Inflation that is out of control is referred to as .?

Inflation that is out of control is referred to as hyperinflation. This phenomenon occurs when prices increase rapidly and uncontrollably, often exceeding 50% per month, leading to a significant erosion of purchasing power. Hyperinflation can destabilize economies and erode confidence in a currency, prompting people to seek alternative means of exchange. Historical examples include Zimbabwe in the late 2000s and Germany during the Weimar Republic in the 1920s.