Question

What happens when hyperinflation occurs?.

Answer 1

When prices rise excessively, money decreases in value because inflation causes it to have less purchasing power. Less purchasing power means consumers spend more to buy less. As a result, they have less money to pay bills and fewer dollars to use on essential items.

Step-by-step explanation:

Answer 2

The price of everything increases quickly and everyone's savings decreases in value because more money is added to the system

Step-by-step explanation:

for example Venezuela

also what's happening in the US currently