To help prevent hyperinflation, a nation should:

• Reduce the volume of Hoarded Money. This requires a tax on Hoarded Money such as a Demurrage Tax. The need to hoard should be reduced by use of a government national pension scheme.
• Remove direct taxes on transactions such as Sales Tax. These are detrimental to a well-functioning economy and exacerbate fluctuations in the deficit. Replace it with a 0.1% Transaction Tax on all transactions.
• Reduce Income Tax. It is damaging to the economy. Partially replace it with taxes on land, wealth, death, inheritance and money holdings.
• Reduce the reliance of the people on government by removing business imposts. Remove depreciation requirements. Delay collection of Sales Tax. Give tax deferment to expanding businesses. Effectively allow businesses to borrow from their tax account. Allow early payment of tax to offset those that wish to delay tax payments. The tax account can become a little like a bank account.
• Encourage Alternative Currencies.
• Encourage Alternative Currencies backed by local or state governments.
• Read the book by Hjalmar Schacht. “The Magic of Money” (1967)