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Comment by henvic

I'm Brazilian. It was not fake money that "saved Brazil". It was reducing / stagnating inflation (temporarily). The fact that they changed the currency even made poor people who had savings in cash (awful idea!), poorer when they forgot to exchange it.

By the way, I've recently posted this https://henvic.dev/posts/bitcoin/ where in the inflation section I explain how, with time, government tried to change the term inflation (to what is essentially a market basket) so they could... make it even worse and get away with it.

parent henvic 5 years ago

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