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The American Dollar Collapse And  Hyperinflation

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The American Dollar Collapse And Hyperinflation

M
Mr Silverman

2 Views • Oct 12, 2008

Description

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In economics, hyperinflation is inflation that is "out of control", a condition in which prices increase rapidly as a currency loses its value. Formal definitions vary from a cumulative inflation rate over three years approaching 100% to "inflation exceeding 50% a month." In informal usage the term is often applied to much lower rates. As a rule of thumb, normal inflation is reported per year, but hyperinflation is often reported for much shorter intervals, often per month.

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