2/4/13

Argentina freezes food prices

Argentina has announced a two-month price freeze on supermarket items in an effort to break spiraling inflation which private economists see as heading to 30 percent this year. President Cristina Kirchner-Fernandez's fascist-style government is acting in the time-honored fashion of failing socialist regimes, using  arbitrary price controls, and  meantime war mongering [over the British Falkland Islands] to  distract the masses. More detail here.