Agreed.

Been considering what two years of 500% annualised inflation would do to Venezuelan citizens holding bolivars as a store of wealth. A 100 bolivar note in 24 months time would have the spending power of four bolivars today. A third year of 500% inflation would reduce that to under one bolivar. In the space of four years during the early 1920s the value of Germany's deutsche mark fell to 0.00 as no-one could be bothered to bend to collect even the highest denominated notes that littered the streets.

Is that scenario all our destiny in the near future to herald in their new world currency? Problem - our dough is worthless, reaction - economy grinds to a halt as no-one's prepared to work for nowt, starvation, riots, mobs raiding homes in search of food, followed by pleas to governments to end this nightmare, solution - here you go, 'ave some of these nice new Phoenix notes, but they will only exist as credits on computer screens.