Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (144886)	8/4/2014 7:48:34 PM
From: RetiredNow	Read Replies (2) \| Respond to of 149317

Yes, you know why there is massive inflation in Venezuela and Argentina? They have achieved the Socialist dream of unlimited money printing and endless welfare and stimulus giveaways. Welcome to our future. There is no free lunch no matter how much you wish there to be. Is this really what you want for the USA? All I can tell you is that when a country prints money, the stock market is a great place to be. But the stock market is also very risky in those countries, because it is where inflation shows up most clearly. The crashes from these kinds of bubbles can be very swift and devastating. ------------ Official and black market currency exchange rates of Argentina and Venezuela, as well as official vs. implied inflation rates as of July 24 The Merval Index (monthly) is anticipating a hyper-inflationary crack-up boom as the printing presses are doing overtime in Argentina. Back in 2001, this index traded at 200 points. Its surge has nothing to do with the economy's health, as any visitor to Argentina can easily confirm first hand