How do people survive in nations experiencing hyperinflation?

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In instances such as Zimbabwe or Argentina, where hyperinflation spirals out of control, how do people feed themselves and pay for the bare necessities? Does the government step in and provide the support needed to prevent mass starvation?

In: Economics

17 Answers

Anonymous 0 Comments

Black markets and bartering, mostly.

There’s obviously some tap-dancing around making currencies work, but by and large once you get to the point of hyperinflation actual money takes a back seat.

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