Last updated Nov 29, 2025
Chamath @ 00:35:28Inconclusive
economy
From 2021 onward, in advanced economies with significant technology-driven deflationary sectors (such as the United States), true hyperinflation (runaway price inflation of the type seen in Weimar Germany or Venezuela) will not occur because structural forces make such hyperinflation no longer possible.
I don't think that it's even possible to actually have hyperinflation anymore.View on YouTube
Explanation

Based on data up to November 30, 2025, no advanced economy like the United States, the euro area, Japan, or the U.K. has experienced hyperinflation (typically defined as 50%+ per month price increases) since Chamath’s 2021 statement.

  • In the U.S., CPI inflation peaked at about 9% year‑over‑year in mid‑2022, which is historically high but nowhere near hyperinflation levels, and then fell back toward the Fed’s target range by 2023–2024.
  • Similar patterns of elevated but not runaway inflation occurred in other advanced economies; none approached the Weimar Germany / Venezuela style collapses implied by true hyperinflation over 2021–2025.

However, his normalized claim is essentially structural and open‑ended in time: that in advanced tech‑heavy economies “true hyperinflation… will not occur” because it is “not even possible… anymore.” Whether such a strong, unconditional statement holds for all future years cannot be determined as of 2025; the absence of hyperinflation over ~4 years is evidence in its favor but not decisive proof that it is no longer possible.

Because the forecast concerns an effectively indefinite future state of the world and has not been falsified but also cannot yet be definitively confirmed, the correct classification as of now is “inconclusive (too early)”.