The big risk now for the US is not hyperinflation, but long-term elevated inflation rates

Pažický, M. & Falath, J. (7 January 2022) The big risk now for the US is not hyperinflation, but long-term elevated inflation rates. USApp – American Politics and Policy Blog.
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Inflation is back. Although rates are expected to recede during 2022, write Martin Pažický (Institute for Financial Policy, Slovakia) and Juraj Falath (National Bank of Slovakia), there is considerable uncertainty and the Fed needs to act now to avoid having to reverse course later.

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