SUMMER SCHOOL 4: Inflation & Drinking Buddies
Planet Money
Battling Brazil's Hyperinflation
This chapter explores the hyperinflation crisis in Brazil during the late 1980s and early 1990s, detailing the daily chaos in supermarkets and the extreme measures taken by both consumers and businesses. It introduces four former drinking buddies who devise a plan to tackle the rampant inflation, while also examining historical attempts by presidents to curb the economic turmoil. The narrative underscores the far-reaching effects of inflation on everyday life, savings, and investment, as well as the complexities of government interventions.
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