The real has lost more than 80% of its value since 1994. Promised as a stable currency, it has become an instrument of impoverishment, inflation and political manipulation....
State currency is not neutral—it is an instrument of power. This article reveals how the monopoly on monetary issuance allows the state to redistribute wealth, indebted the population, and control the economy...
Despite its formal autonomy, the Brazilian Central Bank remains vulnerable to political pressure and fiscal imbalances. This analysis shows how monetary independence is only real when accompanied by...
Lula and Trump share more than just populism: they both resort to the old Latin American tactic of blaming the Central Bank for their own economic mistakes. In this analysis, we compare their discourses to the...
This first post in the "Printing Money" series explains what modern monetary creation really means. It demystifies the image of the state-owned printing press and reveals the mechanisms for expanding the monetary base...
Caio Megale, chief economist at XP, stated that the tariffs imposed by the US on Brazilian steel and aluminum could bring forward the end of the Central Bank's monetary tightening cycle. The measure is likely...
Banco Master is at the center of one of the biggest financial market movements in 2025. With the acquisition announced by BRB, investigations by the Public Prosecutor's Office, partners investigated by the CVM and the...
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