...reiterating a call for burning inventory as if that would somehow reduce a contingent claim on a common pool of economic capital - which it won't...
That sounds very much like the FED chairman/woman to say inflating the USD is not going to reduce a contingent claim on a common pool of economic capital.
Indeed, that would be true too. Progress is made through technology. As technology advances, the economic capital increases alongside. Thus continue to print more USD will not reduce its contingent claim on the economic capital. In other words, the USD is a good currency, by your logic.