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Hyperinflation - Wikipedia

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  • Nguyen, Minh-Hoang

Abstract

In economics, hyperinflation is very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies, in recent history often the US dollar.[1] Prices typically remain stable in terms of other relatively stable currencies. ***** For archiving purpose only *****

Suggested Citation

  • Nguyen, Minh-Hoang, 2021. "Hyperinflation - Wikipedia," OSF Preprints k78yv, Center for Open Science.
  • Handle: RePEc:osf:osfxxx:k78yv
    DOI: 10.31219/osf.io/k78yv
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    References listed on IDEAS

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    1. Melesse Tashu, 2015. "Drivers of Peru's Equilibrium Real Exchange Rate: Is the Nuevo Sol a Commodity Currency?," IMF Working Papers 2015/026, International Monetary Fund.
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