hyperinflation

American  

[hahy-per-in-fley-shuhn] / ˌhaɪ pər ɪnˈfleɪ ʃən /

noun

1. extreme or excessive inflation.

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hyperinflation British  

/ ˌhaɪpəɪnˈfleɪʃən /

noun

1. Also called: galloping inflation.  extremely high inflation, usually over 50 per cent per month, often involving social disorder

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Other Word Forms

• hyperinflationary adjective

Etymology

Origin of hyperinflation

First recorded in 1925–30; hyper- + inflation

Example Sentences

Outside Venezuela, the company enticed investors by presenting itself as a platform for helping everyday Latin Americans facing hyperinflation.

From The Wall Street Journal

Castillo co-founded Kontigo as a blockchain technology to address everyday financial problems in Venezuela, where hyperinflation and a lack of access to credit have made it hard for people to hold on to their savings.

From The Wall Street Journal

Venezuela ceased being a largely cash-based economy during the era of hyperinflation, in 2018-19, when people would lug around bags of bolívares — the national currency, named after Simón Bolívar, the 19th century independence leader known as El Libertador.

From Los Angeles Times

The dollar is Venezuela's de facto currency, legalized by ousted leader Nicolas Maduro in 2019 to fight hyperinflation.

From Barron's

It’s hard not to feel hope for a country that has endured years of economic collapse, hyperinflation and mass migration.

From The Wall Street Journal

Related Words

• devaluation