Since the US is printing an International Reserve currency, I would stand by the definition I made a decade ago that for the US Dollar Hyperinflation starts at 25% annual inflation. Shadow Stats says we are at just above 15% inflation if you use the statistical measures of 1980. That means we are already more than 60% of the way to taking permanent 60% cuts in our wages and pensions. Due to the laws of compound interest, a 25% inflation rate means that foreigners holding dollars will lose half their purchasing power every 3 years. That gives them a strong incentive to get out of dollars and into commodities, farm lands and strategic underground bunkers. America lives on the kindness of strangers willing to accept paper for commodities, cars, electronics, clothes and overseas vacations. https://earthnewspaper.com/hyperinflation-before-election-day-november-2024-by-video-rebel
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Due to the laws of compound interest, a 25% inflation rate means that foreigners holding dollars will lose half their purchasing power every 3 years. That gives them a strong incentive to get out of dollars and into commodities, farm lands and strategic underground bunkers.
Due to the laws of compound interest, a 25% inflation rate means that foreigners holding dollars will lose half their purchasing power every 3 years. That gives them a strong incentive to get out of dollars and into commodities, farm lands and strategic underground bunkers.