They can likely print for longer, but bitcoin benefits from the printing so win/win?
Discussion
As long as it doesn’t produce so much growth that they’re able to get budgets undercut control and reduce debt.
But as much as I loathe the state, them adverting any kind of disaster and taking responsibility is not such a bad outcome. If the entire population is considerably wealthier, then there’s just less of a need for the state to “fix” things.