hyperinflation


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hyperinflation

(ECONOMICS) an extreme type of INFLATION in which a very rapid exponential growth in prices occurs. The classic instance of hyperinflation was in Germany in 1923. But there have been many instances since, e.g. Hungary in 1946, when a daily doubling of prices occurred, and Argentina in the period after the Falklands War.
Collins Dictionary of Sociology, 3rd ed. © HarperCollins Publishers 2000
References in periodicals archive ?
Small wonder that many American economists, dismayed at the enormous expansion of the money supply under Bernanke's Fed, are warning of the specter of hyperinflation and its potentially devastating consequences both to the economy and to the American body politic.
The US will face hyperinflation and will be paying its debts with effectively worthless money."
Various strategies have been explored to manage dynamic hyperinflation. One recommendation is to increase expiratory time as a result of slowing the respiratory rate by using low-level positive expiratory pressure (O'Donnell 1994, Wouters 2006).
[USPRwire, Wed Sep 04 2019] Hyperinflation system market is expected to remain influenced with growing number of premature births across the globe.
[ClickPress, Wed Sep 04 2019] Hyperinflation system market is expected to remain influenced with growing number of premature births across the globe.
We hope that government will soon take appropriate measures regarding serious issue of hyperinflation.
'The government unified and devalued the official exchange rates in early 2018 in an attempt to reduce currency pressure, but amid hyperinflation, the currency remains hugely overvalued, as reflected in an extremely large blackmarket premium,' it added.
The convention adopted in the scientific literature is to classify an inflation as a hyperinflation if the monthly inflation rate exceeds 50 percent.
He paid a visit to Lee's house and was treated with a cup of plain squid congee when hyperinflation and shortage had continued.
The aid shipments have been meant in part to dramatize the hyperinflation and shortages of food and medicine that are gripping Venezuela"
Referring to such policies in the world, Hanke said these measures always accompany episodes of hyperinflation.
Locals are haunted by memories of the Zimbabwean dollar, which became worthless as hyperinflation spiralled to reach 500 billion percent in 2008, the highest rate in the world for a country not at war, wiping out pensions and savings.