“Inflation is when money is worthless. A recession is when money has value, but it’s not in your pocket.” This one-liner came from the “Analyst from Bagé,” a legendary character in Brazilian literature. The forthright Freudian therapist delivered blunt reactions when patients broached their issues. Unfortunately, the economic reality of Brazil 2022 combines both problems — there is no money in Brazilians’ pockets and its very value is dropping due to double-digit inflation.
Available data shows that voters have heightened awareness of the Brazilian economy, employment, poverty, and inflation as priority issues in advance of October’s elections. Therefore,...
