Username: ForexGuy Rating: Asked to: Talitha Taslim Date Created: 05 Jun 2017 |
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Category | 28 |
Tag | Financial |
Question | What is 'Hyperinflation'? |
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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