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This reminds me of the "fake money" story NPR did a while back about why the Brazilian currency is called the "real" (pronounced "reh-al" but literally "the rea
by alexpotato 5y ago
This reminds me of the "fake money" story NPR did a while back about why the Brazilian currency is called the "real" (pronounced "reh-al" but literally "the real").
It's a fascinating story on how to approach inflation using a combination of classical and behavioral economics
https://www.npr.org/sections/money/2010/10/04/130329523/how-fake-money-saved-brazil https://www.npr.org/sections/money/2010/10/04/130329523/how-...