There doesn't seem to be a generally agreed definition of exactly how high inflation has to be to be termed hyperinflation, but it seems most economists would agree that anything beyond 100% per month certainly qualifies as hyperinflation.

Using that definition I don't believe that we will get hyperinflation here.

I do believe that we will get historically quite high inflation, along the lines of the late 70s and early eighties. I think that we might have a slight, short term of falling prices, but when the coming deficit spending stimulus package hits, inflation will go up to 10%-15% per year for a few years.

Joe