Here is the king of inflation Paul Krugman stumbling to answer why inflation is good
Quoting: Anonymous Coward 29171399 heheh krugman: "you CAN invest in inflation-adjusted bonds to protect yourself against inflation...."
go figure who cooks inflation rates: bankrupt governments all around the world.
this gentleman needs to refresh his ideas coming to Argentina!
that spanish lady is extremely beatiful and wise. money printing always leads to corruption and theft. she is both smart and beatiful
I think Krugman was exactly right, and he gave a short, correct argument that went straight to the point. You can invest in inflation protected bonds. But that was for Spain not Argentina.
Argentina is different:
(1) Krugman says Spanish inflation is 3%. That's nothing. You say Argentine inflation if 10% official or 25% actual. That's a whole different ballgame.
(2) If you don't have access to inflation hedges like gold, maybe you don't have access to inflation protected bonds either.
You have real problems that Spain, and this attractive young woman, do not have. Don't dignify her by taking up her cause. To ignore the plight of Spain's unemployed, for the sake of 3% inflation, suggests to me that this patrician young lady is quite ugly inside. I would expect her to say "let them eat cake."
You should have access to inflation hedges. Your situation is quite different from Spain. You have a left-wing government in place. Spain has Mariano Rajoy, who acts like an employee of the IMF. Quite different indeed.
