'Observers Fear Argentina Facing Possible Hyperinflation'

from san fransisco gate..........

"Imagine you are shopkeeper in Argentina. Now imagine having to adjust the prices of your bananas, oranges, socks, and laundry detergent on daily basis - or more often.

The current inflation crisis is forcing shopkeepers, and everyone else in this country of 40 million, to do just that. Prices rose 33.3% last year. With the official price index at 11% (some peg the real amount at the mid 20% mark), daily price adjustments are an aggravating way of life. Inflation is the decline in money's purchasing power as measured by an official price index. However, what that index states is open to adjustment and interpretation by the government."............read more here