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Hyperinflation is near.be protected.
3 years ago
Hyperinflation, Currency killer about to hit the US dollar
Most of us know that "inflation" is when prices of goods rise and it takes more money to buy the same items.It's a side effect of an increased amount of a currency in circulation, which causes the currency to lose its purchasing power.
How does this happen? Whenever a currency is being produced without the necessary back up of a product it will result in to much money on the market that will cause an imbalance between the supply and demand. To much money and less good to purchase will lead prices of goods to go skyrocketing .The higher the level, the greater the inflation that finally could spin out of control and become "Hyperinflation".
Our history has known over 30 countries that experienced hyper-inflation and saw their currency become worthless. Just to mention some of the worse cases we could point to Germany -1923,Greece-1944, Hungary 1946,Tawain 1949.Yugoslavia 1994 and Zimbabwe 2008.
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