INFLATION YEARS
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1988 - INFLATION YEARS

Inflation in Brazil had been significant for a number of years, but towards the end of the 80s things were seriously out of control and there are mentions throughout the newsletters of the difficulty of setting prices in advance for events or subscriptions. E.g. “Sorry to keep harping on about money, but I would like to remind those 153 members whose SUBSCRIPTIONS are still outstanding to please pay up. Pick up your cheque book now before you forget again and write out a cheque, crossed and payable to the BCS for the amount of 2 OTNs, rounded up to the nearest Cruzado – at present Cz$1.904,00.” (The OTN index changed on a monthly basis).