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What Is Hyperinflation?

Hyperinflation describes an unsustainable period of economic dysfunction characterized by price increases of at least 50% per month. These times of rapid, intense and destructive currency devaluation ...
The word “hyperinflation” is sprinkled throughout the press each day. We read that Iran is hyperinflating. The same is written about Zimbabwe and Venezuela, as well as a potpourri of other countries ...
Hyperinflation is a monetary condition of exceptionally high rates of inflation, often defined as monthly inflation rates of 50% or greater. The root cause of most hyperinflations is when governments ...