Re:How Fake Money Saved Brazil (2010)
by nishnik on Saturday September 03, 2016 @11:00AM
(#12419422)
How did it work?
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Re:How Fake Money Saved Brazil (2010)
by woliveirajr on Saturday September 03, 2016 @11:07AM
(#12419454)
People were used to inflation, and prices would go up as a regular practice.
Indexing prices using URV, all prices would increase in a regular pace, all prices together, and inflationary pressure would lose the irregularity (no more uneven increases, that anyone would compensate in the next step).
After a while, just rename this fake money to "real", and you have Brazil with its long-surviving money.