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What Is Hyperinflation?
Hyperinflation describes an unsustainable period of economic dysfunction characterized by price increases of at least 50% per month. These times of rapid, intense and destructive currency devaluation ...
In 2022, the U.S. experienced inflation at a rate of 8%, year-over-year. In 2023, thanks to efforts by the U.S. Federal Reserve, inflation has begun tapering off. 2023 is expected to end with a 5.8% ...
Hyperinflation is a phenomenon in which the prices of goods and services in an economy rise uncontrollably in a short period. Inflation is typically considered hyperinflation if prices rise by 50% or ...
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