was more like 'Its complicated.  There are different methodologies, there are CPI and non-CPI goods.  There are revisions to prior periods we are working on.  People want to know how much the price of electricity and bread has gone up, it doesn't work like that.  Like I said its complicated.  Whats that, an important meeting just came up?  I have to get going.  Immediately... *walks off briskly*'

Thu, 04/25/2013 - 14:50 | 3499040 Overflow-admin
Overflow-admin's picture

In fact, he was more 'It's complicated. Argentinian people and medias don't understand the subject (aggregated, non-aggregated, methodologies etc.). His point is that because he wanted to leave, the subject was too compelx to be talked about.


10.2 YoY. Official figure. Go figure the shadow stats. And go figure why gold exchange are restricted.

Thu, 04/25/2013 - 15:37 | 3499271 Buckaroo Banzai
Buckaroo Banzai's picture

The guy looked like he hadn't showered in a few days, and the stress of having to lie all the time was giving him skin problems.

It's good to know that the people who lie to us sure do it much more professionally, and seem to be much better adapted to it. WE'RE NUMBER ONE!!!

Thu, 04/25/2013 - 18:54 | 3500151 Imminent Crucible
Imminent Crucible's picture

Okay, we're number one at slick lying. But Argentina is headed into their 8th sovereign default. We've got some catching up to do.

Thu, 04/25/2013 - 14:49 | 3499022 rodocostarica
rodocostarica's picture

Your Espanol is good Tmosley. You nailed it.

Thu, 04/25/2013 - 13:53 | 3498774 BeepBeepImAJeep
BeepBeepImAJeep's picture

Shit got real after she asked about inflation. I thought they were going to lead her away after she started defending herself verbally at the end.

Thu, 04/25/2013 - 13:38 | 3498674 Quinvarius
Quinvarius's picture

Either ethere were some thick accents there, or I don't speak any of those languages.

Thu, 04/25/2013 - 13:37 | 3498677 88888
88888's picture

They are doomed.

Thu, 04/25/2013 - 14:09 | 3498845 Urban Redneck
Urban Redneck's picture

They have been doomed since almost forever, but they're really scraping the bottom of the barrel for mouthpieces now.

Thu, 04/25/2013 - 16:06 | 3499402 XitSam
XitSam's picture

Argentina used to be a nice place. First half of 20th century it was something like the 6th largest economy in the world.

Thu, 04/25/2013 - 17:52 | 3499862 Freddie
Freddie's picture

Yup.  Pre-War WW2?   They have endless resources and endless corruption.

Thu, 04/25/2013 - 14:37 | 3498958 redux2redux
redux2redux's picture

You know it is bad whenever they start playing the 'Malvinas - Falkland' card...

Thu, 04/25/2013 - 13:38 | 3498681 Agent P
Agent P's picture

I don't speak Spanish, so I'm just going to assume inflation in Argentina is a really really really big number.

Thu, 04/25/2013 - 14:01 | 3498812 machineh
machineh's picture

No need to assume ... this site has a subscription to PriceStats which indicates a current annual inflation rate of 20.7% ... vs. a claimed official rate from Indec (Argentina's national statistical agency) of about 10%.


Thu, 04/25/2013 - 14:29 | 3498913 toys for tits
toys for tits's picture

Is that with food, fuel, and everything else removed?

Thu, 04/25/2013 - 14:49 | 3499028 machineh
machineh's picture

PriceStats is the commercial version of MIT's Billion Prices Project.

Its spiders scan every retail price that can be found on the internet.

So you could say that it's with all non-internet-sold goods removed. But it's still pretty accurate all the same.

Thu, 04/25/2013 - 15:42 | 3499289 Buckaroo Banzai
Buckaroo Banzai's picture

What that 20.7% inflation rate doesn't account for is the precipitous drop in the quality of goods available for sale in Argentina. Import restrictions, capital controls, and outright protectionism have conspired to turn quality to complete shit. And quality of services like electricity have degraded badly, with brownouts, blackouts, and low-voltage events very common. This is all according to Ferfal.

Thu, 04/25/2013 - 15:53 | 3499342 machineh
machineh's picture

Yes, it's quite correct. 

