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TOP Five Worst cases of Hyperinflation in History | ENDEVR Explains

TOP Five Worst cases of Hyperinflation in History | Business Explainer Video Hyperinflation is a very destructive phenomenon. Out of control inflation leads to currency devaluation and bizarre situations, like a loaf of bread costing 200 billion. The American economist Philip Cagan was the first to classify hyperinflation. He stated that the phenomenon happens when a country's inflation rate exceeds 50% per month. Based on this, economists Steve Hanke and Nikolas Krus created the Hyperinflation ranking. The video explains the worst five cases of hyperinflation in the last 100 years. The top five include post-World War II Greece, Germany’s Weimar Republic, the Federal Republic of Yugoslavia, Zimbabwe, and Post War Hungary. 00:00 intro 02:31 Greece Hyperinflation during World War II 04:28 Hyperinflation in Germany during the Weimar Republic 07:17 Hyperinflation in the Federal Republic of Yugoslavia 09:42 Hyperinflation in Zimbabwe 12:35 Worst Hyperinflation in History: Post II World War in Hungary Sources: http://bit.ly/SourcesHyperinflation ▬▬▬▬▬▬▬▬▬ Subscribe ENDEVR for free: https://bit.ly/3e9YRRG Join the club and become a Patron:   / freedocumentary   Facebook: https://bit.ly/2QfRxbG Instagram:   / endevrdocs   ▬▬▬▬▬▬▬▬▬ #FreeDocumentary #ENDEVR #Hyperinflation ▬▬▬▬▬▬▬▬▬ We are dedicated to bringing high-class documentaries to you on YouTube. With the latest camera equipment used by well-known filmmakers working for famous production studios. Enjoy stories about Innovators, Forward Thinkers, Technological Developments, Business Insights and more to come.