Acessibilidade / Reportar erro

Debt and inflation

ABSTRACT

This short note deals with the current situation where most of the public debt in Brazil is indexed to inflation, which leads to the impossibility by the government of reducing its debt through monetization.

KEYWORDS:
Public debt; inflation

Centro de Economia Política Rua Araripina, 106, CEP 05603-030 São Paulo - SP, Tel. (55 11) 3816-6053 - São Paulo - SP - Brazil
E-mail: cecilia.heise@bjpe.org.br