In Hungary just after World War II, prices doubled every 15 hours. Much more recently, in Zimbabwe, prices doubled every day. In the troubled Yugoslavia of the 1990s, inflation hit 50% a year.

Can hyperinflation happen in the US?

Theoretically, the answer is “possibly.” Realistically, the answer is “not likely.” Let's take a look at hyperinflation and evaluate the possibility of inflation on steroids taking root in the US economy.

When and where did hyperinflation occur?

1. Hungary 1946. The worst case of hyperinflation ever recorded occurred in Hungary in the first half of 1946.