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Glossary Term: HYPERINFLATION

Definition(s) for HYPERINFLATION:


1. ) refers to a very high level of inflation that tends to result in the breakdown of the monetary system, the hoarding of goods, and difficulty in achieving real economic growth. The classic case of hyperinflation occurred in Germany during the 1920s. Hyperinflation, which tends to motivate people to own real goods, adversely affects security prices.



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