jimbocoin on Nostr: In Brazil, from 2007 to 2024, picanha went from 22.2 BRL to 77.4 BRL. Implied average ...
In Brazil, from 2007 to 2024, picanha went from 22.2 BRL to 77.4 BRL. Implied average compound annual growth rate (CAGR): ~7.6%.
Over the same period, the M2 money supply of BRL went from 0.78 T to 6.43 T. Implied CAGR: ~13.2%.
Picanha getting cheaper in real terms?
The Lula candidate promised cheap picanha (Brazil's favorite beef cut) for all families.
Now that Lula is president, picanha is more expensive than ever.
When will people stop believing in the promises of the political caste?
Published at
2024-12-26 12:33:35Event JSON
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