Definition of "hyperinflation" []

• Extremely high monetary inflation. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "I purposely avoid using the term hyperinflation as it connotes with the Quantity Theory of Money, which is not really a theory."
• "The press will have a lot to answer for when Camelot Lite implodes in hyperinflation & corruption."
• "Once you are not in hyperinflation anymore (for example, Turkey from 2005 onwards), then, with an annual inflation rate anywhere from 2% to 20% for as many years as you want, you are prohibited from updating constant real value non-monetary items."