More fiat being printed => more value is going to be stored properly in BTC.
It's a cycle that never stops, I agree with you.
One example on this was during the covid-19 height. The stimuli that have been printed like unstoppable for the aide to every citizen.
It's not only the citizens that have poured money to the Bitcoin economy but I guess also those who have a lot of money from their own pockets.
Government related and not. And that's one of the moments when we've seen that the more fiat printed by the government, impacts the price of BTC.