Regarding the link: there are many countries that went through sharp supply shocks and didn't experience hyperinflation. Hyperinflation is not the result of a s

Regarding the link: there are many countries that went through sharp supply shocks and didn't experience hyperinflation. Hyperinflation is not the result of a supply shock; it is a result of a particular method of dealing with that shock (that is, raising the revenue through printing money aka segniorage taxation) getting out of hand. Printing money is not by itself "evil" except in the eyes of several internet libertarians, and there is a reason it has been so popular: it is the easiest way to raise some money fast. It will always result in inflation, that's how it is paid. If the sovereign is sensible, that could also be how it ends. Hyperinflation is quite another matter though: it is destructive to everyone, it is always a result of bad policy (that is, pushing segniorage beyond its' limits), and when and how it kicks in depends exactly on faith.