Hyperinflation is 50% MONTHLY. This is 20% annualized.
Which translates to 13 000 percent yearly, amazingly. Compound numbers often surprise me.
You should at least know what hyperinflation is before you make statements.
> Be kind. Don't be snarky. Have curious conversation; don't cross-examine. Please don't fulminate. Please don't sneer, including at the rest of the community.
I know it first-hand, lived through it after the fall of USSR.
Hovewer, I don't know the exact threshold to be considered "hyper", that's right.