#brazil #inflation #centralbank #hyperinflation #fiatcurrency #currencycollapse #brazilianreal #money
In this report, I will be covering the launch of a new and higher denomination banknote in Brazil. Brazil has experienced several fiat currencies in the last century so it is normal that the reaction of the public has been one of worry but also of ridicule.
Even though the current currency, the real, has performed relatively well since its inception in 1994 it has, nevertheless, been inflated to the tune of over 500% since then.
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