What is Hyperinflation

In economics, hyperinflation is defined as inflation that is extremely high and often increases over time. Because of this, the actual value of the local currency is rapidly depreciated, as the prices of all items see an increase. People typically switch to more stable foreign currencies as a result of this, which causes them to reduce the amount of cash they possess of that particular currency. When prices are measured in stable foreign currencies, they often remain within the same range. There are enormous social and economic consequences associated with these measures, despite the fact that effective capital restrictions and currency replacement (also known as “dollarization”) are the conventional techniques for putting a stop to hyperinflation in the near term. However, the problem is frequently made worse by the execution of these measures that are ineffective. With the objective of bringing inflation down gradually while reducing the societal costs of subsequent economic shocks, many governments have made the decision to try to tackle structural concerns without resorting to such measures.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Hyperinflation

Chapter 2: Inflation

Chapter 3: Seigniorage

Chapter 4: Hungarian forint

Chapter 5: Iraqi dinar

Chapter 6: Venezuelan bol�var

Chapter 7: Austro-Hungarian krone

Chapter 8: Steve Hanke

Chapter 9: Chronic inflation

Chapter 10: Invisible hand

Chapter 11: Yugoslav dinar

Chapter 12: Adam Smith

Chapter 13: Redenomination

Chapter 14: Hyperinflation in the Weimar Republic

Chapter 15: Hyperinflation in Zimbabwe

Chapter 16: Banknotes of Zimbabwe

Chapter 17: Zimbabwean dollar

Chapter 18: Fiat money

Chapter 19: Zimbabwean dollar (2019�present)

Chapter 20: Hyperinflation in Venezuela

Chapter 21: Viernes Rojo

(II) Answering the public top questions about hyperinflation.

(III) Real world examples for the usage of hyperinflation in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of hyperinflation.

Microeconomics