Hyperinflation is an extremely rapid or out of control inflation and there is no precise numerical definition to hyperinflation. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless.
hjj
It is known as "double digit inflation". It is certainly NOT hyper.
Hyper inflation of air sacs with destruction of alveolar walls.
it's called hyper inflation
Germany's hyper-inflaton was caused by Germany printing extra money that was worthless :) ^Sounds like the Unites States.
1. Velocity of money is the rate or frequency money gets exchanged over a period of time. It can be siad that Volcoity of money can be a variable that determines of inflation. It may be used as a a warning sign for hyper-inflation.
Walking inflation: When the price rise is moderate (is in the range of 3 to 7 %) and the annual inflation rate is of a single digit, it is called walking inflation. It is a warning signal for the government to control it before it turns into running inflation.
A good description of "inflation" is an increase in prices and a fall in the value of money. Inflation is usually represented as a percentage increase for one month over the same month the previous year. Double-digit inflation is when this percentage is greater than 10%. If inflation rises even more than 100% (i.e. prices are twice s high as last year) it is usually called "hyper-inflation".
In Ireland or in poorer areas in Africa e.g. Zimbabwe cos they have hyper inflation so that isn't good
Has the South African Bank failed in keeping inflation within the range of 3 to 6 percent? Discuss
Yes, because the inflation rate is now low.
because it would probably make a loaf of bread cost 50 bucks. as happened in late 1920s in Germany hyper inflation caused a great economic chaos which helped Hitler reach to power and later ww2