Lately I was pondering if fiat was the mother of all evil The debasement of money leads to the debasement of everything attached to it, and everything is attached to money. As a result, everything turns upside down. Misalocation of capital all over the place, bad incentives, resulting from an infinite supply of credits. Things that shouldn't be, because not profitable, such as woke garbage, suddenly become viable like that, see ESG It's just a theory, guess work, I probably need to ponder it more but you get the overall idea