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Hyperinflation is a form of economic inflation which has a very high percentage of inflation. Prices double or triple in cost while value remains the same or slightly lessens. |
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Hyperinflation is a form of economic inflation in which the general price level is increasing rapidly. No single definition is universally accepted; one simplistic definition is a monthly inflation rate of 50%. |
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Hyperinflation is going into a store every day to buy the same item and each time having to ask how much it costs. Under hyperinflation such as that experienced in South America, businesses have to anticipate, for example, a monthly increase of 18% or 20% for raw materials, and they end up having to price that increase to their product ahead of time. |
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Hyperinflation is just out-of-control inflation at an extremely high and unpredictable rate. Rates of inflation of several hundred percent per month are often seen. Extreme examples include Germany in the early 1920s when the rate of inflation hit 3.25 million percent per month, Greece in the mid-1940s with 8.55 billion percent per month, and Hungary during the same approximate time period at 4.19 quintillion percent per month. /Talk? |
Hyperinflation is just out-of-control inflation at an extremely high and unpredictable rate. Rates of inflation of several hundred percent per month are often seen. Extreme examples include Germany in the early 1920s when the rate of inflation hit 3.25 million percent per month, Greece in the mid-1940s with 8.55 billion percent per month, and Hungary during the same approximate time period at 4.19 quintillion percent per month.
/Talk?
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