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[stevens]

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.

[stevens]

Inflation refers to an overall increase in the Consumer Price Index (CPI)

[Medium Drink Of Water]

The concern is a snowball effect.  The last time we had hyperinflation it didn't start out as hyper either.

[zaozari]

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.

[ReadRothbard]

The Fed has special ways of avoiding hyperinflation at the expense of long-term growth, and they take that opportunity every time.