What happens to a country when hyperinflation hits?

[BeingPakistani]

 

[IMIKasbati]

Alhamdulillah Allah gifted us with IK. Otherwise couple of years down the road and Pakistan would be included in such horrifying documentaries.

الحمد لله والشكر لله

 

[miafridi]

PML-N's policy was no different when they kept the dollar artificially controlled to keep imports cheaper but such policy ends the moment you don't have any more dollars left to control the exchange rate any further and the result is unavoidable number of imports for which you have to take loans(Because you have no dollars left) to pay for imports but in case countries refuse to loan you anymore, the country go into hyperinflation due to sudden shortage of things that were previously available. The inflation rate depends upon the economic damage caused.

Thank fully PML-N's tenure came to an end at the right time, but it took some effort for Imran khan to put the country back on economic stability.