- Hyperinflation refers to the rapid and unbridled rise in prices in an economy, typically at a rate exceeding 50% each month over time.
- Hyperinflation can occur in conditions affecting the core manufacturing economy, coupled with excessive central bank money printing.
- Hyperinflation can cause the price of essential goods such as food and fuel to spike as demand outstrips supply.
- While hyperinflationary scenarios are generally rare, they can get out of hand once they start.