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galloping inflation - translation to russian
galloping inflation
![Inflation rates among members of the [[International Monetary Fund]] in April 2023.](https://commons.wikimedia.org/wiki/Special:FilePath/World inflation rate April 2023.png?width=200 "Inflation rates among members of the [[International Monetary Fund]] in April 2023.")
INFLATION THAT DEVELOPS AT A RAPID PACE
[,gæləpɪŋɪn'fleɪʃtn]
общая лексика
"галопирующая инфляция" (высокий и непрерывно растущий уровень инфляции в Великобритании в 70-е гг.)
monetary inflation
SUSTAINED INCREASE IN A NATION'S MONEY SUPPLY
Inflation (monetary); Monetary Inflation; Inflation risk
инфляция, вызванная чрезмерным расширением денежного обращения
Definition
inflation
n.
1) to cause inflation
2) to control, curb inflation
3) creeping; double-digit; galloping, rampant, runaway, uncontrolled inflation
Wikipedia
Galloping inflation
Galloping inflation (also jumping inflation) is one that develops at a rapid pace (dual or triple-digit annual rates), perhaps only for a brief period of time. Such form of inflation is dangerous for the economy as it mostly affects the middle and low-income classes of population.
Examples of use of galloping inflation
1. Monetarism arose as a response to galloping inflation in the United States in the 1'70s.
2. The economy could go badly wrong, with soaring unemployment or galloping inflation.
3. In the long term, further GDP growth may allow for more spending without ruble appreciation and galloping inflation.
4. Tsvangirai said the elections were a waste of money at a time of serious food shortages, growing unemployment and galloping inflation.
5. Union leaders had called again for mass action on Wednesday to protest against a wage freeze demanded by Mugabe as galloping inflation and severe food, fuel and foreign currency shortages ravage the country.
