Jim Rickards: Hyperinflation Can Happen Much Faster Than You Think
BY JAMES RICKARDS There’s no universally agreed-upon definition of hyperinflation. But one widely used benchmark says hyperinflation exists when prices increase 50% or more in a single month. So if gasoline is $3.00 per gallon in January, $4.50 per gallon in February and $6.75 per gallon in March and the prices of food and other essentials … Read more