Hyperinflation: What It Is and How It Affects You – NerdWallet

[ad_1]

Hyperinflation definition Hyperinflation occurs when prices rise by at least 50% in one month or 1,000% per year. These massive price changes happen quickly, making common items unaffordable. Hyperinflation is a rare economic phenomenon, and the U.S. has never experienced it. Hyperinflation causes Hyperinflation can be triggered by events such as an excessive supply of…

The article Hyperinflation: What It Is and How It Affects You originally appeared on NerdWallet.

[ad_2]

Alana Benson

Source link