It has to be one of the 100 reasons.
I don’t mean to be obtuse, but how does that cause inflation?
Inflation in Argentina
There are 358 replies in this Thread which has previously been viewed 14,194 times. The latest Post () was by UK Man.
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I don’t mean to be obtuse, but how does that cause inflation?
Chain reaction.....
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I don’t mean to be obtuse, but how does that cause inflation?
I've checked instalment payments on Mercadolibre and for the same product, the price is loaded for zero interest payments. Might or might not be a contributing factor. Doubt it though.
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I checked the washing machine we bought, with a similar model in the UK and the prices are very similar - the same models are not on sale but the technical characteristics are similar.
Our model is available, a few thousand pesos cheaper on Mercado libre but they charge delivery. This one is bought from Fravega who offer free delivery.
The six installment plan works when the one-off payment price is never discounted . What will be the 20,000 pesos instalment be with when we pay it off in month 6?
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I checked the washing machine we bought, with a similar model in the UK and the prices are very similar - the same models are not on sale but the technical characteristics are similar.
Our model is available, a few thousand pesos cheaper on Mercado libre but they charge delivery. This one is bought from Fravega who offer free delivery.
The six installment plan works when the one-off payment price is never discounted . What will be the 20,000 pesos instalment be with when we pay it off in month 6?
So the cash price was the same as the instalments price?
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So the cash price was the same as the instalments price?
Exactly.
Absolutely no benefit in paying in one cuota.
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All of which returns me to the same question:
How could offering extended payment in cuotas contribute to inflation?
I dont think it does.
In fact, it helps families combat extra expenditure.
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I dont think it does.
In fact, it helps families combat extra expenditure.
I'm not so sure. If your washing machine works out the same price as a UK equivalent one there's something fishy going on.
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if you look at some electronics, some are at the same prices as the USA ( Of course using the blue FX rate)
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if you look at some electronics, some are at the same prices as the USA ( Of course using the blue FX rate)
That's cheating!!
Just a thought but are there superstores like Comet, PC World, Argos,Curry's in BA? There's sod all like that here.
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if you look at some electronics, some are at the same prices as the USA ( Of course using the blue FX rate)
Agreed.
I often compare PC components and using the blue rate, many are the same price on Amazon. It's just that when you see something priced at 500,000 pesos, it's a bit scary.
That's cheating!!
Just a thought but are there superstores like Comet, PC World, Argos,Curry's in BA? There's sod all like that here.
Clearly not, but there are Fravega stores and similar.
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At a speech in Santiago del Estero, President Fernandez said that inflation in Argentina is in large part down to a world-wide problem.
Who the f**k is he trying to kid?
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Yip 7-8% a year in most countries.
7-8% a month in Argentina.
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At a speech in Santiago del Estero, President Fernandez said that inflation in Argentina is in large part down to a world-wide problem.
Who the f**k is he trying to kid?
High inflation been here every month since I came years ago. Don't tell him though or he'll start blaming me!!
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The regime is forecasting 95% inflation by the end of the year and by sheer necromancy, 60% next year.
Ha fucking ha.
High inflation been here every month since I came years ago. Don't tell him though or he'll start blaming me!!
Not this high. It was 3% when I arrived in 2005.
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I was a little out on 2005 which was 9.64%, but check out 1990.
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The government now admits it will reach 100% by the end of the year.
The target for 2023 is to bring that down to 60%.
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I was a little out on 2005 which was 9.64%, but check out 1990.
That makes more sense. So inflation in 2005+2006 topped 40%. I was pretty sure I’d never have noticed anything below 10%.
In the US now, inflation is 9.3%, largely because of understandable factors with probable endpoints: pandemic lockdown, long term supply chain interruptions, Russia’s war on Ukraine. Yet this inflation rate may well push voters from the current administration, into the arms of a proven autocrat. We Americans seem to have lost the ability to endure temporary privations with a stiff upper lip. Instead, we look for scapegoats as we throw all our toys out of the crib, and eagerly believe the self-serving promises of politicians who have absolutely no regard for the good of the country.
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