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Can you imagine prices of potatoes or onions, or even TV sets going up by 42.1 times in just one month? Well, it happened in none other than CHINA between 1947 and 1949, just after we go our independence.

But that is not bad – in GERMANY, prices went up 295.3 times per month between 1920 and 1923, after the country lost the First World War.

Could anything be worse? Believe it or not the answer is “YES”. Prices in YUGOSLAVIA went up by a whopping 31.3 Lakh times per month between 1992 and 1994, as the nation broke up into eight ethnicity based smaller countries – Slovenia, Macedonia, Croatia, Bosnia-Herzegovina, Serbia, Montenegro, Albania, with the first four partitions being before March 1992.

Want to know another secret? After the Second World War, in 1945-46, prices in Hungary went up by 12.95 Lakh Crore times in a month. CRAZY, isn’t it?

Comparatively, India has managed inflation very well. Our highest inflation has been 34.7% in September 1974, under Indira Gandhi.

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