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...inflation

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11y ago
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1w ago

hyperinflation, where the value of money decreases rapidly, making it a poor store of value. Hyperinflation erodes purchasing power, leading people to lose confidence in the currency and turning to alternative stores of value, such as foreign currencies or commodities. Governments may also need to issue new, more stable currencies to restore trust in the financial system.

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Q: Money serves as a good store of value except when an economy experiences a period of?
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