Sao Paulo Map Tourist Attractions on The average monthly inflation rate during the German hyperinflation was around 320 percent, whereas the figure in Hungary was 19,800 percent. Hyperinflations are stopped through what is called a stabilization strategy. It is necessary to impose some control on wages to cut through the wage-price spiral. This is referred to as an incomes policy, which may require less frequent wage indexation, or an agreement between firms and workers about lower real wages. The recent examples of successful stabilizations include Bolivia in 1985, MEXICO in 1989, ARGENTINA in 1992, and BRAZIL in 1996. As the events in Argentina and Brazil suggest, stopping a hyperinflation is a very complex task. It takes government credibility for a stabilization policy to work. Sao Paulo Map Tourist Attractions 2016.
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