hyperinflation

noun

hy·​per·​in·​fla·​tion ˌhī-pər-in-ˈflā-shən 

: extreme or excessive inflation: such as

a

: excessive distension with air or gas

hyperinflation of the lungs

b

: extreme economic inflation with prices rising at a very high rate in a very short time

But the policy also fueled hyperinflation that experts say left Iran's economy weaker in the long run.

—Ramin Mostaghim

also : a period of such inflation

While every company may employ any of a variety of cash investment options during hyperinflation, every successful company has one policy in common …

—Gerald Swanson

hyperinflationary

ˌhī-pər-in-ˈflā-shə-ˌnər-ē 

adjective

Examples of hyperinflation in a Sentence

Recent Examples on the Web

Under Maduro’s rule, Venezuela has suffered hyperinflation and an unprecedented economic collapse, deepened by sanctions imposed by the United States in 2017 against its vital oil and gas sector. —Mauricio Torres, CNN, 27 Mar. 2024

Together, these protectionist policies would drive up the cost of goods, create sweeping supply-chain issues and quite possibly cause hyperinflation. —Jonathan Mahler Edoardo Ballerini Emma Kehlbeck Joel Thibodeau, New York Times, 7 Apr. 2024

Word History

First Known Use

1880, in the meaning defined above

Kids Definition

hyperinflation

noun

hy·​per·​in·​fla·​tion -in-ˈflā-shən 

: inflation that increases very quickly over a short period of time

Medical Definition

hyperinflation

noun

hy·​per·​in·​fla·​tion ˌhī-pə-rin-ˈflā-shən 

: excessive inflation (as of the lungs)