Skip to main content
Advertising

Originally published Saturday, July 27, 2013 at 8:05 PM

  • Share:
           
  • Comments (0)
  • Print

Coming to terms: Hyperinflation

Some countries have experienced hyperinflation where prices can double in a few days — or hours!

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

Q: What is hyperinflation?

A: Americans are used to ordinary inflation, with our prices tending to rise by around 2 to 4 percent each year. Some countries have experienced hyperinflation, though, where prices can double in a few days — or hours!

Just a few years ago, for example, Zimbabwe experienced the chaos of hyperinflation, with prices doubling in the time it might take you to read this newspaper page.

You might buy a loaf of bread with a bill that sports 12 zeros on it. A month later, you’d need to add several more zeros.

News where, when and how you want it

Email Icon

The summer is wide open.

The summer is wide open.

Follow our three-part "Washington's National Parks" series running through August 10 for an in-depth look at some of our local treasures.

Advertising

Advertising


Advertising
The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►