Something that needs to be at least pointed out is that there is a significant difference between money and currency. Currency is a kind of instrument, mostly to enable current, flow of money in an efficient, productive, and low cost manner to facilitate smooth economy of activities. The problem that we are now facing though is that the governments of the world have committed to defrauding the people, whether to cover up other frauds or to plunder wealth/value.

What we are facing right now with the "money printing" in all its different forms or manifestations, is nothing less and nothing more than just plain fraud. It's really no different than if you were told the painting you are buying is a renaissance masterwork, when it's just a sophisticated fake. It's a bit more nuanced than that because the ruling clan used to understand that they can't get too greedy, but that seems to have changed now since they have just gotten away with ever more brazen frauds over the decades and have not been held accountable in at least a very long time, if at all really ever fully. It used to be "… one for you, two for me, one for you, three for me", we seem to be up to "one for you, 5 billion for me … wow, look how successful and smart I am".

It's the biggest problem I have with people who make excuses for "taxing the rich", because frankly, they didn't earn it at all when the government is essentially defrauding the lower classes and pumping trillions into the upper classes. Unfortunately the well has been polluted and the only way to fix it would be to rescind all the fraudulently earned "money", e.g., seize all wealth over $5 million, but that won't happen for several reasons, so we will get the tune we paid the piper for by drinking from the poisoned well. Round and round it goes, where it stops nobody knows. History tells us though, likely it will end very poorly for some group of people. Abuse begets abuse, and the ruling clan has been abusing hard again for a very long time.