Is there any historic evidence for that? The 1920's hyperinflation in Germany was associated with a large loss in production capacity, among other things.
Yes. Beranke has flooded the market with currency which should have produced hyperinflation already.
Why hasn’t it?
Because our banks are sitting on the cash. And regulators are hesitant to let them lend.
Once they start lending AND FLOOD THE MARKET WITH MONEY, that is where hyperinflation keeps in.