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In recent years, several countries have faced significant inflation, including Venezuela, which has experienced hyperinflation for years, and Argentina, which has battled high inflation rates due to economic instability. Additionally, Turkey has seen a sharp increase in inflation driven by currency devaluation and rising costs. More recently, many countries, including the United States and various European nations, have also reported elevated inflation levels, largely influenced by supply chain disruptions and post-pandemic economic recovery.

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