While I agree with some of the financial conclusions, I’m finding it hard under current circumstances to see hyperinflation, Zimbabwe style.
The reason being, for that to happen, the actual money with all the new zeros on it has to get in to the hands of the populous.
So unless your boss kindly announces that everybodies salary is going up ten times as much next week, then how does it happen?
If 99% of the people are making say, eg. 30 bucks an hour, there is no way you will walk into a supermarket and see a jar of peanut butter that costs $86,000.99
The inflation will hit the big ticket imported items first. - The devaluation will be done out of necessity. - The jar of peanut butter may be irrelevant because it likely won’t even get produced. (along with a bunch of other things)