You can't buy good quality sheets or towels there (protected textile market). The thread count is like burlap.

Plastic ice trays crack after you put them in the freezer. Same with glass cookware -- they don't have the modern chemical recipes.

Electrical appliances (microwaves. etc) are assembled in Tierra del Fuego, and are prone to infant mortality.

The real tell is when you use a credit card, and the clerk makes an impression by physically rubbing it with carbon paper.

This happened at the Hertz counter in Baricloche airport, but it is a common occurrence in a country so starved of capital that it can't import electronic card readers.

Thu, 04/25/2013 - 13:39 | 3498686 Ident 7777 economy
Ident 7777 economy's picture





"Dodge and weave" has become "turn and run" ...



Thu, 04/25/2013 - 13:55 | 3498780 asscannon101
asscannon101's picture

Remember: dodge, duck, dip, dive and... dodge. Because if you can dodge a wrench- you can dodge a ball.

Thu, 04/25/2013 - 13:40 | 3498690 thecoloredsky
thecoloredsky's picture

Is the humor coming from the content of the video or the fact that I have no idea what I just watched?

Thu, 04/25/2013 - 13:41 | 3498696 Seasmoke
Seasmoke's picture

WTF did i just watch ?????????????

Thu, 04/25/2013 - 14:05 | 3498829 Overflow-admin
Overflow-admin's picture

THAT, but IRL.

Thu, 04/25/2013 - 13:41 | 3498700 InconvenientCou...
InconvenientCounterParty's picture

don't eat the apple.

Thu, 04/25/2013 - 13:41 | 3498701 Doubleguns
Doubleguns's picture

Does he look like a deer in the headlight to anyone else?

Thu, 04/25/2013 - 13:53 | 3498776 NoDebt
NoDebt's picture

My favorite part is where the handler is yelling at him off-screen and he's like "no, no, it's OK, I got this.  I can answer this." 


Thu, 04/25/2013 - 14:24 | 3498819 Things that go bump
Things that go bump's picture

One of the good things about not understanding what he says is that you can take a good look at him and ignore what is coming out of his mouth. He looks like a badly frightened man. His eyes look like that picture of a deer in the headlights that Tyler puts up once in a while. His clothes are rumpled, he needs a shave and a haircut, he doesn't look particularly clean, you can tell his hair hasn't been washed in a long time, and his color is just terrible. This is not the picture of a confident government official in an important position. He looks more like someone who is about to suck on the business end of a handgun. Things must be really desperate for him to present himself for an interview in this condition. He is very young to be holding such an important position, poor thing, so apparently no one with any sense and experience would take the job. Designated fall guy?

Thu, 04/25/2013 - 15:55 | 3499350 machineh
machineh's picture

Nearly all of Kirchner's cabinet are 30 or 40-somethings with little relevant experience.

She likes people she can dominate, which requires that they be young, dumb and inexperienced.

Thu, 04/25/2013 - 13:41 | 3498708 koncaswatch
koncaswatch's picture

They don't know! Their economy has been moved to Uruguay.

Thu, 04/25/2013 - 13:41 | 3498709 CrimsonAvenger
CrimsonAvenger's picture

Aw, leave him alone. He has sad puppy eyes.

Thu, 04/25/2013 - 13:45 | 3498725 ParkAveFlasher
ParkAveFlasher's picture

He probably still lives with his mother.  No, seriously.  That's how they roll.

Thu, 04/25/2013 - 13:42 | 3498710 smacker
smacker's picture


Why use one sentence to non-answer a simple question when five will do!


But we know inflation is very low in Argentina because they've put controls on prices, wages and anything that moves or still has a pulse.


The only other two people I know who blathered like that were Brits: Neil Kinnock and Gordon Brown.

Thu, 04/25/2013 - 14:08 | 3498846 Overflow-admin
Overflow-admin's picture

Inflation stats in Argentina are as much connected to reality as Gold/Silver COMEX. BTW official figures are 10.8 YoY last year, I let you figure out the 'shadow stats'

Thu, 04/25/2013 - 13:45 | 3498722 RobD
RobD's picture

Who's on first?

