Rapid Price Increases: Prices of goods and services increase at an exponential rate, sometimes multiple times a day.

Loss of Currency Value: The national currency rapidly loses its purchasing power, making it effectively worthless.

Economic Instability: Leads to a collapse of savings, investment, and long-term planning, severely disrupting economic activity.

Bartering and Foreign Currency Use: People resort to bartering goods or using stable foreign currencies (e.g., USD) for transactions.

Wage-Price Spiral: Wages constantly chase rising prices, further fueling inflation in a vicious cycle.

Capital Flight: Domestic and foreign capital flees the country in search of more stable economic environments.

Social and Political Unrest: The economic hardship caused by hyperinflation often leads to widespread poverty, social unrest, and political instability.

Government Revenue Collapse: As tax revenues collected in the depreciating local currency become worthless, the government's ability to finance public services collapses.

Monetary Policy Failure: The central bank loses control over monetary policy, as its efforts to stabilize the currency are overwhelmed by fiscal pressures.

Rapid Price Increases: Prices of goods and services increase at an exponential rate, sometimes multiple times a day.

Loss of Currency Value: The national currency rapidly loses its purchasing power, making it effectively worthless.

Economic Instability: Leads to a collapse of savings, investment, and long-term planning, severely disrupting economic activity.

Bartering and Foreign Currency Use: People resort to bartering goods or using stable foreign currencies (e.g., USD) for transactions.

Wage-Price Spiral: Wages constantly chase rising prices, further fueling inflation in a vicious cycle.

Capital Flight: Domestic and foreign capital flees the country in search of more stable economic environments.

Social and Political Unrest: The economic hardship caused by hyperinflation often leads to widespread poverty, social unrest, and political instability.

Government Revenue Collapse: As tax revenues collected in the depreciating local currency become worthless, the government's ability to finance public services collapses.

Monetary Policy Failure: The central bank loses control over monetary policy, as its efforts to stabilize the currency are overwhelmed by fiscal pressures.