Currency War of 2009–11 dollar, with Goldman Sachs saying the real is the most over valued currency in the world. In October 2010, Brazil began increasing her capital controls, doubling a tax on foreign purchases of fixed-income assets to 4 percent so as to curb the real's appreciation to a two-year. On 18 October, Brazil sought to curb the real's gains by raising taxed capital inflow on fixed-income assets by 2% to 6% and taxed inflows for margin deposits on futures to 6% from 0.38%. Chile said it would implement capital controls to curb gains in the Chilean peso, which had strengthened the most
Basic income which have been labeled as "basic income pilots". The best known are: Bolsa Família is a big social welfare program in Brazil that provides money to many poor families in the country. The system is related to basic income, but also has some differences in that there are some conditions like asking the recipients to keep their children in school till graduation. Brazilian Senator Eduardo Suplicy championed a law, ultimately passed in 2004, that declared Bolsa Família to be a first step towards a national basic income. However, the program has not yet been expanded in that direction. Rythu Bandhu