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CAUSES OF HYPERINFLATION.
- Class notes • 3 pages • 2023
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Hyperinflation, an economic nightmare, is primarily caused by governments excessively printing money, leading to a surplus of currency in circulation. This often occurs due to factors like budget deficits, political instability, loss of confidence in the currency, and economic shocks, triggering a rapid and uncontrollable rise in prices for goods and services. Hyperinflation erodes savings, disrupts daily life, and requires swift and effective economic measures to resolve.
Class notes
CAUSES OF HYPERINFLATION.
Last document update:
ago
Hyperinflation, an economic nightmare, is primarily caused by governments excessively printing money, leading to a surplus of currency in circulation. This often occurs due to factors like budget deficits, political instability, loss of confidence in the currency, and economic shocks, triggering a rapid and uncontrollable rise in prices for goods and services. Hyperinflation erodes savings, disrupts daily life, and requires swift and effective economic measures to resolve.
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Fear of missing out? Then don’t!
Do you wonder why so many students wear nice clothes, have money to spare and enjoy tons of free time? Well, they sell on Stuvia! Imagine your study notes being downloaded a dozen times for $15 each. Every. Single. Day. Discover all about earning on Stuvia
Do you wonder why so many students wear nice clothes, have money to spare and enjoy tons of free time? Well, they sell on Stuvia! Imagine your study notes being downloaded a dozen times for $15 each. Every. Single. Day. Discover all about earning on Stuvia