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Adarsh Singh

SSC & Railways
General Awareness
2 years ago

What do you understand by 'Hyperinflation'?

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Vivek Singh

2 years ago

As the printed money was in circulation, the value of the German mark fell which led to the rise of goods prices. The staple diet bread was purchased with a cartload of money. This crisis was termed ‘hyperinflation’. ‘Hyperinflation’ means a situation under some conditions that lead to the rise in prices of goods phenomenally high.

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