Yes, you are correct, that is because we live in an economy with a fiat currency system where the FED/Banks create new currency by creating debt. But that does not make me wrong, every time new debt is created new currency is created which ends up in the hands of someone in the economy. There are always other people with money, it does not matter if the money was created via debt or if the FED pushed print on their printer.
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Like Zimbabwe?
Yep, there have been many currency failures throughout history https://howmuch.net/articles/greatest-economic-collapses-in-history