Hyperinflation
Rapidly accelerating inflation
📊 Rating
2 news mentions · 👍 0 likes · 👎 0 dislikes
📌 Topics
- Economy (1)
- Politics (1)
- Inflation (1)
- Political Crisis (1)
- Economic Collapse (1)
- Governance (1)
🏷️ Keywords
Hyperinflation (2) · Argentina (1) · Javier Milei (1) · Consumer Price Index (1) · Austerity (1) · INDEC (1) · Economic Crisis (1) · Venezuela (1) · Nicolás Maduro (1) · PSUV (1) · Political desertion (1) · Socialist Party (1) · Economic crisis (1)
📖 Key Information
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies.
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🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside Hyperinflation:
- 👤 Socialist Party (1 shared articles)
- 🌐 United Socialist Party of Venezuela (1 shared articles)
- 🌐 Venezuela (1 shared articles)
- 🌐 Argentina (1 shared articles)
- 🌐 Consumer price index (1 shared articles)
- 👤 Javier Milei (1 shared articles)
- 🌐 Austerity (1 shared articles)