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    • Very high and typically accelerating inflation

      • In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies.
      en.wikipedia.org › wiki › Hyperinflation
  1. In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies.

  2. Sep 30, 2023 · Hyperinflation refers to rapid and unrestrained price increases in an economy, typically at rates exceeding 50% each month over time. Hyperinflation can occur in circumstances affecting the...

    • Will Kenton
    • 1 min
  3. Article History. Bank run during the Weimar Republic hyperinflation crisis. Date: 1922 - 1923. Location: Germany. hyperinflation in the Weimar Republic, economic disaster in the Weimar Republic in 1922–23 that impoverished millions of German citizens and paved the way for the rise of the Nazi Party.

  4. Sep 15, 2023 · Hyperinflation is a monetary condition of exceptionally high rates of inflation, often defined as monthly inflation rates of 50% or greater. The root cause of most hyperinflations is when...

  5. Sep 23, 2023 · Hyperinflation is an extreme case of monetary devaluation that is so rapid and out of control that the normal concepts of value and prices are meaningless. Hyperinflation is often described as...

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