What is hyperinflation ?
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Hyperinflation
~monetary inflation occurring at a very high rate.
~ Hyperinflation is an extremely rapid period of inflation, usually caused by a rapid increase in the money supply. Usually due to unrestrained printing of fiat currency.
~monetary inflation occurring at a very high rate.
~ Hyperinflation is an extremely rapid period of inflation, usually caused by a rapid increase in the money supply. Usually due to unrestrained printing of fiat currency.
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It is a situation when there is very high price rise. It occurred in Germany after the First World War due to too much printing of currency.
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