INTRODUCTION
Inflation has been described by economics in various ways. A simple description of this condition is a reduction in the value of money of a country. An underlying cause of this is imbalance between the quantity of goods and services and the volume of money in circulation in an economy. Increased volume of money in circulation with respect to the goods in the economy causes inflation. Hyperinflation is considered an extreme case of inflation. Many economists only regard it hyperinflation when the rate of inflation is at least 50% per month or 1000% per annum. Most hyperinflations are caused by ...
