Although the possible end to high inflation would come at a somewhat painful price as well, there is a plausible case for inflation coming back down soon.
Assuming that stimulus payments and government interventions end, consumers will likely continue to respond to price increases with reduced demand. We are already observing this effect. If this trend continues without tampering from governments and central banks, plummeting demand will eventually force prices back down to some degree.
Where exactly the new equilibrium will fall, compared to current or historic prices and inflation levels, is hard to tell. Further, new bailouts, subsidies and other interventions could still refuel the inflation spiral. But without such interventions, there is actually hope that the hyperinflation nightmare won’t become reality after all.