Ancient Mediterranean
Hyperinflation is an economic condition characterized by an extremely high and typically accelerating rate of inflation, often exceeding 50% per month. This rapid increase in prices erodes the real value of the currency, leading to a loss of confidence among consumers and businesses, which can cause economic instability and social unrest. Hyperinflation often arises in times of political instability or excessive money printing, severely impacting the economy and the daily lives of citizens.
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