I'm from Argentina, even now with 100% inflation YoY I wouldn't call it "hyper-inflationary". We had hyper-inflation in 1989 and that was 79% monthly.

  People in general won't accept doing $1,000 in work and by the time they can spend it only having $700, or worse for example $1.

nobody is quitting their jobs because the currency is losing value. You cash your salary and just buy stocks, bonds, crypto, foreign currency and obviously groceries.

  Most companies I know simply are unwilling to adjust their wages for inflation
  With inflation in the double digits, with real inflation according to previous more accurate methods showing roughly a ~33% loss in value YOY, and the corresponding increase in taxes

yes, some real wisdom here. Here, anybody that's in demand becomes self employed and that brings two benefits: first you can raise your rate as often as you want. Second, your tax rate decreases and gets more predicable for the fiscal year.