It's not possible anyways
I don't know
We see here a chart of the exchange rate over the past 10 years. Over the past 3 years their currency has jumped off a cliff, and they're having a LOT of problems for it. Most of the growth you're talking about happened prior to that.
Brazil's troubled economy: Stumbling up the hill | The Economist
AFTER a decade of encouraging growth, Brazil's economy has stalled. Without substantial changes to public spending and business relations, the country may lose its momentumI find it quite strange that you, a socialist, of all people, are really advocating for inflation. Take countries like Mexico and China who have had major inflation. The middle class doesn't exist there. There's rich and poor, with very few in between. Inflation helps the rich and destroys the middle class. Rich people know how to hedge against inflation. Hard assets appreciate. So instead of holding the inflating currency, they either move it to another currency or buy hard assets like real estate, which because of inflation massively go up in value. Inflation is the most sinister opponent to true economic equality.Brazil's economy: A shocking figure | The Economist
AFTER seven straight quarters of low or no growth, Brazil can no longer afford to be complacent about the need for big structural reforms, say our correspondents
Secondly I find it strange that you point to a country like Brazil who's source of growth over the past 10 years can be massively attributed to exports. You're against globalization remember? You're highly opposed to the golden goose they're using.
Lastly, would most Americans consider the Brazilian standard of living very pleasant? Sure, there are some rich people there, but the middle class is weak and most people are very poor. So I still challenge you to find me a really nice place to live that has a really weak currency.
And to cap it off, I'll give you a link to read up on about Brazil's hyperinflation battle through the 80's and 90's:
Last edited by RabidAlpaca; 10-08-13 at 04:25 AM.
"If I take death into my life, acknowledge it, and face it squarely, I will free myself from the anxiety of death and the pettiness of life - and only then will I be free to become myself." ~ Martin Heidegger
"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
Now please explain to me how is it possible that the US government is indebted to itself (if we presume the FED is part and controlled by the government)?