When Prices Make No Sense
Ultimately, in any hyperinflation paper currencies become effectively worthless. In other words, the difference in "value" between, for example, a $10 bill and a $1000 bill shrinks smaller and smaller, eventually disappearing completely as both become worthless.
This directly implies a world of prices which are almost totally nominal/arbitrary -- i.e. without any meaning. What is the "correct price" for a loaf of bread...in Monopoly money? We immediately recognize that the question is absurd.
It's no different than asking what the "price" of a loaf of bread is in terms of grains of sand. As with U.S. dollars, the grains of sand can be obtained in infinite quantities, and at zero cost.
As I have explained previously, these parameters alone mean (as a matter of arithmetic) that the U.S. dollar must be
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