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The definition of hyperinflation

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November 01, 2010 – Comments (4)

http://www.businessdictionary.com/definition/hyperinflation.html

Cagan's definition is the one used.  50% inflation per month.  We are not going to have 50% increase per month.

We will have high inflation, super duper inflation, monster inflation, skoopy doop puddin dooper inflation....call it whatever you want, stop using the word hyperinflation.

4 Comments – Post Your Own

#1) On November 01, 2010 at 11:03 AM, Melaschasm (52.15) wrote:

I would be surprised if we have 50% inflation in a year, based upon official US calculations.

However, 10% inflation for a couple years could be a big shock to people.

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#2) On November 01, 2010 at 5:49 PM, PainterPoker (21.97) wrote:

Inflation... Big time!

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#3) On November 05, 2010 at 7:38 PM, SockMarket (44.52) wrote:

The definition that I got in my econ 101 class was 200%/yr

same basic point still holds though.

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#4) On November 05, 2010 at 7:46 PM, starbucks4ever (98.50) wrote:

Don't be so sure. The chance of huge hyperinflation is quite low, but it exists. Remember, when it starts, many well-connected people learn how to benefit from it, and then it becomes hard to stop it.

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