Imagine someone or an institute or a group of institutions or agency who are allowed to print papers (money) as much as they can and putting all in the bitcoin market. Coins are going to their wallet until the last few left.
Isn't that essentially what most ICOs and premined alts have already been doing for a couple of years now?
I doubt any major government would go into hyperinflation just to get their hands on Bitcoin. The economic damage would be too great, as would be the conflict of interest since most rich people still denominate their wealth in fiat.
Additionally Facebook has shown that any larger company attempting to create a "cryptocurrency" will get stomped by international regulation and Venezuela has shown that governmental cryptocurrencies are not exactly wanted.
Only way we are going to see an extraction of Bitcoin via printed tokens is by whatever hot new "decentralized" fun coupons the next wave of newcomers is going to be lured with and that amount is going to be comparably negligible.