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Username: ForexGuy

Rating:
Guru Stars

Asked to: Talitha Taslim

Date Created: 05 Jun 2017
Category 28
Tag Financial
Question What is 'Hyperinflation'?
Advice from Guru
Hello ForexGuy,

Hyperinflation is extremely rapid or out of control inflation. There is no precise numerical indication of hyperinflation. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless. Although hyperinflation is considered a rare event, it occurred as many as 55 times in the 20th century in countries such as China, Germany, Russia, Hungary and Argentina.

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