UBS: The Risk Of Hyperinflation Is Largest In The US And The UK
July 17, 2012
To be clear, UBS does not think hyperinflation is imminent. They estimate that there is less than a 10 percent chance over the next 12 months.
But according to a new report by UBS’s Caesar Lack, the risk of hyperinflation is greatest in the U.S. and the U.K.
“Although we see a very small chance of hyperinflation in the near future, the risk should not be neglected, particularly given the ongoing unsustainable global fiscal and monetary expansion,” writes Lack.
UBS examines it at length in the latest entry in their “Global Risk Watch” series.