USD and other fiats are doing the same. Just at a much slower rate.
Edit:
It's basically just the Cantillion Effect[1] by another name.
[1] https://www.adamsmith.org/blog/the-cantillion-effect
USD and other fiats are doing the same. Just at a much slower rate.
Edit:
It's basically just the Cantillion Effect[1] by another name.
[1] https://www.adamsmith.org/blog/the-cantillion-effect