Stablecoins are monetizing the debt in a sly, round-about way. #Bitcoin fixes this(at least protects us from this), but it will debase the dollar. Most of the world is on the dollar-fiat standard. Inflation was the biggest issue in the US election, but it's getting accelerated instead of fixed. We're gonna make it, but what will the people on a fiat standard do? These questions are starting to worry me. I don't really want everyone else "to have fun staying poor." I've been poor. It's not fun.
Nothing sly or round-about about it. They print tokens, sell them for fiat, and buy treasuries with the fiat. As for what will the fiat people do, they will lose their jobs, lose their homes, own nothing, and be very unhappy. That's their punishment for being too lazy or stupid or afraid to study bitcoin.