Thu, 04/25/2013 - 13:45 | 3498729 Agent P
Agent P's picture

They should make this guy a US Senator, because he would kick ass at the filibuster.

Thu, 04/25/2013 - 13:46 | 3498732 Fix It Again Timmy
Fix It Again Timmy's picture

I minister the economy, what the hell do I know?  My father-in-law gave me this job....

Thu, 04/25/2013 - 13:46 | 3498735 holgerdanske
holgerdanske's picture

Babbling idiot. Is that not what you would call him.

Is he paid for being a twit?

Thu, 04/25/2013 - 14:22 | 3498888 machineh
machineh's picture

Actually, he's being paid to lie for a twat.

Thu, 04/25/2013 - 13:47 | 3498738 ragemachinest
ragemachinest's picture

When asked the 2nd question he basically whines like a little baby saying, "I want to go... I want to go..." He says he's done talking about Argentina's inflation and the last answer he gave would have to be what she'd have to stick with and he doesn't want to go back to the subject of inflation. What a freaking baby. They are d00med!

Thu, 04/25/2013 - 14:26 | 3498903 BandGap
BandGap's picture

What do you mean "they"?

Nicolas Cage's ugly brother.

Thu, 04/25/2013 - 14:05 | 3498750 CaptainSpaulding
CaptainSpaulding's picture

Im not laughing.. Que Amadeus annoying laugh

Thu, 04/25/2013 - 13:54 | 3498752 Killer the Buzzard
Killer the Buzzard's picture

As per Consuela the Mexican housekeeper from Family Guy "No.... no.... no.... No inflation"

Thu, 04/25/2013 - 13:53 | 3498763 Tinky
Tinky's picture

This actually is an important illustration of why most "advanced" democracies are courting disaster. The lack of any serious, public, adversarial discourse with those in power is deepy insidious.

Helen Thomas is gone, and Presidents' routinely and carefully manage all public interactions. It is better under a Parlimentary system, but true dissenters are few and far between.

As simple as it sounds, if there were a weekly, nationally televised debate between those in high offices and serious critics, the country would be far, far different than it is today.

Thu, 04/25/2013 - 13:58 | 3498793 web bot
web bot's picture

Excellent comment. The fact that government needs to hide and misinform is dangerous for demacracy. Suppose now we were to add food and other consumable items into the inflation statistic, what do you think the discussion would be?

Thu, 04/25/2013 - 14:19 | 3498875 Canucklehead
Canucklehead's picture

I could "never" understand why everyone wants to wear a Guy Fawkes mask, and not a Helen Thomas mask.

Thu, 04/25/2013 - 13:53 | 3498767 Overflow-admin
Overflow-admin's picture



My people need me"

Thu, 04/25/2013 - 13:56 | 3498784 web bot
web bot's picture

The optics are hillarious... it's just not funny anymore...

Thu, 04/25/2013 - 13:59 | 3498800 diging deep
diging deep's picture

hmm...think he needs a maths this one.....yes U,just watch the damn clip!!!!

Have a go at seeing if you can work out the way to get to the final answer




Thu, 04/25/2013 - 14:01 | 3498817 Miss Expectations
Miss Expectations's picture

Anyone else notice his neanderthal brow line?

Thu, 04/25/2013 - 14:11 | 3498850 NotApplicable
NotApplicable's picture

With a unibrow like that, it looks like his moustache is trying to get away from his lying mouth!

Thu, 04/25/2013 - 14:03 | 3498826 CrashisOptimistic
CrashisOptimistic's picture

Can someone translate something semi word for word?

Thu, 04/25/2013 - 17:24 | 3499725 auric1234
auric1234's picture

- How much is inflation in Argentina?

- Official Argentina stats register monthly inflation rate. That's the only possible inflation rate. The only public office with technical ability to measure inflation is the National Institute of Statistics

- But, how much is it?

- Er... I think accumulated for last 12 months is 10.2 %.

- The IMF said it would impose sanctions for flawed statistics that you're giving. What are you gonna do about that?

- I'll tell you again, eh... - to the camera - can I cut this for a minute? .... I want to leave. Yes, I want to leave. And, to be honest, speaking about inflation statistics in Argentina is complicated. I'd rather leave it at the last answer I gave you, ok?

