Examples of using Hyperinflation in English and their translations into Vietnamese
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Let's learn about hyperinflation.
In 2018, hyperinflation in Venezuela exceeded one million percent.
Mugabe once declared, but in 2008, Zimbabwe's hyperinflation reached 500 billion percent.
Examples of hyperinflation show the possibility of up to 98% per day inflation.
One example is Dash currency,which is being used as a way to fight hyperinflation in Venezuela.
Economic instability can also contribute to hyperinflation, which can render the currency virtually obsolete.
Then in 2009 Mugabe gave in andreplaced the Zimbabwean dollar for the U.S. dollar to get rid of hyperinflation.
But economists said that if Venezuela is to curb hyperinflation, it will have to stop printing money.
Global war and hyperinflation: They will create unbelievable levels of debt and tremendously higher silver and gold prices.
This allows governments to create money from nothing, which could lead to hyperinflation and collapse their economic system.
This sometimes leads to hyperinflation, a condition where prices can double in a month or less.
Then in 2009 Mugabe gave in andreplaced the Zimbabwean dollar for the U.S. dollar to get rid of hyperinflation.
It is because of the hyperinflation of the past 12 months in the once-rich OPEC country, which has now climbed to 43,378 percent.
The price of Bitcoin in Venezuelais now doubling roughly every three weeks as hyperinflation continues to plague the country.
Arriving in Berlin during the hyperinflation crisis(1923), Klaus Mann- son of the great German novelist Thomas Mann- remembered walking past a group of dominatrices.
Others see it as a scam by a corrupt government thatalready inflicted economic calamities such as hyperinflation against its own citizens.
Hyperinflation, which in July reached a rate of 83,000 percent, has further crippled the country, with many people not being able to afford basic amenities.
This is because Swiscoin is a global currency that does not depend on government policy that can fail andcause hyperinflation or complete collapse of the currency.
Ordinary Venezuelans are already struggling with hyperinflation that the IMF projects will climb to 13,000 percent this year and chronic shortages of basic foods and medicine.
His tenure included the episode known as the Occupation of the Ruhr by French and Belgian troops and the period in which inflation in Germany accelerated notably,heading towards hyperinflation.
Hanke's calculations, Zimbabwe's hyperinflation reached a peak in November 2008, at an annual rate of 89.7 sextillion percent, which is equivalent to 79.6 billion percent per month, or 98% per day.
That's just the beginning: Before President Barack Obama leaves office in 2017 the U.S. will default,the dollar will collapse, hyperinflation will strike and gold will skyrocket.
Impoverished Venezuelans are fleeing food shortages, hyperinflation, and violent crime in their homeland, often taking days-long bus rides across South America because they cannot afford flights.
The Yukpa are a tiny handful compared to the hundreds of thousands Venezuelans who havecrossed the border in recent years to escape hyperinflation, spiraling crime and a seemingly endless political crisis at home.
The ROC administration of Taiwan under Chen Yi was strained by increasing tensions between Taiwanese-born people and newly arrived mainlanders, which were compounded by economic woes,such as hyperinflation.
The US pressure has contributed to the severe social andeconomic crisis in Venezuela in recent years as it was hit by hyperinflation, the devaluation of the national currency and a shortage of basic necessities.
In Zimbabwe, during the hyperinflation of the Zimbabwe dollar, many automated teller machines and payment card machines struggled with arithmetic overflow errors as customers required many billions and trillions of dollars at one time.
The country reportedly introduced the currency in an attempt to attract foreign investors and skirt U.S. and EU sanctions,as well as overcome catastrophic hyperinflation in the country.
The fact that most cryptocurrencies would not be subject to fiscal indiscipline by central banks would reinforce trust in the economic system andthings like hyperinflation and bank runs would only be present in history books.