Definition, Meaning & Synonyms

superinflation

Noun

/ˌsuː.pər.ɪnˈfleɪ.ʃən/

Definition

Superinflation is an extremely high and typically accelerating rate of inflation where prices soar rapidly and currency loses its value significantly.

Examples

During the 1920s, Germany experienced superinflation, causing the German mark to become nearly worthless.
Countries with excessive printing of money often face superinflation, drastically affecting the economy.
The economic crisis led to superinflation, resulting in daily price changes that bewildered consumers.

Meaning

It refers to a situation where inflation rates become so excessive that they create economic instability, leading to a severe devaluation of currency.