John Williams and Shadowstats have been forecasting hyperinflation at least since I first read him about five years ago.
Well the Fed has pumped 2-3 trillion into the economy and guess what NO INFLATION.
An please don’t even think about how prices for things are going up all around us - that is NOT monetary inflation, which is what Williams is talking about. Increasing prices are primarily due to supply and demand, less supply of corn higher prices, but not monetary inflation.
Lurking’
The Fed has bought mortgage securities from banks and treasuries from politicians. That raised some commodity prices and put a floor under home prices but didn't do much for consumer demand. Mostly the inflation by the Fed is getting exported to various places. E.g. the Chinese who want to export to us have to print up their currency to keep pegging it (more or less) to the dollar. So their prices rise, not ours.
Yes. No one can predict when hyper-inflation will start. The Fed has created the conditions under which hyper-inflation could occur, but it only happens when hundreds of millions of citizens lose faith in the purchasing power of the currency.
Lots of people are talking about that, but it hasn't really happened yet. No one can say when it will; though conditions are ripening.
Ah, that IS inflation. Look it up in the dictionary. Inflation is the increase in the money supply. What prices do after that is go up at different rates in different industries and the new money flows through the economy. Ask your wife about prices at the grocery store.