overinflation
- noun
- /ˌoʊvərɪnˈfleɪʃən/
- Specialized
- Overinflation of prices can occur when demand outstrips supply by a large margin, leading to an unsustainable economic environment.
Examples
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Experts are concerned that overinflation in the housing market could lead to a sudden crash in property values.
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The government implemented measures to combat overinflation, which was driving basic goods out of reach for many families.
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What partially caused the overinflation of home prices in CA was people speculating about the demand and thinking it would keep continuing to go up.
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Synonyms
A general rise in prices that makes money buy less
A time when prices rise quickly and then fall suddenly
Prices and wages rise quickly and keep rising so money buys less
A very fast increase in the number or importance of something
Antonyms
How Inflated
- Specialized
- Specialized
- Specialized
Surface Forms
Morphology
Etymology
Overinflation comes from over- meaning 'too much' and inflate meaning 'to make larger', like when you blow up a balloon. So in economics overinflation means prices have risen 'too much' and this can hurt the economy and people's savings.