Hyperinflation appears to be coming to the US, and soon. The price of cocoa has signaled this by rising sharply, and Simon White of Bloomberg contends the sudden jump in cocoa price prefigures a corresponding increase in silver prices.
But even before this jump in cocoa prices, the US dollar had already begun to show signs of weakness as a global reserve currency vis-à-vis other currencies. Weakness in the dollar can itself be a signal that inflation, if not hyperinflation, is coming in the months ahead.
Seriously?? Cocoa prices indicate hyperinflation in USA??
WTF!
LMAO! You Chinese media!!!!!
Even if you do an exercise and accept that cocoa prices, which skyrocketed globally, would indicate hyperinflation, why would this be the case in the USA only and not in China, and pretty much every other country?
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This is why the original distinction between "inflation" (more money units) and its consequence (rising prices) is important.
A single commodity rising in price sharply for supply or demand reasons has nothing to do with inflation.
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But this Chinese LOL media does make it a case for hyperinflation, not even inflation, for USA.
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I don't think so. Media can say anything.
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Honestly, inflation has already come. This video showing 400% inflation is a perfect example. The facts don't lie here.
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My question is, isn't there hyperinflation right now in the US? What can we consider hyperinflation and what can we consider just normal inflation?
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In all probability, It's minor inflation in US.
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chinadaily 🤣🤣🤣
The bigger fear right now should be a recession imo. But we'll see. Nobody can see the future.
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Yes, It's quite amusing. That's why I put it in ~lol.
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Okay! It's fine. I can believe but first give us a news of 'hyperdeflation' in China on account of All time low real estate prices ...
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Hyperinflation in China!! Interesting!!
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