Current Purchasing Power Accounting is an accounting method that adjusts financial statements for changes in the general price level to maintain the purchasing power of shareholders' capital.
Double-Digit Inflation refers to an inflation rate of 10% per year or higher, significantly impacting purchasing power, savings, and economic stability.
Galloping inflation is an episode characterized by extraordinarily high inflation rates, leading to significant economic instability.
An analyst or investor enamored with gold as a significant investment, often recommending gold as a safe haven during economic uncertainties such as depressions or hyperinflation.
A situation in which levels of inflation are so high that money becomes virtually worthless and monetary exchange breaks down. The appropriate accounting treatment is set out in Section 31 of the Financial Reporting Standard applicable in the UK and Republic of Ireland. UK listed companies must apply International Accounting Standard 29.
An inflationary spiral is an episode of inflation in which price increases occur at an increasing rate, and currency rapidly loses value.
Strictly speaking, to engrave and produce physical currency. Connotatively, it means adding to the supply of money and credit for the purpose of monetizing debt or stimulating spending, implicitly leading to inflation or, at worst, hyperinflation.
