Interesting observation.
Might it be a ploy by the well-connected to collapse other fiat currencies, leaving the few gold (and other vital commodities) holders with the wealth?
Have you ever played a shell game?
Typically there are three shells/cups with a single ball under it. You win by picking the cup with the right ball under it.
Think of all of the world’s assets are placed under cups. Each cup has a dollar value on top of it with enough cups to cover every dollar in the world. Now imagine if somehow you could add more cups by adding more dollars to the playing field. You’re not adding assets, just making more cups to “muddy” up the playing field.
That’s what’s happening here. We’re watching a large shell game where assets are being shifted around with the most powerful and well connected tracking the “ball” and when the game gets called they’ll pick the correct cups with the most assets and everyone else holding dollars gets to fight over the remaining cups with little or nothing left.
I hope this is a good enough analogy to convey the general idea of the screwing we’re about to see happen.