Question

the monetary dynamics of hyperinflation pdf? heeelllpppp :)

Answer 1

Hyperinflation is characterized by some stylized facts. Among those that are well documented in the literature, we can enumerate the following: (i) the inflation rate increases over time, reaching extremely high values ​​(π → ∞); (Ii) the nominal money stock growth rate also follows an explosive trajectory (μ → ∞); (Iii) inflation grows at a rate higher than the money stock, with the real quantity of money decreasing and tending to a rather small value throughout the process (m → m0, m0 close to zero); (Iv) society uses money as a source of funding for government spending