This article deals with two aspects of inflation: distributive conflict and the role of extra money. In this context, the paper discusses some characteristic features of inflation processes in Brazil, difficulties of the reproduction of the money during inflation and aspects solved by the Real...

This article outlines a political economy analysis of Brazilian high inflation and stabilization. The paper explains the distributive and monetary aspects of inflation and the gradual fragmentation of the Brazilian currency. It also reviews the most important aspects of the Real stabilization...