The Economics of Money and Banking Chapter 11 Inflation and Deflation 》Types of Inflation 1 Criteria:the speed of price rise Overview of Inflation Creeping inflation or Moderate inflation ■ Galloping inflation or runaway inflation ■Hyper inflation 5 GUO YING SEM TONGJI UNIVERSITYThe Economics of Money and Banking 5 GUO YING SEM TONGJI UNIVERSITY 1Overview of Inflation Types of Inflation  Creeping inflation or Moderate inflation  Galloping inflation or runaway inflation  Hyper inflation Criteria: the speed of price rise Chapter 11 Inflation and Deflation