UBS: The Risk Of Hyperinflation Is Largest In The US And The UK

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. (more)