WordValenoun
hyperinflation
extremely rapid and out-of-control price increases
In more detail
1. (noun) extremely rapid increase in prices and decrease in the value of money, usually caused by government printing too much money
2. (noun) a situation where inflation becomes so severe that the economy becomes unstable and normal economic activity becomes very difficult
Examples
- 1. During hyperinflation in Zimbabwe, prices doubled every few days.
- 2. The country's hyperinflation made it impossible for people to buy basic goods.
Learn it for good
Save this word in WordVale and it comes back for review right before you'd forget it — with pronunciation, real examples, and optional translations. One purchase, no subscription.
Get WordValeFREE 7-DAY TRIAL · iPHONE & iPAD