Hyperinflation Examples In History

Inflation, in simple terms, is the rise of the prices of goods and services over time. When a currency’s purchasing power begins to decline, it is called inflation. Each person recognizes a trend that prices of things increase, for instance, a cup of coffee that used to cost just $0.45c in the 1980s, now costs almost $2. The percentage by which this increase in price is measured is called the inflation rate.

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