Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation is a measure of the pace of rising prices for goods and services, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month.
Inflation refers to an overall increase in the Consumer Price Index (CPI)
The concern is a snowball effect. The last time we had hyperinflation it didn't start out as hyper either.
Some time ago the EU was at the threshold of DEFLATION....some coutries even reached it, I think for example Germany, for a trimester (around minus 0,2%). In my opinion that was mainly due to a stupidly too rigid monetary policy of the Europe Central Bank that even curtails investment and development of less developed countries. It makes the Euro excessively strong.
The Fed has special ways of avoiding hyperinflation at the expense of long-term growth, and they take that opportunity every time.
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