Definition
Hyperinflation is extremely rapid and out-of-control inflation.
Why It Matters
It destroys purchasing power and economic stability.
Example
Prices doubling within weeks.
Malone Global University
Malone Global University
Economics Glossary – Malone Global University
Hyperinflation is extremely rapid and out-of-control inflation.
It destroys purchasing power and economic stability.
Prices doubling within weeks.