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English definition of “hyperinflation”

hyperinflation

noun [U] uk   /ˌhaɪ.pə.rɪnˈfleɪʃ.ən/ us    /-pɚ.ɪn-/
a condition where the price of everything in a national economy goes out of control and increases very quicklyValue and price increasesEconomics and the state of the economy
(Definition of hyperinflation from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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