Thursday, June 19, 2008

Freezing Prices

Yesterday, producers of 150 different food staples agreed to maintain prices at their present level for the remainder of 2008 as a response to skyrocketing food prices. According to Bloomberg, the market worries that the government is using the price freeze to counter inflation rather than raising interest rates, which have been at 7.5 percent. The peso, which had reached a five-year apex earlier in the day, gave back some of its gains due to the unfavorable reaction.

Now, having read it once more, I have to ask: is this most boring post ever? Not merely for Gancho, but in the history of blogs, telegrams, poems, sonnets, diaries, and the like, have there ever been 74 words more likely to induce unconsciousness than those written above?

No comments: