shadowstats.com has some interesting articles on inflation and the risk of hyper-inflation. You can view the basic charts and papers without a subscription. Shadowstats is showing inflation averaging over 6%/year for the last 5 years (calculated with the formula used up until 1990) Much closer to what most of us see in real world prices.
The section “Primers on Government Economic Reports” lets you drive down to CPI for an analysis of what is really happening and why it is so different than headline CPI.
