4 ms·
I don't think anyone is worried about hyper-inflation right now. You almost always have a out of control printing press behind hyper-inflation. The risk is more
by cm2187 4y ago
I don't think anyone is worried about hyper-inflation right now. You almost always have a out of control printing press behind hyper-inflation. The risk is more 1970s style high inflation. And I am not saying that rising wages caused the current inflation printing, just that the causes of the current inflation printings are mostly one-offs, and that it is wages that will cause this to become a cycle like it was in most previous high inflation environments.