What did the Indonesian government do during the period of hyperinflation?
The Indonesian government took a number of steps in order to try to control the hyperinflation. Firstly, they increased the money supply in order to try and keep prices from rising too quickly. They also imposed price controls, in an attempt to stop merchants from hiking prices too much. However, these measures were not very effective, and the hyperinflation continued.
The government also tried to reduce the budget deficit, …