Is it your assertion that at 5-10% inflation, the US economy would fall to third world status? I’m not sure what your intended connotation is here, but it would

Is it your assertion that at 5-10% inflation, the US economy would fall to third world status? I’m not sure what your intended connotation is here, but it would seem that the equation of mildly elevated inflation with “third world levels” is that these numbers foretell some sort of impending doom rather than some mild challenges for investors and supply chain managers.