Vital Signs: Chill, this week's news on wages points to anything but hyperinflation

Written by The Conversation

Suddenly people are talking about inflation, even hyperinflation, in a way they haven’t since the 1980s.

In October the United States posted its highest annual consumer price index increase in 30 years, with inflation up 6.2% and “core” (excluding volatile prices) inflation of 4.6%.

US underlying inflation

Vital Signs: Chill, this week's news on wages points to anything but hyperinflation

US consumer price index...

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