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A Government of National Unity Lite must build technocratic capability across all levels of government and the public sector.

After having clashed with the baking and financial sectors of Brazil, which had an immediate effect on the currency, interest rates and the stock market, president-elect Lula da Silva said on Friday he was prepared to be fiscally responsible with government spending.

Brazil's right-wing President Jair Bolsonaro on Thursday announced a debt pardon for some consumers and a tax on dividends to pay for welfare spending, shifting the focus of a his re-election campaign to the economy as polls tightened.

By Ricardo Brito and Bernardo Caram

Inflation can be one of the scariest forces in the economy. As prices rise and your dollar doesn't go as far, you feel poorer, and it's all out of your control. To better understand inflation, we turn to the story of Brazil, where, in the 90s, hyperinflation threatened to derail the whole economy until the country turned to a group of unlikely heroes: four drinking buddies. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney. |At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok! | Listen to past seasons of Summer Sc...