Yes! I explained what's happening in this essay: https://medium.datadriveninvestor.com/whats-driving-the-global-rise-in-housing-stocks-and-cryptocurrency-82a2d3c06942

Inflation has always existed, but money creation doesn't cause inflation. The poor distribution of funds and the financial sector's activities increase the price of crypto, housing, stock, etc. For example, imagine the US economic markets is a cup and there's a hole (production) at the bottom. If I pour liquid (money) into the cup, it will continually leak out of the hole (production/economic activities). The only way to plug the hole is by exhausting all of the resources, production, labor, etc. in the economy (sanctions and lack of economic diversity caused Venezuela's inflation).

If the US invested in public goods, it would not cause inflation, but if one sector hoarded money, that sector could intentionally inflate value - not the whole economy. Inflation is specific to sectors, and that's an easy fix, but inflated money isn't possible.

If you watch the video in the essay I posted, it explains how it works.