Under President Kravchuk (1991–1994), [[hyperinflation]] peaked at 10,155% in 1993, devastating the [[economy]] and creating fertile ground for [[corruption]]. Privatization of state owned enterprises rapidly built a hyper rich, hyper corrupt, hyper [[violent]] [[oligarchy]]. | Under President Kravchuk (1991–1994), [[hyperinflation]] peaked at 10,155% in 1993, devastating the [[economy]] and creating fertile ground for [[corruption]]. Privatization of state owned enterprises rapidly built a hyper rich, hyper corrupt, hyper [[violent]] [[oligarchy]]. |