> Hyperinflation is the phenomenon when people wake up and realise that real estate and prices rising is not a function of real prices increasing but rather the

> Hyperinflation is the phenomenon when people wake up and realise that real estate and prices rising is not a function of real prices increasing but rather their money losing value. That is not actually what hyperinflation means. > We already have extreme asset price inflation... Sure, but we don't have asset price hyperinflation. > In my opinion it is only a matter of time before people realise what is going on, start dumping their dollars/euros/pounds/etc., and use something else for their daily transactions and savings, probably crypto at first. Dump the dollars for what? Most people have no savings, they have a monthly paycheck that goes right to expenses for the most part. That alone greatly limits the velocity of money and therefore the rate of inflation. Those people that (rightly) expect inflation (not hyperinflation) have already piled into other asset classes. Either way, there can't be hyperinflation without a commensurate increase in money supply, which can't be achieved just by people spending their money more quickly. > It is worth noting that every fiat currency throughout history, without exception, has hyperinflated and collapsed to nothing. That is untrue. Hyperinflation is exceptional. Inflation over a long time can erode a lot of the value, but that isn't hyperinflation and it's not necessarily a problem either.