re: Producer Price Index was up 9.6% in November, highest ever

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Hyperinflation is 3rd world stuff! Typically, an economy has to see an inflation rate of greater than 50% for at least a month before economists use the hyperinflation label.

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Thus why I clearly stated that it's "not hyperinflation".

We haven't seen inflation like what we have now in a generation, much less the compounding of that with what's still to come will take us into the realm of not having seen it in generations. That will inevitably cause some to claim it as hyperinflation.