in short answer please respond to the following videos
Hyperinflation in Germany 1923 https://www.youtube.com/watch?v=WI1i5yhwOz8
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Zimbabwe Hyperinflation in current modern era https://www.youtube.com/watch?v=Jt15F21jpN8
Controversies on Federal Reserve System- Monetary Policy https://www.youtube.com/watch?v=Ed0lfNi0ciw
Class, let me add Venezuela was experiencing hyperinflation..the government is printing money like crazy. Then they compound it with price controls which of course makes the product scarce. Look at the awful effects. Check out this video!. Even Rich Venezuelans Can’t Find FoodDuration: (2:39)
YouTube URL: http://www.youtube.com/watch?v=rVNU_AFnzbA