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FEB 05, 2013 - TheStreet

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Freeze! How Not to Beat Inflation, Argentina Style

NEW YORK (TheStreet) -- The most interesting headline I saw yesterday had nothing to do with Dell Computer , and when a deal might get done/at what price; or with yesterday's market pullback. Instead, it was concerning Argentina's efforts to "break" inflation. Yup, they have found the solution to rising food prices: price controls. The solution works like this: simply mandate that the prices on supermarket products cannot be increased for the next two months. These price controls will evidently apply to every single product in the Argentina's largest supermarkets, which includes Wal-Mart ... Read More

Tags: Freeze! How Not to Beat Inflation, Argentina Style,  Wal-mart Latest News