Hyperinflation is defined as out of control spiral inflation. So basically the prices of everything just continue to skyrocket. IE.....100% inflation or 500% inflation. Or basically a gallon of gas goes up 500% in 1 year, or 5 times what it is now. $3 per gallon and then in 12 months it is $15/gallon. Hyperinflation was created in Germany in the 1920's after the Germans had to pay 120 billion German marks to the Allies for War reparations after they started WW1. So they printed the Mark to the point of where it was worthless paper. I think Germany was the first Western country to experience hyperinflation, I could be wrong. Hope and Pray that this never happens in the USA. Crude oil is priced in Dollars around the Globe, and the Arabs were told several decades ago to price their oil in Dollars and we (the USA) will make them very rich. And we have. If your insurance has gone up 30% then price around. You dont have a choice in Gas/oil/diesel. Food....grow your own, eat less.
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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