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Find the latest evidence on countries facing exponential growth of its money supply and inflation rates...

Find the latest evidence on countries facing exponential growth of its money supply and inflation rates

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Expert Solution

Countries with exponential growth in Money Supply & Inflation
There are certain countries which are facing large growth in inflation and money supply. The reasons for different countries for the kind of economic situations are different, the effect on the economies are however common in the fall in the value of money and the after effects. Here are some countries with high inflation growth and money supply.
Venezuela remains top of the list of countries with high inflation in the world. The issues regarding oil export drops is the main factor leading to the inflation of the country. According to the data of April 2019, the inflation rate was 282,972.80% and the rate slightly reduced in the month of May but not as much.
Zimbabwe has a rate of inflation of 175.66% according to June 2019. The exponential increase of the inflation was of the struggle of the country with its currency. The shift to US dollars in 2015 and the returning to the local currency in 2019 led to the great rise in inflation.
South Sudan reported a 56.66& of inflation according to March 2019. From the last year ending at an inflation growth of 72.94%, January 2019 faced a fall to 43.45& but is going down further and reached 56.66% in the March. The living conditions are not that good in the country.
North Korea with a reducing inflation rate reached 55 % in July 2019. The country is able to reduce the level of inflation growth even it faces a hyperinflation situation.
Argentine, Iran, Sudan and Liberia faced inflation growth of 54.40,48, 47.80 and 23.30 percentages respectively, according to the data of June and July.

  


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