In other words, in five years the good had a monetary valuation of 25%. The difference enters the real value of the good in five years with its monetary value was of R$ 0,62. Practically the value of another good with the same characteristic, if not it purchase of as the well identical one to the first one. We will call the name the penxs good to facilitate our analysis. Let us come back then to the example: in 2006 this penxs it costs R$ 1,00 and in 2011 the equivalent R$ 1,25, had to the increase of the base monetary. Soon, if the penxs in 2011 did not exist the monetary increase would be valid R$ 0,63. The difference between the monetary and real value is practically the cost of a new penxs, with a small difference of R$ 0,01.
That is, the monetary base eliminated the productivity delinquent of the economy in the creation of a new penxs. This is one of the reasons because the consumer is poor with the inflation. The solution for the problem is not simple as to inhibit the impression of more currency as many believe or to raise the control forms, as rise of tributes on the capital leading the way to the doors of the investments defended for the state. What the government cannot make is to lie consuming it and to present an increase of the monetary base in 4,5% to the year when we know that the penxs (used in our example above) had an average monetary rise of 19,6% to the year. In other words, it had a valuation of 15,10 percentile points above of the goal stipulated for inflation. Inflation has two faces for the government. The first one is me, therefore it knows the effect that generates in the popularity of any governor before the people. Second it is glad, because the government raises the governmental prescription with the inflationary tax, improving the primary surplus and the tax policy if it becomes efficient in short term. But which the face of the consumer when knowing that it is poor with the politics of goals for inflation?