We might have reached the end of the line for fiat currencies. This has been talked about in economic circles but perhaps the general public are still not aware of its drastic consequences. While nobody thinks it will be anything like Germany after WWI or Singapore's banana money after WWII, the end result is not great. We are going to see a lot of meaningless millionaires.The story started in 2008 during the Lehman collapse. The US govt pulled out all the stops to save the global financial system. It printed and printed money. Bernanke is a student of the Great Depression. If he has to throw sacks of dollar bills out of the helicopter to encourage people to spend, he would do it. And he did, figuratively. This lead to the debasement of the US dollar, the world reserve currency. Now we are seeing it in Europe. The political ...