what is hyperinflation ?

one hundred dollar bill on a flat surface

hyperinflation is a phenomenon where the prices of things go up so fast that people cannot afford them

countries that have had hyperinflation are

turkey

zimbabwe

the reason is a combination of unstable economy with a low rate of interest or an unstable currency or too much money floating in the economy

could usa be next ? we don’t know – the signs are certainly there – the price of eggs , for example , went up 300 % from 2021 to 2022

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