Hyperinflation can occur in circumstances affecting the underlying production economy, in conjunction with a central bank printing excessive money. Hyperinflation can cause a surge in prices for essential goods—such as food and fuel—as demand outpaces supply.
Right now I think the supply is being artificially restricted and alot is via manipulation of the markets to meet net zero targets and push the green agenda.
Animal and dairy products are next on their target list and prices are going to get really crazy soon, all to discourage us from eating or using meat products.
Plus also product sizes have decreased to level’s you cannot really make any smaller, to hide the inflation via shrinkflation.
The central banks print more and more fiat and just raise the debt ceiling to a higher level at some point, it’s going to fall very quickly and a new monetary system will be needed. Which they already pushing. Cashless society and a digital social credit scoring system. Via which they will be able to restrict our consumptions and movements all in the name of saving the planet and us from ourselves.