Minister's assistant: - This issue may be hard to understand for an outsider. We don't speak about inflation, even with Argentinian media.

- But, this is the major issue in economy. In the street, everyone complains about rising inflation! I can't avoid asking this question, I wouldn't be doing my work correctly.

Thu, 04/25/2013 - 18:02 | 3499902 Freddie
Freddie's picture

Thanks for the translation"

No senor - I could end up floating in the Providence River like that Brown student or become a "speedbump" like the Chechen muslim boy. Our inflation is complicated.

The Argentines can be pretty brutal.

Thu, 04/25/2013 - 14:10 | 3498849 no2foreclosures
no2foreclosures's picture

You Yankees are fucking hypocrites.

The number one cause of the high inflation in Argentina, China, and most export-driven countries is your fucking USD which you print from oblivion.

You fucking Yankees export YOUR inflation and cause economic and financial hardships and destruction on US, and yet you have the gall to laugh and humor yourselves at our expense.


Thu, 04/25/2013 - 14:11 | 3498854 CrashisOptimistic
CrashisOptimistic's picture

We print nuclear bombs, too.  Might export a few if folks get uppity.

Thu, 04/25/2013 - 14:17 | 3498869 Canucklehead
Canucklehead's picture

Well, what is it?  Fu*king Yankees or Fu*king Hypocrites?  You can't have both...  If you don't believe me, ask AnAnonymouse.

Thu, 04/25/2013 - 14:20 | 3498879 machineh
machineh's picture

No, you are uninformed.

The first sentence of the Argentine central bank's monthly report for March states that the M3 money supply growth has 'moderated' to 34.4% (not a typo).

That is the peso money supply -- pesos that they printed. 

The US does not force Argentina to print pesos.

Next time do your homework before ignorantly popping off.


Thu, 04/25/2013 - 14:45 | 3499001 AchtungAffen
AchtungAffen's picture


Fri, 04/26/2013 - 08:47 | 3501810 Spinelli
Spinelli's picture

I hope your not trying to say usa doesnt export inflation....


and trust me, it may not be "the yankees" but there are people and forces forcing them to print.


Thu, 04/25/2013 - 18:02 | 3499912 Freddie
Freddie's picture

You think any of us like The Ben Bernank or the baby Allah O?

Well there are a few Dem fu**tards here who like the islamic temeprompter.

Thu, 04/25/2013 - 14:15 | 3498862 Confundido
Confundido's picture

This is sooo funny! Made my day. Particulary when the reporter, in her cute Spanish accent, tells the assistant to the minister that she has to ask that question....

Thu, 04/25/2013 - 14:20 | 3498880 kito
kito's picture

hey anybody want to join me here in doug caseys utopiaville????? this place is great..........great views of the andes................fruit trees lush and filled with delicious ripe oranges, peaches.......our garden is bountiful.....the vines are bursting with grapes......the malbec is flowing.........the grass fed steaks are juicy........oh...shit...whats that??????......................holy crap!!!.........the argentian calvary is heading up our mountain drive!!!...........WTF!!!.........they are launching grenades!!!.................gotta go.....DAMN I KNEW I SHOULDNT HAVE BURIED MY GOLD NEXT TO THE SWIMMING POOL!!!!.............................................

Thu, 04/25/2013 - 14:43 | 3498987 Broccoli
Broccoli's picture

Cavalry with grenades or predator drones with missiles.

Argentina doesn't look so bad in proper perspective.

Thu, 04/25/2013 - 14:56 | 3499058 machineh
machineh's picture

They don't even have radar coverage in the north of Argentina. It's a 'free fly' zone for drug (and these days, currency) smugglers.

If the Salta province cavalry actually did show up, it probably would be a dozen gauchos brandishing muzzle loaders.

But Doug Casey's friendly with the caudillo governor's son, so that ain't gonna happen.

Salta's so far from Buenos Aires, it might as well be in Paraguay.


Thu, 04/25/2013 - 15:02 | 3499097 TheGardener
TheGardener's picture

Guess which three letter agency has her South American
headquarters north of Argentina in Paraguay ? Free fly zone

Thu, 04/25/2013 - 18:04 | 3499921 Freddie
Freddie's picture

Can I get a few rounds of golf in at Doug's Argie Eldorado before I become "disappeared?"

