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URV is what stagnated inflation in the first place. There seems to be a need by the new Brazilian right to downplay what happened for some reason, don’t get cau

by jiofih 5y ago

URV is what stagnated inflation in the first place. There seems to be a need by the new Brazilian right to downplay what happened for some reason, don’t get caught into it.

ulzeraj 5y ago
For someone to accused me of "having a stance" you seem to be very opinionated on political currents. When you mean "the right" are you referring to economists like https://einvestidor.estadao.com.br/mercado/gustavo-franco-roda-viva/ https://einvestidor.estadao.com.br/mercado/gustavo-franco-ro... who actually played a big role in Plano Real?
- jiofih 5y ago
  Can you describe that “big role”? He is only a footnote in the story and later wrote a book about it. Revisionism at its finest.
  - ulzeraj 5y ago
    https://pt.wikipedia.org/wiki/Gustavo_Franco https://pt.wikipedia.org/wiki/Gustavo_Franco I have no idea where you are getting your data but it seems to come from a very politically biased source. And before you criticize "the right" I should note that both the stupid sides of the right _and_ the left opposed Plano Real: https://veja.abril.com.br/economia/bolsonaro-e-pt-votaram-contra-o-plano-real-ouca-audios-da-epoca/ https://veja.abril.com.br/economia/bolsonaro-e-pt-votaram-co...
    - jiofih 5y ago
      What am I supposed to look for in that Wikipedia page? Did you read it? I did. The section on the Real is a generic article almost longer than the Real article itself, yet makes zero mentions of any of Franco’s contributions to it. Is that your source for his “big role”? I’m not concerned with politics at the time, but now - he, or his party, whatever, are clearly capitalizing on his minor role to try and make him a stronger political force. At this point there are already three or four books and a movie by/about himself, while downplaying the economists who actually devised and implemented the plan (Árida and Resende). And trying to spin it as a success story for neo-liberalism and privatization instead of the economic policy play it was. The fact you’re out here defending his particular role might give you a hint of whats going on.

by jiofih 5y ago

URV is what stagnated inflation in the first place. There seems to be a need by the new Brazilian right to downplay what happened for some reason, don’t get caught into it.

ulzeraj 5y ago

For someone to accused me of "having a stance" you seem to be very opinionated on political currents. When you mean "the right" are you referring to economists like https://einvestidor.estadao.com.br/mercado/gustavo-franco-roda-viva/ https://einvestidor.estadao.com.br/mercado/gustavo-franco-ro... who actually played a big role in Plano Real?

jiofih 5y ago
Can you describe that “big role”? He is only a footnote in the story and later wrote a book about it. Revisionism at its finest.
- ulzeraj 5y ago
  https://pt.wikipedia.org/wiki/Gustavo_Franco https://pt.wikipedia.org/wiki/Gustavo_Franco I have no idea where you are getting your data but it seems to come from a very politically biased source. And before you criticize "the right" I should note that both the stupid sides of the right _and_ the left opposed Plano Real: https://veja.abril.com.br/economia/bolsonaro-e-pt-votaram-contra-o-plano-real-ouca-audios-da-epoca/ https://veja.abril.com.br/economia/bolsonaro-e-pt-votaram-co...
  - jiofih 5y ago
    What am I supposed to look for in that Wikipedia page? Did you read it? I did. The section on the Real is a generic article almost longer than the Real article itself, yet makes zero mentions of any of Franco’s contributions to it. Is that your source for his “big role”? I’m not concerned with politics at the time, but now - he, or his party, whatever, are clearly capitalizing on his minor role to try and make him a stronger political force. At this point there are already three or four books and a movie by/about himself, while downplaying the economists who actually devised and implemented the plan (Árida and Resende). And trying to spin it as a success story for neo-liberalism and privatization instead of the economic policy play it was. The fact you’re out here defending his particular role might give you a hint of whats going on.