links for 2010-10-05

(Complete story/podcast is on Planet Money's podcast – see right panel) This is a story about how an economist and his buddies tricked the people of Brazil into saving the country from rampant inflation. They had a crazy, unlikely plan, and it worked… You have to slow down the creation of money, they explained. But, just as important, you have to stabilize people's faith in money itself. People have to be tricked into thinking money will hold its value.