hyperinflation

(redirected from hyperinflationary)
Also found in: Dictionary, Medical, Financial.

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.
Mentioned in ?
References in periodicals archive ?
Questions of safety are key inasmuch as its hyperinflationary levels at present have rendered the country into a warzone.
Bad News from Venezuela: Twenty Years of Fake News and Misreporting
Its all-time high was 74 percent in July 1985 (a hyperinflationary time); its record low was 42 percent in both September 2016 and March 2018.
Poverty bounces back up
Currently, there is an international standard that discusses the treatment of accounting statements of companies operating in hyperinflationary economies: International Accounting Standard 29 (IAS, 2009)--Financial Reporting in Hyperinflationary Economies.
Twenty-one years without monetary correction in Brazil: impacts on the comparability of the accounting information of siderurgical and metallurgical companies
In addition, a central bank following the Taylor principle could end up on a hyperinflationary path where nominal interest rates and inflation increase forever.
Inflation Control: Do Central Bankers Have It Right?
Buying drugs, laundering money, evading capital controls, protecting your money in countries with hyperinflationary environments: these are all situations where cryptocurrencies can come in handy.
Bitcoin would bea calamity, not an economy: A cryptocurrency future sounds liberating. In reality, it would be a disaster for everybody
Fitch expects this trend to continue over the foreseeable future given the hyperinflationary conditions in Venezuela.
Fitch Affirms Banco Occidental de Descuento's IDR at 'CC'
But hyperinflationary conditions have already existed, economists say, particularly as prices on some key goods and services have risen by more than 50 percent month over month, putting them out of reach of an increasing number of people.
In a nation ravaged by inflation, 'a race is on for survival'
This is in view of the fact that hyperinflationary trends have been associated with, and in fact, giving rise to weaker Naira.
LONG-RUN DETERMINATION OF EXCHANGE RATES IN SUB-SAHARAN AFRICA: EVIDENCE FROM GHANA, SOUTH AFRICA, NIGERIA, AND KENYA
South Sudan's strategic position along the Nile River means fish is an important and prominent source of protein for people, under the impact of hyperinflationary pressures many can barely afford the high priced fish in the markets.
Confronting Climate Change in South Sudan: Risks and Opportunities
The resulting increase in demand for goods accelerates inflation even further." The authors conclude: "This hyperinflationary process cannot be categorized as 'monetary' in the usual sense, because that would have required an equally explosive expansion of [the] money supply, which was kept constant."
The fiscal theory of the price level: a comment on Tutino and Zarazaga
When that program was initiated, critics called it recklessly hyperinflationary; but it did not create even the modest 2% inflation the Fed was aiming for.
Trump's $1 trillion infrastructure plan
It prompted a hyperinflationary episode that began in December 2009 and continued into 2010.
The Sino-North Korean border economy: money and power relations in North Korea

Encyclopedia browser ?
Full browser ?