An extremely rapid and out of control inflation rate. This can cause the value of a currency to plummet, making it almost worthless. An example of such a crisis is the hyperinflation that occurred in Zimbabwe in 2008.
An extremely rapid and out of control inflation rate. This can cause the value of a currency to plummet, making it almost worthless. An example of such a crisis is the hyperinflation that occurred in Zimbabwe in 2008.