Venezuela has reached 1 million percent inflation in recent years. Venezuela's inflation is considered one of the most severe hyperinflation situations that we've known about since the beginning of the 20th century. What are the main causes of inflation? What other countries are experiencing high inflation rates? What is the situation in the U.S.? What are the "normal" experiences many individuals experience with inflation this year?

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Inflation is the increase in the prices of goods and services over time It devalues units of currency as what one could buy for a certain amount of mo... View the full answer