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hyperinflation
hy·per·in·fla·tion H0358200 (hī′pər-ĭn-flā′shən)n. Extremely high monetary inflation.
hy′per·in·fla′tion·ar′y adj.hyperinflation (ˌhaɪpəɪnˈfleɪʃən) n (Economics) extremely high inflation, usually over 50 per cent per month, often involving social disorder. Also called: galloping inflation hy•per•in•fla•tion (ˌhaɪ pər ɪnˈfleɪ ʃən)
n. extreme, usu. rapid and uncontrolled economic inflation. [1925–30] hy`per•in•flate′, v.t. -flat•ed, -flat•ing. hy`per•in•fla′tion•ar′y, adj. Translationsυπερπληθωρισμόςhyperinflationhyperinflation
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.hyperinflation
hyperinflation [hi″per-in-fla´shun] excessive inflation or expansion, as of the lungs; overinflation.hy·per·in·fla·tion (hī'pĕr-in-flā'shŭn), Overdistention of airways and alveoli, sometimes leading to emphysema, caused by obstructive lung disease; occurs reversibly with asthma, and can occur locally with aspiration of a foreign body with a subsequent ball-valve phenomenon. [hyper- + inflation] hy·per·in·fla·tion (hī'pĕr-in-flā'shŭn) Overdistention of pulmonary alveoli with air as a result of local or general airway obstruction. hy·per·in·fla·tion (hī'pĕr-in-flā'shŭn) Overdistention of airways and alveoli, sometimes leading to emphysema, caused by obstructive lung disease. [hyper- + inflation]hyperinflation
HyperinflationSee: InflationHyperinflationA very high rate of inflation, especially sustained over a long period of time. While there is no set numeric definition, it is associated with inflation percentages in the millions and billions. Hyperinflation is almost always caused by poor monetary policy on the part of the government. For example, a government that rapidly increases the money supply without a corresponding growth in GDP often undergoes hyperinflation. This situation often leads to (though it may also be caused by) wider economic instability, and may lead to a lack of confidence in the government. As a result, hyperinflation that persists for a long time may lead to the government issuing a new currency entirely.hyperinflation A very high level of inflation that tends to result in the breakdown of the monetary system, the hoarding of goods, and difficulty in achieving real economic growth. The classic case of hyperinflation occurred in Germany during the 1920s. Hyperinflation, which tends to motivate people to own real goods, adversely affects security prices.hyperinflation a very high level of INFLATION.hyperinflation a situation of high and accelerating rates of INFLATION. Unlike CREEPING INFLATION, which usually has little ill-effect on the functioning of the economy, hyperinflation reflects a situation where people begin to lose confidence in the value of MONEY and revert to BARTER. At this point there is a serious danger of economic collapse, accompanied by growing social disorder. Hyperinflation is a rare phenomenon, but when it does occur its causes are as much political as economic: for example, the excessive printing of money to finance government spending (during wars, in particular) or an acute shortage of goods and services combined with a large pent-up demand, as in periods immediately following the ending of a war. |