Brazilian history of hyper-inflation, and the resulting propensity to consume

People who have witnessed hyper-inflation may fear that if crisis hits again, they may loose all of the value of their savings… ... the current account deficit, and in turn scares away foreign investors…driving down the exchange rate ... , not in my generation in the USA). While I dont think inflation is a risk in Brazil at the moment (although [more...]

Date: 2009-01-10 13:58:29

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