Episode 46 • • 1:18:25 - 1:20:34
46: Israel to Bomb Iran Nothing to See Here Folks Just Shooting Moose...
Brazil Currency Reset and the Real
Brazil successfully managed hyperinflation by replacing the "Cruzeiro" with the "Real" in the 1990s. The new currency was initially pegged one-to-one with the U.S. dollar, providing stability after years of daily price increases. This history led to Brazil developing one of the most sophisticated and modern banking systems in the world.