With 10% annually, it just affects your long term plans. Both prices and sallaries are kind of adjusted in the way, but you still manage to think about making a small vacation or something. Here most people is not "financially formed" and would "invest" in things that just hold their value. Think of buying gold per Kg with any remaining dollars you have.
With 10% monthly you are pretty much fried cause you truly dont know what is going to happen in the next month. Prices kind of lose meaning and you start to be more attentive on basic needs. The milk is 2k AR$. Is it much? Idk, but I need it, so i buy it.
I never experienced 10% daily (my parents did), but i feel that it is still somehow better. With that rate the economy just crashes, debts are pardon, schools make exceptions, healthcare just works. Its a terrible mess, but it has an end... or so they say.