No, Hyperinflation Is Not Right Around the Corner

Source: American Institute for Economic Research
by Peter C Earle

“Presently there are indications that markets and consumers expect inflation to be high for a while and then recede. If markets prove wrong, arbitrage opportunities will emerge. Consumer expectations may be wrong, but at present they do not indicate that persistently high inflation such as occurred in the 1970s (and which was also not a hyperinflation) is likely.” (09/13/22)