Thu, 04/25/2013 - 14:49 | 3499017 AchtungAffen
AchtungAffen's picture

Hey, wonder where all the Kirchneristas from that other post about "Argentine's revolting" are now. Oh, yeah, #mequieroir.

Lovely how they admitted in that video (handler talking to reporter) that they don't talk inflation even with the Argentine press. And as for Cristina Kirchner, there's no inflation problem. And she thinks she's some kind of Evita resurrected. My bet is that she's Marie Antoinette's resurrection, let em eat brioche.

Thu, 04/25/2013 - 14:57 | 3499062 irie1029
irie1029's picture


Thu, 04/25/2013 - 15:14 | 3499078 ugmug
ugmug's picture



This clip highlights the real reason why democrats want to legalize everyone south of the border.... cradle to grave stupidity!

Thu, 04/25/2013 - 15:58 | 3499365 machineh
machineh's picture

Argentine IQs are the same as elsewhere. 

What Lorenzino exhibits is Peronism-induced stupidity.

He's sort of a South American Nancy Pelosi.

Thu, 04/25/2013 - 16:11 | 3499416 ugmug
ugmug's picture

An IQ that is never used is called liberalism.


Thu, 04/25/2013 - 15:03 | 3499100 debtor of last ...
debtor of last resort's picture

Seasonal adjusted cpi rose 0,4 during the interview.

Thu, 04/25/2013 - 15:14 | 3499157 Clowns on Acid
Clowns on Acid's picture

Don't ask Don't tell....

Thu, 04/25/2013 - 15:56 | 3499356 pashley1411
pashley1411's picture

hmm, so Argentina doesn't use the word "inflation".

The US Government can't use the words "Islamic terrorists".   So what's the difference?    You think the chief stooge-of-the-moment in Treasury is going to use the word "inflation" once it hits 10%+.    Or "default" when the government can't pay its bills?  Or "fuck with the newbs" when the meddler-in-chief grounds air flights?

The emperor has no clothes.

Thu, 04/25/2013 - 17:26 | 3499730 NoWayJose
NoWayJose's picture

My Mega Box of trash bags was about empty, so I grabbed a new box at the store today.  Same price I thought?  Good.  No inflation yet.  Got home and placed it next to the box I bought a few months ago.  Old box had 56 bags - new box has 50 bags....  That's a 10% inflation rate in just a few months...  Where are my six bags, Ben?

Thu, 04/25/2013 - 17:29 | 3499737 rosiescenario
rosiescenario's picture

Funny ......he is from Argentina but does not have a German accent.....


Amore user friendly video:

Fri, 04/26/2013 - 08:38 | 3501788 Spinelli
Spinelli's picture

Huh, 80% have italian blood... German??? The german population in argentina are just another embarassing fact about the country... But there arnt many

Fri, 04/26/2013 - 04:22 | 3501471 Izznogood
Fri, 04/26/2013 - 08:35 | 3501781 Spinelli
Spinelli's picture

Im an Argentinian born citizen and i approve this message.




please translate this into english and send it to warner brothers... It would be their best comedy, fucking halarious...


seriously argentina is beautiful, the women so sexy, the culture so open... But the government... I cant hate it, its to fucking have no idea.


the dolar is at 5 pesos? Really? THEN FUCKING SELL ME DOLLARS FOR 5 pesos you cunt bitch... Why do cuevas de plata exsist if your numbers are legit????

seriously a 1 party democratic system says it all folks.



a few months back we had 3 times the official anual inflation in about a month....

week one: buy soda, 4 pesos.

week two: 6 pesos.

week three: 7.5 pesos.

week four: 9 pesos.


and its not just soda... Its everything.

Fri, 04/26/2013 - 09:37 | 3502049 Spinelli
Spinelli's picture

Update: the dolar blue (the price at whichmyou can buy dolars in the black market called cuevas de plata) is now at.....




i left argentina 3 weeks ago for china... It was at 8 when i left... 10 PERCENT ANUAL INFLATION... hahahHahhahJhHjJjJjJajajajajajaj

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