| hyperinflation |
An inflation rate in excess of 50 percent a month.
Ãâó: www.econplace.com/mm5e/glossary.html
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| hyperinflation |
Rapid, out-of-control inflation at double digit rates per month and more, usually occurring only during wars and periods of severe political instability. Hyperinflation was made infamous by pictures of Germans pushing wheelbarrows full of banknotes to buy pints of milk in the 1930s. Inflation was so high that the value of their money fell hour by hour, so the nation went out and bought everything it could in the hope that material goods might retain their value. ...
Ãâó: www.guardian.co.uk/business/glossary/page/0,13866,...
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| hyperinflation |
Extreme inflation in which prices rise uncontrollably, threatening to completely wipe out a currency's purchasing power. The United States has never undergone hyperinflation, but many major currencies of the world have. Purchasing power of the German mark was wiped out by hyperinflation prior to WWII. Brazil, Argentina, Mexico and many other developing countries have experienced hyperinflation during the last twenty years. ...
Ãâó: www.garyascott.com/currez/glossary.html
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