Fun historical fact: During the Civil War, the Confederacy experienced rampant inflation. The treasury was located in Richmond, VA. When the Union Army got close to Richmond, the Confederacy packed up the printing press and moved the Treasury, which took a few weeks. During those few weeks, inflation came to an abrupt halt. When they got the printing press running again, inflation resumed its gallop.
If you can't collect tax because of a war going on then printing money and inflating away the value of your currency is probably the next best alternative.
