CNY is being devalued on purpose
The world economy will collapse without world-wide, extreme, coordinated devaluation of fiat toiletry. If every country doesn't do enormous fiat devaluation, everything goes down in a black swan event and Bitcoin and gold goes to the moon toilet. If they do the devaluations, Bitcoin and gold still go to the moon from the fiat values tanking.
Fiat is antifragile, ignorant insect. It needs nothing but air to be plentiful and multiply. Sorta like c0ck r0aches