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Originally published Saturday, July 27, 2013 at 8:05 PM

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Coming to terms: Hyperinflation

Some countries have experienced hyperinflation where prices can double in a few days — or hours!

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Q: What is hyperinflation?

A: Americans are used to ordinary inflation, with our prices tending to rise by around 2 to 4 percent each year. Some countries have experienced hyperinflation, though, where prices can double in a few days — or hours!

Just a few years ago, for example, Zimbabwe experienced the chaos of hyperinflation, with prices doubling in the time it might take you to read this newspaper page.

You might buy a loaf of bread with a bill that sports 12 zeros on it. A month later, you’d need to add several more zeros.

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