I've never seen any evidence every new Monero mined is transparent, but the lack of price momentum in Monero is weak evidence of counterfeit inflation

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"block reward: 0.600000"

You can see this too if you run your own node. It's transparent briefly when it is first mined so you can manually verify the entire history of mined Monero.

https://www.p2pool.io/explorer/block/3273953