How do governments control the economy, or specifically the inflation? You may want to say "by increasing interest rates", and although that is correct but it is only one of the tools they use. They control the inflation by controlling the amount of money people have in their pockets. Increasing interest rates means taking loans (loan means people have more money to spend) becomes more expensive and paying back the loans they already have become more costly as the payments go up. So people end up having less money to spend on other stuff which means demand comes down which means prices can potentially come down which then translates into decreased inflation. (that's right, this is how stupid economy as a science has become!!!)
The manipulation has been on before now but people pay less attention to it, all the news they often heard about fiat currencies, economy inflation, interest rate and the likes re just a way of our more burdens in the life of the masses, yet people never consider for l these because they are used to the system as long as it's coming from the government, but now that they are challenged by bitcoin, the y re also thinking fst to avoid everyone getting swindled away from being their prey, then are still hanging and lurking around crypto to cause the unnecessary stir so that they can also make more money from the fear, hype and other involvements they may consider in their own interest.
Of course there are other usual ways to take peoples' money like taxes all of which are taking money out of people's pockets.
Even on paying tax, they have been manipulating us, but agreed that everyone is expected to pay it, now left on them to do the needful with all the collections.
But there is another way to basically "rob" them and that's by market manipulation. If the government can make people invest in something (eg. stock market which they've done before) and then they can crash that market in a way that a large number of people lose a significant amount of money, the end result is going to be the same.
It's the same game as interest rates and taxes. Money taken out of the pockets of the masses into the pockets of the government and the few "elite".
A good example is from the Trump coin that was hyped and later dumped causing lots of investors going on losses, the second example is that of the Argentina president, wh introduced Libra coin and later told us he was unaware they have a scam intention, many more are coming into space, should we even talk of the increase tarrif plan for Mexico and Canada or we should talk more on the crypto reserve they are spreading news about to cause another pump and dump scheme with crypto.