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3 May, 09:06

Inflation that is out of control is referred to as

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  1. 3 May, 12:50
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    Hyperinflation refers to inflation that is out of control. When this happens, a country experiences accelerating rates of inflation that causes its local currency to drop and its population to lose their control of their local money. Hyperinflation at a long steady rate will create chaos in the economy of a particular country.
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