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WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!

 
Anonymous Coward
User ID: 19315397
Mexico
02/04/2013 08:57 PM
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WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Up until now, Argentina's descent into a hyperinflationary basket case, with a crashing currency and loss of outside funding was relatively moderate and controlled. All this is about to change. Today, in a futile attempt to halt inflation, the government of Cristina Kirchner announced a two-month price freeze on supermarket products. The price freeze applies to every product in all of the nation’s largest supermarkets — a group including Walmart, Carrefour, Coto, Jumbo, Disco and other large chains. The companies’ trade group, representing 70 percent of the Argentine supermarket sector, reached the accord with Commerce Secretary Guillermo Moreno, the government’s news agency Telam reported. As AP reports, "The commerce ministry wants consumers to keep receipts and complain to a hotline about any price hikes they see before April 1."
Anonymous Coward (OP)
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Mexico
02/04/2013 08:58 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
[link to www.zerohedge.com]
miqq

User ID: 27618421
Argentina
02/04/2013 09:02 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Fuck this shit! I'm going to Carrefour!
Anonymous Coward
User ID: 7881256
United States
02/04/2013 09:04 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
i think they will be ok. brazil is going to introduce it's own central bank. that is - they'll be ok if they decide not to practice fractional reserve lending, rampant printing, false derivatives trading, and a zero commodity collateralized currency system. hmmm now that i mentioned the things they can't do to be successful, i think i should make a derivative against the idea that they will choose morality over stupidity. chances are i would retire on that one. toungebanana2stay tuned!!
Anonymous Coward
User ID: 33287704
United States
02/04/2013 09:05 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
239034th inflation and we haven't learn how control it yet. it's a tradition now
Useless Cookie Eater

User ID: 29696048
United States
02/04/2013 09:05 PM

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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
USA should watch this closely...we are headed in the same direction.
~IS~

User ID: 1267719
United States
02/04/2013 09:15 PM

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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Up until now, Argentina's descent into a hyperinflationary basket case, with a crashing currency and loss of outside funding was relatively moderate and controlled. All this is about to change. Today, in a futile attempt to halt inflation, the government of Cristina Kirchner announced a two-month price freeze on supermarket products. The price freeze applies to every product in all of the nation’s largest supermarkets — a group including Walmart, Carrefour, Coto, Jumbo, Disco and other large chains. The companies’ trade group, representing 70 percent of the Argentine supermarket sector, reached the accord with Commerce Secretary Guillermo Moreno, the government’s news agency Telam reported. As AP reports, "The commerce ministry wants consumers to keep receipts and complain to a hotline about any price hikes they see before April 1."
 Quoting: Anonymous Coward 19315397


When globalist business agree's to shit like this in one nation. That means they will make up the cost somewhere else.

Otherwise any normal business would shut down.
Anonymous Coward
User ID: 32957143
02/04/2013 09:49 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
If u tell those corporations to stop rising prices, will they really stop gain and sell for free?..inflation is not because they decide...or because the producer decide...its the consecuetion of the national economic politic.
Anonymous Coward
User ID: 32957143
02/04/2013 09:57 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Or may be those corporation can freeze their prices because their were threat with looting them.
Anonymous Coward
User ID: 14286934
United States
02/04/2013 09:58 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Im gonna call it out. Remember on deep impact when they froze the price of everything because the panic was about to set in from the comet? Similar thing going on here? Possible, if not from a comet/asteroid then from some other form of doom they want to stop the panic from.
pool
Netizen Ribbonmind

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United States
02/04/2013 09:59 PM

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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
It's very common in Germany and France. There are regulated sale dates as well. Businesses can not randomly compete.
No yesterday, no tomorrow.
Anonymous Coward
User ID: 32957143
02/04/2013 10:08 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
In germany or in france could be...but with an inflation of more than 30% like argies u cant freeze prices for 2 month in order to lower the inflation
Anonymous Coward
User ID: 33130922
Canada
02/04/2013 10:35 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Great News at last on GLP!

Little shits deserve it!

Hats off to the Bank of ENgland for once, who have probably worked hard behind the scenss to engineer this!

If they can't leave their hands off other people's property, then this is better than having to nuke the shit out of them with a battery of Trident missiles.

Perhaps when the stores are empty and being torched by rioters and people are starving and dying of simply diseases in the street for want of 10 cent medications, the loittle shits'll think twice about trying to steal from others.
Useless Cookie Eater

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United States
02/04/2013 10:42 PM

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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
In germany or in france could be...but with an inflation of more than 30% like argies u cant freeze prices for 2 month in order to lower the inflation
 Quoting: Anonymous Coward 32957143


Price fixing (freezes) only create shortages.
...and that gets ugly too.
Anonymous Coward
User ID: 33538532
Canada
02/04/2013 10:51 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
i think they will be ok. brazil is going to introduce it's own central bank. that is - they'll be ok if they decide not to practice fractional reserve lending, rampant printing, false derivatives trading, and a zero commodity collateralized currency system. hmmm now that i mentioned the things they can't do to be successful, i think i should make a derivative against the idea that they will choose morality over stupidity. chances are i would retire on that one. toungebanana2stay tuned!!
 Quoting: Anonymous Coward 7881256


cool2
Anonymous Coward
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United States
02/04/2013 10:52 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Econ 101 says price fixing causes shortages YO
Anonymous Coward
User ID: 28862411
United States
02/04/2013 10:53 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
The Argentina president is hot and should be president of America too. Cristina for President 2016!
Anonymous Coward
User ID: 24291937
United States
02/04/2013 10:53 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
oh snap the consequences will never be the same
Buck Johnson

