What is another word for hyperinflation?

Pronunciation: [hˌa͡ɪpəɹɪnflˈe͡ɪʃən] (IPA)

Hyperinflation is a term that refers to a significant rise in prices of goods and services in an economy. It is a phenomenon that leads to the devaluation of a currency and can cause several economic problems for a country. Some synonyms for the word hyperinflation include galloping inflation, runaway inflation, out-of-control inflation, and explosive inflation. These are terms used to depict the rapid rate at which prices increase in an economy. Additionally, there are words like currency devaluation, price explosion, and price spiral, which represent the domino effect of hyperinflation on various aspects of the economy. Overall, these synonyms provide more insight into the impact of hyperinflation on an economy than the word hyperinflation.

What are the hypernyms for Hyperinflation?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Hyperinflation

  • The Fed has the ability to put money out, it's got the ability to take money back in, and if they don't do that, we will have hyperinflation worse than we had in 1980 and 1981.
    Charles Grassley
  • History teaches us that people from different religions and ethnic groups can be united around one economic goal; equality and prosperity for all. We saw that in the rise of the communist USSR. When the economic policies of the USSR failed, ethnic and national divisions took the forefront and the USSR's was dissolved. That could happen to the US if we are hit by hyperinflation or currency collapse. No country is above the socioeconomic laws, US included.
    Med Jones
  • History teaches us that people from different religions and ethnic groups can be united around one shared economic goal; equality and prosperity for all. We saw that in the rise of the communist USSR. When the economic policies of the USSR failed, ethnic and national divisions took the forefront and the USSR was dissolved. That can happen to the US if we are hit hard enough by hyperinflation and currency collapse. How the divisions evolve and what forms they will take depend on the type and speed of the government's reaction. It is too early to foresee such events. However, it is important to note that no country is above the socioeconomic laws, US included.
    Med Jones

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