Hyperinflation
id:
hyperinflation-186-12848012
title:
Hyperinflation
text:
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. Effective capital controls and currency substitution ("dollarization") are the orthodox solutions to ending short-term hyperinflation; however there are significant social and economic costs to these poli
brand slug:
wiki
category slug:
encyclopedia
description:
Rapidly accelerating inflation
original url:
https://en.wikipedia.org/wiki/Hyperinflation
date created:
2001-08-22T17:52:18Z
date modified:
2024-09-08T05:22:25Z
main entity:
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image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/3/33/HUP_100MB_1946_obverse.jpg","width":468,"height":232}
fields total:
13
integrity:
16