Brazilian inflation is quite interesting. It is usually seen as failure, but it can be argued that the country was actually very efficient in handling it (and f

Brazilian inflation is quite interesting. It is usually seen as failure, but it can be argued that the country was actually very efficient in handling it (and for so long). It was really an administered inflation. The country had all sorts of indexes and triggers that guaranteed the force necessary to keep it going. At the same time, the infrastructure was built for the constant devaluation and frequent currency changes. Already in the 1980s you could easily transfer money to any place and to any bank. There was no need for something like Western Union. People used dollars as a reserve, but not as much as in other South American countries. You certainly didn't see prices advertised in dollars.