Hyperinflation
Eco 100 week 9 discussion
Week 9 | Discussion
Zimbabwe Hyperinflation in current modern era
WOW!!!!! look at this video!!
https://www.youtube.com/watch?v=MPKGZreusoQ
https://www.youtube.com/watch?v=uGELzZRzRaw andhttps://www.youtube.com/watch?v=78-BlZXm7wA
Why governments inflate–https://www.youtube.com/watch?v=E6A_WpUY2LI
Controversies on Federal Reserve System- Monetary Policyhttps://www.youtube.com/watch?v=Ed0lfNi0ciw
Class, let me addVenezuelawas experiencing hyperinflation..the government is printing money like crazy. Then they compound it with price controls which of course makes the product scarce. Look at the awful effects. Check out this video!https://www.youtube.com/watch?v=tfkSm1-hVIM
Answer previewHyperinflation is something that dreaded by all countries. However, some of the countries have had to go through it such as Zimbabwe, Venezuela, and Germany. When a nation is going through inflation, it means that prices of commodity go up while the purchasing value of the money falls. Hyperinflation, therefore, refers to rise happening at a very high rate. One of the countries that had a worst case of hyperinflation was Zimbabwe…
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