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To: jennychase; CottonBall

Hyperinflation occurs when prices have risen by more than 50% per month over a period of time.

Whereas normal inflation is measured in terms of monthly price increases, hyperinflation is measured in terms of exponential daily increases that can approach 5% to 10% a day. Hyperinflation occurs when the inflation rate exceeds 50% for a period of a month.

https://www.investopedia.com/terms/h/hyperinflation.asp


1,119 posted on 04/07/2022 5:42:05 AM PDT by Rusty0604 (" When you can't make them see the light, make them feel the heat." -Ronald Reagan)
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To: Rusty0604

Thanks for the definition. Yeah hyperinflation has rarely occurred. I remember reading in the Weimar Republic people would get paid at the end of the day and go and spend it immediately because the next day it would be worth less. And they didn’t want to wait 2 weeks for a paycheck, they needed it daily.


1,139 posted on 04/07/2022 6:46:50 AM PDT by CottonBall (“Fascism should be called corporatism because it is a merger of state & corporate power" - Mussolini)
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