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Home › Forums › Financial Markets/Economics › Risk of hyperinflation serious now? › Depends on what you think

April 22, 2014 at 4:45 PM #773173
The-Shoveler
Participant

Depends on what you think hyperinflation is.

10% inflation is not hyperinflation to me, it is high inflation but not hyperinflation.

>30% is hyperinflation to me which I think is extremely unlikely.

but 10% inflation is very likely IMO

The Raise the minimum wage is really gaining steam IMO.
Jesse is right also MO.
Work 40 or more hours a week, earn a living wage, like it or not I think it is coming.

http://video.cnbc.com/gallery/?video=3000269436&__source=yahoo%7cheadline%7cquote%7cvideo%7c&par=yahoo

(well at least in this subject), he is probably mostly right in a lot of other things but he does take it to a bit of an extreme.