Episodes of extreme, self-reinforcing inflation in which a currency loses most or all of its value within months, the inflation-crisis category of the discipline's own crisis taxonomy. Belongs here: a hyperinflation episode considered as the collapse of one currency's own value. Does not belong here: an ordinary currency devaluation or sovereign default that does not reach hyperinflationary levels, grouped under Sovereign Debt and Currency Crises.
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1. Hyperinflation (Wikipedia)
WikipediaHyperinflation, French hyperinflation exceptionQuote, Hyperinflation, French hyperinflation exception
Most hyperinflations in history, with some exceptions, such as the French hyperinflation of 1789 to 1796, occurred after the use of fiat currency became widespread in the late 19th century.
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