25 ms·
Yes, hyperinflation is a universal regime-ending event, but 50% annual inflation (a more plausible target while the USD is the world's reserve currency) is no j
by lend000 6y ago
Yes, hyperinflation is a universal regime-ending event, but 50% annual inflation (a more plausible target while the USD is the world's reserve currency) is no joke, and would be on a completely different level than stagflation of the 70's. How it would play out in the world's largest economy is anyone's guess. Replaced hyperinflation with "major inflation" in my conclusion.