> When they go bankrupt economists like to use the term "Hyper Inflation". That's not what hyperinflation means. Hyperinflation is not the same thing as infla

> When they go bankrupt economists like to use the term "Hyper Inflation". That's not what hyperinflation means. Hyperinflation is not the same thing as inflation, it's not just a monetary phenomenon. It happens when a population rejects a currency. It has historically always involved at least one of: losing a war, regime change or foreign-denominated debt - some kind of exogenous event. [1] Hyperinflation is the collapse of an economic system in which one of the symptoms is dramatic decrease in purchasing power. [1] https://www.pragcap.com/hyperinflation-its-more-than-just-a-monetary-phenomenon/ https://www.pragcap.com/hyperinflation-its-more-than-just-a-...