I would remove "out of thin air" from your thinking. Or you too will go down apocalypse avenue. It's difficult to follow what you're writing (or difficult for you to probably follow it) because you're not taking the time to question what you read, to think it through for yourself.

Nothing can be created out of "thin air". Right there, one should be on guard.

When the gov't creates cash out of thin air it does no such thing in the areas discussed (yes, it does create extra cash every year to keep up with population growth but that is small and steady). The Fed buys an asset, or creates a bond/note. There is NO cash without an asset or liability at the other end. It's preposterous to think so. Isn't it? Maybe I'm wrong, but I don't see how you can create cash without a liability.

That liability is both debt and taxes. You can only pay taxes with dollars. Therefore, the gov't can, and does, ultimately decide just how much cash you'll get to keep year after year. This is a complex subject which I'm sure you'll find interesting, "financial repression"

In the world, most "wealth" that is eroded away is that of the little guy. His wealth is in a weak currency or asset while the wealthier have their assets in strong currencies. You can see this today in South America and Lebanon. Heck, you can see it all over the world in who gets cash at low interest and who gets it at high interest.

I enjoy your articles, but I strongly suggest you take a long walk and think through the mechanics of money so you don't resort to "out of thin air" thinking. Sorry this reply isn't better but have to run!