What is hyper inflationary economy?

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What does hyperinflation mean for an economy? Is it bad or good if an economy has hyperinflation? Is it wise to invest in a hyper inflationary economy?

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score 0 · Answer 1 · 2012-12-02T22:34:57+00:00

Its an economy with extremely high rates of inflation which is also increasing as time passes. Money loses its value fast in a hyper inflationary economy. There are cases where countries had more than 15,000% of annual rate of inflation or in other words the prices would increase by 15,000% in a single year.