User ID: 23999628
United States
02/04/2013 10:58 PM

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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Up until now, Argentina's descent into a hyperinflationary basket case, with a crashing currency and loss of outside funding was relatively moderate and controlled. All this is about to change. Today, in a futile attempt to halt inflation, the government of Cristina Kirchner announced a two-month price freeze on supermarket products. The price freeze applies to every product in all of the nation’s largest supermarkets — a group including Walmart, Carrefour, Coto, Jumbo, Disco and other large chains. The companies’ trade group, representing 70 percent of the Argentine supermarket sector, reached the accord with Commerce Secretary Guillermo Moreno, the government’s news agency Telam reported. As AP reports, "The commerce ministry wants consumers to keep receipts and complain to a hotline about any price hikes they see before April 1."
 Quoting: Anonymous Coward 19315397


I read this at zerohedge, and it's the few nails before the coffin lid is lowered on Argentina. The grocery chains won't eat it on prices to safe argentina when it will cost them more every week to buy the goods for the store and sell it at a major loss. What will happen is that the stores will go bare and the chains will go out of business.
[link to www.s8int.com]

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”

Quote from Joseph Goebbels Hitlers propaganda man.
Anonymous Coward
User ID: 24625287
United States
02/04/2013 11:02 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
In germany or in france could be...but with an inflation of more than 30% like argies u cant freeze prices for 2 month in order to lower the inflation
 Quoting: Anonymous Coward 32957143


Price fixing (freezes) only create shortages.
...and that gets ugly too.
 Quoting: Useless Cookie Eater


Wow...somebody who has had Econ 101. Few and far between.

Shelves could get empty.
Anonymous Coward
User ID: 19980561
United States
02/04/2013 11:06 PM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
USA should watch this closely...we are headed in the same direction.
 Quoting: Useless Cookie Eater


Yea. I was wondering how the population gets by from day to day in this type of environment. (The average Joe Worker) We better start taking notes.
Anonymous Coward
User ID: 33538532
Canada
02/05/2013 12:09 AM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
In germany or in france could be...but with an inflation of more than 30% like argies u cant freeze prices for 2 month in order to lower the inflation
 Quoting: Anonymous Coward 32957143


Price fixing (freezes) only create shortages.
...and that gets ugly too.
 Quoting: Useless Cookie Eater


Wow...somebody who has had Econ 101. Few and far between.

Shelves could get empty.
 Quoting: Anonymous Coward 24625287


Anonymous Coward
User ID: 7479719
United States
02/05/2013 12:23 AM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Price fixing (freezes) only create shortages.
...and that gets ugly too.
 Quoting: Useless Cookie Eater


1. Price freezing
2. Supply shortages
3. Frustrated public
4. Desperate public
5. Crime/riots
6. ???
Anonymous Coward
User ID: 33130922
Canada
02/05/2013 12:28 AM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
We should all thank out lucky stars that it isn't affecting anyone or anywhere of any worth or any importance.
Anonymous Coward
User ID: 30075865
United States
02/05/2013 12:29 AM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Great News at last on GLP!

Little shits deserve it!

Hats off to the Bank of ENgland for once, who have probably worked hard behind the scenss to engineer this!

If they can't leave their hands off other people's property, then this is better than having to nuke the shit out of them with a battery of Trident missiles.

Perhaps when the stores are empty and being torched by rioters and people are starving and dying of simply diseases in the street for want of 10 cent medications, the loittle shits'll think twice about trying to steal from others.
 Quoting: Anonymous Coward 33130922



Do you have anger issues??????
Spitting Into The Wind

User ID: 16376408
United States
02/05/2013 12:29 AM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Check out a young guy who has lived through this:

[link to www.youtube.com]

[link to www.youtube.com (secure)]

[link to ferfal.blogspot.com]
Really?really?

User ID: 29745169
Canada
02/05/2013 12:36 AM

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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Great News at last on GLP!

Little shits deserve it!

Hats off to the Bank of ENgland for once, who have probably worked hard behind the scenss to engineer this!

If they can't leave their hands off other people's property, then this is better than having to nuke the shit out of them with a battery of Trident missiles.

Perhaps when the stores are empty and being torched by rioters and people are starving and dying of simply diseases in the street for want of 10 cent medications, the loittle shits'll think twice about trying to steal from others.
 Quoting: Anonymous Coward 33130922



Do you have anger issues??????
 Quoting: Anonymous Coward 30075865


Probably just another pitiful Canadian with mommmie/queen issues.
Really?really?
Anonymous Coward
User ID: 33351085
United States
02/05/2013 12:38 AM
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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
USA should watch this closely...we are headed in the same direction.
 Quoting: Useless Cookie Eater


ahhh
CeeLite

User ID: 33205178
United States
02/05/2013 01:21 AM

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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
USA should watch this closely...we are headed in the same direction.
 Quoting: Useless Cookie Eater


I was thinking the same thing
STARLING
godlike productions

User ID: 25793066
United States
02/05/2013 01:21 AM

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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
Great News at last on GLP!

Little shits deserve it!

Hats off to the Bank of ENgland for once, who have probably worked hard behind the scenss to engineer this!

If they can't leave their hands off other people's property, then this is better than having to nuke the shit out of them with a battery of Trident missiles.

Perhaps when the stores are empty and being torched by rioters and people are starving and dying of simply diseases in the street for want of 10 cent medications, the loittle shits'll think twice about trying to steal from others.
 Quoting: Anonymous Coward 33130922



Do you have anger issues??????
 Quoting: Anonymous Coward 30075865


Probably just another pitiful Canadian with mommmie/queen issues.
 Quoting: Really?really?

You should read some history about Argentinas most recent collapse, maybe you would understand the original post. Or don't.
mrmuffins69
ban all the things

User ID: 3378512
United States
02/05/2013 01:24 AM

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Re: WTF !! Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow !!
its either this or riots

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