Reply To: Hyper-Inflation


Typically, the government that caused the hyperinflation supplants the hyperinflated currency with a new currency.

The problem with destroying part of the existing money supply is that what causes prices to hyperinflate is a collapse of the demand to hold money. Once in a hyperinflation, people begin to use other media of exchange or revert to barter.

Here is Han Sennholz on the German hyperinflation of the 1920s: