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Extreme hyperinflation in a country would NOT result in the following scenario: Money loses its value so quickly that people race to spend their cash
Extreme hyperinflation in a country would NOT result in the following scenario: Money loses its value so quickly that people race to spend their cash before it becomes worthless. People abandon the use of paper money because it requires too much effort to carry the amount needed to buy things such as groceries or household items. Prices for goods and services rapidly fall every couple of months. Within a few years, a crate of bolivars that would have bought a house can no longer buy a carton of eggs
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