About this episode
Paul Buitink talks to Gustavo Franco, former Governor of the Brazilian Central Bank, famous for beating the hyperinflation that occurred in the eighties and nineties in Brazil, the longest hyperinflation ever.He discussed the root causes of hyperinflation and how to beat it. He also describes the life under hyperinflation and offers some valuable lessons for the West.More info about Gustavo Franco:https://x.com/gustavohbfrancohttp://www.gustavofranco.com.br/https://www2.riobravo.com.br/Follow Paul Buitink on X at @paulbuitinkTimestamps:0:00 Intro1:58 What is hyperinflation?6:22 Difference between high and hyperinflation9:34 Hyperinflation in Brazil11:03 How is life under hyperinflation?16:57 Can bank accounts with interest protect you against inflation?22:53 How to protect against hyperinflation with dollars and gold26:00 Differences between Brazil and Argentina27:18 Freezing of assets and then haircut32:59 How to beat hyperinflation41:30 Thoughts on the euro’s sustainability46:35 Dollarization and Argentina54:43 Central banks and gold1:02:52 Is the euro a good or bad experiment?1:07:42 The demise of the US dollar1:10:46 Outro#hyperinflation #investing #brazil #goldmarket
