Hyperinflation is extremely rare in countries where the Central Bank is independent of the rest of the government. Why is that?

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter17: Inflation
Section17.2: Consequences Of Inflation
Problem 2YTE
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Hyperinflation is extremely rare in
countries where the Central Bank is
independent of the rest of the
government. Why is that?
Transcribed Image Text:Hyperinflation is extremely rare in countries where the Central Bank is independent of the rest of the government. Why is that?
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