One hundred years ago, the Germans suffered horrible hyperinflation. From a value of 4.2 to the dollar in 1914, the German mark depreciated to 4.2 trillion to the dollar by November 1923. In essence, ...
Hyperinflation is a monetary condition of exceptionally high rates of inflation, often defined as monthly inflation rates of 50% or greater. The root cause of most hyperinflations is when governments ...
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