> There’s no actual definition of ‘hyperinflation’ that I’m aware of in the macroeconomic literature There are plenty of definitions, just none that are univer

> There’s no actual definition of ‘hyperinflation’ that I’m aware of in the macroeconomic literature There are plenty of definitions, just none that are universally accepted. It’s similar to “recession”, which in the USA means two quarters of negative GDP growth but isn’t a universally agreed definition. Colloquially, in the USA, “hyperinflation” refers to Average price increases of over one hundred percent per year for a “basket of goods”.