The city of Rio de Janeiro has had a recent inflation in the prices being charged by restaurants bars, shops and properties due to the 2016 World Olympics. With the next Summer Olympic held in Rio, the government waist no time promoting and taking advantage of this up an coming event. Residents of Rio are infuriated by the increase and decided to turn to social media to address this issue. Reporters Gavin McOwen and Stephan Moss states that a group of Rio residents created a Facebook page titled, Rio $urreal -Don't Pay and their are currently 150,000 followers. What was very intriguing was that the country of Brazil does not have its own currency. Even at a state of democracy and being the first Latin American country to have developed a prosperous government system but use another country's currency? Obviously, the country has a ways to go in order to become independent. I really liked the idea of saving money by being a "iceboxer", bringing your own food and drinks to the beach with definitely save someone a lot of money. I also like the fact that social media is a very helpful tool to address concerns and issues. I hope the government listens to its people and cut down prices.
http://www.theguardian.com/world/shortcuts/2014/feb/02/rio-residents-fighting-inflation-fake-currency
The article is confusing about currency--the country does in fact have a large and lively economy and its own currency. The suggestion being made was that the city of Rio should have its own.
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