3 years ago

What is hyperinflation?

History

2 answers:

Hoochie [10]3 years ago

8 0

monetary inflation occurring at a very high rate

lesya [120]3 years ago

4 0

Explanation:In economics, hyperinflation is very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies, often the US Dollar.

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