This is why there has yet to be the hyperinflation that the hardcore, and unwise, Austrian contingent predicted.
Will
The only reason that it hasn't occurred is that the velocity of the currency created has been nil. Should the velocity increase, as when all holders of FRN$'s realize that the sooner that they rid themselves of a rapidly debasing currency and trade it for real goods, then you'll have your hyperinflation. It's all a matter of confidence, as most con games are.
