‘Hyperinflation’ is set to be 2023’s word of the year. After the world came to a halt due to the coronavirus pandemic and Russia invaded Ukraine just as the economy was poised to get back on track, we’ve seen alarming levels of inflation. Particularly in economies thought to be safe from it.

In this post, we’re going to discuss hyperinflation from a practical and historical context: what it is, what the different types are, and how economies work to get out of it.

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