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Hyperinflation

Hyperinflation Definition

In economics, hyperinflation is a condition in which prices increase extremely rapidly as a currency loses its value. It is inflation out of control. Formally, it is "an inflationary cycle without any tendency towards equilibrium."

RELATED TERMS
Deflation
Disinflation
Inflation
Stagflation
Stagnation
RELATED CATEGORIES
Economy







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