A fiat implosion will hurt common people more, actually. If you look at the meltdown in 2008, people in the financial industry were affected, but they managed to bounce back. Stock prices recovered much more quickly than housing prices. The bankers had their money in stocks, while others had invested in real estate.
The bankers were able to survive, as they received hundreds of billions of USD worth of bail-out money from the various governments. It has become the usual practice now. The bankers will get themselves rich, by indulging in corruption. As a result, the bank melts down. Then the government bails it out, and the banker returns once more to continue his corrupt practice. This is a never-ending chain reaction.
