Hyperinflation as always coincided with a drop in production, rather than an increase of the money supply. Governments (and old economists) often seems to think

Hyperinflation as always coincided with a drop in production, rather than an increase of the money supply. Governments (and old economists) often seems to think that fludifying the economy is what it take for people to create again but never work, and the problem worsen. MMT response to hyperinflation will be: tax more, Gvt borrow more, and guaranty more jobs (as job security is supposed to protect against inflation in MMT). I don't know if it will work, but i think its time we tried this instead of printing more money.