Hyperinflation? No. Inflation? Yes. – Globe Asia – April 2013

Is hyperinflation coming to the U.S.?No. Hyperinflation arises only under the most extreme conditions, such as war, political mismanagement, or the transition from a command economy to a market-based economy. If you compare the U.S. to countries that have experienced hyperinflation – think Iran, North Korea, Zimbabwe, and the former Yugoslavia, for example – the U.S. doesn’t even come close.

Hyperinflation begins when a country experiences an inflation rate of greater than 50% percent per month – which comes out to about 13,000% per year. Although

it experienced elevated inflation around the time of the Revolution and the Civil War, the United States has never passed this magic mark. At present, the U.S. inflation rate, measured by the consumer price index (CPI), is less than 2% per year. So, to say that the U.S. is on its way to hyperinflation is just nonsense.

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