3 ms·
There're some big oversimplifications there. 1. It's not illegal to "challenge" goverment statistics, everybody does it: private agencies do it, provincial gov
by bernawil 11y ago
There're some big oversimplifications there.
1. It's not illegal to "challenge" goverment statistics, everybody does it: private agencies do it, provincial goverments challenge the federeal goverment's stats, etc. Some official said some time ago they'd prosecute some agencies that provided statistics but nothing happend.
2. Goverment kind of "forced" (and not really directly) many companies to leave the price of some products fixed amidst inflation and devaluation, so Big Mc were pretty cheap for a while (that's been over since like 1.5 years).
3. The goverment didn't really crack private agencies from reporting data, they kind of tried and the courts didn't follow. There are lots of agencies reporting inflantion, just check it up.
4. Yes, they fixed the inflation data to fix the inflation-tied bonds (look for "cupon pbi"). But argentina isn't "selling those bonds". Those bonds where issued to funds after the 2002 default, it's a little messy but most funds like these have been nationalized by now, the only people who trade those bonds now are high risk gamblers.