Thursday, January 15, 2009

Argentina Govt Reports 2yr Inflation at 16.3% - Saves Billions in Inflation Linked Bond Payments

Then why did my haircuts go from $6 to $10 in 2 years? (Over 50%)


  1. Maybe you are approaching the maths differently. This is how argentinian government does it:
    Haicut: From $6 to $10 ... $6 + $10 = 16%... See? It´s not that hard... They even gave you 0.3% so that you wouldn´t argue...

  2. I saw a nice poster on the history of Argentine money at the currency exchange. It said that since inception the annualized inflation is 33%.