Unfortunately this nothing really new. The US Dollar like many other currencies is printed by politicians to cover any shortfalls in their spending. For the government there is no real incentive to work on a balanced budget for each year because they can just cover any problems with new money. We have seen this in the past in US with their debt ceiling, it looks nice on paper, but in the end its not binding. Even though politicians should have different opinions from different parties, they work together on this. This is also why crypto currencies are so successful, the more money the central bank prints the more we looking for alternatives.