Grow Your Money: The Rhodes Society

How to Avoid This Terribly Biting Impact on Earnings

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Synopsis

Who cares about inflation?  You probably don’t even notice it. If you’re an American.  A percentage or two a year is slow acting; like rust on stainless steel.  Merchandisers had to re-sticker the stuff on supermarket shelves two or three times a day in Brazil.  Inflation was over one thousand percent in the eighties. That’s right.  Clack-clack-clack went their price guns.  All day and all-night long no matter. They were slapping new price stickers over others a few hours old whenever I shopped. Making cash was just the start of the problem for store owners.  Retailers had to get daily revenue out of the worthless Brazilian money into something stable.  Hi I am Dr. Scott Brown and I am the co-founder of the Rhodes Society.  That was when I lived in Salvador de Bahia and Aracaju.  The black market for stable currency was fierce.  Exchanging my dollars for Brazilian money was a harrowing experience. I remember being picked up by armed escorts on motor bikes for transport to illegal bankers who would buy my doll