Hyperinflation describes an unsustainable period of economic dysfunction characterized by price increases of at least 50% per month. These times of rapid, intense and destructive currency devaluation ...

Excerpt from Paper Money by "Adam Smith," (George J.W. Goodman), pp. 57-62. Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world leadership ...

Hyperinflation is a monetary condition of exceptionally high rates of inflation, often defined as monthly inflation rates of 50% or greater. The root cause of most hyperinflations is when governments ...