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hyperinflation
This term describes a catastrophic economic state where price increases are so rapid that the local currency loses its functional utility as a store of value. It carries a heavy connotation of instability, panic, and systemic failure, distinguishing it from standard inflation which is often managed or expected in healthy economies.
Because it refers to a specific economic phenomenon or state of being, the word is treated as an uncountable noun. It does not take a plural form in standard usage, and one does not refer to multiple hyperinflations; instead, one would discuss different periods or episodes of hyperinflation.
Meanings
Examples
The Weimar Republic is the most famous historical example of hyperinflation.
We need to implement strict monetary policies to prevent hyperinflation.
Prices are rising so fast that it feels like hyperinflation.
Hyperinflation wiped out the life savings of millions of people.
If the government keeps printing money, we are heading straight for hyperinflation.
I cannot believe the currency crashed this quickly into hyperinflation.
The economy spiraled into hyperinflation after the war ended.
Is there any way to stop hyperinflation once it starts.