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hyperinflation
(redirected from Hyper inflation)

    Also found in: Medical, Wikipedia, Hutchinson 0.04 sec.
Hyperinflation
Extremely rapid or out of control inflation.

Notes:
There is no precise numerical definition to hyperinflation. This is a situation where price increases are so out of control that the concept of inflation is meaningless.

The most famous example of hyperinflation occurred in Germany between January 1922 and November 1923. By some estimates, the average price level increased by a factor of 20 billion!

Hyperinflation
See: Inflation
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.
Reaching the uninsured: uncomplicated limited-benefit plans can ... by Lehmann, George / Best's Review
But real estate has experienced a long period of hyper inflation.
This is the year for assessment reductions by Podell, Herbert S. / Real Estate Weekly
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.
Exit into History: A Journey Through the New Eastern Europe by Shilling, Halle / Washington Monthly
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