A state of excessive inflation.
inflation of several hundred or thousand per cent.
A very rapid rise in the overall price level. View Capstone Lesson(s) that address this concept
Rapid, out-of-control inflation, at double digit rates per month and more, usually occurring only during wars and periods of severe political instability.
An inflation rate in excess of 50 percent a month.
An extremely high rate of inflation.
Very high and self sustaining inflation levels. One definition being the period while inflation exceeds 50% until it has drops below that level for 12 months.
A state of extreme level of inflation often correlated with a weak currency and fragile economy. Inflation levels over 100 percent annually maybe considered at hyperinflation levels, although annual rates of inflation for economies experiencing hyperinflation will quite often exceed 1000 percent. Country's that have experienced hyperinflation may have courted economic policies under the rule of military or autocratic rule/dictatorships, developing countries usually in the third world, countries at war or civil war, another sign occurs when government spending is out of control, economic crisis persists with massive fiscal/trade/current account deficits, etc.. Hyperinflations are rare in advanced first world industrialized countries. Modern economies tend to experience deflation over hyperinflation.
an extremely rapid rise in prices. Inflation rates of over 100% per year are generally considered hyperinflation.
A period in which the rate of inflation is so high that money is practically worthless.
Extremely rapid or out of control inflation.