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hyperinflation
(redirected from Hyper inflation)

   Also found in: Medical, Wikipedia, Hutchinson 0.06 sec.
Hyperinflation

hyperinflation
A very high level of inflation that tends to result in the breakdown of the monetary system, the hoarding of goods, and difficulty in achieving real economic growth. The classic case of hyperinflation occurred in Germany during the 1920s. Hyperinflation, which tends to motivate people to own real goods, adversely affects security prices.


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Hyper inflation within the health-care industry has priced many smaller employers out of major medical plans and literally driven business toward the limited-benefit plan arena.
But real estate has experienced a long period of hyper inflation.
Not surprisingly, hyper inflation has set in; in Romania, a kilogram of sugar that cost 20 lei in 1989 now costs 500 lei, and in Warsaw apartments currently range between $15,000 and $80,000.
 
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