Verb
(transitive) To inflate excessively.
Wishing for unlimited money would hyperinflate the market and make your money useless.
(intransitive) To be inflated excessively.
As the chest wall and lungs hyperinflate, they progressively resist further inflation by virtue of their elastic recoil characteristics.
(economics, transitive) To subject to hyperinflation.
Both economies recklessly decide to hyperinflate their currencies.