Where hyperinflation really threatens

| May 26, 2021 | Leave a Comment

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Date of Publication: April 12

Year of Publication: 2021

Publication City: London, UK

Publisher: Surplus Energy Economics

Author(s): Tim Morgan

NOT GROCERIES, NOT WAGES – SYSTEMIC EXPOSURE

Right now, the outlook for inflation – or, conversely, for deflation – is one of the hottest topics of economic debate. Some observers contend that the sheer scale of financial intervention triggered by the coronavirus crisis has made soaring inflation inevitable. Others argue that, on the contrary, the weakness of the underlying economy makes deflation the greater risk.

The real threat, without a doubt, is inflation.

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