Hyperinflations are extremely rare in countries whose central banks are independent of the rest of the government.

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Hyperinflations are extremely rare in countries whose central banks are independent of the rest of the government. Why might this be so?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 06:17 AM

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Hyperinflations are extremely rare in countries whose central banks are independent of the rest of the government.

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Hyperinflations usually arise when governments try to finan...View the full answer

Principles of economics

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