Indeed doubtful...hyperinflation would mean CPI price increases of at least 50% pe month...
That is according to the official definition
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Indeed doubtful...hyperinflation would mean CPI price increases of at least 50% pe month...
That is according to the official definition
Well, there’s another definition of hyperinflation that you have to learn for CFA that says hyperinflation is cumulative inflation of 100% over 3 years.
Either way, we’ve been printing money like crazy all over the world for about a decade... and inflation rates in the US are 1.6%. Don’t see how a gradual decrease in rates is gonna juice that to hyperinflationary levels.
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