hyperinflation


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Hyperinflation

Hyperinflation

A very high rate of inflation, especially sustained over a long period of time. While there is no set numeric definition, it is associated with inflation percentages in the millions and billions. Hyperinflation is almost always caused by poor monetary policy on the part of the government. For example, a government that rapidly increases the money supply without a corresponding growth in GDP often undergoes hyperinflation. This situation often leads to (though it may also be caused by) wider economic instability, and may lead to a lack of confidence in the government. As a result, hyperinflation that persists for a long time may lead to the government issuing a new currency entirely.

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.

hyperinflation

a very high level of INFLATION.

hyperinflation

a situation of high and accelerating rates of INFLATION. Unlike CREEPING INFLATION, which usually has little ill-effect on the functioning of the economy, hyperinflation reflects a situation where people begin to lose confidence in the value of MONEY and revert to BARTER. At this point there is a serious danger of economic collapse, accompanied by growing social disorder. Hyperinflation is a rare phenomenon, but when it does occur its causes are as much political as economic: for example, the excessive printing of money to finance government spending (during wars, in particular) or an acute shortage of goods and services combined with a large pent-up demand, as in periods immediately following the ending of a war.
References in periodicals archive ?
A recent research - CLAIM Study - is the first to investigate the effects of dual bronchodilation on cardiac function and lung hyperinflation.
The CLAIM study met its primary endpoint demonstrating that treatment with Ultibro Breezhaler led to decreased lung hyperinflation and improvements in cardiac function after 14 days of treatment.
It involved a total of 62 patients with moderate-to-very severe COPD and confirmed lung hyperinflation, with 57 participants completing both treatment periods.
14) Static hyperinflation is caused by a decrease in elasticity of the lung due to emphysema, resulting in decreased lung recoil pressure and a higher resting lung volume.
They turn to the German hyperinflation in the 1920s for support of their argument, holding that the government ended runaway inflation by implementing "an active fiscal policy.
That was what caused Germany's hyperinflation in the 1920s, not domestic German spending.
Adjusted net profit (excluding impact of hyperinflation of Dh15.
The company earned slight growth in profit despite challenging global financial conditions and downward pressures from increased gas prices, foreign exchange fluctuations and hyperinflation in countries where RAK Ceramics operates, the firm said in a statement.
6 million) as the company continued to book an accounting provision for hyperinflation in Iran and Sudan and reduced its non-core business earnings.
The expected growth of electricity tariffs may lead to hyperinflation, which can't be stopped by regulatory authorities, Dr.
Zimbabwe is still recovering from the collapse of its economy, and it now uses the US dollar as its unofficial currency after hyperinflation made the Zimbabwean dollar virtually worthless.
Karolev pointed out that during the period 1990 - 1997 the country was in economic decline, lacking legal reforms, while there were conditions for hyperinflation.