Prediction record

Hiteconomy

US inflation will fall rapidly (disinflation, not hyperinflation) in the second half of 2023.

A scored record for Benjamin Cowen, made on .

VideoPrimary sourceeconomy

Scored record

Hiteconomy

we're much more likely to have rapid disinflation during the second half of this year than we are to have hyperinflation

US inflation will fall rapidly (disinflation, not hyperinflation) in the second half of 2023.

Made on
2023-03-22
Outcome
Hit
Importance
5 / 5
Contribution
+4.6

Criterion

Resolution status
resolved
Resolved on
2023-12-31

US core inflation declines meaningfully over 2023-H2 with no sustained re-acceleration; hyperinflation does not occur.

Written criterion (core inflation declines meaningfully over 2023-H2, no sustained re-acceleration, no hyperinflation) is satisfied on both core CPI and core PCE. Hyperinflation plainly did not occur (single-digit, falling YoY rates). No outcome value assigned.

Sources

  • FOMC and Bitcoin

    YouTube ·

    Source

Outcome evidence

  • Core CPI (all items less food and energy) YoY was 4.8% in June 2023 and fell to ~3.9% by December 2023 — a meaningful, monotonic decline across H2 2023 with no sustained re-acceleration (per BLS CPI releases).

    Evidence

  • Core PCE (the Fed's preferred gauge) YoY fell to 2.9% for December 2023, down from ~4%+ mid-year; on a 6-month-annualized basis core inflation ran near the 2% target in H2 2023. Disinflation, not hyperinflation.

    Evidence

Corrections

No public corrections.

Score contribution

+4.6
Confidence
80%
Outcome
Hit
Importance
5 / 5
Contribution
+4.6

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

US inflation will fall rapidly (disinflation, not hyperinfl…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2023-03-22

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Evidence firstMethodology