Quarantine Cult #79: “The Confiscation”: when the Collor government took money from the Brazilian people

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Once upon a time there was a very young president who took power in a South American country. He had two main missions: to wipe out the Maharajas (the privileged caste of the civil service) and to slay the inflation dragon. For this second mission, he called to his ministerial council an academic of 29 years called Zélia. In order to end the inflation that was plaguing the country, Zélia the Younger had a brilliant idea: to reduce the circulation of money in the country. So one day she went on TV and announced: everyone who had more than 59 thousand cruzeiros (about US$1563) in the bank would keep the surplus. Or rather confiscated. It’s this fairy tale with a less than happy ending that the documentary “The Confiscation”, available on HBO Max, deals with. And it is this documentary that we will talk about at Quarantine Cult 100, with the special participation of Leandro Narloch.

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