10/09/2026
Hyperinflation is coming?!?!?!!
President Donald Trump did not say hyperinflation is coming.
In fact, during recent public remarks in October 2026, he claimed the exact opposite, stating that the U.S. has βalmost no inflationβ.
The confusion may stem from a combination of recent events regarding his administrationβs economic talking points and global news:
β’ βI Love the Inflationβ Controversy: Earlier this year, Trump sparked heavy debate when he told reporters βI love the inflationβ. He was downplaying a temporary spike in consumer prices driven by energy shocks from the war with Iran, arguing that it would βcome down like a rockβ once the conflict ends.
β’ Inflating Away National Debt: In early October 2026, Trump publically suggested that βcertain levels of inflation will also pay off that debt very rapidly,β leading economists to accuse him of soft-launching higher tolerated inflation as a tool to shrink the U.S. national debt.
β’ Actual Hyperinflation References: When Trump or his administration mention hyperinflation, they are typically referring to foreign adversaries. For instance, he recently pointed to Iranβs economy, noting that it is currently struggling with nearly 300% inflation.
While critics and bond markets have reacted sharply to his comments about using mild inflation to manage national debt, Trump himself has consistently downplayed domestic inflation risks rather than warning of a hyperinflation crisis.
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