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hyperinflation
(redirected from hyperinflationary)

   Also found in: Dictionary/thesaurus, Medical, Wikipedia, Hutchinson 0.09 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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The combined forces of the war, the embargo, the mining of the harbors, and terrorist attacks against economic infrastructure led to the total collapse of the Nicaraguan economy, spiraling the country into a hyperinflationary cycle and making Nicaragua the second-poorest country in the hemisphere after Haiti.
tax is required, unless (1) the foreign tax liability is in a hyperinflationary currency (Temp.
The international financial reporting interpretations committee of the International Accounting Standards Board released in March draft interpretation D5, Applying IAS 29, Financial Reporting in Hyperinflationary Economies for the First Time (www.
 
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