4 ms·
Sustained 10% year over year inflation is hyper inflation, which was a real possibility without any serious interest rate hikes and no change in fiscal policy
by ThunderSizzle 4y ago
Sustained 10% year over year inflation is hyper inflation, which was a real possibility without any serious interest rate hikes and no change in fiscal policy from Congress.
- lamontcg 4y agohyperinflation is generally defined as over a 50% monthly inflation rate or more than a 12974.63% yearly inflation rate.