Not the best solution[0] but it's what happened[1].

[0] http://www.businessinsider.com/worst-hyperinflation-episodes...

[1] http://www.spiegel.de/international/europe/ecb-prints-money-...

thats printing plus taxing..and over doing the printing part? why not print as much as one would ordinarily tax? saves the trouble of employing 100s of 1000s of people to do the tax paperwork.. and inflation is in effect a wealth tax anyway...