Bitcoin is the exact same structure as a Pyramid scheme. Its value is based on the people who buy into the scheme after you do. Musk, Bezos, Wall Street, and other richy-richs invest in risky markets when interest rates are too low to gain significant earnings in safer investments. They influence the stock market and crypto market, and we deal with the fallout.

Money creation doesn't devalue nor inflate the USD. The myth is widely accepted by the public yet every Fed Chair has openly stated to Congress and the public the US can create as much money as it wants, and it does.

Great article!

Inflation is caused by, cost-push and demand-pull.

https://www.investopedia.com/articles/05/012005.asp#:~:text=An%20increase%20in%20the%20costs,government%20spending%2C%20or%20overseas%20growth.