43 sats \ 2 replies \ @oliverweiss 26 Jun \ on: Is hyperinflation coming to the US? lol
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?
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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