Definitions by SupportFreedom1
hyperstagflation
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.
hyperstagflation by SupportFreedom1 August 23, 2009
Hyper Stagflation
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.
Hyper Stagflation by SupportFreedom1 August 23, 2009