There's nothing wrong with creating money out of nothing, in and of itself.  I would rather a country can create money - which most in the world CAN since almost NO ONE is on the gold standard - and then backup that money by output, taxation, etc.  That is what fiat is.  Look at the last 50 years since we went off the gold standard - the world is 100x better off you cannot argue this fact.  You would rather we trade bits of gold and limit credit expansion?  Please.  Instead you have BTC which is backed by nothing, but is in a limited supply.  So what?  Who CARES that you cannot make more.  That does NOT mean that the value will be supported lol.  It just means there can't be more.