What's The Cause Of Hyperinflation?

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TRODUCTION inflation is a sustained and considerable increase in price of goods and services in a country which result in decrease of purchasing power of money. For inflation to occur they must be an increase in all or most goods and services of price in general.
Inflation is an economic measure, that tell us how well our economic. Objectives of price stability is achieved countries aim to have price levels as stable as possible in order make it possible for people to for the future. Increasing price reduce the buying power of people it will make …show more content…

Which will result that the supply cannot expand any more to meet demand which prices increase due to the resulting shortage. (rode, 2013)
 COST-PUSH INFLATION occurs the general prices increases due to the increase in the production costs. Economic policies can influence demand policy also wages and taxes while the policies have less contribution over cost push inflation.
 HYPERINFLATION when the inflation rate is so high that it can be described as being out of control and the increase in the overall price levels is rapid and substantial. Hyperinflation is usually accompanied by an increase in money supply that will result in the currency of the country becoming worthless. Which will result to decrease in purchasing power and people losing confidence in the economy which lead to people to think barter system is the best.
OTHER TYPES OF INFLATION
 STAGFLATION which is situation where high levels of unemployment and inflation occur at same time. An example is when price increase as a result of increase in price of crude oil imported from

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