hyperinflation
25
7.3
- noun
- /ˌhaɪpərɪnˈfleɪʃən/
- Specialized
:
hiperinflación
- In addition, the country has also been facing hyperinflation, an unfavorable balance of payments, and escalating fiscal deficits.
- hyperinflation and currency
- round of hyperinflation
- trauma of hyperinflation
So if you have a hyperinflation, you want stuff, not cash.
- So if you have a hyperinflation, you want stuff, not cash.
- Mature democracies do not experience hyperinflation or high inflation.
- You know, how do people change under hyperinflation?
- For example, in the traditional macroeconomic worldview, hyperinflation is bad.
- That is an example of the complete loss of trust in a currency and the complete hyperinflation absolutely destroying an economy.
- And, and any country that's in the midst of hyperinflation, you usually then the social construct falls away.
- The trials of war and hyperinflation had made Germans realize that money, and even life itself, can disappear in an instant.
- It's kind of like hyperinflation, that kind of stuff.
- Isn't it more effective to avoid things like hyperinflation if we generalize that idea?
- And so ultimately, you have to default to avoid hyperinflation.
Examples
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One of the first things that we realized was the hyperinflation had destroyed people's confidence in financial institutions.
-
During his first term, GDP fell 50 percent, income inequality and unemployment grew, and hyperinflation wiped out many families' savings.
Academic text (1996) -
In 1989, the government managed to bring this hyperinflation somewhat under control, but at great cost.
Academic text (1990) -
Mature democracies do not experience hyperinflation or high inflation.
-
In some countries, benefit checks simply stopped; in others, hyperinflation eroded their purchasing power to almost nothing.
Academic text (2002) -
In 1995, the Brazilian government finally stopped the spiral of hyperinflation by introducing the real and pegging it to the dollar.
Academic text (2012) -
In Argentina, by contrast, inflation returned with a vengeance, leading to two bouts with hyperinflation.
Academic text (1994) -
The economic crisis led to hyperinflation, making everyday goods unaffordable for most people.
-
During the 1920s, hyperinflation in Germany caused the value of the mark to plummet dramatically.
-
Zimbabwe experienced hyperinflation that resulted in people needing trillions of dollars for basic items.
Synonyms
1
7.7
Prices and wages rise quickly and keep rising so money buys less
Prices rise too much and become unreasonable
Antonyms
How Severe
Surface Forms
Morphology
Etymology
Hyperinflation comes from the part hyper- meaning 'too much' and inflate meaning 'to blow up', like a balloon. So when it describes prices, it means they 'blow up' out of control and money quickly loses value.