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Hyperinflation

The accelerated inflation totally erodes the value of a country’s currency as the prices of goods and services goes up . We have a history of countries which have been faced with such extreme currency erosion e.g. Germany. For a country to find itself on a hyperinflation levels then the problem is on leadership which has not no long time vision for a country. Most of this cases are witnessed in countries which are under dictatorship type of leadership whereby the president cannot be questioned by anyone. can the adoption on new currency help to resolve the problem?

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