When there is more money but is has little value it is called what?

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2026-05-05 19:51

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When there is more money but it has little value, it is referred to as "hyperinflation." This economic condition occurs when prices rise rapidly as a currency loses its purchasing power, often due to excessive money supply. Hyperinflation can lead to a loss of confidence in the currency, causing people to seek alternative forms of money or barter systems.

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