NPR/ Transcript of Planet Money Report/ Audio is 7:50/ A fascinating report/
Ever wonder what happened to Brasil's cruzeiros? I do. I still have more than 3,000 of them from living in Rio and elsewhere in Brasil in 1985.
Now, Planet Money's Chana Joffe-Walt reports on how four grad students saved Brasil's inflation obsessed populace in 1990 and helped kill the cruzeiro and introduce the REAL.
This is the first time I have ever seen this story told in the English language media.
Popular Posts
- UKRAINE: Parliament Brawls Over Ex-PM Tymoshenko's Criminal Charges.
- AUSTIN,TEXAS: Dell's Decline Revealed in A Lawsuit Over Defective Computers.
- Profile of a Cuban Spy
- ITALY : Ruby Heartstealer Testifies About Bunga Bunga Parties at Milano Trial.
- TEXAS / USA / IMAGES : 6 Dead, 200 Homes Damaged After 16 Tornadoes Ravage Granbury, Cleburne.
- POLAND: PM Tusk Rejects Russian Crash Report Draft.
- MEXICO: Assassination Of Leading Political Candidate Shocks Nation.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- Mexican Court Frees 22 Convicted Of Chiapas Killings.