Hyperinflation - Wikipedia

Minh-Hoang Nguyen

No k78yv, OSF Preprints from Center for Open Science

Abstract: In economics, hyperinflation is very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies, in recent history often the US dollar.[1] Prices typically remain stable in terms of other relatively stable currencies. ***** For archiving purpose only *****

Date: 2021-09-07
New Economics Papers: this item is included in nep-isf
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:k78yv

DOI: 10.31219/osf.io/k78yv

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