English version

hyperinflation in Economics topic

From Longman Dictionary of Contemporary Englishhyperinflationhy‧per‧in‧fla‧tion /ˌhaɪpərɪnˈfleɪʃən/ noun [uncountable]  PEa very fast rise in prices that seriously damages a country’s economy
Examples from the Corpus
hyperinflationNow that we have an idea how hyperinflation gets started we can look at the causes of run-of-the-mill inflation.If taken to extremes, such policies carried within them the potential to precipitate a catastrophic decline into hyperinflation.Examination of the chest was unremarkable with no evidence of hyperinflation and clear auscultation.The threat of hyperinflation is now all too real.The early years of hyperinflation after price controls were eased in 1992 led to backlogs in debts among businesses and the state.The aim was to prevent hyperinflation.Diehard optimists, like Mr Pynzenyk, say that hyperinflation and economic collapse will eventually force the country to its senses.When hyperinflation strikes, everyone has paper money, but paper money is useless.