what does hyperinfalation mean
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Hyperinflation is largely a twentieth-century phenomenon. The most widely studied hyperinflation occurred in Germany after World
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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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