Hyperinflations occur because governments want to spend more than they raise in taxes,and they pay for the extra purchases by printing money or selling large quantities of government bonds to the central bank.

Question

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Hyperinflations occur when governments print more money or sell large quantities of government bonds to the central bank to finance their expenses, leading to a rapid decrease in the value of the currency and significant inflation.

Hyperinflations Occur Because Governments Want to Spend More Than They