What currency will we use during hyperinflation?

If hyperinflation happens in the UK, what will we use for currency? Would businesses start to accept coins for their metal values - ie old silver coins? What else could we use?|||It is possible, of course. Silver (as gold etc) has it's own value and you could use it as currency is something so drastic as hyperinflation happens happens in UK (or anywhere in the world). So, maybe we will have silver coins in the future like we had in the past :)|||We'll still use dollars, just a lot more of them. It's certainly possible more businesses will accept payments in precious metals as conditions worsen or are prolonged.





Although I'm not a Brit, it's not hard for me to imagine a true case of hyperinflation, or even really bad inflation, putting pressure to adopt the Euro.





Of course all of this is speculation, and each case of actual hyperinflation in the past was somewhat unique, and had differing results in the medium to long term.|||As this is not going to happen don't worry about it, also define hyper inflation, above 100% per year or even more?





We still used the 拢 even with inflation at 25% (Labour needless to say) but that is well below hyper inflation.





The Government is currently doing a neat bit of shifty footwork with inflation so don't knock it (unless you have no debts whatsoever) they will let it ride, as next year it will fall back to around 3% 4% or perhaps even lower.|||Hyperinflation: When inflation rate crosses two digit level economists call it hyperinflation. You will be using the same pound- only purchasing power will decrease. and you have to pay more pound for the same good.


But if some day comes when runaway inflation can't be controlled - money market will break down or crash. But this is not going to happen as monetary policies, fiscal policies and direct control are there to stabilize the situation.|||Zimbabwe can still use its dollar,why not the UK.