Hosted on MSN

What Is Hyperinflation?

Hyperinflation describes an unsustainable period of economic dysfunction characterized by price increases of at least 50% per month. These times of rapid, intense and destructive currency devaluation ...
Citations: Waisman, Caio, Eduardo Zilberman, Joao Mello. 2014. The Effects of Exposure to Hyperinflation on Occupational Choice. Journal of Economic Behavior and Organization. 109-123.