rate as percentage of GDP was still just 12 percent versus

Hyperinflation, here, has a clear quantitative definition: prices rising by at least 50% per month. (Remember that, the next time some starts talking about how US monetary policy risks causing hyperinflation.) And after some three years' work, Hanke and Krus have managed to come up with an exhaustive list of every hyperinflationary episode in history - 56 in all, or 57 if you include North Korea in early 2010, where the data aren't solid enough to merit inclusion in the list.

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