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2026-03-08 21:28:53 UTC

RandalM on Nostr: Brazil At A Historical Crossroads | ZeroHedge According to the CPI/IPCA, from the ...

Brazil At A Historical Crossroads | ZeroHedge
https://www.zerohedge.com/geopolitical/brazil-historical-crossroads

According to the CPI/IPCA, from the Real Plan launch in 1994 to 2026, the Real accumulated roughly 982.5 percent inflation, equivalent to prices nearly 10.8 times higher today. In other words, R$100.00 in 1994 now equals R$11.75. Furthermore, according to the Index of Return to Society’s Well-Being (IRBES), Brazil has for 14 consecutive years ranked as the country that charges the most taxes while giving the least return to the population.

#Brazil #corruption #economy