Not necessarely hyper-inflation, but stagflation is granted. I have been betting in stagflation since the beginning of the crisis.
Which leads to another question. Redengin what will the kyenesian academia do when stagflation happens again and its too obvious to blame it on the oil producers again?
Lets make this a separate topic thread:
What can be done about stagflation?
But for now, I'm more interested in why you believe increased inflation (as a component of stagflation) is inevitable.