Question

what do you mean by hyperinflation?​

Answer 1

Hey Mate ! ☺️

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.

Hope it helps...✌️✌️

Answer 2

HELLO MATE

☜☆☞☜☆☞☜☆☞☜☆☞☜☆☞

Hyperflination is very and high 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.

HOPE IT HELPS YOU

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