Choose a country/economy in which hyperinflation has, or is in the process of, destroying its economy. Examples would be Zimbabwe, Venezuela, Post-WWI Germany, Post-WWII Hungary, or any other you would care to look into. Alternatively, look at countries that have resolved or avoided hyperinflation through the adoption of the U.S. dollar as its official currency (e.g., Panama, Ecuador).

Write up and post a short summary of

(1) Why the country/economy experienced hyperinflation and

(2) What happened to its currency (e.g., it completely and repeatedly failed (e.g., Zimbabwe) or replaced its currency with the U.S. dollar) and

(3) Where does it stand today vis-a-vis inflation?

Answer rating: 100% (QA)

Hyperinflation in Zimbabwe Zimbabwe has experienced a chronic high inflation in the last decade exploding into hyperinflation in fiscal year 20062007 ... View the full answer