Do you believe in hyperinflation ??

[Lisandro Garcia]

Do you believe in hyperinflation??Seems like every where i turn I'm hearing this word ... It's a very scary word  sounds like a horror movie . Guess the government  are the ones with the mask ,.. Lol :) 
My question is do u believe in hyperinflation  .. If you do how are you preparing for it ???

Me myself I do believe the gap between the rich and poor is increasing everyday . !!!! 

[Eric M.]

Exactly, James. Lots of people like to throw the word around. Keep the fear alive!!
But it is very rare indeed. It isn't something that just arises out of high debt or rising money supply. There are several factors that must converge at the same moment in time and they must converge on the right country at the right time.
It is not enough to find 1 or 2 similarities between the US now and other countries which experienced hyperinflation. You have to go much deeper than that.
Unfortunately most people don't go deeper. They read a misleading headline and jump to wild conclusions.
In the current real world, you should fear the effects of stagnation or deflation much more than hyperinflation. It is economically impossible for an economy to be teetering on the edge between deflation and hyperinflation. But if you listen to the kooks mostly on a certain cable "news" channel, that is apparently where we are.
It is ridiculous.
Is it reasonable to prepare for some inflation? Sure. But talk of hyperinflation is simply that...hyperbole.