The average person can't hedge their savings/income etc against hyper inflation fast enough.
Usually people just flee to the most convenient hard currency, like the US dollar, then every pay check is a race to convert it before its value drops.
But a lot of those paychecks are not inflation indexed.
Basically hyper inflation makes it impossibly hard to preserve any kind of liquid or semi-liquid wealth.
You can only hope to have all our wealth in things like real estate or perhaps gold. Although dry beans, rice and salted bacon are probably better then gold.
You can't eat gold, and I'm not sure you can trade it for food in some of the worst parts of Zimbabwe.
Usually people just flee to the most convenient hard currency, like the US dollar, then every pay check is a race to convert it before its value drops.
But a lot of those paychecks are not inflation indexed.
Basically hyper inflation makes it impossibly hard to preserve any kind of liquid or semi-liquid wealth.
You can only hope to have all our wealth in things like real estate or perhaps gold. Although dry beans, rice and salted bacon are probably better then gold. You can't eat gold, and I'm not sure you can trade it for food in some of the worst parts of Zimbabwe.