What Is Hyperinflation
In economics, hyperinflation is inflation that is very high or out of control.
A condition in which the general price level within a specific economy increases rapidly while the real values of the specific economic items generally stay the same
A condition in which the general price level within a specific economy increases rapidly while the real values of the specific economic items generally stay the same
A vicious circle is created in which more and more inflation is created with each iteration of the ever increasing money printing cycle.
Hyperinflation becomes visible when there is an unchecked increase in the money supply usually accompanied by a widespread unwillingness on the part of the local population to hold the hyperinflationary money for more than the time needed to trade it for something non-monetary to avoid further loss of real value.
Hyperinflation is often associated with wars (or their aftermath), currency meltdowns like in Zimbabwe, and political or social upheavals.
