most of you know i went to Alaska to fish last month. 

i met a family group who are Austrian believers like many of us here.  the father in the group pulled out a torn, weathered German Mark of about 20M marks and gave it to me as a gift.  i about fell out of my chair thanking him for such a memento.  i kept asking telling him i can't believe this isn't worth alot given the significance of that era.  he kept saying don't worry about it, i got plenty more.  so being selfish i asked him if he'd send me a better conditioned one.

sure enough he mails me 5 different mint condition bills from around 1923, 3 Weimar, 1 Russian, and 1 something else.  one was like a 50M Mark.  anyways point being these things are still worthless all these years later.  why?

its because they were "printed" into existence and were impossible to remove from circulation once done.  this is why the 2 hyperinflations everyone always points to occurred; Zimbabwe and Weimar Germany.  they did not have mature debt markets like we do in the US.  this is why i don't think we see HT here.  these debt dollars (virtual dollars) will just vaporize on default thus shrinking the money supply to be gone forever.