Sharky:

It has ever been thus. The monetary authorities always have and always will. consider money theirs to do with as only they please. The function of all Central Banks is to ensure the epheremal objectives of only the bankers at any point in time. Within a completely fiat money system as the world has today, all currencies are in a mad rush to the bottom. This is only exacerbated as nations attempt to prevent their own currency from rising relative to others, lest they be put in the position of decreased competiveness of their output in international markets.

The only option which the public has, is to get a solid position in "hard" assets. Got oil, food and agriculture, oil, gold, silver, platinum group metals, etc.? If not then you will largely see your assets inflated away. Particularly if one stays with their assets in cash of their own national currency or others. Some currencies will be better than others, but at the end of the day, not a one of the fiat currencies will keep up with hard physical assets!

Brian