How does hyperinflation affect investment? Title says it all - how does hyperinflation affect investment and how does this differ from how creeping inflation might affect investment?
Hyperinflation has great negative impact on the entire economy, as it makes it very difficult for households and businesses to plan long term projects and protect their wealth and earning power, reducing the real growth of the economy. 

Inflation increases the nominal yield of investment securities and erodes the value of a currency. You can get more information on inflation effects on investment from this PIMCO primer.