Yes precisely, because the similarity is that the US started the process of both times by starting expensive foreign wars and borrowing big to pay for them. Nixon dropped the Gold standard because countries holding USD (notably the French) were starting to get nervous about the massive waste of money in Vietnam and started demanding Gold for their USD. That was the true start to inflation in the 1970's, and very much a US-based event.

I didn't compare it to the Asian financial crisis of 1998 or the LTCM crisis of 1999 because the US didn't start those off.

My main point is the Vietnam ~= Iraq and Oil Crisis 1973/74 ~= Oil Price Spike 2007/8, so therefore hyperinflation 1975-1982 ~= hyperinflation 20009-??