hyperinflation

noun

1. (countable, uncountable)Excessive inflation.

   “hyperinflation of the lungs”

2. (countable, uncountable)A very high rate of inflation.

   “Even though ten years elapsed between the German hyperinflation of 1923 and the seizure of power by Hitler, it is often suggested that the two events are causally related.”

   “Only inconvertible paper currencies can be expanded rapidly without limit to generate hyperinflation.”

   “When hyperinflation peaked, wheelbarrows full of money were required to shop for groceries.”

   “Javier Milei, a far-right libertarian presidential candidate, has made “dollarizing” Argentina a signature proposal of his campaign, hailing it as a cure for the country’s hyperinflation problem.”