Wednesday, October 6, 2010

How Fake Money Saved Brazil

How fake money saved Brazil - An interesting piece on NPR describing how Brazil changed its currency to solve its inflation problem.

I bet most people have no idea of the story of the real. A great story about four drinking friends who changed Brazil's economy and got it on the high-octane path it now finds itself on.

It essentially shows how money (fiat currency) is a psychological concept - perception can become reality.

Have a listen.

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