what is hyperinflation
Answers
Answered by
4
hey mate here is your answer
monetary inflation occurring at a very high rate.
mark me as brainlaist
Tanamy:
this question is from history class 9
Answered by
11
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.[1] Prices typically remain stable in terms of other relatively stable currencies.
please mark it as braineist answers and follow me
Similar questions