Review:
Hyperinflation
overall review score: 1.5
⭐⭐
score is between 0 and 5
Hyperinflation is a rapid and excessive increase in the price of goods and services within an economy, leading to a loss of purchasing power for currency.
Key Features
- Fast and substantial increase in prices
- Currency devaluation
- Uncertainty and economic instability
Pros
- No pros listed
Cons
- Erosion of savings and wealth
- Decreased consumer purchasing power
- Stifled economic growth