hyperinflation
See also: Hyperinflation
English
Pronunciation
- Rhymes: -eɪʃən
Audio (US) (file)
Noun
hyperinflation (plural hyperinflations)
- (economics) A very high rate of inflation.
- 1985, Leon N. Lindberg, Charles S. Maier, Brian M. Barry, The Politics of inflation and economic stagnation, page 74:
- Even though ten years elapsed between the German hyperinflation of 1923 and the seizure of power by Hitler, it is often suggested that the two events are causally related.
- 1987, Philip Cagan, “Hyperinflation”, in The New Palgrave: A Dictionary of Economics:
- Only inconvertible paper currencies can be expanded rapidly without limit to generate hyperinflation.
- 2004, John Barkley Rosser, Marina V. Rosser, Comparative Economics in a Transforming World Economy, page 236:
- When hyperinflation peaked, wheelbarrows full of money were required to shop for groceries.
Usage notes
- There is no precise quantitative level that defines hyperinflation. A conventionally used threshold is 50% annual inflation.
- At hyperinflationary levels, both the money supply and the price level are inflated at great rates.
Related terms
Translations
inflation at a very high rate
|
Further reading
- “hyperinflation”, in OneLook Dictionary Search.
Danish
Further reading
Swedish
Declension
Declension of hyperinflation | ||||
---|---|---|---|---|
Uncountable | ||||
Indefinite | Definite | |||
Nominative | hyperinflation | hyperinflationen | — | — |
Genitive | hyperinflations | hyperinflationens | — | — |
References
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.