Argentine inflation: not a problem http://on.ft.com/eDWAAS (Beyond BRICs)
In Argentina, the president will maintain the high fiscal spending until at least the next election, despite 30% inflation, in order to maintain her popularity with voters The interesting point is that Argentinians don't even notice this level of inflation because of their recent experience with hyperinflation ! In Canada people would be screaming bloody murder at that level!
For anyone who doesn't read it already, Beyond Brics is a great blog for news and analysis of BRIC and emerging markets, many of which are in Latin America.
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