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SUMMER SCHOOL 4: Inflation & Drinking Buddies
Planet Money
What Is Hyper Inflation?
A high level of inflation, especially unexpected inflation, create a lot of social unrest. Hyper inflation is when prices are rising at a rate of a thousand % or more per year. And we've never experienced anything like that in this country, thank goodness. But countries all over the world have suffered this. When it happens, it is just a terribly destructive force.
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