Hyperinflation is the complete loss of faith in a currency. 1) Is it an inflation or not?
2) Is there nothing at all apparent right now that might lead to a complete loss of faith in the US Dollar?
I was working in Venezuela when hyerflation hit. You would always pay got your dinner and drinks on the way into a restaurant. I was in Argentina a few years when the idiots there had tied their Peso to the Dollar and just kept printing more Pesos until the bond market wouldn't but any more Pesos (other than Chavez) and the whole place crashed.
Don't accept the government tell you lies. Hyperinflation is real. Hyperinflation is the FED’s way of covering our debt with inflated Dollars.