Debt and money printing become a positive feedback loop once the government intervenes. There is no chance at reversal.

The government will spend money that doesn't exist, flood the economy with too many dollars causing demand to increase, and then the central banks try to raise interest rates as a result. The cycle repeats itself over and over again.

I don't expect to see hyperinflation soon, but there is a "greater than zero" probability of hyper inflation given the current protocol of reckless future borrowing, as far as USD is concerned. Most recently I've seen Argentine pesos inflate at triple digits, and the situation there has deteriorated quite rapidly. They're not at a hyperinflationary stage yet -- their central banks hiked interest rates rather severely.