Video: The Druid Deep Dive episode 8: Brazilian hyperinflation: The ultimate portfolio stress test (1980-1994)
Brazil's hyperinflation (1980-1994) stemmed from decentralized money creation - state banks could print currency. Terra LUNA's collapse shows how DeFi protocols can trigger similar spirals when multiple mechanism can trigger token creation simultaneously.
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The Druid Deep Dive episode 8: Brazilian hyperinflation: The ultimate portfolio stress test (1980-1994)
Brazil’s hyperinflation (1980-1994) stemmed from decentralized money creation - state banks could print currency. Terra LUNA’s collapse shows how DeFi protocols can trigger similar spirals when multiple mechanism can trigger token creation simultaneously.
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