Hyperinflation is out-of-control increases in the prices of goods and services. We're talking about inflation rates that are higher than 50% per month. During hyperinflation, everything from food, utilities, and rent can double in price in mere days. People can lose their life savings as a nation’s currency becomes worthless. In this video, we’ll show you five examples of the worst hyperinflation the world has ever experienced. These examples include hyperinflation in Weimar Republic, Germany (1922-1923), Hungary (1945-1946), Yugoslavia (1992–1994), Zimbabwe (2007-2008), and Venezuela (2016-2021).
Timestamps:
00:00 5 Examples of the World's Worst Hyperinflation
01:35 Hyperinflation in the Weimar Republic, Germany (1922-1923)
03:12 Hyperinflation in Hungary (1945-1946)
04:46 Hyperinflation in Yugoslavia (1992–1994)
06:04 Hyperinflation in Zimbabwe (2007-2008)
07:11 Hyperinflation in Venezuela (2016-2021)
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