=> Is a fancy comma (,). It allows you to say

print I => AM => NOT => QUOTING => WORDS => TIMES => 5;
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which would print IAMNOTQUOTINGWORDSTIMES5

Using this fancy comma doesn't make a hash. A hash is a "data structure", and I => AM => NOT => QUOTING => WORDS => TIMES => 5 is a list.

Now you can do many things with lists. You can create arrays ( also data structures )

my @ARRAY = ( I => AM => NOT => QUOTING => WORDS => TIMES => 5 );
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and you can create hashes

my %HASH = ( I => AM => NOT => QUOTING => WORDS => TIMES => 5 );
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. Do you follow now?

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** The Third rule of perl club is a statement of fact: pod is sexy.