Even moderate inflation will wreck this economy. A debt payment of 300 million, if inflation doubles becomes 600 million, and if it triples (7%), it becomes a trillion.
I remember being taught that one should count on inflation averaging about 6%.
Hyperinflation will start a depression or something worse, whatever that might be.
Thinks Brazil in the 'eighties and early 'nineties, or Bosnia in 1992-1993.