A politician who categorizes an inflation rate of 15% as hyperinflation would be criticized by an economist for using inaccurate terminology.

Name: A politician who categorizes an inflation rate of 15% as hyperinflation would be criticized by an economist for using inaccurate terminology.
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Question

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Hyperinflation is generally defined by economists as a sustained increase in prices of at least 50% per month. A rate of 15% would not meet this threshold, so labeling it as hyperinflation would be inaccurate.

A Politician Who Categorizes an Inflation Rate of 15% as Hyperinflation