Top Definition
A period of extremely slow economic growth and extremely high unemployment, while prices continue to rise, all of which are above normal crises levels.
If Obama continues to print and spend fiat money (regardless of the deficit) and that money permeates the economy and does not create jobs, we will eventually experience hyperstagflation.
#economic disaster #economic explosion #greatest depression #obamanomics #change we can't believe in
by SupportFreedom1 August 23, 2009
A period of extremely slow economic growth, if any, and extremely high unemployment, while prices continue to rise, all of which are above normal crises levels.
If Obama continues to print and spend fiat money (regardless of the deficit) and that money permeates the economy and does not create jobs, we will eventually experience hyper stagflation.
#economic disaster #economic explosion #greatest depression #obamanomics #change we can't believe in
by SupportFreedom1 August 23, 2009
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