Thread: Hyperinflation
View Single Post
Old 09-03-2017, 07:53 PM  
GFED
Confirmed User
 
GFED's Avatar
 
Industry Role:
Join Date: May 2002
Posts: 8,098
Hyperinflation

Quote:
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.
Do you think it could happen in the USA?
I do.
GFED is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote