The course of events in a hyperinflationary scenario can be summarised as follows:
- Chronic government deficits
- Debt issuance and money printing escalating rapidly
- Bonds falling – interest rates rising fast
- Currency collapsing
The above process turns into a vicious circle that accelerates quickly. The more money the government prints, the faster the currency will fall and the faster the currency falls the more money the government must print…
https://goldswitzerland.com/hyperinflation-is-nigh-so-gold-will-go-high/