4 ms·

hyperinflation has always "been around the corner" by every financial crank with a blog. It's not coming.

• fuzz4lyfe 7y ago
  I'm not talking about weimar republic style hyperinflation my feeling is more on the order of 5 - 12% (maybe not even by CPI standards). Essentially 1970's style stagflation again. CA wages are already high a few years of that and Uber will be back at baseline.
• turtlecloud 7y ago
  What are you talking about? It’s already here. A home in Bay Area is close to 2 mil now lol.
  • xeromal 7y ago
    How much is a meal at mcdonalds?
  • Loughla 7y ago
    Why is a home in an unbelievably popular place to live, which is also full of massive amounts of new money, your measure of inflation? A home near me is about 100k for 2000 sq ft main floor. Does that mean inflation doesn't exist? What a weird argument.
  • notfromhere 7y ago
    that's localized inflation due to housing scarcity in the Bay, it's not hitting the economy as a whole.