At a workshop I attended last year I met a German immigrant and I asked him how his ancestors were affected by the hyperinflation in Weimar Germany and he said "hyperinflation is the worst thing imaginable," and went on to say that his great uncle committed suicide as a result of having lost everything.
While researching the topic of hyperinflation i came across this blogpost which explains the phenomenon pretty nicely and it is eerie how our current economic masters, whether through treason or incompetence, seem to be leading us to hyperinflation:
http://www.scribd.com/doc/37664030/FOFOA-Hyperinflation^^Reference the “deflationary head fake” on the diagram on p. 3 of FOFOA’s blogpost : I intend to be on the lookout for this event.
I expect many deflationary bouts before the "head fake" that are triggered intentionally by TPTB to cause selloffs in commodities that they're hoping to scoop up at bargain prices in order to position themselves for hyperinflation. The Comex's staccato margin increases on silver are the latest example of this event.
It underscores the importance of not panicking and of not trusting in fiat currency.