What does hyper inflation mean?

Definitions for hyper inflation
hy·per in·fla·tion

This dictionary definitions page includes all the possible meanings, example usage and translations of the word hyper inflation.

Wikipedia

  1. Hyper inflation

    In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. When measured in stable foreign currencies, prices typically remain stable. Unlike low inflation, where the process of rising prices is protracted and not generally noticeable except by studying past market prices, hyperinflation sees a rapid and continuing increase in nominal prices, the nominal cost of goods, and in the supply of currency. Typically, however, the general price level rises even more rapidly than the money supply as people try ridding themselves of the devaluing currency as quickly as possible. As this happens, the real stock of money (i.e., the amount of circulating money divided by the price level) decreases considerably.Almost all hyperinflations have been caused by government budget deficits financed by currency creation. Hyperinflation is often associated with some stress to the government budget, such as wars or their aftermath, sociopolitical upheavals, a collapse in aggregate supply or one in export prices, or other crises that make it difficult for the government to collect tax revenue. A sharp decrease in real tax revenue coupled with a strong need to maintain government spending, together with an inability or unwillingness to borrow, can lead a country into hyperinflation.

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Numerology

  1. Chaldean Numerology

    The numerical value of hyper inflation in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of hyper inflation in Pythagorean Numerology is: 1

Examples of hyper inflation in a Sentence

  1. Austan Goolsbee:

    The inflationists have the problem that every time a Democratic president has proposed to do something, they've said there is imminent danger of hyper-inflation, they've been systematically wrong over and over.

  2. Chris Sununu:

    They came in and changed the rules to fit their agenda. You are seeing Republican governors as the last line of defense against not just a socialist agenda but true socialism, that's what is happening with the executive orders. The biggest thing hitting America is inflation. [ Treasury ] Secretary Janet Yellen said we'd have a bump in inflation. We are on the verge of hyper-inflation and supply chain issues.

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"hyper inflation." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/hyper+inflation>.

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